Heavy Equipment Rental Manager salary in Iceland

Average Yearly Salary of Heavy Equipment Rental Manager in Iceland is approximately 11,186,860 ISK (78,200 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 Heavy Equipment Rental Manager do?

A heavy equipment rental manager is responsible for overseeing the operations of a company that rents out large machinery and equipment to various industries. They coordinate the rental process, ensuring that the right equipment is available for customers and managing the logistics of delivery and return. This role involves maintaining a fleet of heavy equipment, conducting regular inspections and maintenance, and organizing repairs when necessary. The rental manager also handles customer inquiries, provides quotes, negotiates rental agreements, and ensures timely billing and payment collection. They may collaborate with sales teams to identify potential customers and develop marketing strategies to promote the rental services. Excellent organizational skills, knowledge of heavy equipment, and the ability to multitask are essential for success in this role.

Skills: Heavy Equipment Rental Manager, Equipment Rental Operations, Equipment Logistics, Fleet Management, Customer Service, Maintenance and Repairs
Job industry: Construction

How much does Heavy Equipment Rental 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 Heavy Equipment Rental Manager a well paid job?

Yes, our data shows that Heavy Equipment Rental 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 Heavy Equipment Rental Manager?

High salary for Heavy Equipment Rental Manager would be somewhere between 12,305,546 ISK and 16,220,947 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Heavy Equipment Rental 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: 11,186,860 ISK
Estimated Monthly Salary: 932,238 ISK
Estimated Weekly Salary: 215,132 ISK per week
Estimated Hourly Salary: 5,378 ISK per hour
By working as Heavy Equipment Rental Manager a person can save up to 3,788 USD per month or 45,454 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 Heavy Equipment Rental 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.

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Data as of 2025

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