Unit Manager salary in Iceland

Average Yearly Salary of Unit Manager in Iceland is approximately 13,385,575 ISK (94,238 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 Unit Manager do?

A Unit Manager is responsible for overseeing the operations of a specific department or unit within an organization. They are in charge of managing a team of employees, ensuring that they are working efficiently and effectively towards achieving the unit's goals and objectives. The Unit Manager is responsible for developing and implementing strategies to improve productivity, quality, and customer satisfaction. They also handle budgeting and financial management, as well as monitoring and reporting on key performance indicators. Additionally, a Unit Manager is responsible for fostering a positive work environment and promoting employee development and engagement.

Skills: Unit Manager, Operations Management, Team Leadership, Strategic Planning, Budgeting and Financial Management, Performance Monitoring and Reporting
Job industry: Retail

How much does Unit Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Unit Manager a well paid job?

Yes, our data shows that Unit 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 Unit Manager?

High salary for Unit Manager would be somewhere between 14,724,133 ISK and 19,409,084 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Unit 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: 13,385,575 ISK
Estimated Monthly Salary: 1,115,465 ISK
Estimated Weekly Salary: 257,415 ISK per week
Estimated Hourly Salary: 6,435 ISK per hour
By working as Unit Manager a person can save up to 5,124 USD per month or 61,492 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 Unit 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

Random salary:
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