Home > Salary > Iceland > Electrical Engineering Manager
An electrical engineering manager is responsible for overseeing and coordinating the work of a team of electrical engineers. They are involved in planning, designing, and implementing electrical systems and projects, ensuring that they meet safety standards and comply with regulations. The manager provides technical guidance and support to the team, reviewing their work and providing feedback. They also collaborate with other departments and stakeholders to develop project plans, budgets, and timelines. Additionally, an electrical engineering manager may be involved in hiring and training new engineers, as well as managing resources and equipment.
Estimated Yearly Salary: 24,255,460 ISK
Estimated Monthly Salary: 2,021,288 ISK
Estimated Weekly Salary: 466,451 ISK per week
Estimated Hourly Salary: 11,661 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,949,471 ISK
Estimated Weekly Salary: 449,878 ISK per week
Estimated Hourly Salary: 11,247 ISK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 169,113 USD
Estimated Monthly Salary: 14,093 USD
Estimated Weekly Salary: 3,252 USD per week
Estimated Hourly Salary: 81 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 24,255,460 ISK
Estimated Monthly Salary: 2,021,288 ISK
Estimated Weekly Salary: 466,451 ISK per week
Estimated Hourly Salary: 11,661 ISK per hour
By working as Electrical Engineering Manager a person can save up to 11,364 USD per month or 136,367 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 Electrical Engineering Manager
Last revision of data: 2025-01-04
Data as of 2025
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Electrical Engineering Manager salary in Iceland
Average Yearly Salary of Electrical Engineering Manager in Iceland is approximately 24,255,460 ISK (169,113 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 Electrical Engineering Manager do?
An electrical engineering manager is responsible for overseeing and coordinating the work of a team of electrical engineers. They are involved in planning, designing, and implementing electrical systems and projects, ensuring that they meet safety standards and comply with regulations. The manager provides technical guidance and support to the team, reviewing their work and providing feedback. They also collaborate with other departments and stakeholders to develop project plans, budgets, and timelines. Additionally, an electrical engineering manager may be involved in hiring and training new engineers, as well as managing resources and equipment.
Skills: Electrical Engineering, Manager, Team Leadership, Project Management, Technical Guidance, Safety Compliance
Job industry: Electrical engineering
Job industry: Electrical engineering
How much does Electrical Engineering Manager make?
Salary details
How much does Electrical Engineering Manager make?Estimated Yearly Salary: 24,255,460 ISK
Estimated Monthly Salary: 2,021,288 ISK
Estimated Weekly Salary: 466,451 ISK per week
Estimated Hourly Salary: 11,661 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 23,393,656 ISKEstimated Monthly Salary: 1,949,471 ISK
Estimated Weekly Salary: 449,878 ISK per week
Estimated Hourly Salary: 11,247 ISK per hour
Last revision of data: 2024-01-08Electrical Engineering Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 169,113 USD
Estimated Monthly Salary: 14,093 USD
Estimated Weekly Salary: 3,252 USD per week
Estimated Hourly Salary: 81 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
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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 Electrical Engineering Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Electrical Engineering Manager in Iceland earns on average:
2.71 times the average salary (or 271% 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 Electrical Engineering Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Electrical Engineering Manager in Iceland earns on average:
2.71 times the average salary (or 271% of average salary).
Is Electrical Engineering Manager a well paid job?
Yes, our data show that Electrical Engineering 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 Electrical Engineering Manager?
High salary for Electrical Engineering Manager would be somewhere between 26,681,006 ISK and 35,170,417 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Electrical Engineering 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: 24,255,460 ISK
Estimated Monthly Salary: 2,021,288 ISK
Estimated Weekly Salary: 466,451 ISK per week
Estimated Hourly Salary: 11,661 ISK per hour
By working as Electrical Engineering Manager a person can save up to 11,364 USD per month or 136,367 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 Electrical Engineering Manager
Norway is 237,107 USD
United Kingdom is 110,893 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:
Assistant planner (8,412,821 ISK per year, pre-tax.)
Import coordinator (6,326,422 ISK per year, pre-tax.)
Records analyst (6,848,042 ISK per year, pre-tax.)
Golf tee times coordinator (2,846,867 ISK per year, pre-tax.)
Maintenance supervisor (6,801,808 ISK per year, pre-tax.)
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