Technology Director salary in Iceland

Average Yearly Salary of Technology Director in Iceland is approximately 20,646,144 ISK (143,460 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 Technology Director do?

A Technology Director is responsible for overseeing and managing all aspects of technology within an organization. This role involves developing and implementing technology strategies, ensuring that the company's technological infrastructure is up to date and efficient, and leading a team of IT professionals. The Technology Director collaborates with other departments to understand their technology needs and provides solutions to enhance productivity and efficiency. They also stay updated on emerging technologies and trends to identify opportunities for innovation and improvement. Additionally, the Technology Director ensures data security and compliance with relevant regulations, manages technology budgets, and communicates with stakeholders about technology-related initiatives.

Skills: Technology Director, IT Management, Technology Strategy, Infrastructure Management, Team Leadership, Innovation, Data Security
Job industry: Information technology

How much does Technology Director make?

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


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Salary comparison to National average

Is Technology Director a well paid job?

Yes, our data show that Technology Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Technology Director?

High salary for Technology Director would be somewhere between 22,710,758 ISK and 29,936,909 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Technology Director 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: 20,646,144 ISK
Estimated Monthly Salary: 1,720,512 ISK
Estimated Weekly Salary: 397,041 ISK per week
Estimated Hourly Salary: 9,926 ISK per hour
By working as Technology Director a person can save up to 9,226 USD per month or 110,714 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 Technology Director

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

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