Merchandising Assistant salary in Iceland

Average Yearly Salary of Merchandising Assistant in Iceland is approximately 6,391,633 ISK (44,546 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 Merchandising Assistant do?

A merchandising assistant is responsible for supporting the merchandising team in various tasks related to product planning, inventory management, and sales analysis. They work closely with buyers, suppliers, and other team members to ensure that products are delivered on time and meet the company's quality standards. Their main responsibilities include assisting in the development of merchandising strategies, conducting market research, analyzing sales data, monitoring inventory levels, coordinating with suppliers, and preparing reports. They also contribute to the creation of visual displays and promotional materials to enhance product visibility and drive sales.

Skills: merchandising assistant, product planning, inventory management, sales analysis, market research, supplier coordination
Job industry: Retail

How much does Merchandising Assistant make?

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


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Salary comparison to National average

Is Merchandising Assistant a well paid job?

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

What is considered a high salary for Merchandising Assistant?

High salary for Merchandising Assistant would be somewhere between 7,030,796 ISK and 9,267,868 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Merchandising Assistant 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: 6,391,633 ISK
Estimated Monthly Salary: 532,636 ISK
Estimated Weekly Salary: 122,916 ISK per week
Estimated Hourly Salary: 3,073 ISK per hour
By working as Merchandising Assistant a person can save up to 983 USD per month or 11,800 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 Merchandising Assistant

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

Random salary:
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