Medical Director Internal Medicine salary in Iceland

Average Yearly Salary of Medical Director Internal Medicine in Iceland is approximately 43,370,871 ISK (303,898 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 Medical Director Internal Medicine do?

A Medical Director in Internal Medicine is a highly skilled and experienced physician who oversees the medical operations within a healthcare organization or hospital department. They are responsible for providing leadership, guidance, and supervision to the team of physicians and other healthcare professionals. Their primary role involves developing and implementing clinical policies and protocols, ensuring compliance with regulatory standards, and optimizing patient care delivery. They collaborate with other departments to improve quality of care, patient safety, and operational efficiency. Medical Directors also play a vital role in recruiting, training, and evaluating physicians, as well as fostering a culture of continuous learning and professional development.

Skills: Medical Director, Internal Medicine, Healthcare Leadership, Clinical Policies, Patient Care, Physician Supervision
Job industry: Healthcare

How much does Medical Director Internal Medicine make?

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


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Salary comparison to National average

Is Medical Director Internal Medicine a well paid job?

Yes, our data show that Medical Director Internal Medicine 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 Medical Director Internal Medicine?

High salary for Medical Director Internal Medicine would be somewhere between 47,707,958 ISK and 62,887,763 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Director Internal Medicine 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: 43,370,871 ISK
Estimated Monthly Salary: 3,614,239 ISK
Estimated Weekly Salary: 834,055 ISK per week
Estimated Hourly Salary: 20,851 ISK per hour
By working as Medical Director Internal Medicine a person can save up to 22,596 USD per month or 271,152 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 Medical Director Internal Medicine

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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