Home > Salary > Iceland > Owner
The owner is responsible for overseeing and managing all aspects of a business or organization. They are typically involved in strategic planning, decision-making, financial management, and ensuring the overall success and growth of the company. The owner sets goals, establishes policies and procedures, hires and manages employees, and may also be involved in marketing and sales efforts. They have a deep understanding of the industry and market trends, and are constantly seeking opportunities for improvement and expansion. The owner must possess strong leadership and communication skills, as well as the ability to make tough decisions and take calculated risks.
Estimated Yearly Salary: 12,591,921 ISK
Estimated Monthly Salary: 1,049,327 ISK
Estimated Weekly Salary: 242,152 ISK per week
Estimated Hourly Salary: 6,054 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,010,176 ISK
Estimated Weekly Salary: 233,118 ISK per week
Estimated Hourly Salary: 5,828 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 87,854 USD
Estimated Monthly Salary: 7,321 USD
Estimated Weekly Salary: 1,690 USD per week
Estimated Hourly Salary: 42 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: 12,591,921 ISK
Estimated Monthly Salary: 1,049,327 ISK
Estimated Weekly Salary: 242,152 ISK per week
Estimated Hourly Salary: 6,054 ISK per hour
By working as Owner a person can save up to 4,592 USD per month or 55,108 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 Owner
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Gastroenterologist (66,459,107 ISK per year, pre-tax.)
Media relations manager (13,118,444 ISK per year, pre-tax.)
Safety manager construction (16,013,715 ISK per year, pre-tax.)
Registered dietetic technician (4,902,930 ISK per year, pre-tax.)
Director marketing and communications (16,882,638 ISK per year, pre-tax.)
Owner salary in Iceland
Average Yearly Salary of Owner in Iceland is approximately 12,591,921 ISK (87,854 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 Owner do?
The owner is responsible for overseeing and managing all aspects of a business or organization. They are typically involved in strategic planning, decision-making, financial management, and ensuring the overall success and growth of the company. The owner sets goals, establishes policies and procedures, hires and manages employees, and may also be involved in marketing and sales efforts. They have a deep understanding of the industry and market trends, and are constantly seeking opportunities for improvement and expansion. The owner must possess strong leadership and communication skills, as well as the ability to make tough decisions and take calculated risks.
Skills: Owner, Business Management, Strategic Planning, Financial Management, Leadership, Decision-making
Job industry: Business services
Job industry: Business services
How much does Owner make?
Salary details
How much does Owner make?Estimated Yearly Salary: 12,591,921 ISK
Estimated Monthly Salary: 1,049,327 ISK
Estimated Weekly Salary: 242,152 ISK per week
Estimated Hourly Salary: 6,054 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 12,122,110 ISKEstimated Monthly Salary: 1,010,176 ISK
Estimated Weekly Salary: 233,118 ISK per week
Estimated Hourly Salary: 5,828 ISK per hour
Last revision of data: 2024-01-03Owner estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 87,854 USD
Estimated Monthly Salary: 7,321 USD
Estimated Weekly Salary: 1,690 USD per week
Estimated Hourly Salary: 42 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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Owner job salary compared to average salary in Iceland.
Comparison shows that a person working as Owner in Iceland earns on average:
1.41 times the average salary (or 141% 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 Owner job salary compared to average salary in Iceland.
Comparison shows that a person working as Owner in Iceland earns on average:
1.41 times the average salary (or 141% of average salary).
Is Owner a well paid job?
Yes, our data shows that Owner 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 Owner?
High salary for Owner would be somewhere between 13,851,113 ISK and 18,258,285 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Owner 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: 12,591,921 ISK
Estimated Monthly Salary: 1,049,327 ISK
Estimated Weekly Salary: 242,152 ISK per week
Estimated Hourly Salary: 6,054 ISK per hour
By working as Owner a person can save up to 4,592 USD per month or 55,108 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 Owner
Norway is 123,247 USD
United Kingdom is 57,765 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:
Gastroenterologist (66,459,107 ISK per year, pre-tax.)
Media relations manager (13,118,444 ISK per year, pre-tax.)
Safety manager construction (16,013,715 ISK per year, pre-tax.)
Registered dietetic technician (4,902,930 ISK per year, pre-tax.)
Director marketing and communications (16,882,638 ISK per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=iceland&job=owner'><img src='https://optisalary.com/wp-content/graphs/salary/owner-salary-in-iceland-2025.jpg' alt='owner salary in iceland 2025' title='owner salary in iceland 2025' /></a>
Please note:Salary information displayed on this site is for reference only.
optisalary.com offers salary insights for educational purposes exclusively. While we collect data from multiple providers, we cannot ensure full accuracy. Users are advised to consult trusted platforms before making any career decisions. Salaries shift due to various factors, such as market demand, employer policies, and geographic location. We make no warranty regarding the correctness of the displayed salary figures. Your continued access of this site confirms your acceptance of these terms.
This website aggregates salary data for reference purposes exclusively. We attempt to provide accurate figures, but do not assure their validity. Users are urged to consult official platforms before making financial choices. Salary amounts can vary due to geographic location, experience, and industry trends. We accept no responsibility for inconsistencies in the salary data provided. Your continued use with this site indicates understanding of this disclaimer.