Home > Salary > Iceland > Strategy Consultant
A strategy consultant is a professional who provides expert advice and guidance to organizations on how to improve their business performance and achieve their goals. They analyze the company's current situation, identify areas for improvement, and develop strategic plans to address them. Strategy consultants work closely with senior executives and management teams, conducting research, gathering data, and conducting market analysis to make informed recommendations. They help organizations optimize their operations, streamline processes, and identify new growth opportunities. Strategy consultants also assist in implementing and monitoring the progress of strategic initiatives, providing ongoing support and guidance to ensure successful outcomes. They possess strong analytical, problem-solving, and communication skills, as well as a deep understanding of business principles and industry trends.
Estimated Yearly Salary: 17,907,219 ISK
Estimated Monthly Salary: 1,492,268 ISK
Estimated Weekly Salary: 344,370 ISK per week
Estimated Hourly Salary: 8,609 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,444,372 ISK
Estimated Weekly Salary: 333,317 ISK per week
Estimated Hourly Salary: 8,333 ISK per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 125,069 USD
Estimated Monthly Salary: 10,422 USD
Estimated Weekly Salary: 2,405 USD per week
Estimated Hourly Salary: 60 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 17,907,219 ISK
Estimated Monthly Salary: 1,492,268 ISK
Estimated Weekly Salary: 344,370 ISK per week
Estimated Hourly Salary: 8,609 ISK per hour
By working as Strategy Consultant a person can save up to 7,694 USD per month or 92,323 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.
Estimated Yearly Salary for Strategy Consultant
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Director strategic sourcing (26,796,341 ISK per year, pre-tax.)
Pilates studio manager (6,721,823 ISK per year, pre-tax.)
General contractor (9,755,288 ISK per year, pre-tax.)
Sanitation manager (13,291,850 ISK per year, pre-tax.)
Food service director (11,077,084 ISK per year, pre-tax.)
Strategy Consultant salary in Iceland
Average Yearly Salary of Strategy Consultant in Iceland is approximately 17,907,219 ISK (125,069 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 Strategy Consultant do?
A strategy consultant is a professional who provides expert advice and guidance to organizations on how to improve their business performance and achieve their goals. They analyze the company's current situation, identify areas for improvement, and develop strategic plans to address them. Strategy consultants work closely with senior executives and management teams, conducting research, gathering data, and conducting market analysis to make informed recommendations. They help organizations optimize their operations, streamline processes, and identify new growth opportunities. Strategy consultants also assist in implementing and monitoring the progress of strategic initiatives, providing ongoing support and guidance to ensure successful outcomes. They possess strong analytical, problem-solving, and communication skills, as well as a deep understanding of business principles and industry trends.
Skills: strategy consultant, business performance, strategic planning, market analysis, process optimization, growth opportunities.
Job industry: Management consulting
Job industry: Management consulting
How much does Strategy Consultant make?
Salary details
How much does Strategy Consultant make?Estimated Yearly Salary: 17,907,219 ISK
Estimated Monthly Salary: 1,492,268 ISK
Estimated Weekly Salary: 344,370 ISK per week
Estimated Hourly Salary: 8,609 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 17,332,458 ISKEstimated Monthly Salary: 1,444,372 ISK
Estimated Weekly Salary: 333,317 ISK per week
Estimated Hourly Salary: 8,333 ISK per hour
Last revision of data: 2024-01-07Strategy Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 125,069 USD
Estimated Monthly Salary: 10,422 USD
Estimated Weekly Salary: 2,405 USD per week
Estimated Hourly Salary: 60 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Strategy Consultant job salary compared to average salary in Iceland.
Comparison shows that a person working as Strategy Consultant in Iceland earns on average:
2 times the average salary (or 200% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Strategy Consultant job salary compared to average salary in Iceland.
Comparison shows that a person working as Strategy Consultant in Iceland earns on average:
2 times the average salary (or 200% of average salary).
Is Strategy Consultant a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Strategy Consultant?
High salary for Strategy Consultant would be somewhere between 19,697,941 ISK and 25,965,468 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Strategy Consultant 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: 17,907,219 ISK
Estimated Monthly Salary: 1,492,268 ISK
Estimated Weekly Salary: 344,370 ISK per week
Estimated Hourly Salary: 8,609 ISK per hour
By working as Strategy Consultant a person can save up to 7,694 USD per month or 92,323 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 Strategy Consultant
Norway is 175,951 USD
United Kingdom is 82,437 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Director strategic sourcing (26,796,341 ISK per year, pre-tax.)
Pilates studio manager (6,721,823 ISK per year, pre-tax.)
General contractor (9,755,288 ISK per year, pre-tax.)
Sanitation manager (13,291,850 ISK per year, pre-tax.)
Food service director (11,077,084 ISK per year, pre-tax.)
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Salary details displayed on optisalary.com are meant for reference purposes only. Our data is sourced through various inputs and may not necessarily be accurate. Users must verify salary information independently before making financial decisions. The figures shown here may fluctuate due to variables such as location, industry standards, and individual skill sets. We cannot guarantee that the information displayed is flawless. By accessing optisalary.com, you agree that salary information is presented 'as is' and without warranties.