Store Sales Manager salary in Iceland

Average Yearly Salary of Store Sales Manager in Iceland is approximately 10,349,879 ISK (72,388 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 Store Sales Manager do?

A store sales manager is responsible for overseeing the daily operations of a retail store, ensuring that sales targets are met or exceeded, and providing excellent customer service. They manage a team of sales associates, assign tasks, and provide training and guidance to improve sales performance. Additionally, they analyze sales data and trends to develop strategies for increasing revenue and market share. The store sales manager also handles inventory management, including ordering and replenishing stock, as well as monitoring and controlling expenses to maximize profitability. They collaborate with marketing teams to plan and execute promotional campaigns and ensure visual merchandising standards are maintained. Strong leadership skills, exceptional communication and interpersonal abilities, and a deep understanding of the retail industry are essential for success in this role.

Skills: Store Sales Manager, Retail Management, Sales Performance, Customer Service, Inventory Management, Leadership Skills
Job industry: Retail

How much does Store Sales Manager make?

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


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Salary comparison to National average

Is Store Sales Manager a well paid job?

Yes, our data show that Store Sales Manager is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Store Sales Manager?

High salary for Store Sales Manager would be somewhere between 11,384,867 ISK and 15,007,325 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Store Sales 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: 10,349,879 ISK
Estimated Monthly Salary: 862,490 ISK
Estimated Weekly Salary: 199,036 ISK per week
Estimated Hourly Salary: 4,976 ISK per hour
By working as Store Sales Manager a person can save up to 3,304 USD per month or 39,642 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 Store Sales 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.

Top 10 highest salaries in Iceland

Data as of 2025

Random salary:
Corporate trainer (11,141,559 ISK per year, pre-tax.)
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