General Store Manager salary in Iceland

Average Yearly Salary of General Store Manager in Iceland is approximately 9,775,391 ISK (68,749 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 Store Manager do?

A general store manager oversees the daily operations of a retail establishment, ensuring smooth functioning and profitability. They are responsible for managing staff, inventory, and customer service. Their duties include hiring and training employees, creating work schedules, setting sales targets, and monitoring performance. They also handle inventory management, ensuring stock levels are maintained, and ordering new products when necessary. General store managers are the point of contact for customer complaints and resolving issues to maintain customer satisfaction. They analyze sales data and market trends to develop strategies for increasing revenue and improving profitability. Additionally, they are responsible for maintaining store cleanliness and safety standards. A successful general store manager possesses strong leadership skills, excellent communication abilities, and a keen eye for detail.

Skills: General Store Manager, Retail Management, Inventory Management, Customer Service, Sales Analysis, Leadership Skills
Job industry: Retail

How much does General Store Manager 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 Store Manager a well paid job?

Yes, our data show that General Store Manager 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 Store Manager?

High salary for General Store Manager would be somewhere between 10,752,930 ISK and 14,174,317 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as General Store 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: 9,775,391 ISK
Estimated Monthly Salary: 814,616 ISK
Estimated Weekly Salary: 187,988 ISK per week
Estimated Hourly Salary: 4,700 ISK per hour
By working as General Store Manager a person can save up to 3,000 USD per month or 36,003 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 Store Manager

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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