Home > Salary > Iceland > Divisional Merchandise Manager
A Divisional Merchandise Manager (DMM) is a senior-level position in the retail industry responsible for overseeing the buying and merchandising strategies for a specific division or category within a company. They work closely with buyers, planners, and vendors to ensure the right products are sourced, ordered, and delivered to stores or online platforms. DMMs analyze market trends, consumer demands, and sales data to develop effective merchandising plans that align with the company's goals and target audience. They negotiate contracts, set pricing strategies, manage inventory levels, and monitor sales performance to optimize profitability.
Estimated Yearly Salary: 30,698,525 ISK
Estimated Monthly Salary: 2,558,210 ISK
Estimated Weekly Salary: 590,356 ISK per week
Estimated Hourly Salary: 14,759 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,481,133 ISK
Estimated Weekly Salary: 572,569 ISK per week
Estimated Hourly Salary: 14,314 ISK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 216,208 USD
Estimated Monthly Salary: 18,017 USD
Estimated Weekly Salary: 4,158 USD per week
Estimated Hourly Salary: 104 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 30,698,525 ISK
Estimated Monthly Salary: 2,558,210 ISK
Estimated Weekly Salary: 590,356 ISK per week
Estimated Hourly Salary: 14,759 ISK per hour
By working as Divisional Merchandise Manager a person can save up to 15,289 USD per month or 183,462 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.
Estimated Yearly Salary for Divisional Merchandise Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Apple genius (8,830,862 ISK per year, pre-tax.)
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Professor of history (14,735,032 ISK per year, pre-tax.)
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Divisional Merchandise Manager salary in Iceland
Average Yearly Salary of Divisional Merchandise Manager in Iceland is approximately 30,698,525 ISK (216,208 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 Divisional Merchandise Manager do?
A Divisional Merchandise Manager (DMM) is a senior-level position in the retail industry responsible for overseeing the buying and merchandising strategies for a specific division or category within a company. They work closely with buyers, planners, and vendors to ensure the right products are sourced, ordered, and delivered to stores or online platforms. DMMs analyze market trends, consumer demands, and sales data to develop effective merchandising plans that align with the company's goals and target audience. They negotiate contracts, set pricing strategies, manage inventory levels, and monitor sales performance to optimize profitability.
Skills: Divisional Merchandise Manager, Retail Industry, Buying Strategies, Merchandising Plans, Market Analysis, Inventory Management
Job industry: Retail
Job industry: Retail
How much does Divisional Merchandise Manager make?
Salary details
How much does Divisional Merchandise Manager make?Estimated Yearly Salary: 30,698,525 ISK
Estimated Monthly Salary: 2,558,210 ISK
Estimated Weekly Salary: 590,356 ISK per week
Estimated Hourly Salary: 14,759 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 29,773,601 ISKEstimated Monthly Salary: 2,481,133 ISK
Estimated Weekly Salary: 572,569 ISK per week
Estimated Hourly Salary: 14,314 ISK per hour
Last revision of data: 2024-01-06Divisional Merchandise Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 216,208 USD
Estimated Monthly Salary: 18,017 USD
Estimated Weekly Salary: 4,158 USD per week
Estimated Hourly Salary: 104 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Divisional Merchandise Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Divisional Merchandise Manager in Iceland earns on average:
3.43 times the average salary (or 343% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Divisional Merchandise Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Divisional Merchandise Manager in Iceland earns on average:
3.43 times the average salary (or 343% of average salary).
Is Divisional Merchandise Manager a well paid job?
Yes, our data show that Divisional Merchandise Manager 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 Divisional Merchandise Manager?
High salary for Divisional Merchandise Manager would be somewhere between 33,768,378 ISK and 44,512,861 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Divisional Merchandise 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: 30,698,525 ISK
Estimated Monthly Salary: 2,558,210 ISK
Estimated Weekly Salary: 590,356 ISK per week
Estimated Hourly Salary: 14,759 ISK per hour
By working as Divisional Merchandise Manager a person can save up to 15,289 USD per month or 183,462 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 Divisional Merchandise Manager
Norway is 302,603 USD
United Kingdom is 142,181 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Apple genius (8,830,862 ISK per year, pre-tax.)
Lab clerk (5,163,977 ISK per year, pre-tax.)
Sales compensation analyst (9,964,091 ISK per year, pre-tax.)
Professor of history (14,735,032 ISK per year, pre-tax.)
Mining superintendent (14,588,197 ISK per year, pre-tax.)
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