Home > Salary > Iceland > Executive Compensation Manager
An executive compensation manager is responsible for designing, implementing, and managing compensation programs for top-level executives within an organization. They work closely with senior management and the board of directors to ensure that executive compensation packages align with the company's strategic goals and objectives. This includes conducting market research to benchmark compensation levels, analyzing performance metrics, and making recommendations on salary, bonuses, stock options, and other benefits. They also ensure compliance with regulatory requirements and provide guidance on executive compensation best practices.
Estimated Yearly Salary: 24,659,566 ISK
Estimated Monthly Salary: 2,054,964 ISK
Estimated Weekly Salary: 474,222 ISK per week
Estimated Hourly Salary: 11,856 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,984,912 ISK
Estimated Weekly Salary: 458,057 ISK per week
Estimated Hourly Salary: 11,451 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 172,148 USD
Estimated Monthly Salary: 14,346 USD
Estimated Weekly Salary: 3,311 USD per week
Estimated Hourly Salary: 83 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: 24,659,566 ISK
Estimated Monthly Salary: 2,054,964 ISK
Estimated Weekly Salary: 474,222 ISK per week
Estimated Hourly Salary: 11,856 ISK per hour
By working as Executive Compensation Manager a person can save up to 11,617 USD per month or 139,402 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 Executive Compensation Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Facialist (8,339,962 ISK per year, pre-tax.)
Pay-per-click (ppc), advertising manager (9,937,494 ISK per year, pre-tax.)
Purchasing agent (but not wholesale retail or farm products) (10,135,590 ISK per year, pre-tax.)
Incident manager (17,560,433 ISK per year, pre-tax.)
Online media director (17,332,505 ISK per year, pre-tax.)
Executive Compensation Manager salary in Iceland
Average Yearly Salary of Executive Compensation Manager in Iceland is approximately 24,659,566 ISK (172,148 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 Manager do?
An executive compensation manager is responsible for designing, implementing, and managing compensation programs for top-level executives within an organization. They work closely with senior management and the board of directors to ensure that executive compensation packages align with the company's strategic goals and objectives. This includes conducting market research to benchmark compensation levels, analyzing performance metrics, and making recommendations on salary, bonuses, stock options, and other benefits. They also ensure compliance with regulatory requirements and provide guidance on executive compensation best practices.
Skills: executive compensation, compensation management, strategic planning, performance analysis, regulatory compliance, benefits administration
Job industry: Human resources
Job industry: Human resources
How much does Executive Compensation Manager make?
Salary details
How much does Executive Compensation Manager make?Estimated Yearly Salary: 24,659,566 ISK
Estimated Monthly Salary: 2,054,964 ISK
Estimated Weekly Salary: 474,222 ISK per week
Estimated Hourly Salary: 11,856 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 23,818,938 ISKEstimated Monthly Salary: 1,984,912 ISK
Estimated Weekly Salary: 458,057 ISK per week
Estimated Hourly Salary: 11,451 ISK per hour
Last revision of data: 2024-01-03Executive Compensation Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 172,148 USD
Estimated Monthly Salary: 14,346 USD
Estimated Weekly Salary: 3,311 USD per week
Estimated Hourly Salary: 83 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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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 Executive Compensation Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Executive Compensation Manager in Iceland earns on average:
2.76 times the average salary (or 276% 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 Executive Compensation Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Executive Compensation Manager in Iceland earns on average:
2.76 times the average salary (or 276% of average salary).
Is Executive Compensation Manager a well paid job?
Yes, our data show that Executive Compensation 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 Executive Compensation Manager?
High salary for Executive Compensation Manager would be somewhere between 27,125,523 ISK and 35,756,371 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Executive Compensation 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: 24,659,566 ISK
Estimated Monthly Salary: 2,054,964 ISK
Estimated Weekly Salary: 474,222 ISK per week
Estimated Hourly Salary: 11,856 ISK per hour
By working as Executive Compensation Manager a person can save up to 11,617 USD per month or 139,402 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 Manager
Norway is 241,559 USD
United Kingdom is 113,306 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:
Facialist (8,339,962 ISK per year, pre-tax.)
Pay-per-click (ppc), advertising manager (9,937,494 ISK per year, pre-tax.)
Purchasing agent (but not wholesale retail or farm products) (10,135,590 ISK per year, pre-tax.)
Incident manager (17,560,433 ISK per year, pre-tax.)
Online media director (17,332,505 ISK per year, pre-tax.)
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