Product Owner Salaries in United Kingdom

Updated 28 Nov 2023
Base Pay Range
£48K - £73K/yr
Average Base Pay

3,546 salaries

£50K

Low

£64K

Average

£82K

High

Additional Cash Compensation
Average£5,151Range£2,703 - £9,815
The average salary for Product Owner is £63,987 per year in the United Kingdom. The average additional cash compensation for a Product Owner in the United Kingdom is £5,151, with a range from £2,703 - £9,815. Salaries estimates are based on 3546 salaries submitted anonymously to Glassdoor by Product Owner employees in United Kingdom.

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What is the salary trajectory for a Product Owner?

in United Kingdom

£63,987 /yr
Product Owner
£82,917 /yr
Senior Product Owner
£66,005 /yr
Product Owner IV
See Full Career Path

Download as data table

What is the salary trajectory for a Product Owner?

Job TitleSalary
Product Owner£63,987 /yr
Senior Product Owner£82,917 /yr
Product Owner IV£66,005 /yr
What is the salary trajectory for a Product Owner?

in United Kingdom

£63,987 /yr
Product Owner
£82,917 /yr
Senior Product Owner
£66,005 /yr
Product Owner IV
See Full Career Path

Download as data table

What is the salary trajectory for a Product Owner?

Job TitleSalary
Product Owner£63,987 /yr
Senior Product Owner£82,917 /yr
Product Owner IV£66,005 /yr

Salaries in United Kingdom

Location

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Average Base Salary in (GBP)

