Home > Salary > Iceland > Retail Merchandiser
A retail merchandiser is responsible for ensuring that products are displayed and promoted effectively in retail stores to drive sales and enhance the customer experience. They work closely with store managers, buyers, and suppliers to plan and execute merchandising strategies. The main tasks of a retail merchandiser include analyzing sales data, monitoring inventory levels, creating attractive displays, setting up promotional materials, and conducting product training for store staff. They also stay updated on market trends and competitor activities to make informed decisions about pricing, promotions, and stock allocation. Overall, a retail merchandiser plays a crucial role in maximizing sales and profitability for the business.
Estimated Yearly Salary: 4,827,528 ISK
Estimated Monthly Salary: 402,294 ISK
Estimated Weekly Salary: 92,837 ISK per week
Estimated Hourly Salary: 2,321 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 389,890 ISK
Estimated Weekly Salary: 89,975 ISK per week
Estimated Hourly Salary: 2,249 ISK per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 33,871 USD
Estimated Monthly Salary: 2,823 USD
Estimated Weekly Salary: 651 USD per week
Estimated Hourly Salary: 16 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 4,827,528 ISK
Estimated Monthly Salary: 402,294 ISK
Estimated Weekly Salary: 92,837 ISK per week
Estimated Hourly Salary: 2,321 ISK per hour
By working as Retail Merchandiser a person can save up to 94 USD per month or 1,125 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 Retail Merchandiser
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Wellness specialist (7,252,898 ISK per year, pre-tax.)
Faculty member (12,170,807 ISK per year, pre-tax.)
Machine engraver (3,716,726 ISK per year, pre-tax.)
Purchasing officer (6,533,393 ISK per year, pre-tax.)
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Retail Merchandiser salary in Iceland
Average Yearly Salary of Retail Merchandiser in Iceland is approximately 4,827,528 ISK (33,871 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 Retail Merchandiser do?
A retail merchandiser is responsible for ensuring that products are displayed and promoted effectively in retail stores to drive sales and enhance the customer experience. They work closely with store managers, buyers, and suppliers to plan and execute merchandising strategies. The main tasks of a retail merchandiser include analyzing sales data, monitoring inventory levels, creating attractive displays, setting up promotional materials, and conducting product training for store staff. They also stay updated on market trends and competitor activities to make informed decisions about pricing, promotions, and stock allocation. Overall, a retail merchandiser plays a crucial role in maximizing sales and profitability for the business.
Skills: Retail, Merchandising, Sales, Visual Merchandising, Inventory Management, Promotions
Job industry: Retail
Job industry: Retail
How much does Retail Merchandiser make?
Salary details
How much does Retail Merchandiser make?Estimated Yearly Salary: 4,827,528 ISK
Estimated Monthly Salary: 402,294 ISK
Estimated Weekly Salary: 92,837 ISK per week
Estimated Hourly Salary: 2,321 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,678,674 ISKEstimated Monthly Salary: 389,890 ISK
Estimated Weekly Salary: 89,975 ISK per week
Estimated Hourly Salary: 2,249 ISK per hour
Last revision of data: 2024-01-05Retail Merchandiser estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 33,871 USD
Estimated Monthly Salary: 2,823 USD
Estimated Weekly Salary: 651 USD per week
Estimated Hourly Salary: 16 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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 Retail Merchandiser job salary compared to average salary in Iceland.
Comparison shows that a person working as Retail Merchandiser in Iceland earns on average:
0.54 times the average salary (or 54% 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 Retail Merchandiser job salary compared to average salary in Iceland.
Comparison shows that a person working as Retail Merchandiser in Iceland earns on average:
0.54 times the average salary (or 54% of average salary).
Is Retail Merchandiser a well paid job?
No, our data shows that Retail Merchandiser is typically not a well-paid job. The salary varies based on experience. Meaning that even though Retail Merchandiser might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Retail Merchandiser?
High salary for Retail Merchandiser would be somewhere between 5,310,281 ISK and 6,999,916 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Retail Merchandiser 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: 4,827,528 ISK
Estimated Monthly Salary: 402,294 ISK
Estimated Weekly Salary: 92,837 ISK per week
Estimated Hourly Salary: 2,321 ISK per hour
By working as Retail Merchandiser a person can save up to 94 USD per month or 1,125 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 Retail Merchandiser
Norway is 47,409 USD
United Kingdom is 22,267 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:
Wellness specialist (7,252,898 ISK per year, pre-tax.)
Faculty member (12,170,807 ISK per year, pre-tax.)
Machine engraver (3,716,726 ISK per year, pre-tax.)
Purchasing officer (6,533,393 ISK per year, pre-tax.)
Campus security officer (4,586,702 ISK per year, pre-tax.)
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All salary data on optisalary.com are for informational use only. We gather data from various reliable databases, yet cannot ensure complete precision. Before making career decisions, users should consult external verified sources. Salaries change due to various factors, including economic conditions, job market trends, and geographic location. We disclaim any liability for errors in the salary information provided here. Your use with optisalary.com indicates agreement of this disclaimer.