Outlet Manager salary in Iceland

Average Yearly Salary of Outlet Manager in Iceland is approximately 10,576,542 ISK (73,750 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 Outlet Manager do?

An outlet manager is responsible for overseeing the daily operations of a retail outlet or store. Their main role is to ensure that the outlet runs smoothly and efficiently, meeting sales targets and providing excellent customer service. They are in charge of managing staff, including hiring, training, and scheduling. Outlet managers also monitor inventory levels, order new stock, and ensure that the outlet is well-stocked at all times. They analyze sales data and trends to make informed decisions about pricing, promotions, and product placement. Additionally, outlet managers handle customer complaints and resolve any issues that may arise. This occupation requires strong leadership and organizational skills, as well as excellent communication and problem-solving abilities.

Skills: Outlet manager, Retail management, Customer service, Inventory management, Sales analysis, Staff supervision
Job industry: Hospitality

How much does Outlet 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 Outlet Manager a well paid job?

Yes, our data show that Outlet Manager is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Outlet Manager?

High salary for Outlet Manager would be somewhere between 11,634,196 ISK and 15,335,986 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Outlet 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: 10,576,542 ISK
Estimated Monthly Salary: 881,379 ISK
Estimated Weekly Salary: 203,395 ISK per week
Estimated Hourly Salary: 5,085 ISK per hour
By working as Outlet Manager a person can save up to 3,417 USD per month or 41,004 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 Outlet 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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