Period
to 24 January 2021

The median annual salary for a Product Owner was £60,000 in advertised job vacancies during the 6 months to 24 January 2021.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Product Owner
UK
6 months to
24 Jan 2021
Same period 2020 Same period 2019
Rank 417 475 538
Rank change year-on-year +58 +63 +94
Permanent jobs requiring a Product Owner 409 723 764
As % of all permanent jobs advertised in the UK 0.64% 0.58% 0.50%
As % of the Job Titles category 0.68% 0.60% 0.52%
Number of salaries quoted 418 639 669
Median annual salary £60,000 £54,000 £52,500
Median salary % change year-on-year +11.11% +2.86% -
10th Percentile £41,250 £41,250 £40,000
90th Percentile £80,375 £86,500 £77,950
UK excluding London median annual salary £55,000 £50,000 £50,000
% change year-on-year +10.00% - +5.26%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

All Permanent IT Job Vacancies
UK
Permanent vacancies in the UK with a recognized job title 60,490 120,158 145,590
% of permanent IT jobs with a recognized job title 95.14% 95.57% 95.94%
Number of salaries quoted 49,048 97,321 117,815
Median annual salary £55,000 £52,500 £50,000
Median salary % change year-on-year +4.76% +5.00% -
10th Percentile £32,000 £28,750 £28,000
90th Percentile £87,500 £86,250 £83,750
UK excluding London median annual salary £47,500 £45,000 £45,000
% change year-on-year +5.56% - +5.88%

Product Owner
Job Vacancy Trend

Job postings that featured Product Owner in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Product Owner in the UK

Product Owner
Salary Trend

3-month moving average salary quoted in jobs citing Product Owner.

Salary trend for Product Owner in the UK

Product Owner
Salary Histogram

Salary distribution for jobs citing Product Owner over the 6 months to 24 January 2021.

Salary histogram for Product Owner in the UK

Product Owner
Top 17 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Product Owner within the UK over the 6 months to 24 January 2021. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +59 378 £60,000 +9.09% 27
UK excluding London +87 236 £55,000 +10.00% 20
London +68 153 £67,004 +3.08% 11
North of England +72 94 £58,750 +14.76% 2
North West +75 63 £52,500 +5.00% 2
Work from Home -13 63 £57,000 +11.22% 2
South East +43 61 £55,000 +10.55% 7
Midlands +100 38 £52,500 - 6
Yorkshire +40 27 £67,500 +25.00%
West Midlands +84 19 £60,000 +14.29% 2
East Midlands +74 19 £50,000 +3.90% 4
South West +54 15 £52,250 +16.11% 1
Scotland +39 14 £60,000 +41.18% 4
East of England +62 9 £57,500 +11.65%
Wales +35 4 £42,500 -15.00%
North East +10 4 £55,000 -3.97%
Northern Ireland +12 1 - -

Product Owner Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 24 January 2021, Product Owner job roles required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Product Owner in the job title.

1 305 (74.57%) Agile Software Development
2 163 (39.85%) Scrum
3 150 (36.67%) Product Backlog
4 139 (33.99%) User Stories
5 138 (33.74%) Product Roadmap
6 115 (28.12%) User Experience
7 82 (20.05%) Backlog Management
7 82 (20.05%) Finance
8 78 (19.07%) Backlog Prioritisation
9 65 (15.89%) Product Management
10 58 (14.18%) Marketing
11 55 (13.45%) Stakeholder Management
12 53 (12.96%) Analytics
12 53 (12.96%) Acceptance Criteria
13 48 (11.74%) JIRA
14 47 (11.49%) Analytical Skills
15 42 (10.27%) SaaS
16 40 (9.78%) Banking
17 39 (9.54%) Problem-Solving
17 39 (9.54%) Sprint Planning
17 39 (9.54%) Epics
18 37 (9.05%) E-Commerce
19 36 (8.80%) B2B
20 35 (8.56%) Fintech
21 32 (7.82%) Project Management
21 32 (7.82%) Kanban
22 31 (7.58%) SDLC
23 28 (6.85%) Mobile App
24 27 (6.60%) Azure
24 27 (6.60%) Continuous Improvement

