Home > Salary > Iceland > Relationship Manager
A relationship manager is a professional who is responsible for building and maintaining relationships with clients or customers. They work in various industries, such as banking, finance, sales, or customer service. The main objective of a relationship manager is to understand the needs and requirements of clients and provide them with appropriate solutions or services. They act as a point of contact and are responsible for managing client portfolios, resolving any issues or concerns, and ensuring customer satisfaction. Relationship managers also identify opportunities to upsell or cross-sell products or services to existing clients.
Estimated Yearly Salary: 12,911,396 ISK
Estimated Monthly Salary: 1,075,950 ISK
Estimated Weekly Salary: 248,296 ISK per week
Estimated Hourly Salary: 6,207 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,036,762 ISK
Estimated Weekly Salary: 239,253 ISK per week
Estimated Hourly Salary: 5,981 ISK per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 89,965 USD
Estimated Monthly Salary: 7,497 USD
Estimated Weekly Salary: 1,730 USD per week
Estimated Hourly Salary: 43 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: 12,911,396 ISK
Estimated Monthly Salary: 1,075,950 ISK
Estimated Weekly Salary: 248,296 ISK per week
Estimated Hourly Salary: 6,207 ISK per hour
By working as Relationship Manager a person can save up to 4,768 USD per month or 57,219 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 Relationship Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Vendor operations manager (13,185,458 ISK per year, pre-tax.)
Senior analyst investment banking (13,610,883 ISK per year, pre-tax.)
Architect (15,843,828 ISK per year, pre-tax.)
Traffic analyst (logistics) (8,949,782 ISK per year, pre-tax.)
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Relationship Manager salary in Iceland
Average Yearly Salary of Relationship Manager in Iceland is approximately 12,911,396 ISK (89,965 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 Relationship Manager do?
A relationship manager is a professional who is responsible for building and maintaining relationships with clients or customers. They work in various industries, such as banking, finance, sales, or customer service. The main objective of a relationship manager is to understand the needs and requirements of clients and provide them with appropriate solutions or services. They act as a point of contact and are responsible for managing client portfolios, resolving any issues or concerns, and ensuring customer satisfaction. Relationship managers also identify opportunities to upsell or cross-sell products or services to existing clients.
Skills: Relationship Management, Customer Service, Sales, Client Relations, Account Management, Communication Skills
Job industry: Banking
Job industry: Banking
How much does Relationship Manager make?
Salary details
How much does Relationship Manager make?Estimated Yearly Salary: 12,911,396 ISK
Estimated Monthly Salary: 1,075,950 ISK
Estimated Weekly Salary: 248,296 ISK per week
Estimated Hourly Salary: 6,207 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 12,441,143 ISKEstimated Monthly Salary: 1,036,762 ISK
Estimated Weekly Salary: 239,253 ISK per week
Estimated Hourly Salary: 5,981 ISK per hour
Last revision of data: 2024-01-07Relationship Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 89,965 USD
Estimated Monthly Salary: 7,497 USD
Estimated Weekly Salary: 1,730 USD per week
Estimated Hourly Salary: 43 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 Relationship Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Relationship Manager in Iceland earns on average:
1.44 times the average salary (or 144% 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 Relationship Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Relationship Manager in Iceland earns on average:
1.44 times the average salary (or 144% of average salary).
Is Relationship Manager a well paid job?
Yes, our data shows that Relationship 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 Relationship Manager?
High salary for Relationship Manager would be somewhere between 14,202,536 ISK and 18,721,524 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Relationship 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: 12,911,396 ISK
Estimated Monthly Salary: 1,075,950 ISK
Estimated Weekly Salary: 248,296 ISK per week
Estimated Hourly Salary: 6,207 ISK per hour
By working as Relationship Manager a person can save up to 4,768 USD per month or 57,219 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 Relationship Manager
Norway is 125,718 USD
United Kingdom is 59,131 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:
Vendor operations manager (13,185,458 ISK per year, pre-tax.)
Senior analyst investment banking (13,610,883 ISK per year, pre-tax.)
Architect (15,843,828 ISK per year, pre-tax.)
Traffic analyst (logistics) (8,949,782 ISK per year, pre-tax.)
Clinical research specialist (8,619,773 ISK per year, pre-tax.)
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