£41,307
Avg. Salary
£19.65
Avg. Hourly Rate

Average additional compensation:

£3,091

Bonus

£976

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Product Owner is £19.65 per hour.

The average pay for a Product Owner is £41,307 per year.

10%
£0.00
10%
£19.65
50%
£0.00
90%
90%
MEDIAN £19.65
10%
£28k
10%
£41k
50%
£60k
90%
90%
MEDIAN £41,307
£27,948 - £60,402
£28K
£41K
£60K
MEDIAN: £41,307
10%
50%
90%
£0£62K
Salary £27,948 - £60,402
Bonus £514 - £7,773
Profit Sharing £0.00 - £2,020
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
£28,828 - £62,527
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 18 Apr 2019
  • Individuals Reporting: 468

Job Description for Product Owner

The product owner plays a leadership role in their organization, usually a software company. Common employers for product owners include software companies, particularly those are developing new software or provide support to other companies. The product owner must have a good understanding of the software being developed and be able to communicate effectively with their coworkers. They also act as the manager of the product development team, helping nurture ideas, extract and retrieve information, determine the roadmap for the product, and work throughout the development process with the scrum team. The scrum team is typically under the product owner's supervision.

Read More...
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.

Product Owner Job Listings

Popular Skills for Product Owner

Pay Difference by Location

20%

National Average: £43,441

Larger city markers indicate a job is popular in that location.

Product Owner Reviews

Q: What is it like working as a Product Owner?

Product Owner in London:
"FIS Product Owner Capital Markets."
Pros: The flexibility and freedom to make a difference to clients. The benefits are great. Lots of challenging and interesting projects available. The people are committed and talented.
Cons: Lack of engagement from management, lack of foresight or planning from management. Remote working teams, offshore teams with no structure. Pie in the sky ideas with no meat on the bone commitment to see it through. A lack of ownership and leadership from senior management through to middle management in capital markets. A bullish defiance to do everything in house instead of employing experts. No real team ethos, everyone works in little silos.

Product Owner in Reading:
Pros: Work Experience made with this position.
Cons: Stress level and number of working hours.

Product Owner in Oxford:
"Corporate Culture, Work Flexibility, Office Conditions."
Pros: It's great, fantastic benefits and good people.
Cons: The lack of cohesiveness between departments.

Related Job Salaries

Key Stats for Product Owner

Gender

Female
36 %
Male
64 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 2 votes.
Less than 1 year
4%
1-4 years
58%
5-9 years
21%
10-19 years
15%
20 years or more
2%

Experience Affects Product Owner Salaries

▲14%

▲12%

National Average
₤43,000

▼12%

Skills That Affect Product Owner Salaries

▲8%





National Average
₤43,000

Requirements Analysis
▼13%

▼14%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 2 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
4%
1-4 years
58%
5-9 years
21%
10-19 years
15%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 45%
dental benefits
Dental: 14%
vision benefits
Vision: 17%
no benefits
None: 48%