Merchandise Coordinator salary in Iceland

Average Yearly Salary of Merchandise Coordinator in Iceland is approximately 5,190,017 ISK (36,092 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 Merchandise Coordinator do?

A merchandise coordinator is responsible for overseeing the planning, coordination, and execution of merchandise displays and promotions within a retail or wholesale environment. They work closely with buyers, suppliers, and marketing teams to ensure that products are effectively showcased and marketed to maximize sales and customer satisfaction. Their duties include monitoring inventory levels, analyzing sales data, and identifying trends to make informed decisions about product placement and assortment. They also collaborate with visual merchandisers to create visually appealing displays that attract customers and drive sales. Additionally, merchandise coordinators may be involved in conducting market research, attending trade shows, and negotiating with vendors to secure favorable terms and pricing. Overall, this role requires excellent organizational skills, attention to detail, and a strong understanding of consumer behavior and market trends.

Skills: merchandise coordination, retail operations, inventory management, marketing strategy, visual merchandising, sales analysis
Job industry: Retail

How much does Merchandise Coordinator make?

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


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Salary comparison to National average

Is Merchandise Coordinator a well paid job?

No, our data shows that Merchandise Coordinator is typically not a well-paid job. The salary varies based on experience. Meaning that even though Merchandise Coordinator might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Merchandise Coordinator?

High salary for Merchandise Coordinator would be somewhere between 5,709,019 ISK and 7,525,525 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Merchandise Coordinator 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: 5,190,017 ISK
Estimated Monthly Salary: 432,501 ISK
Estimated Weekly Salary: 99,808 ISK per week
Estimated Hourly Salary: 2,495 ISK per hour
By working as Merchandise Coordinator a person can save up to 279 USD per month or 3,346 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 Merchandise Coordinator

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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