Manager Sales Incentive Compensation salary in Iceland

Average Yearly Salary of Manager Sales Incentive Compensation in Iceland is approximately 21,887,730 ISK (152,815 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 Manager Sales Incentive Compensation do?

A Manager of Sales Incentive Compensation is responsible for designing, implementing, and managing incentive programs to motivate sales teams and drive performance. They collaborate with cross-functional teams, including sales, finance, and HR, to establish compensation plans that align with company goals and objectives. This role involves analyzing sales data, market trends, and industry benchmarks to develop effective incentive structures that reward high-performing individuals and teams. Managers of Sales Incentive Compensation also monitor program effectiveness, provide regular reports and insights to management, and make recommendations for improvements or adjustments as needed. Strong analytical skills, attention to detail, and a deep understanding of sales performance metrics are essential for success in this role.

Skills: Sales compensation, Incentive programs, Performance management, Sales analytics, Sales operations, Compensation strategy
Job industry: Sales

How much does Manager Sales Incentive Compensation make?

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


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Salary comparison to National average

Is Manager Sales Incentive Compensation a well paid job?

Yes, our data show that Manager Sales Incentive Compensation is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Manager Sales Incentive Compensation?

High salary for Manager Sales Incentive Compensation would be somewhere between 24,076,503 ISK and 31,737,209 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Manager Sales Incentive Compensation 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: 21,887,730 ISK
Estimated Monthly Salary: 1,823,978 ISK
Estimated Weekly Salary: 420,918 ISK per week
Estimated Hourly Salary: 10,523 ISK per hour
By working as Manager Sales Incentive Compensation a person can save up to 10,006 USD per month or 120,069 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 Manager Sales Incentive Compensation

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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