Executive Compensation Director salary in Iceland

Average Yearly Salary of Executive Compensation Director in Iceland is approximately 30,226,234 ISK (211,349 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 Executive Compensation Director do?

The occupation of an Executive Compensation Director involves overseeing and managing the compensation programs for executives within an organization. This role requires a deep understanding of executive compensation strategies, market trends, and regulatory compliance. The Executive Compensation Director collaborates with senior leadership and the HR department to design and implement competitive compensation packages that attract and retain top executive talent. They conduct extensive research and analysis to ensure that executive compensation aligns with industry standards and company goals. Additionally, they are responsible for developing and maintaining executive compensation policies, as well as providing guidance on incentive plans, equity-based awards, and long-term incentive programs. The Executive Compensation Director also plays a key role in communicating and educating executives on their compensation packages.

Skills: Executive Compensation, Compensation Strategy, Market Trends, Regulatory Compliance, Talent Management, Incentive Programs
Job industry: Human resources

How much does Executive Compensation Director make?

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


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Salary comparison to National average

Is Executive Compensation Director a well paid job?

Yes, our data show that Executive Compensation 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 Executive Compensation Director?

High salary for Executive Compensation Director would be somewhere between 33,248,857 ISK and 43,828,039 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Executive Compensation 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: 30,226,234 ISK
Estimated Monthly Salary: 2,518,853 ISK
Estimated Weekly Salary: 581,274 ISK per week
Estimated Hourly Salary: 14,532 ISK per hour
By working as Executive Compensation Director a person can save up to 14,884 USD per month or 178,603 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 Executive Compensation Director

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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