Home > Salary > Iceland > Team Member
A team member is an individual who collaborates with others to achieve common goals and objectives. They actively participate in team meetings, contribute ideas and suggestions, and work together to complete tasks and projects. Team members are responsible for executing assigned responsibilities, meeting deadlines, and maintaining open communication with team members and stakeholders. They may also be involved in problem-solving, decision-making, and providing support to other team members when needed.
Estimated Yearly Salary: 3,186,220 ISK
Estimated Monthly Salary: 265,518 ISK
Estimated Weekly Salary: 61,273 ISK per week
Estimated Hourly Salary: 1,532 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 256,971 ISK
Estimated Weekly Salary: 59,301 ISK per week
Estimated Hourly Salary: 1,483 ISK per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 22,256 USD
Estimated Monthly Salary: 1,855 USD
Estimated Weekly Salary: 428 USD per week
Estimated Hourly Salary: 11 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: 3,186,220 ISK
Estimated Monthly Salary: 265,518 ISK
Estimated Weekly Salary: 61,273 ISK per week
Estimated Hourly Salary: 1,532 ISK per hour
Our data indicates that by working as Team Member you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Team Member
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Grocer (4,033,071 ISK per year, pre-tax.)
Insurance claims handler (6,879,937 ISK per year, pre-tax.)
National retail manager (11,097,756 ISK per year, pre-tax.)
Real estate loan officer (9,038,458 ISK per year, pre-tax.)
Band musician (18,183,165 ISK per year, pre-tax.)
Team Member salary in Iceland
Average Yearly Salary of Team Member in Iceland is approximately 3,186,220 ISK (22,256 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 Team Member do?

Skills: teamwork, collaboration, communication, problem-solving, responsibility, deadline management
Job industry: Operations
Job industry: Operations
How much does Team Member make?
Salary details
How much does Team Member make?Estimated Yearly Salary: 3,186,220 ISK
Estimated Monthly Salary: 265,518 ISK
Estimated Weekly Salary: 61,273 ISK per week
Estimated Hourly Salary: 1,532 ISK per hour
Comparing salary to last year:
Estimated Yearly Salary: 3,083,652 ISKEstimated Monthly Salary: 256,971 ISK
Estimated Weekly Salary: 59,301 ISK per week
Estimated Hourly Salary: 1,483 ISK per hour
Team Member estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 22,256 USD
Estimated Monthly Salary: 1,855 USD
Estimated Weekly Salary: 428 USD per week
Estimated Hourly Salary: 11 USD per hour
Difference in salary year over year or average salary increase is approximately
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 Team Member job salary compared to average salary in Iceland.
Comparison shows that a person working as Team Member in Iceland earns on average:
0.36 times the average salary (or 36% 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 Team Member job salary compared to average salary in Iceland.
Comparison shows that a person working as Team Member in Iceland earns on average:
0.36 times the average salary (or 36% of average salary).
Is Team Member a well paid job?
No, our data shows that Team Member is quite an underpaid paid job. The salary varies based on experience. Meaning that even though Team Member might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Team Member?
High salary for Team Member would be somewhere between 3,504,842 ISK and 4,620,019 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Team Member 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: 3,186,220 ISK
Estimated Monthly Salary: 265,518 ISK
Estimated Weekly Salary: 61,273 ISK per week
Estimated Hourly Salary: 1,532 ISK per hour
Our data indicates that by working as Team Member you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.
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 Team Member
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 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.)
Random salary:
Grocer (4,033,071 ISK per year, pre-tax.)
Insurance claims handler (6,879,937 ISK per year, pre-tax.)
National retail manager (11,097,756 ISK per year, pre-tax.)
Real estate loan officer (9,038,458 ISK per year, pre-tax.)
Band musician (18,183,165 ISK per year, pre-tax.)
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