Home > Salary > Iceland > Territory Manager
A Territory Manager is responsible for overseeing and managing a specific geographic area or territory for a company. Their main objective is to drive sales and increase revenue within their assigned territory by building and maintaining relationships with existing clients and acquiring new customers. They are in charge of understanding market trends, analyzing competition, and developing strategies to meet sales targets. Territory Managers also provide support and training to their clients, ensuring customer satisfaction and loyalty. Additionally, they collaborate with other departments such as marketing and product development to gather market insights and contribute to the overall growth and success of the organization.
Estimated Yearly Salary: 12,107,352 ISK
Estimated Monthly Salary: 1,008,946 ISK
Estimated Weekly Salary: 232,834 ISK per week
Estimated Hourly Salary: 5,821 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 974,736 ISK
Estimated Weekly Salary: 224,939 ISK per week
Estimated Hourly Salary: 5,623 ISK per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 84,847 USD
Estimated Monthly Salary: 7,071 USD
Estimated Weekly Salary: 1,632 USD per week
Estimated Hourly Salary: 41 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 12,107,352 ISK
Estimated Monthly Salary: 1,008,946 ISK
Estimated Weekly Salary: 232,834 ISK per week
Estimated Hourly Salary: 5,821 ISK per hour
By working as Territory Manager a person can save up to 4,342 USD per month or 52,101 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 Territory Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Territory Manager salary in Iceland
Average Yearly Salary of Territory Manager in Iceland is approximately 12,107,352 ISK (84,847 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 Territory Manager do?
A Territory Manager is responsible for overseeing and managing a specific geographic area or territory for a company. Their main objective is to drive sales and increase revenue within their assigned territory by building and maintaining relationships with existing clients and acquiring new customers. They are in charge of understanding market trends, analyzing competition, and developing strategies to meet sales targets. Territory Managers also provide support and training to their clients, ensuring customer satisfaction and loyalty. Additionally, they collaborate with other departments such as marketing and product development to gather market insights and contribute to the overall growth and success of the organization.
Skills: Territory Manager, Sales, Relationship Management, Business Development, Market Analysis, Customer Satisfaction
Job industry: Sales
Job industry: Sales
How much does Territory Manager make?
Salary details
How much does Territory Manager make?Estimated Yearly Salary: 12,107,352 ISK
Estimated Monthly Salary: 1,008,946 ISK
Estimated Weekly Salary: 232,834 ISK per week
Estimated Hourly Salary: 5,821 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 11,696,828 ISKEstimated Monthly Salary: 974,736 ISK
Estimated Weekly Salary: 224,939 ISK per week
Estimated Hourly Salary: 5,623 ISK per hour
Last revision of data: 2024-01-09Territory Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 84,847 USD
Estimated Monthly Salary: 7,071 USD
Estimated Weekly Salary: 1,632 USD per week
Estimated Hourly Salary: 41 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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 Territory Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Territory Manager in Iceland earns on average:
1.35 times the average salary (or 135% 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 Territory Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Territory Manager in Iceland earns on average:
1.35 times the average salary (or 135% of average salary).
Is Territory Manager a well paid job?
Yes, our data shows that Territory Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Territory Manager?
High salary for Territory Manager would be somewhere between 13,318,087 ISK and 17,555,660 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Territory 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: 12,107,352 ISK
Estimated Monthly Salary: 1,008,946 ISK
Estimated Weekly Salary: 232,834 ISK per week
Estimated Hourly Salary: 5,821 ISK per hour
By working as Territory Manager a person can save up to 4,342 USD per month or 52,101 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 Territory Manager
Norway is 118,239 USD
United Kingdom is 55,654 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:
Physical therapist director (16,481,894 ISK per year, pre-tax.)
Medical billing specialist (5,548,812 ISK per year, pre-tax.)
U.s. navy seal (10,043,148 ISK per year, pre-tax.)
Cad supervisor (10,381,721 ISK per year, pre-tax.)
Caterer (5,422,989 ISK per year, pre-tax.)
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