Senior Sales Compensation Analyst salary in Iceland

Average Yearly Salary of Senior Sales Compensation Analyst in Iceland is approximately 16,024,709 ISK (112,033 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 Sales Compensation Analyst do?

A Senior Sales Compensation Analyst is responsible for designing, implementing, and managing sales compensation plans within an organization. They analyze sales data, market trends, and company goals to develop effective incentive programs that motivate and reward sales teams. This role involves collaborating with cross-functional teams such as finance, HR, and sales management to ensure alignment with business objectives and compliance with regulations. The Senior Sales Compensation Analyst also evaluates the effectiveness of existing compensation plans and recommends improvements to drive sales performance. They provide guidance and support to sales leaders and representatives on compensation-related matters, including plan rules, targets, and payout calculations. Strong analytical skills, attention to detail, and knowledge of sales compensation best practices are essential in this role.

Skills: Sales Compensation, Analyst, Incentive Programs, Sales Performance, Data Analysis, Business Objectives
Job industry: Finance

How much does Senior Sales Compensation Analyst make?

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


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Salary comparison to National average

Is Senior Sales Compensation Analyst a well paid job?

Yes, our data shows that Senior Sales Compensation Analyst 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 Senior Sales Compensation Analyst?

High salary for Senior Sales Compensation Analyst would be somewhere between 17,627,180 ISK and 23,235,828 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Sales Compensation Analyst 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: 16,024,709 ISK
Estimated Monthly Salary: 1,335,392 ISK
Estimated Weekly Salary: 308,167 ISK per week
Estimated Hourly Salary: 7,704 ISK per hour
By working as Senior Sales Compensation Analyst a person can save up to 6,607 USD per month or 79,287 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 Sales Compensation Analyst

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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