General Director salary in Iceland

Average Yearly Salary of General Director in Iceland is approximately 20,732,834 ISK (145,221 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 General Director do?

The occupation of a General Director is a senior executive role responsible for overseeing the overall operations and strategic direction of an organization. They are accountable for making high-level decisions, setting goals, and ensuring the company's objectives are achieved efficiently and effectively. The General Director works closely with other executives, department heads, and stakeholders to develop and implement business strategies that drive growth, profitability, and success. They are responsible for managing budgets, allocating resources, and evaluating performance to ensure organizational targets are met. Additionally, the General Director represents the company in external relations, such as negotiations with partners, clients, or government officials. This role requires strong leadership skills, business acumen, and the ability to make critical decisions under pressure.

Skills: General Director, Executive Leadership, Strategic Management, Business Strategy, Operational Oversight, Decision Making.
Job industry: Management

How much does General 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 General Director a well paid job?

Yes, our data show that General 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 General Director?

High salary for General Director would be somewhere between 22,806,117 ISK and 30,062,609 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as General 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: 20,732,834 ISK
Estimated Monthly Salary: 1,727,736 ISK
Estimated Weekly Salary: 398,708 ISK per week
Estimated Hourly Salary: 9,968 ISK per hour
By working as General Director a person can save up to 9,373 USD per month or 112,475 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 General 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.

Top 10 highest salaries in Iceland

Data as of 2025

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