Retail Pharmacy Manager salary in Iceland

Average Yearly Salary of Retail Pharmacy Manager in Iceland is approximately 18,072,175 ISK (126,609 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 Pharmacy Manager do?

A retail pharmacy manager is responsible for overseeing the daily operations of a pharmacy within a retail setting. They ensure that the pharmacy is efficiently run, adheres to all legal and ethical standards, and provides high-quality patient care. Their duties include managing inventory, supervising staff, handling customer inquiries and complaints, ensuring compliance with regulations, and collaborating with healthcare professionals. Key responsibilities of a retail pharmacy manager include maintaining accurate records, monitoring medication dispensing, implementing quality assurance programs, developing and implementing policies and procedures, and staying updated on pharmaceutical developments and best practices. They must also have excellent communication and leadership skills to effectively manage a team of pharmacists and pharmacy technicians.

Skills: Retail pharmacy manager, Pharmacy operations, Patient care, Inventory management, Staff supervision, Compliance with regulations.
Job industry: Healthcare

How much does Retail Pharmacy 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 Retail Pharmacy Manager a well paid job?

Yes, our data show that Retail Pharmacy Manager 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 Retail Pharmacy Manager?

High salary for Retail Pharmacy Manager would be somewhere between 19,879,393 ISK and 26,204,654 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Retail Pharmacy 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: 18,072,175 ISK
Estimated Monthly Salary: 1,506,015 ISK
Estimated Weekly Salary: 347,542 ISK per week
Estimated Hourly Salary: 8,689 ISK per hour
By working as Retail Pharmacy Manager a person can save up to 7,822 USD per month or 93,863 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 Pharmacy 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.

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Data as of 2025

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