Restaurant And Bar Manager salary in Iceland

Average Yearly Salary of Restaurant And Bar Manager in Iceland is approximately 9,152,041 ISK (63,674 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 Restaurant And Bar Manager do?

A restaurant and bar manager is responsible for overseeing the daily operations of a food and beverage establishment. Their main duties include managing staff, ensuring customer satisfaction, maintaining quality standards, and maximizing profitability. They coordinate with chefs, bartenders, and waitstaff to ensure smooth service and efficient operations. Additionally, they handle inventory management, budgeting, and financial reporting. The restaurant and bar manager must have strong leadership and communication skills to effectively manage a team and provide exceptional customer service. They should have a thorough understanding of food and beverage industry trends, as well as knowledge of health and safety regulations. Attention to detail, problem-solving abilities, and the ability to work in a fast-paced environment are also essential.

Skills: Restaurant Manager, Bar Manager, Food and Beverage, Customer Service, Leadership, Operations Management
Job industry: Hospitality

How much does Restaurant And Bar 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 Restaurant And Bar Manager a well paid job?

Yes, our data show that Restaurant And Bar 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 Restaurant And Bar Manager?

High salary for Restaurant And Bar Manager would be somewhere between 10,067,245 ISK and 13,270,459 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Restaurant And Bar 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: 9,152,041 ISK
Estimated Monthly Salary: 762,670 ISK
Estimated Weekly Salary: 176,001 ISK per week
Estimated Hourly Salary: 4,400 ISK per hour
By working as Restaurant And Bar Manager a person can save up to 2,577 USD per month or 30,928 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 Restaurant And Bar 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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