Role overview
Lead projects from initiation to completion, ensuring successful delivery.
Annual Salary β 2025
Junior Level
$45,105 - $60,140
Experience: 0-2 years
Middle Level
$60,140 - $90,210
Experience: 3-5 years
Senior Level
$90,210 - $135,315
Experience: 6+ years
Estimated Take-Home Pay
Expected monthly income after standard tax deductions (approx. 31%)
$4,323
Hourly Rate
$30.72 - $41.56 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. $5,262 per year
Annual Bonus Range
Typical performance-based annual bonus range
$7,518 - $11,276
Equity Bonus
Company equity compensation based on local market standards and company policy
Up to $7,518
Total Housing Budget
Recommended monthly spending on rent/mortgage and utilities
Up to $1,300
Retirement Savings Target
Recommended monthly retirement account contribution
$900
Recommended Emergency Fund
Financial safety net for unexpected expenses and life events
$18,794 - 37,588
Monthly Savings Targets
Recommended amount to set aside each month for your financial security and future goals
Approx. $1,900
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Education Requirements
Bachelor's in Business or related field
Professional Certifications
Training & Development
- Specialized skill development workshops
- Regular technical workshops and skill development sessions
- Access to advanced technical training resources
- Structured career development path with clear milestones
Required Skills
Core Skills
Trending Skills
Emerging Skills
Specifics
Work Environment
Tools
Collaboration
Time Zones
Benefits
Common Benefits
Additional Benefits
Market Trends
Demand
Stable
Growth Rate
12% annual growth
Remote Work
Availability: Very High
Trend: Evolution of remote collaboration practices incorporating AI-powered productivity tools and virtual reality meetings
Job Platforms
Key Industries
Similar Positions
Other positions similar to Project Manager:
Cross-Country Pay Scale
Explore Project Manager salaries worldwide. Below you'll find a comparison of average annual compensation in different countries relative to the base rate in Iceland ($75,175).
Philippines
Peru
Bhutan
Russia
Luxembourg
Israel
Egypt
China
Slovakia
CyprusFrequently Asked Questions
What is the average Project Manager salary in Iceland?
The average salary for a Project Manager in Iceland is $75,175 per year. Entry-level positions (Junior Level) start at $45,105 - $60,140, while experienced professionals (Senior Level) can earn up to $90,210 - $135,315.
What skills are required for a Project Manager role?
Core skills include Project Management, Agile, Risk Management. Trending skills are Remote Team Management, Digital Transformation, while emerging skills focus on AI Project Management, Hybrid Methodologies.
What is the job market outlook for Project 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 FinTech, Space Technology, Healthcare, Finance, Cybersecurity, Gaming Industry, Automotive Tech.
What benefits are typically offered to Project 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 Project Manager?
Similar positions to Project Manager include Technical Project Manager, Digital Project Manager, Agile Project Manager, Program Manager. 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 Project Managers in Iceland?
Based on a standard 40-hour work week, Project Managers in Iceland typically earn between $30.72 and $41.56 per hour per hour. Rates may vary depending on location, experience level, and specific employer.
What are the core and trending skills for Project Managers?
Core skills essential for Project Managers include Project Management, Agile, Risk Management. The most in-demand trending skills currently are Remote Team Management, Digital Transformation. Professionals looking to stay competitive should also keep an eye on emerging skills like AI Project Management, Hybrid Methodologies.
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.
