Grants Manager salary in Iceland

Average Yearly Salary of Grants Manager in Iceland is approximately 11,435,903 ISK (79,756 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 Grants Manager do?

A grants manager is responsible for overseeing the process of securing and managing grants for an organization. They play a crucial role in identifying potential funding opportunities, preparing grant proposals, and ensuring compliance with grant requirements. Grants managers work closely with program directors and finance teams to develop budgets, track expenses, and monitor progress towards grant objectives. They also maintain relationships with funders, providing regular reports and updates on grant activities. Additionally, grants managers may be involved in conducting research, evaluating grant applications, and providing guidance to staff on grant-related matters. This occupation requires strong organizational skills, attention to detail, and excellent written and verbal communication abilities.

Skills: Grants manager, Grant writing, Fundraising, Nonprofit management, Budgeting, Compliance
Job industry: Non-profit

How much does Grants 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 Grants Manager a well paid job?

Yes, our data shows that Grants Manager 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 Grants Manager?

High salary for Grants Manager would be somewhere between 12,579,493 ISK and 16,582,059 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Grants 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: 11,435,903 ISK
Estimated Monthly Salary: 952,992 ISK
Estimated Weekly Salary: 219,921 ISK per week
Estimated Hourly Salary: 5,498 ISK per hour
By working as Grants Manager a person can save up to 3,918 USD per month or 47,010 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 Grants 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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