Restaurant Manager salary in Iceland

Average Yearly Salary of Restaurant Manager in Iceland is approximately 9,318,964 ISK (65,536 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 Manager do?

A restaurant manager is responsible for overseeing the daily operations of a restaurant, ensuring smooth functioning and customer satisfaction. They manage staff, including hiring, training, and scheduling, to maintain high-quality service standards. Restaurant managers also handle inventory management, ordering supplies, and monitoring food quality. They collaborate with the chef to develop menus and ensure proper food preparation and presentation. Additionally, they handle customer complaints and resolve issues promptly to maintain a positive dining experience. Restaurant managers also monitor financial aspects, such as budgeting, cost control, and revenue generation. They enforce health and safety regulations, maintain cleanliness standards, and ensure compliance with licensing requirements.

Skills: 1. Restaurant management 2. Customer service 3. Staff supervision 4. Inventory management 5. Menu development 6. Financial analysis
Job industry: Hospitality

How much does Restaurant Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Restaurant Manager a well paid job?

Yes, our data show that Restaurant 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 Manager?

High salary for Restaurant Manager would be somewhere between 10,250,860 ISK and 13,512,498 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Restaurant 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: 9,318,964 ISK
Estimated Monthly Salary: 776,580 ISK
Estimated Weekly Salary: 179,211 ISK per week
Estimated Hourly Salary: 4,480 ISK per hour
By working as Restaurant Manager a person can save up to 2,733 USD per month or 32,790 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 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

Random salary:
First-line supervisor manager of office and administrative support workers (7,512,626 ISK per year, pre-tax.)
Radiologic technologist mammogram (10,113,306 ISK per year, pre-tax.)
Director of business continuity (20,309,861 ISK per year, pre-tax.)
Automation engineering technologist (8,144,275 ISK per year, pre-tax.)
Sr. chemist (12,708,638 ISK per year, pre-tax.)

Feedback about these results