Manufacturing Manager salary in Iceland

Average Yearly Salary of Manufacturing Manager in Iceland is approximately 17,289,829 ISK (120,471 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 Manufacturing Manager do?

A manufacturing manager is responsible for overseeing the production process within a manufacturing facility. They coordinate and manage the activities of workers engaged in the production of goods, ensuring that products are manufactured efficiently, on time, and within budget. Manufacturing managers develop and implement production plans, monitor production schedules, and make adjustments as necessary to meet customer demands. They collaborate with other departments, such as procurement and quality control, to ensure smooth operations and adherence to quality standards. Additionally, manufacturing managers analyze production data, identify areas for improvement, and implement strategies to optimize productivity and reduce costs. They also manage and train staff, ensuring a safe work environment and promoting employee development.

Skills: Manufacturing, Manager, Production, Efficiency, Quality Control, Cost Optimization
Job industry: Manufacturing

How much does Manufacturing Manager make?

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


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Salary comparison to National average

Is Manufacturing Manager a well paid job?

Yes, our data shows that Manufacturing 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 Manufacturing Manager?

High salary for Manufacturing Manager would be somewhere between 19,018,812 ISK and 25,070,252 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Manufacturing 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: 17,289,829 ISK
Estimated Monthly Salary: 1,440,819 ISK
Estimated Weekly Salary: 332,497 ISK per week
Estimated Hourly Salary: 8,312 ISK per hour
By working as Manufacturing Manager a person can save up to 7,310 USD per month or 87,725 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 Manufacturing 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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