General Manager Food Service salary in Iceland

Average Yearly Salary of General Manager Food Service in Iceland is approximately 9,989,849 ISK (70,290 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 Food Service do?

The occupation of a General Manager in the food service industry involves overseeing the overall operations and management of a restaurant or food establishment. This role requires a combination of leadership, organizational skills, and industry knowledge to ensure the smooth functioning of the business. General Managers are responsible for various tasks including hiring and training staff, creating work schedules, managing inventory and supplies, implementing quality control measures, and ensuring customer satisfaction. They also handle financial aspects such as budgeting, cost control, and achieving sales targets. Effective communication and problem-solving skills are essential to address any issues that may arise in the day-to-day operations. Overall, a General Manager in food service plays a crucial role in maintaining the profitability and success of the establishment.

Skills: General Manager, Food Service, Restaurant Management, Leadership, Customer Satisfaction, Financial Management
Job industry: Food and beverage

How much does General Manager Food Service 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 Manager Food Service a well paid job?

Yes, our data show that General Manager Food Service is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for General Manager Food Service?

High salary for General Manager Food Service would be somewhere between 10,988,834 ISK and 14,485,281 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as General Manager Food Service 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: 9,989,849 ISK
Estimated Monthly Salary: 832,487 ISK
Estimated Weekly Salary: 192,112 ISK per week
Estimated Hourly Salary: 4,803 ISK per hour
By working as General Manager Food Service a person can save up to 3,129 USD per month or 37,544 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 Food Service

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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