Music Business Manager salary in Iceland

Average Yearly Salary of Music Business Manager in Iceland is approximately 13,567,027 ISK (94,606 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 Music Business Manager do?

A music business manager is responsible for overseeing the various aspects of an artist's career in the music industry. They handle the financial, legal, and administrative tasks required to ensure the success of the artist's career. This includes negotiating contracts, managing finances, coordinating tours and promotions, and liaising with record labels, agents, and other industry professionals. They also provide guidance and advice to the artist on career decisions and help them navigate the complex music industry landscape. A music business manager must have a strong understanding of the industry and its trends, excellent organizational and communication skills, and the ability to multitask effectively. They play a crucial role in shaping an artist's career and ensuring their long-term success.

Skills: Music industry, Artist management, Contract negotiation, Financial management, Tour coordination, Industry liaison
Job industry: Entertainment

How much does Music Business 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 Music Business Manager a well paid job?

Yes, our data shows that Music Business 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 Music Business Manager?

High salary for Music Business Manager would be somewhere between 14,923,730 ISK and 19,672,189 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Music Business 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: 13,567,027 ISK
Estimated Monthly Salary: 1,130,586 ISK
Estimated Weekly Salary: 260,904 ISK per week
Estimated Hourly Salary: 6,523 ISK per hour
By working as Music Business Manager a person can save up to 5,155 USD per month or 61,860 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 Music Business 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.

Top 10 highest salaries in Iceland

Data as of 2025

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