Revenue Manager salary in Iceland

Average Yearly Salary of Revenue Manager in Iceland is approximately 13,928,900 ISK (97,835 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 Revenue Manager do?

A revenue manager is responsible for maximizing a company's revenue by strategically managing pricing, inventory, and distribution channels. They analyze market trends, competitor pricing, and customer behavior to develop pricing strategies that optimize revenue and profitability. Revenue managers collaborate with various departments such as sales, marketing, and finance to ensure alignment of revenue goals and strategies. Key responsibilities of a revenue manager include forecasting demand, setting pricing structures, monitoring inventory levels, conducting revenue analysis, and implementing revenue management systems. They also evaluate the effectiveness of pricing strategies and make adjustments as needed. Strong analytical skills, data-driven decision-making, and a deep understanding of market dynamics are essential for this role.

Skills: revenue manager, pricing strategy, revenue optimization, demand forecasting, inventory management, data analysis
Job industry: Hospitality

How much does Revenue Manager make?

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


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Salary comparison to National average

Is Revenue Manager a well paid job?

Yes, our data shows that Revenue Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Revenue Manager?

High salary for Revenue Manager would be somewhere between 15,321,790 ISK and 20,196,905 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Revenue 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: 13,928,900 ISK
Estimated Monthly Salary: 1,160,742 ISK
Estimated Weekly Salary: 267,863 ISK per week
Estimated Hourly Salary: 6,697 ISK per hour
By working as Revenue Manager a person can save up to 5,424 USD per month or 65,089 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 Revenue 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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