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An Engineering Director is a senior-level position responsible for overseeing and managing all aspects of engineering projects within an organization. They are responsible for leading a team of engineers, setting project goals and objectives, and ensuring that engineering projects are completed on time and within budget. The Engineering Director works closely with other departments, such as product development and operations, to ensure that engineering projects align with the overall business strategy. They also collaborate with clients and stakeholders to understand their needs and requirements, and provide technical expertise and guidance throughout the project lifecycle. Additionally, the Engineering Director stays updated on industry trends and advancements, and implements best practices and innovative solutions to drive continuous improvement in engineering processes.
Estimated Yearly Salary: 29,596,454 ISK
Estimated Monthly Salary: 2,466,371 ISK
Estimated Weekly Salary: 569,163 ISK per week
Estimated Hourly Salary: 14,229 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,383,667 ISK
Estimated Weekly Salary: 550,077 ISK per week
Estimated Hourly Salary: 13,752 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 206,689 USD
Estimated Monthly Salary: 17,224 USD
Estimated Weekly Salary: 3,975 USD per week
Estimated Hourly Salary: 99 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.
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Estimated Yearly Salary: 29,596,454 ISK
Estimated Monthly Salary: 2,466,371 ISK
Estimated Weekly Salary: 569,163 ISK per week
Estimated Hourly Salary: 14,229 ISK per hour
By working as Engineering Director a person can save up to 14,495 USD per month or 173,943 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 Engineering Director
Last revision of data: 2025-01-04
Data as of 2025
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Engineering Director salary in Iceland
Average Yearly Salary of Engineering Director in Iceland is approximately 29,596,454 ISK (206,689 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 Engineering Director do?

Skills: Engineering, Director, Leadership, Project Management, Technical Expertise, Innovation
Job industry: Engineering
Job industry: Engineering
How much does Engineering Director make?
Salary details
How much does Engineering Director make?Estimated Yearly Salary: 29,596,454 ISK
Estimated Monthly Salary: 2,466,371 ISK
Estimated Weekly Salary: 569,163 ISK per week
Estimated Hourly Salary: 14,229 ISK per hour
Comparing salary to last year:
Estimated Yearly Salary: 28,604,004 ISKEstimated Monthly Salary: 2,383,667 ISK
Estimated Weekly Salary: 550,077 ISK per week
Estimated Hourly Salary: 13,752 ISK per hour
Engineering Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 206,689 USD
Estimated Monthly Salary: 17,224 USD
Estimated Weekly Salary: 3,975 USD per week
Estimated Hourly Salary: 99 USD per hour
Difference in salary year over year or average salary increase is approximately
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 Engineering Director job salary compared to average salary in Iceland.
Comparison shows that a person working as Engineering Director in Iceland earns on average:
3.31 times the average salary (or 331% 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 Engineering Director job salary compared to average salary in Iceland.
Comparison shows that a person working as Engineering Director in Iceland earns on average:
3.31 times the average salary (or 331% of average salary).
Is Engineering Director a well paid job?
Yes, our data show that Engineering Director 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 Engineering Director?
High salary for Engineering Director would be somewhere between 32,556,099 ISK and 42,914,858 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Engineering Director 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: 29,596,454 ISK
Estimated Monthly Salary: 2,466,371 ISK
Estimated Weekly Salary: 569,163 ISK per week
Estimated Hourly Salary: 14,229 ISK per hour
By working as Engineering Director a person can save up to 14,495 USD per month or 173,943 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 Engineering Director
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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4. Neurosurgeon
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9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Random salary:
Vehicle salesperson (4,845,087 ISK per year, pre-tax.)
Provost (31,687,656 ISK per year, pre-tax.)
Employee benefits coordinator (7,696,786 ISK per year, pre-tax.)
Assistant project manager construction (8,777,887 ISK per year, pre-tax.)
Fleet manager (12,015,861 ISK per year, pre-tax.)
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