Hr Business Associate salary in Iceland

Average Yearly Salary of Hr Business Associate in Iceland is approximately 13,961,079 ISK (97,945 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 Hr Business Associate do?

An HR Business Associate is responsible for providing support to the Human Resources department in various aspects of employee management and development. They assist with recruitment and onboarding processes, maintain employee records and databases, and handle administrative tasks such as preparing employment contracts and updating policies and procedures. HR Business Associates also assist with employee training and development programs, ensuring compliance with company policies and legal requirements. They may be involved in conducting performance evaluations and providing feedback to employees. Additionally, they may assist with employee relations and conflict resolution, and contribute to the development and implementation of HR strategies and initiatives.

Skills: HR, Human Resources, Recruitment, Employee Management, Training and Development, Administrative Support
Job industry: Human resources

How much does Hr Business Associate make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Hr Business Associate a well paid job?

Yes, our data shows that Hr Business Associate 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 Hr Business Associate?

High salary for Hr Business Associate would be somewhere between 15,357,187 ISK and 20,243,565 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Hr Business Associate 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: 13,961,079 ISK
Estimated Monthly Salary: 1,163,423 ISK
Estimated Weekly Salary: 268,482 ISK per week
Estimated Hourly Salary: 6,712 ISK per hour
By working as Hr Business Associate a person can save up to 5,433 USD per month or 65,199 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 Hr Business Associate

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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