Retail Store Assistant Manager salary in Iceland

Average Yearly Salary of Retail Store Assistant Manager in Iceland is approximately 5,627,482 ISK (39,146 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 Store Assistant Manager do?

A retail store assistant manager is responsible for assisting the store manager in overseeing the day-to-day operations of a retail establishment. They play a crucial role in ensuring the smooth functioning of the store, managing staff, and delivering excellent customer service. Their duties may include supervising employees, training new staff, monitoring inventory levels, scheduling shifts, handling customer complaints, and implementing store policies and procedures. Additionally, they may be involved in visual merchandising, ensuring the store is clean and organized, and analyzing sales data to identify trends and improve performance. A retail store assistant manager must possess strong leadership skills, excellent communication and interpersonal abilities, and a solid understanding of retail operations. They should also have a keen eye for detail, be able to multitask effectively, and have a customer-centric approach.

Skills: Retail management, Customer service, Inventory control, Staff supervision, Store operations, Visual merchandising
Job industry: Retail

How much does Retail Store Assistant 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 Store Assistant Manager a well paid job?

No, our data shows that Retail Store Assistant Manager is typically not a well-paid job. The salary varies based on experience. Meaning that even though Retail Store Assistant Manager might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Retail Store Assistant Manager?

High salary for Retail Store Assistant Manager would be somewhere between 6,190,230 ISK and 8,159,849 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Retail Store Assistant 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: 5,627,482 ISK
Estimated Monthly Salary: 468,957 ISK
Estimated Weekly Salary: 108,221 ISK per week
Estimated Hourly Salary: 2,706 ISK per hour
By working as Retail Store Assistant Manager a person can save up to 533 USD per month or 6,400 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 Store Assistant 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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