Hr Business Partner Iii salary in Iceland

Average Yearly Salary of Hr Business Partner Iii in Iceland is approximately 15,401,086 ISK (107,642 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 Partner Iii do?

The occupation of an HR Business Partner III involves serving as a strategic partner to the organization's leadership team and providing guidance on all aspects of human resources. They are responsible for developing and implementing HR strategies, policies, and programs that align with the company's goals and objectives. This role requires a deep understanding of HR best practices, employment laws, and industry trends. HR Business Partners III also collaborate with managers to identify staffing needs, develop talent acquisition strategies, and ensure that the organization has the right people in the right roles. Additionally, they oversee employee relations, performance management, compensation and benefits, and employee development initiatives. This position requires strong communication and interpersonal skills, as well as the ability to analyze data and make informed decisions.

Skills: HR Business Partner, Strategic Partner, Human Resources, Talent Acquisition, Employee Relations, Performance Management
Job industry: Human resources

How much does Hr Business Partner Iii 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 Partner Iii a well paid job?

Yes, our data shows that Hr Business Partner Iii 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 Partner Iii?

High salary for Hr Business Partner Iii would be somewhere between 16,941,195 ISK and 22,331,575 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Hr Business Partner Iii 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: 15,401,086 ISK
Estimated Monthly Salary: 1,283,424 ISK
Estimated Weekly Salary: 296,175 ISK per week
Estimated Hourly Salary: 7,404 ISK per hour
By working as Hr Business Partner Iii a person can save up to 6,241 USD per month or 74,896 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 Partner Iii

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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