General Management Consultant salary in Iceland

Average Yearly Salary of General Management Consultant in Iceland is approximately 12,624,398 ISK (88,557 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 Management Consultant do?

A general management consultant is a professional who provides expert advice and guidance to organizations in various industries. They help businesses improve their performance, efficiency, and profitability by analyzing their operations, identifying areas for improvement, and implementing strategic solutions. General management consultants are skilled at conducting research, data analysis, and problem-solving to address organizational challenges. They may work independently or as part of a consulting firm, collaborating with clients to understand their goals and develop tailored strategies. This occupation requires strong communication and interpersonal skills, as consultants often interact with stakeholders at all levels of an organization. They should also possess excellent analytical and critical thinking abilities to assess complex business problems and devise effective solutions.

Skills: management consulting, strategy, problem-solving, data analysis, organizational improvement, business performance
Job industry: Management consulting

How much does General Management Consultant make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is General Management Consultant a well paid job?

Yes, our data shows that General Management Consultant is a 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 Management Consultant?

High salary for General Management Consultant would be somewhere between 13,886,838 ISK and 18,305,377 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as General Management Consultant 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: 12,624,398 ISK
Estimated Monthly Salary: 1,052,033 ISK
Estimated Weekly Salary: 242,777 ISK per week
Estimated Hourly Salary: 6,069 ISK per hour
By working as General Management Consultant a person can save up to 4,651 USD per month or 55,811 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 Management Consultant

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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