Senior Director Engineering salary in Iceland

Average Yearly Salary of Senior Director Engineering in Iceland is approximately 36,668,964 ISK (256,198 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 Senior Director Engineering do?

The occupation of a Senior Director of Engineering is a high-level management role that involves overseeing the engineering department within an organization. This individual is responsible for leading and managing a team of engineers, setting strategic goals, and ensuring the successful execution of engineering projects. They collaborate with other departments to align engineering efforts with overall business objectives and drive innovation. The Senior Director of Engineering also plays a crucial role in resource allocation, budgeting, and talent acquisition, ensuring that the team has the necessary skills and resources to deliver high-quality work on time. This position requires strong leadership, communication, and problem-solving skills, as well as a deep understanding of engineering principles and industry trends.

Skills: Senior Director, Engineering, Management, Leadership, Innovation, Project Execution
Job industry: Technology

How much does Senior Director Engineering make?

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


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Salary comparison to National average

Is Senior Director Engineering a well paid job?

Yes, our data show that Senior Director Engineering 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 Senior Director Engineering?

High salary for Senior Director Engineering would be somewhere between 40,335,860 ISK and 53,169,998 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Director Engineering 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: 36,668,964 ISK
Estimated Monthly Salary: 3,055,747 ISK
Estimated Weekly Salary: 705,172 ISK per week
Estimated Hourly Salary: 17,629 ISK per hour
By working as Senior Director Engineering a person can save up to 18,621 USD per month or 223,452 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 Senior Director Engineering

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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