Sr. Commissions Analyst salary in Iceland

Average Yearly Salary of Sr. Commissions Analyst in Iceland is approximately 14,003,979 ISK (97,900 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 Sr. Commissions Analyst do?

A Senior Commissions Analyst is responsible for analyzing and evaluating sales commissions and incentive programs within an organization. They ensure accuracy and fairness in calculating commission payments for sales representatives and other employees involved in sales-related activities. This role involves collaborating with various departments, such as sales, finance, and human resources, to gather data and ensure compliance with company policies and guidelines. The Senior Commissions Analyst also plays a crucial role in developing and implementing commission plans, providing recommendations for improvement, and monitoring the effectiveness of existing programs. They may conduct audits, resolve discrepancies, and provide guidance to stakeholders on commission-related matters. Strong analytical skills, attention to detail, and proficiency in financial analysis tools are essential for success in this role.

Skills: Senior Commissions Analyst, Sales Commissions, Incentive Programs, Financial Analysis, Compensation Management, Sales Operations.
Job industry: Finance

How much does Sr. Commissions Analyst make?

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


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Salary comparison to National average

Is Sr. Commissions Analyst a well paid job?

Yes, our data shows that Sr. Commissions 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 Sr. Commissions Analyst?

High salary for Sr. Commissions Analyst would be somewhere between 15,404,377 ISK and 20,305,770 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Sr. Commissions 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: 14,003,979 ISK
Estimated Monthly Salary: 1,166,998 ISK
Estimated Weekly Salary: 269,307 ISK per week
Estimated Hourly Salary: 6,733 ISK per hour
By working as Sr. Commissions Analyst a person can save up to 5,430 USD per month or 65,154 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 Sr. Commissions 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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