Home > Salary > Iceland > Purchasing Director
A Purchasing Director is responsible for overseeing and managing the company's procurement activities. Their primary role is to ensure the efficient and cost-effective acquisition of goods and services required for the organization's operations. They develop and implement purchasing strategies, negotiate contracts with suppliers, and monitor supplier performance. The Purchasing Director also collaborates with other departments to understand their needs and ensures that the procurement process aligns with the company's goals and objectives. They analyze market trends, evaluate potential suppliers, and maintain relationships with existing suppliers. Additionally, they manage a team of purchasing professionals, providing guidance and support to ensure the smooth functioning of the department.
Estimated Yearly Salary: 17,977,163 ISK
Estimated Monthly Salary: 1,498,097 ISK
Estimated Weekly Salary: 345,715 ISK per week
Estimated Hourly Salary: 8,643 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,444,372 ISK
Estimated Weekly Salary: 333,317 ISK per week
Estimated Hourly Salary: 8,333 ISK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 125,006 USD
Estimated Monthly Salary: 10,417 USD
Estimated Weekly Salary: 2,404 USD per week
Estimated Hourly Salary: 60 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: 17,977,163 ISK
Estimated Monthly Salary: 1,498,097 ISK
Estimated Weekly Salary: 345,715 ISK per week
Estimated Hourly Salary: 8,643 ISK per hour
By working as Purchasing Director a person can save up to 7,688 USD per month or 92,260 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 Purchasing Director
Last revision of data: 2025-01-04
Data as of 2025
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Purchasing Director salary in Iceland
Average Yearly Salary of Purchasing Director in Iceland is approximately 17,977,163 ISK (125,006 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 Purchasing Director do?
A Purchasing Director is responsible for overseeing and managing the company's procurement activities. Their primary role is to ensure the efficient and cost-effective acquisition of goods and services required for the organization's operations. They develop and implement purchasing strategies, negotiate contracts with suppliers, and monitor supplier performance. The Purchasing Director also collaborates with other departments to understand their needs and ensures that the procurement process aligns with the company's goals and objectives. They analyze market trends, evaluate potential suppliers, and maintain relationships with existing suppliers. Additionally, they manage a team of purchasing professionals, providing guidance and support to ensure the smooth functioning of the department.
Skills: Purchasing, Procurement, Supply Chain Management, Negotiation, Strategic Sourcing, Supplier Relationship Management
Job industry: Procurement
Job industry: Procurement
How much does Purchasing Director make?
Salary details
How much does Purchasing Director make?Estimated Yearly Salary: 17,977,163 ISK
Estimated Monthly Salary: 1,498,097 ISK
Estimated Weekly Salary: 345,715 ISK per week
Estimated Hourly Salary: 8,643 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 17,332,458 ISKEstimated Monthly Salary: 1,444,372 ISK
Estimated Weekly Salary: 333,317 ISK per week
Estimated Hourly Salary: 8,333 ISK per hour
Last revision of data: 2024-01-08Purchasing Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 125,006 USD
Estimated Monthly Salary: 10,417 USD
Estimated Weekly Salary: 2,404 USD per week
Estimated Hourly Salary: 60 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 Purchasing Director job salary compared to average salary in Iceland.
Comparison shows that a person working as Purchasing Director in Iceland earns on average:
2.01 times the average salary (or 201% 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 Purchasing Director job salary compared to average salary in Iceland.
Comparison shows that a person working as Purchasing Director in Iceland earns on average:
2.01 times the average salary (or 201% of average salary).
Is Purchasing Director a well paid job?
Yes, our data show that Purchasing Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Purchasing Director?
High salary for Purchasing Director would be somewhere between 19,774,879 ISK and 26,066,886 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Purchasing Director 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: 17,977,163 ISK
Estimated Monthly Salary: 1,498,097 ISK
Estimated Weekly Salary: 345,715 ISK per week
Estimated Hourly Salary: 8,643 ISK per hour
By working as Purchasing Director a person can save up to 7,688 USD per month or 92,260 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 Purchasing Director
Norway is 176,173 USD
United Kingdom is 82,469 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:
Graphic artist (6,828,008 ISK per year, pre-tax.)
Wholesale title clerk autotruck (5,848,414 ISK per year, pre-tax.)
Principal investigator (unspecified type) (10,675,837 ISK per year, pre-tax.)
Electronic data interchange (edi), manager (16,247,021 ISK per year, pre-tax.)
Religious education director (6,175,376 ISK per year, pre-tax.)
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Please note:This website presents salary data for informational use only.
This website compiles salary information for reference use only. While we strive to deliver correct estimates, we cannot ensure their full reliability. Users are strongly encouraged to check with additional sources before making financial plans. Salary amounts vary based on multiple conditions, such as location, job role, and individual qualifications. We make no claims as to the validity of the listed data. Your access of this site indicates acceptance of this notice.
This website compiles salary data for reference purposes only. While we endeavor to deliver accurate figures, we do not ensure their absolute reliability. Users are highly encouraged to check with other databases before making financial decisions. Salary amounts fluctuate based on multiple factors, such as location, job role, and individual qualifications. We make no guarantees as to the correctness of the provided information. Your access of this site acknowledges agreement of this notice.