Sales Representative Pharmaceutical Equipment salary in Iceland

Average Yearly Salary of Sales Representative Pharmaceutical Equipment in Iceland is approximately 12,565,223 ISK (87,478 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 Sales Representative Pharmaceutical Equipment do?

A sales representative for pharmaceutical equipment is responsible for promoting and selling specialized equipment used in the pharmaceutical industry. This occupation involves identifying potential customers, building relationships with key decision-makers, and demonstrating the benefits and features of the equipment. Sales representatives must have a strong understanding of the pharmaceutical industry, including current trends and regulations, in order to effectively communicate the value of the equipment to customers. They also need to stay updated on new products and technologies in order to provide accurate information and recommendations. This role requires excellent communication and negotiation skills, as well as the ability to work independently and meet sales targets. Sales representatives may also be involved in providing technical support and training to customers.

Skills: sales representative, pharmaceutical equipment, pharmaceutical industry, customer relationship management, product demonstration, sales targets
Job industry: Pharmaceutical

How much does Sales Representative Pharmaceutical Equipment make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Sales Representative Pharmaceutical Equipment a well paid job?

Yes, our data shows that Sales Representative Pharmaceutical Equipment 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 Sales Representative Pharmaceutical Equipment?

High salary for Sales Representative Pharmaceutical Equipment would be somewhere between 13,821,745 ISK and 18,219,573 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Sales Representative Pharmaceutical Equipment 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: 12,565,223 ISK
Estimated Monthly Salary: 1,047,102 ISK
Estimated Weekly Salary: 241,639 ISK per week
Estimated Hourly Salary: 6,041 ISK per hour
By working as Sales Representative Pharmaceutical Equipment a person can save up to 4,561 USD per month or 54,732 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 Sales Representative Pharmaceutical Equipment

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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