Product Owner Salaries in United Kingdom

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.