Technology Manager salary in Iceland

Average Yearly Salary of Technology Manager in Iceland is approximately 19,178,434 ISK (133,614 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 Manager do?

A technology manager is responsible for overseeing and managing the technological systems and infrastructure within an organization. They play a crucial role in ensuring that technology is effectively utilized to meet business objectives and drive innovation. Their main responsibilities include strategic planning, budgeting, implementation, maintenance, and continuous improvement of technology systems. They collaborate with various departments to understand their technology needs and provide solutions accordingly. Additionally, they manage a team of IT professionals, ensuring their skills are developed, and they are equipped to support the organization's technological requirements. A technology manager stays updated on emerging technologies and industry trends, evaluating their potential impact on the organization. They also ensure compliance with security protocols and regulations to protect sensitive data.

Skills: Technology Manager, IT Management, Technology Infrastructure, Strategic Planning, Team Management, Innovation.
Job industry: Technology

How much does Technology 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 Technology Manager a well paid job?

Yes, our data show that Technology Manager 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 Manager?

High salary for Technology Manager would be somewhere between 21,096,277 ISK and 27,808,729 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Technology 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: 19,178,434 ISK
Estimated Monthly Salary: 1,598,203 ISK
Estimated Weekly Salary: 368,816 ISK per week
Estimated Hourly Salary: 9,220 ISK per hour
By working as Technology Manager a person can save up to 8,406 USD per month or 100,868 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 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

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