Vice Chairman salary in Iceland

Average Yearly Salary of Vice Chairman in Iceland is approximately 29,560,550 ISK (206,717 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 Vice Chairman do?

The occupation of a Vice Chairman is a senior executive position within an organization, typically reporting directly to the Chairman or CEO. The Vice Chairman plays a crucial role in assisting the Chairman in overseeing and managing the company's operations, strategy, and overall performance. They are responsible for providing leadership and guidance to various departments, ensuring effective communication between different levels of management, and implementing key decisions. The Vice Chairman also represents the organization externally, maintaining relationships with stakeholders, partners, and industry leaders. They may be involved in high-level negotiations, strategic planning, and business development initiatives. Additionally, the Vice Chairman often participates in board meetings, contributes to corporate governance, and helps shape the company's long-term vision.

Skills: Vice Chairman, Executive Leadership, Strategic Management, Corporate Governance, Business Development, Stakeholder Relations
Job industry: Finance

How much does Vice Chairman make?

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


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Salary comparison to National average

Is Vice Chairman a well paid job?

Yes, our data show that Vice Chairman 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 Vice Chairman?

High salary for Vice Chairman would be somewhere between 32,516,605 ISK and 42,862,798 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Vice Chairman 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: 29,560,550 ISK
Estimated Monthly Salary: 2,463,379 ISK
Estimated Weekly Salary: 568,472 ISK per week
Estimated Hourly Salary: 14,212 ISK per hour
By working as Vice Chairman a person can save up to 14,498 USD per month or 173,971 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 Vice Chairman

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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