Home > Salary > Iceland > Operations Manager Retail
An Operations Manager in retail oversees the daily operations and activities of a retail establishment. They are responsible for ensuring smooth functioning of various departments, managing inventory, optimizing processes, and ensuring customer satisfaction. Their key duties include coordinating with suppliers, managing staff schedules, monitoring sales and profits, implementing strategies to increase efficiency, and resolving customer complaints. They also analyze market trends, develop pricing strategies, and collaborate with marketing teams to enhance sales.
Estimated Yearly Salary: 11,374,876 ISK
Estimated Monthly Salary: 947,906 ISK
Estimated Weekly Salary: 218,748 ISK per week
Estimated Hourly Salary: 5,469 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 912,709 ISK
Estimated Weekly Salary: 210,625 ISK per week
Estimated Hourly Salary: 5,266 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 79,563 USD
Estimated Monthly Salary: 6,630 USD
Estimated Weekly Salary: 1,530 USD per week
Estimated Hourly Salary: 38 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 11,374,876 ISK
Estimated Monthly Salary: 947,906 ISK
Estimated Weekly Salary: 218,748 ISK per week
Estimated Hourly Salary: 5,469 ISK per hour
By working as Operations Manager Retail a person can save up to 3,901 USD per month or 46,817 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.
Estimated Yearly Salary for Operations Manager Retail
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Appliance service technician (5,772,906 ISK per year, pre-tax.)
Analytical chemist (10,952,513 ISK per year, pre-tax.)
Journalist news (7,875,860 ISK per year, pre-tax.)
Traffic analyst (logistics) (11,004,385 ISK per year, pre-tax.)
Coal mine worker longwall-machine operator (11,680,949 ISK per year, pre-tax.)
Operations Manager Retail salary in Iceland
Average Yearly Salary of Operations Manager Retail in Iceland is approximately 11,374,876 ISK (79,563 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 Operations Manager Retail do?
An Operations Manager in retail oversees the daily operations and activities of a retail establishment. They are responsible for ensuring smooth functioning of various departments, managing inventory, optimizing processes, and ensuring customer satisfaction. Their key duties include coordinating with suppliers, managing staff schedules, monitoring sales and profits, implementing strategies to increase efficiency, and resolving customer complaints. They also analyze market trends, develop pricing strategies, and collaborate with marketing teams to enhance sales.
Skills: Operations Manager, Retail, Inventory Management, Process Optimization, Customer Satisfaction, Sales Analysis
Job industry: Retail
Job industry: Retail
How much does Operations Manager Retail make?
Salary details
How much does Operations Manager Retail make?Estimated Yearly Salary: 11,374,876 ISK
Estimated Monthly Salary: 947,906 ISK
Estimated Weekly Salary: 218,748 ISK per week
Estimated Hourly Salary: 5,469 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 10,952,513 ISKEstimated Monthly Salary: 912,709 ISK
Estimated Weekly Salary: 210,625 ISK per week
Estimated Hourly Salary: 5,266 ISK per hour
Last revision of data: 2024-01-03Operations Manager Retail estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 79,563 USD
Estimated Monthly Salary: 6,630 USD
Estimated Weekly Salary: 1,530 USD per week
Estimated Hourly Salary: 38 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Operations Manager Retail job salary compared to average salary in Iceland.
Comparison shows that a person working as Operations Manager Retail in Iceland earns on average:
1.27 times the average salary (or 127% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Operations Manager Retail job salary compared to average salary in Iceland.
Comparison shows that a person working as Operations Manager Retail in Iceland earns on average:
1.27 times the average salary (or 127% of average salary).
Is Operations Manager Retail a well paid job?
Yes, our data shows that Operations Manager Retail 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 Operations Manager Retail?
High salary for Operations Manager Retail would be somewhere between 12,512,364 ISK and 16,493,570 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Operations Manager Retail 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: 11,374,876 ISK
Estimated Monthly Salary: 947,906 ISK
Estimated Weekly Salary: 218,748 ISK per week
Estimated Hourly Salary: 5,469 ISK per hour
By working as Operations Manager Retail a person can save up to 3,901 USD per month or 46,817 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 Operations Manager Retail
Norway is 110,722 USD
United Kingdom is 52,052 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Appliance service technician (5,772,906 ISK per year, pre-tax.)
Analytical chemist (10,952,513 ISK per year, pre-tax.)
Journalist news (7,875,860 ISK per year, pre-tax.)
Traffic analyst (logistics) (11,004,385 ISK per year, pre-tax.)
Coal mine worker longwall-machine operator (11,680,949 ISK per year, pre-tax.)
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