Retail Store Manager

6.679.648 ISK (ISK)/yr

3.211,37 ISK (ISK)/hr

372.056 ISK (ISK)/yr

The average retail store manager gross salary in Iceland is 6.679.648 ISK or an equivalent hourly rate of 3.211 ISK. In addition, they earn an average bonus of 372.056 ISK. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Iceland. An entry level retail store manager (1-3 years of experience) earns an average salary of 4.816.961 ISK. On the other end, a senior level retail store manager (8+ years of experience) earns an average salary of 8.250.835 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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8.541.362 ISK (ISK)

28 %

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

This chart displays the highest level of education for:
Retail Store Manager, the majority at 53% with bachelors.

Typical Field of Study: Retailing and Retail Operations

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Iceland

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

View Cost of Living Page

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 daily operations of a retail store engaged in selling specific lines of merchandise, such as groceries, meat, liquor, apparel, jewelry, or furniture; related lines of merchandise, such as radios, televisions, and household appliances; or general lines of merchandise. Develops and implements pricing policies to ensure profitability of store operations. Coordinates sales promotion activities and oversees preparation of merchandise displays... and advertising copy. Performs and/or supervises employees engaged in taking of and controlling inventories, reconciling cash with sales receipts, keeping operating records, or preparing daily records of transactions. Plans and develops work schedules and assigns employees to specific duties. NOTE: ERI's findings based on years of experience. 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.
Try a Free Demoarrow_right

Learn About Our Products

SalaryExpert, powered by ERI, provides verified salary and cost of living data to the public with a comprehensive platform for evaluating compensation, career, relocation, and education decisions.
Access The Assessor Productsarrow_right
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  • No similar job titles found for this position
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