Avg. Base Salary (USD)
The average salary for a Product Owner is $75,328
What is the Pay by Experience Level for Product Owners?
An early career Product Owner with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $56,043 based on 5 salaries. A mid-career Product Owner with 5-9 years of experience earns an average total compensation of $85,000 based on 5 salaries.
What Do Product Owners Do?
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 …Read more
- 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.
FAQs About Product Owners
What is the highest pay for Product Owners in Philadelphia?
Our data indicates that the highest pay for a Product Owner in Philadelphia is $112k / year
What is the lowest pay for Product Owners in Philadelphia?
Our data indicates that the lowest pay for a Product Owner in Philadelphia is $54k / year
How can Product Owners increase their salary?
Increasing your pay as a Product Owner is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Product Owner that oversees more junior Product Owners, this experience can increase the likelihood to earn more.