Benefits & Compensation Manager

14.052.354 ISK (ISK)/yr

6.755,94 ISK (ISK)/hr

1.205.692 ISK (ISK)/yr

The average benefits & compensation manager gross salary in Iceland is 14.052.354 ISK or an equivalent hourly rate of 6.756 ISK. In addition, they earn an average bonus of 1.205.692 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level benefits & compensation manager (1-3 years of experience) earns an average salary of 9.789.713 ISK. On the other end, a senior level benefits & compensation manager (8+ years of experience) earns an average salary of 17.529.750 ISK.

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ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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17.968.948 ISK (ISK)

28 %

Based on our compensation data, the estimated salary potential for Benefits & Compensation Manager will increase 28 % over 5 years.

This chart displays the highest level of education for:
Benefits & Compensation Manager, the majority at 91% with bachelors.

Typical Field of Study: Human Resources Management/Personnel Administration

See how education can impact your salary

Iceland

Cost of living is calculated based on accumulating the cost of food, transportation, health services, rent, utilities, taxes, and miscellaneous.

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Iceland (Icelandic: Ísland, pronounced [ˈistlant] ) is a Nordic island country between the North Atlantic and Arctic Oceans, on the Mid-Atlantic Ridge between North America and Europe. It is linked culturally and politically with Europe and is the region's most sparsely populated country. Its capital and largest city is Reykjavík, which is home to about 36% of the country's roughly 380,000 residents. The official language of the country is Icelandic. Located on a rift between tectonic plates, Iceland...

Sourced from Wikipedia
Manages and evaluates both the compensation and benefits functions for organizations, including participating in the design of plans, hiring, salary and incentive, job evaluation, performance appraisal, life and health insurance, disability, and pension and profit sharing programs. Provides annual salary action plans. Read More

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Disclaimer

This page is a promotion for SalaryExpert’s Assessor Platform and is not intended for professional use.

Professionals should subscribe to SalaryExpert’s Assessor Platform.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Do you work in HR or Compensation?
Try our professional compensation software to generate detailed salary and cost of living reports.
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