Average Product Owner Salary in United Kingdom

£41,823
Avg. SalaryShow Hourly Rate
£3,049
Bonus
£1,250
Profit Sharing
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The average salary for a Product Owner in United Kingdom is £41,823.
10%
£29k
MEDIAN
£42k
90%
£62k
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Salary
£29k - £62k
Bonus
£894 - £8k
Profit Sharing
£491 - £4k
Total Pay
£29k - £65k
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What Do Product Owners Do?

Product Owner Tasks
  • Write and capture user stories and user needs to communicate product objectives and requirements.
  • Schedule and lead meetings to surface issues, identify fixes and advance projects.
  • Manage daily project goals and product schedules, adjusting expectations and setting priorities.
  • Work with customers, stakeholders and internal teams to create and customize products.

Popular Employer Salaries for Product Owner

The top respondents for the job title Product Owner are from the companies Sainsburys plc, Sky plc and Ocado. Reported salaries are highest at Ocado where the average pay is £54,496. Sainsburys plc pays the lowest at around £36,569.

Product Owner Job Listings

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What Are Popular Skills for Product Owners?

Skills in Product Management, Product Development and Business Analysis are correlated to pay that is above average. Skills that pay less than market rate include Scrum and Agile Software Development.

What is the Pay by Experience Level for Product Owners?

An entry-level Product Owner with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of £34,380 based on 31 salaries. An early career Product Owner with 1-4 years of experience earns an average total compensation of £39,670 based on 336 salaries. A mid-career Product Owner with 5-9 years of experience earns an average total compensation of £48,358 based on 127 salaries. An experienced Product Owner with 10-19 years of experience earns an average total compensation of £54,594 based on 84 salaries. In their late career (20 years and higher), employees earn an average total compensation of £50,868.
Employees with Product Owner in their job title in London, England earn an average of 39.5% more than the national average. These job titles also find higher than average salaries in London, England: London (16.6% more). The lowest salaries can be found in Edinburgh, Scotland: Edinburgh (14.0% less), Leeds, England: Leeds (12.5% less) and Leeds, England: West Yorkshire (11.4% less).

Years of Experience

This data is based on 593 survey responses.
Entry Level
5.2%
Early Career
56.7%
Mid Career
21.4%
Experienced
14.2%
Late Career
2.5%