Merchandise Supervisor salary in Iceland

Average Yearly Salary of Merchandise Supervisor in Iceland is approximately 6,367,116 ISK (44,479 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 Supervisor do?

A merchandise supervisor is responsible for overseeing the inventory and presentation of merchandise in a retail setting. They play a crucial role in ensuring that products are displayed effectively, organized efficiently, and readily available to customers. Their primary responsibilities include managing stock levels, coordinating with vendors and suppliers, implementing pricing strategies, monitoring sales trends, and analyzing data to make informed decisions about product assortments. The merchandise supervisor also plays a key role in training and supervising a team of employees, delegating tasks, and ensuring that all merchandising standards are met. They must have excellent organizational and communication skills, as well as a keen eye for detail and a strong understanding of customer preferences and market trends. This role requires a combination of analytical thinking, creativity, and leadership abilities.

Skills: merchandise supervisor, inventory management, visual merchandising, retail operations, sales analysis, team management
Job industry: Retail

How much does Merchandise Supervisor make?

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


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Salary comparison to National average

Is Merchandise Supervisor a well paid job?

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

What is considered a high salary for Merchandise Supervisor?

High salary for Merchandise Supervisor would be somewhere between 7,003,828 ISK and 9,232,318 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Merchandise Supervisor 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: 6,367,116 ISK
Estimated Monthly Salary: 530,593 ISK
Estimated Weekly Salary: 122,445 ISK per week
Estimated Hourly Salary: 3,061 ISK per hour
By working as Merchandise Supervisor a person can save up to 978 USD per month or 11,733 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 Supervisor

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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