Range

Lloyds Banking Group
3.3

Lloyds Banking Group

Product Owner

£78,738

 /yr
Range: £47K - £162K
91 salaries
See 97 salaries from all locations

£47K

£162K

£47,000 - £162,402 Range

BT
3.8

BT

Product Owner

£59,547

 /yr
Range: £37K - £90K
57 salaries
See 57 salaries from all locations

£37K

£90K

£37,286 - £90,255 Range

Revolut
3.9

Revolut

Product Owner

£106,881

 /yr
Range: £61K - £320K
57 salaries
See 58 salaries from all locations

£61K

£320K

£60,655 - £320,425 Range

Vodafone
3.9

Vodafone

Product Owner

£60,147

 /yr
Range: £45K - £146K
50 salaries
See 52 salaries from all locations

£45K

£146K

£44,567 - £146,223 Range

NatWest Group
4

NatWest Group

Product Owner

£75,655

 /yr
Range: £45K - £106K
32 salaries
See 34 salaries from all locations

£45K

£106K

£44,981 - £105,564 Range

Jaguar Land Rover
4

Jaguar Land Rover

Product Owner

£55,189

 /yr
Range: £44K - £94K
31 salaries
See 31 salaries from all locations

£44K

£94K

£44,018 - £93,578 Range

Sky
3.7

Sky

Product Owner

£57,703

 /yr
Range: £46K - £84K
29 salaries
See 30 salaries from all locations

£46K

£84K

£45,958 - £83,535 Range

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Advanced
2.9

Advanced

Product Owner

£39,722

 /yr
Range: £32K - £65K
28 salaries
See 28 salaries from all locations

£32K

£65K

£32,316 - £64,647 Range

HSBC
3.8

HSBC

Product Owner

£76,010

 /yr
Range: £45K - £162K
27 salaries
See 30 salaries from all locations

£45K

£162K

£45,244 - £161,674 Range

Direct Line Group
3.5

Direct Line Group

Product Owner

£50,364

 /yr
Range: £35K - £101K
26 salaries
See 28 salaries from all locations

£35K

£101K

£34,503 - £101,231 Range

Barclays
4

Barclays

Product Owner

£73,542

 /yr
Range: £52K - £102K
25 salaries
See 25 salaries from all locations

£52K

£102K

£52,051 - £101,849 Range

Admiral Group
3.9

Admiral Group

Product Owner

£38,495

 /yr
Range: £29K - £70K
25 salaries
See 25 salaries from all locations

£29K

£70K

£28,774 - £70,485 Range

Sainsbury’s
3.7

Sainsbury’s

Product Owner

£69,421

 /yr
Range: £43K - £97K
24 salaries
See 24 salaries from all locations

£43K

£97K

£42,698 - £97,351 Range

10x Banking
3.7

10x Banking

Product Owner

£97,553

 /yr
Range: £70K - £119K
22 salaries
See 22 salaries from all locations

£70K

£119K

£69,911 - £119,303 Range

Twinkl Educational Publishing
1.9

Twinkl Educational Publishing

Product Owner

£33,580

 /yr
Range: £23K - £43K
20 salaries
See 25 salaries from all locations

£23K

£43K

£22,974 - £42,643 Range

British Airways
3.4

British Airways

Product Owner

£56,815

 /yr
Range: £36K - £90K
18 salaries
See 19 salaries from all locations

£36K

£90K

£35,500 - £90,223 Range

Nationwide Building Society
3.9

Nationwide Building Society

Product Owner

£63,727

 /yr
Range: £52K - £80K
18 salaries
See 19 salaries from all locations

£52K

£80K

£52,359 - £79,683 Range

IRIS Software Group
4.2

IRIS Software Group

Product Owner

£50,757

 /yr
Range: £39K - £62K
18 salaries
See 18 salaries from all locations

£39K

£62K

£39,000 - £62,241 Range

Santander
3.8

Santander

Product Owner

£60,845

 /yr
Range: £45K - £80K
18 salaries
See 19 salaries from all locations

£45K

£80K

£44,759 - £80,435 Range

Bally's Interactive
3.2

Bally's Interactive

Product Owner

£80,124

 /yr
Range: £59K - £103K
17 salaries
See 19 salaries from all locations

£59K

£103K

£58,903 - £102,650 Range

Download as data table

Product Owner Salaries

Job TitleSalary
Product Owner salaries - 91 salaries reported£78,738/yr
Product Owner salaries - 57 salaries reported£59,547/yr
Product Owner salaries - 57 salaries reported£106,881/yr
Product Owner salaries - 50 salaries reported£60,147/yr
Product Owner salaries - 32 salaries reported£75,655/yr
Product Owner salaries - 31 salaries reported£55,189/yr
Product Owner salaries - 29 salaries reported£57,703/yr
Product Owner salaries - 28 salaries reported£39,722/yr
Product Owner salaries - 27 salaries reported£76,010/yr
Product Owner salaries - 26 salaries reported£50,364/yr
Product Owner salaries - 25 salaries reported£73,542/yr
Product Owner salaries - 25 salaries reported£38,495/yr
Product Owner salaries - 24 salaries reported£69,421/yr
Product Owner salaries - 22 salaries reported£97,553/yr
Product Owner salaries - 20 salaries reported£33,580/yr
Product Owner salaries - 18 salaries reported£56,815/yr
Product Owner salaries - 18 salaries reported£63,727/yr
Product Owner salaries - 18 salaries reported£50,757/yr
Product Owner salaries - 18 salaries reported£60,845/yr
Product Owner salaries - 17 salaries reported£80,124/yr
Viewing 1 - 10 of 6,488

Frequently asked questions about a Product Owner salaries

The average salary for a Product Owner is £63,987 per year in United Kingdom. Salaries estimates are based on 3546 salaries submitted anonymously to Glassdoor by a Product Owner employees in United Kingdom.

The highest salary for a Product Owner in United Kingdom is £82,452 per year.

The lowest salary for a Product Owner in United Kingdom is £50,361 per year.

Under the scrum framework, product owners are the team member ultimately responsible for a product’s outcome. They work with both stakeholders and end users. Pay varies by position since they can be employed by a variety of industries and firms, and can work at a variety of seniority levels. Pay should raise slightly over the next decade as organisations strive for greater efficiency, driving up demand. Expected salary is somewhat over the national average.

Individual managerial experience, negotiation skills, academic background, and industry-recognised certifications can all help you climb the career ladder as a product owner. While there is nothing quite like years of practical experience, some solid training will give you a head start. You’ll typically manage agile and scrum teams for software development or IT implementation projects, so having a bachelor's degree in IT, computer science, or another relevant field is critical.

In addition, Scrum certifications add significant value to your career and help you earn more. There are three levels of Professional Scrum Product Owner (PSPO) certifications: level I, II, and III. Achieving these certifications demonstrates your expertise and can make you more attractive to potential employers.

When negotiating your salary with your current employer or a potential one, prior research on product owner jobs in your region will help you understand the market dynamics. Always gather solid ideas about the company's operations and product lines before going to the negotiation table.

During your salary negotiation, discuss how your academic background, relevant experience, and certifications as a product owner add value to the organisation. Also, prepare some counterarguments in advance to support your reasons.

In addition, carefully consider the benefits you might get from the job other than salary. These include training, mentoring, reimbursement of training fees, childcare, and others.

About 72.26% of Product Owner professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional £5,151 in potential pay per year, among other factors, can qualify the annual pay of a Product Owner in United Kingdom as a good salary.

Product Owner professionals in United Kingdom have a wide total pay range, between £40,945 and £105,317 depending on experience, with an estimated total pay of £63,987 following the average career path of a Product Owner.

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