Manager Trainee salary in Iceland

Average Yearly Salary of Manager Trainee in Iceland is approximately 8,935,426 ISK (62,281 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 Trainee do?

A manager trainee is an entry-level position within a company that provides individuals with the opportunity to gain practical experience and knowledge in various aspects of management. The role involves working closely with experienced managers and supervisors to learn about different departments, processes, and strategies involved in running the business effectively. Manager trainees typically rotate through different departments, such as sales, marketing, operations, finance, and human resources, to develop a well-rounded understanding of the organization. They may be assigned specific tasks and projects to complete, as well as shadowing and assisting more experienced managers in their day-to-day activities. The goal of the manager trainee program is to prepare individuals for future managerial roles within the company.

Skills: manager trainee, entry-level, management development, rotational program, hands-on learning, leadership skills
Job industry: Retail

How much does Manager Trainee make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Manager Trainee a well paid job?

Yes, our data show that Manager Trainee is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Manager Trainee?

High salary for Manager Trainee would be somewhere between 9,828,969 ISK and 12,956,368 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Manager Trainee 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: 8,935,426 ISK
Estimated Monthly Salary: 744,619 ISK
Estimated Weekly Salary: 171,835 ISK per week
Estimated Hourly Salary: 4,296 ISK per hour
By working as Manager Trainee a person can save up to 2,461 USD per month or 29,535 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 Trainee

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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