Director Of Strategic Initiatives salary in Iceland

Average Yearly Salary of Director Of Strategic Initiatives in Iceland is approximately 20,087,966 ISK (139,582 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 Strategic Initiatives do?

The Director of Strategic Initiatives is a senior-level position responsible for overseeing and implementing strategic projects within an organization. This role involves working closely with executive leadership to identify and prioritize key initiatives that align with the company's long-term goals. The Director of Strategic Initiatives conducts thorough research and analysis to develop actionable plans, identifies potential risks and opportunities, and ensures successful execution of projects. They collaborate with cross-functional teams to drive organizational change, increase operational efficiency, and enhance business performance. Additionally, the Director of Strategic Initiatives monitors industry trends and competitor activities to inform decision-making and maintain a competitive edge. This role requires strong leadership, excellent communication skills, and the ability to influence stakeholders at all levels of the organization.

Skills: Director, Strategic Initiatives, Project Management, Strategic Planning, Change Management, Leadership, Communication.
Job industry: Business strategy

How much does Director Of Strategic Initiatives make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Director Of Strategic Initiatives a well paid job?

Yes, our data show that Director Of Strategic Initiatives is a very 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 Strategic Initiatives?

High salary for Director Of Strategic Initiatives would be somewhere between 22,096,763 ISK and 29,127,551 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Director Of Strategic Initiatives 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: 20,087,966 ISK
Estimated Monthly Salary: 1,673,997 ISK
Estimated Weekly Salary: 386,307 ISK per week
Estimated Hourly Salary: 9,658 ISK per hour
By working as Director Of Strategic Initiatives a person can save up to 8,903 USD per month or 106,836 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 Strategic Initiatives

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.

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Data as of 2025

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