Group Managing Director

15.790.117 ISK (ISK)/yr

7.591,40 ISK (ISK)/hr

2.966.963 ISK (ISK)/yr

The average group managing director gross salary in Iceland is 15.790.117 ISK or an equivalent hourly rate of 7.591 ISK. In addition, they earn an average bonus of 2.966.963 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level group managing director (1-3 years of experience) earns an average salary of 10.855.390 ISK. On the other end, a senior level group managing director (8+ years of experience) earns an average salary of 19.810.281 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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20.191.051 ISK (ISK)

28 %

Based on our compensation data, the estimated salary potential for Group Managing Director will increase 28 % over 5 years.

Education data not available for this job

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
Plans and directs the implementation of the group's long-term strategies while making sure strategies align with the vision and mission of the organization. Ensures that the group's financial performance is optimized in terms of revenue, profitability, and operational effectiveness. Seeks prospects for growth, such as market expansions, collaborations, mergers, and acquisitions. Preserves market trust and support, and develops connections with... important stakeholders, such as investors, clients, staff, and regulatory organizations. Creates and develops an executive team by offering direction and mentoring. Ensures that all rules and regulations, internal procedures, and moral principles are followed. Fosters an innovative culture and keeps the company ahead of the competition. Reduces any risks that might have an effect on the group's operations and financial stability. Read More

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Disclaimer

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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?
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