Role overview
Identify and develop new business opportunities and partnerships.
Annual Salary β 2025
Junior Level
$42,960 - $57,280
Experience: 0-2 years
Middle Level
$57,280 - $85,920
Experience: 3-5 years
Senior Level
$85,920 - $128,880
Experience: 6+ years
Estimated Take-Home Pay
Expected monthly income after standard tax deductions (approx. 31%)
$4,117
Hourly Rate
$29.26 - $39.59 per hour
Based on 40-hour work week, rates may vary by region and company
Healthcare
Comprehensive medical, dental and vision insurance coverage for you and your family
Approx. $5,012 per year
Annual Bonus Range
Typical performance-based annual bonus range
$7,160 - $10,740
Equity Bonus
Company equity compensation based on local market standards and company policy
Up to $7,160
Total Housing Budget
Recommended monthly spending on rent/mortgage and utilities
Up to $1,200
Retirement Savings Target
Recommended monthly retirement account contribution
$900
Recommended Emergency Fund
Financial safety net for unexpected expenses and life events
$17,900 - 35,800
Monthly Savings Targets
Recommended amount to set aside each month for your financial security and future goals
Approx. $1,800
Build your online Resume/CV today to unlock remote work opportunities and be discovered by global employers.
Education Requirements
Bachelor's in Business or related field
Professional Certifications
Training & Development
- Structured career development path with clear milestones
- Access to online learning platforms and certification programs
Required Skills
Core Skills
Trending Skills
Emerging Skills
Specifics
Work Environment
Tools
Collaboration
Time Zones
Benefits
Common Benefits
Additional Benefits
Market Trends
Demand
Very High
Growth Rate
12% annual growth
Remote Work
Availability: Moderate
Trend: Integration of wellness programs and mental health support specifically designed for remote workers
Job Platforms
Key Industries
Similar Positions
Other positions similar to Business Development Manager:
Cross-Country Pay Scale
Explore Business Development Manager salaries worldwide. Below you'll find a comparison of average annual compensation in different countries relative to the base rate in Iceland ($71,600).
Saudi Arabia
Czech Republic
Slovenia
Uruguay
United States
Mexico
Latvia
Armenia
Spain
NetherlandsFrequently Asked Questions
What is the average Business Development Manager salary in Iceland?
The average salary for a Business Development Manager in Iceland is $71,600 per year. Entry-level positions (Junior Level) start at $42,960 - $57,280, while experienced professionals (Senior Level) can earn up to $85,920 - $128,880.
What skills are required for a Business Development Manager role?
Core skills include Business Development, Sales, Negotiation. Trending skills are Digital Sales, Remote Selling, while emerging skills focus on AI Sales Tools, Virtual Networking.
What is the job market outlook for Business Development Managers?
The job market shows high demand with 15% annual growth. Remote work opportunities are increasing, with high availability across various job platforms. Key industries include IoT, Gaming Industry, Telecommunications, Automotive Tech, Technology, Healthcare, Data Analytics.
What benefits are typically offered to Business Development Managers in Iceland?
Common benefits include Health Insurance, Paid Time Off, Remote Work Options, Professional Development. Additional benefits may include Stock Options, Performance Bonuses, Health and Wellness Programs, Home Office Setup.
What roles are similar to Business Development Manager?
Similar positions to Business Development Manager include Partnership Manager, Strategic Account Manager, Growth Manager, Business Development Director. These roles share many of the same responsibilities and required skills, though their focus areas may vary slightly by organization.
What is the hourly rate for Business Development Managers in Iceland?
Based on a standard 40-hour work week, Business Development Managers in Iceland typically earn between $29.26 and $39.59 per hour per hour. Rates may vary depending on location, experience level, and specific employer.
What are the core and trending skills for Business Development Managers?
Core skills essential for Business Development Managers include Business Development, Sales, Negotiation. The most in-demand trending skills currently are Digital Sales, Remote Selling. Professionals looking to stay competitive should also keep an eye on emerging skills like AI Sales Tools, Virtual Networking.
About Salary Data
Our salary data is compiled from trusted sources including:
- U.S. Bureau of Labor Statistics - Official employment statistics
- Eurostat - European Union labor market data
- ILOSTAT - The leading source of labour statistics
- Glassdoor - Company salary reports
- Levels.fyi - Tech industry compensation data
- Indeed - Job market analysis
Additional market insights from:
Note: Salary ranges are approximate and may vary based on location, experience, skills, and other factors. Data is regularly updated to reflect current market conditions.
