Home > Salary > Iceland > General Manager 1
A General Manager is responsible for overseeing the overall operations and performance of a company or organization. They play a crucial role in strategic planning, setting goals, and ensuring the successful execution of business objectives. The General Manager is responsible for managing various departments, coordinating activities, and making decisions that impact the overall success of the company. They are also responsible for developing and implementing policies, monitoring financial performance, and ensuring compliance with regulations.
Estimated Yearly Salary: 14,260,821 ISK
Estimated Monthly Salary: 1,188,402 ISK
Estimated Weekly Salary: 274,247 ISK per week
Estimated Hourly Salary: 6,856 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,151,960 ISK
Estimated Weekly Salary: 265,837 ISK per week
Estimated Hourly Salary: 6,646 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 99,913 USD
Estimated Monthly Salary: 8,326 USD
Estimated Weekly Salary: 1,921 USD per week
Estimated Hourly Salary: 48 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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 14,260,821 ISK
Estimated Monthly Salary: 1,188,402 ISK
Estimated Weekly Salary: 274,247 ISK per week
Estimated Hourly Salary: 6,856 ISK per hour
By working as General Manager 1 a person can save up to 5,597 USD per month or 67,167 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 General Manager 1
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Gl analyst (8,303,429 ISK per year, pre-tax.)
Qa test lead (11,229,352 ISK per year, pre-tax.)
Weather forecaster (10,314,447 ISK per year, pre-tax.)
Medical office front desk specialist (6,067,108 ISK per year, pre-tax.)
Exhibit builder museums (6,175,376 ISK per year, pre-tax.)
General Manager 1 salary in Iceland
Average Yearly Salary of General Manager 1 in Iceland is approximately 14,260,821 ISK (99,913 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 Manager 1 do?
A General Manager is responsible for overseeing the overall operations and performance of a company or organization. They play a crucial role in strategic planning, setting goals, and ensuring the successful execution of business objectives. The General Manager is responsible for managing various departments, coordinating activities, and making decisions that impact the overall success of the company. They are also responsible for developing and implementing policies, monitoring financial performance, and ensuring compliance with regulations.
Skills: General Manager, Operations Management, Strategic Planning, Leadership, Decision-making, Financial Management
Job industry: Hospitality
Job industry: Hospitality
How much does General Manager 1 make?
Salary details
How much does General Manager 1 make?Estimated Yearly Salary: 14,260,821 ISK
Estimated Monthly Salary: 1,188,402 ISK
Estimated Weekly Salary: 274,247 ISK per week
Estimated Hourly Salary: 6,856 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 13,823,524 ISKEstimated Monthly Salary: 1,151,960 ISK
Estimated Weekly Salary: 265,837 ISK per week
Estimated Hourly Salary: 6,646 ISK per hour
Last revision of data: 2024-01-03General Manager 1 estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 99,913 USD
Estimated Monthly Salary: 8,326 USD
Estimated Weekly Salary: 1,921 USD per week
Estimated Hourly Salary: 48 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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 General Manager 1 job salary compared to average salary in Iceland.
Comparison shows that a person working as General Manager 1 in Iceland earns on average:
1.59 times the average salary (or 159% 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 General Manager 1 job salary compared to average salary in Iceland.
Comparison shows that a person working as General Manager 1 in Iceland earns on average:
1.59 times the average salary (or 159% of average salary).
Is General Manager 1 a well paid job?
Yes, our data shows that General Manager 1 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 Manager 1?
High salary for General Manager 1 would be somewhere between 15,686,903 ISK and 20,678,190 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as General Manager 1 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: 14,260,821 ISK
Estimated Monthly Salary: 1,188,402 ISK
Estimated Weekly Salary: 274,247 ISK per week
Estimated Hourly Salary: 6,856 ISK per hour
By working as General Manager 1 a person can save up to 5,597 USD per month or 67,167 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 Manager 1
Norway is 140,605 USD
United Kingdom is 65,667 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:
Gl analyst (8,303,429 ISK per year, pre-tax.)
Qa test lead (11,229,352 ISK per year, pre-tax.)
Weather forecaster (10,314,447 ISK per year, pre-tax.)
Medical office front desk specialist (6,067,108 ISK per year, pre-tax.)
Exhibit builder museums (6,175,376 ISK per year, pre-tax.)
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All salary data on optisalary.com are for informational use exclusively. We compile data from numerous trusted sources, yet cannot ensure complete accuracy. Before making financial decisions, users should cross-check with additional authoritative sources. Salaries change due to various factors, including negotiation skills, industry demand, and experience levels. We deny any responsibility for misrepresentations in the salary information provided here. Your engagement with optisalary.com indicates agreement of this policy.