Director Of Materials Management Hospital salary in Iceland

Average Yearly Salary of Director Of Materials Management Hospital in Iceland is approximately 16,360,920 ISK (114,943 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Director Of Materials Management Hospital do?

The Director of Materials Management in a hospital is responsible for overseeing the procurement, inventory management, and distribution of all supplies and equipment necessary for the smooth operation of the facility. They develop and implement strategies to optimize the purchasing process, ensuring cost-effectiveness while maintaining quality standards. The director collaborates with various departments to forecast supply needs, negotiate contracts with vendors, and monitor inventory levels to prevent shortages or excesses. They also establish and enforce policies and procedures related to materials management, including compliance with regulatory requirements.

Skills: Director of Materials Management, Hospital Administration, Procurement, Inventory Management, Supply Chain, Vendor Management
Job industry: Healthcare

How much does Director Of Materials Management Hospital make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Director Of Materials Management Hospital a well paid job?

Yes, our data shows that Director Of Materials Management Hospital is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Director Of Materials Management Hospital?

High salary for Director Of Materials Management Hospital would be somewhere between 17,997,012 ISK and 23,723,334 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Director Of Materials Management Hospital in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 16,360,920 ISK
Estimated Monthly Salary: 1,363,410 ISK
Estimated Weekly Salary: 314,633 ISK per week
Estimated Hourly Salary: 7,866 ISK per hour
By working as Director Of Materials Management Hospital a person can save up to 6,850 USD per month or 82,197 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Director Of Materials Management Hospital

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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