District Store Manager salary in Iceland

Average Yearly Salary of District Store Manager in Iceland is approximately 9,772,980 ISK (68,423 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 District Store Manager do?

A District Store Manager is responsible for overseeing the operations of multiple retail stores within a designated district. They are in charge of ensuring that each store meets sales targets, maintains high levels of customer satisfaction, and operates efficiently. Their main duties include developing and implementing sales strategies, monitoring store performance, managing inventory levels, recruiting and training staff, and resolving any issues or conflicts that arise. District Store Managers also analyze market trends, identify opportunities for growth, and make recommendations to improve store performance and profitability. They work closely with store managers to provide guidance and support, conduct regular store visits to assess compliance with company policies and procedures, and collaborate with other departments such as marketing and human resources. This role requires excellent leadership, communication, and problem-solving skills.

Skills: District Store Manager, Retail Operations, Sales Strategies, Customer Satisfaction, Inventory Management, Staff Development
Job industry: Retail

How much does District Store Manager make?

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


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Salary comparison to National average

Is District Store Manager a well paid job?

Yes, our data show that District Store Manager is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for District Store Manager?

High salary for District Store Manager would be somewhere between 10,750,278 ISK and 14,170,821 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as District Store Manager 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: 9,772,980 ISK
Estimated Monthly Salary: 814,415 ISK
Estimated Weekly Salary: 187,942 ISK per week
Estimated Hourly Salary: 4,699 ISK per hour
By working as District Store Manager a person can save up to 2,973 USD per month or 35,677 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 District Store Manager

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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