Home > Salary > Iceland > Top Merchandising Officer
The top merchandising officer is responsible for overseeing the merchandising operations of a company. This includes developing and implementing merchandising strategies to drive sales, managing product assortment and inventory levels, analyzing market trends and consumer behavior, and collaborating with cross-functional teams such as marketing, sales, and supply chain. They are also responsible for identifying new business opportunities, negotiating with suppliers, and ensuring that merchandise is displayed effectively in stores or online platforms. Additionally, the top merchandising officer must stay updated on industry trends, competitive landscape, and customer preferences to make informed decisions and optimize the company's merchandising efforts.
Estimated Yearly Salary: 40,928,622 ISK
Estimated Monthly Salary: 3,410,719 ISK
Estimated Weekly Salary: 787,089 ISK per week
Estimated Hourly Salary: 19,677 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,305,231 ISK
Estimated Weekly Salary: 762,746 ISK per week
Estimated Hourly Salary: 19,069 ISK per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 287,244 USD
Estimated Monthly Salary: 23,937 USD
Estimated Weekly Salary: 5,524 USD per week
Estimated Hourly Salary: 138 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: 40,928,622 ISK
Estimated Monthly Salary: 3,410,719 ISK
Estimated Weekly Salary: 787,089 ISK per week
Estimated Hourly Salary: 19,677 ISK per hour
By working as Top Merchandising Officer a person can save up to 21,208 USD per month or 254,498 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 Top Merchandising Officer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Chartered accountant (14,355,198 ISK per year, pre-tax.)
Geographic information systems (gis), spatial analyst (12,139,078 ISK per year, pre-tax.)
Wound care technician (6,167,447 ISK per year, pre-tax.)
Network manager (17,013,568 ISK per year, pre-tax.)
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Top Merchandising Officer salary in Iceland
Average Yearly Salary of Top Merchandising Officer in Iceland is approximately 40,928,622 ISK (287,244 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 Top Merchandising Officer do?
The top merchandising officer is responsible for overseeing the merchandising operations of a company. This includes developing and implementing merchandising strategies to drive sales, managing product assortment and inventory levels, analyzing market trends and consumer behavior, and collaborating with cross-functional teams such as marketing, sales, and supply chain. They are also responsible for identifying new business opportunities, negotiating with suppliers, and ensuring that merchandise is displayed effectively in stores or online platforms. Additionally, the top merchandising officer must stay updated on industry trends, competitive landscape, and customer preferences to make informed decisions and optimize the company's merchandising efforts.
Skills: Merchandising, Retail, Sales, Strategy, Inventory Management, Market Analysis
Job industry: Retail
Job industry: Retail
How much does Top Merchandising Officer make?
Salary details
How much does Top Merchandising Officer make?Estimated Yearly Salary: 40,928,622 ISK
Estimated Monthly Salary: 3,410,719 ISK
Estimated Weekly Salary: 787,089 ISK per week
Estimated Hourly Salary: 19,677 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 39,662,766 ISKEstimated Monthly Salary: 3,305,231 ISK
Estimated Weekly Salary: 762,746 ISK per week
Estimated Hourly Salary: 19,069 ISK per hour
Last revision of data: 2024-01-05Top Merchandising Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 287,244 USD
Estimated Monthly Salary: 23,937 USD
Estimated Weekly Salary: 5,524 USD per week
Estimated Hourly Salary: 138 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 Top Merchandising Officer job salary compared to average salary in Iceland.
Comparison shows that a person working as Top Merchandising Officer in Iceland earns on average:
4.57 times the average salary (or 457% 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 Top Merchandising Officer job salary compared to average salary in Iceland.
Comparison shows that a person working as Top Merchandising Officer in Iceland earns on average:
4.57 times the average salary (or 457% of average salary).
Is Top Merchandising Officer a well paid job?
Yes, our data show that Top Merchandising Officer 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 Top Merchandising Officer?
High salary for Top Merchandising Officer would be somewhere between 45,021,484 ISK and 59,346,502 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Top Merchandising Officer 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: 40,928,622 ISK
Estimated Monthly Salary: 3,410,719 ISK
Estimated Weekly Salary: 787,089 ISK per week
Estimated Hourly Salary: 19,677 ISK per hour
By working as Top Merchandising Officer a person can save up to 21,208 USD per month or 254,498 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 Top Merchandising Officer
Norway is 403,112 USD
United Kingdom is 188,275 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:
Chartered accountant (14,355,198 ISK per year, pre-tax.)
Geographic information systems (gis), spatial analyst (12,139,078 ISK per year, pre-tax.)
Wound care technician (6,167,447 ISK per year, pre-tax.)
Network manager (17,013,568 ISK per year, pre-tax.)
Race director (7,696,786 ISK per year, pre-tax.)
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