Product Owner Skill Set
Co-occurring IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 25 (6.11%) Confluence
2 11 (2.69%) CMS
3 3 (0.73%) Apache Spark
3 3 (0.73%) Elasticsearch
3 3 (0.73%) SharePoint
3 3 (0.73%) Sitecore CMS
4 1 (0.24%) WordPress
Applications
1 6 (1.47%) Figma
2 3 (0.73%) MS Visio
3 2 (0.49%) Chatbot
3 2 (0.49%) InVision
4 1 (0.24%) Microsoft Excel
4 1 (0.24%) Microsoft Office
4 1 (0.24%) Microsoft PowerPoint
4 1 (0.24%) Sketch
Business Applications
1 6 (1.47%) Dynamics CRM
2 4 (0.98%) Distributed Ledger
2 4 (0.98%) Salesforce.com CRM
3 3 (0.73%) Oracle Cash Management
4 2 (0.49%) SAP ERP
5 1 (0.24%) Payment Gateway
5 1 (0.24%) SAP IBP
5 1 (0.24%) SAP S/4HANA
Cloud Services
1 42 (10.27%) SaaS
2 27 (6.60%) Azure
3 16 (3.91%) AWS
4 10 (2.44%) Dynamics 365
4 10 (2.44%) Power Platform
5 8 (1.96%) GCP
5 8 (1.96%) Office 365
6 7 (1.71%) PaaS
7 6 (1.47%) Cloud Computing
8 5 (1.22%) Salesforce Service Cloud
9 4 (0.98%) Salesforce Sales Cloud
10 3 (0.73%) Lucidchart
11 2 (0.49%) Azure Active Directory
11 2 (0.49%) IaaS
12 1 (0.24%) Apigee
12 1 (0.24%) Azure Data Factory
12 1 (0.24%) G Suite
12 1 (0.24%) OneDrive
12 1 (0.24%) Serverless
12 1 (0.24%) SuccessFactors
Communications & Networking
1 7 (1.71%) DNS
1 7 (1.71%) Firewall
1 7 (1.71%) Internet
1 7 (1.71%) Network Security
2 3 (0.73%) Skype
3 2 (0.49%) PBX
4 1 (0.24%) VoIP
Database & Business Intelligence
1 14 (3.42%) Data Warehouse
2 10 (2.44%) Power BI
3 8 (1.96%) Big Data
4 4 (0.98%) Blockchain
4 4 (0.98%) BusinessObjects Business Intelligence
4 4 (0.98%) OLTP
4 4 (0.98%) SQL Server
5 3 (0.73%) Hadoop
5 3 (0.73%) Snowflake Schema
5 3 (0.73%) Tableau
6 2 (0.49%) SQL Server Integration Services
7 1 (0.24%) Azure SQL Database
7 1 (0.24%) Cosmos DB
7 1 (0.24%) Oracle Database
7 1 (0.24%) Redis
7 1 (0.24%) SQL Server Reporting Services
Development Applications
1 48 (11.74%) JIRA
2 4 (0.98%) Balsamiq
2 4 (0.98%) Jenkins
3 3 (0.73%) Cucumber
3 3 (0.73%) Git (software)
3 3 (0.73%) Selenium
3 3 (0.73%) TeamCity
4 1 (0.24%) Artifactory
4 1 (0.24%) Bitbucket
4 1 (0.24%) JIRA Agile
General
1 82 (20.05%) Finance
2 58 (14.18%) Marketing
3 40 (9.78%) Banking
4 17 (4.16%) Law
5 12 (2.93%) Games
5 12 (2.93%) Retail
6 11 (2.69%) Legal
7 10 (2.44%) Investment Banking
7 10 (2.44%) Manufacturing
8 9 (2.20%) Financial Institution
9 8 (1.96%) Publishing
9 8 (1.96%) Telecoms
10 6 (1.47%) Advertising
11 5 (1.22%) Billing
12 3 (0.73%) Automotive
12 3 (0.73%) Pharmaceutical
13 1 (0.24%) Back Office
13 1 (0.24%) Front Office
13 1 (0.24%) Local Government
13 1 (0.24%) Retail Banking
Libraries, Frameworks & Software Standards
1 5 (1.22%) Web Services
1 5 (1.22%) XML
2 4 (0.98%) Apache Flex
2 4 (0.98%) XSD
3 3 (0.73%) .NET
3 3 (0.73%) Gherkin
3 3 (0.73%) JSON
3 3 (0.73%) Kafka
3 3 (0.73%) OLE
3 3 (0.73%) REST
4 2 (0.49%) ADO
4 2 (0.49%) SOAP
5 1 (0.24%) CGI
5 1 (0.24%) COM
5 1 (0.24%) CSS
5 1 (0.24%) Flutter
5 1 (0.24%) HTML
5 1 (0.24%) React
5 1 (0.24%) React Native
5 1 (0.24%) Velocity
Miscellaneous
1 115 (28.12%) User Experience
2 47 (11.49%) Analytical Skills
3 28 (6.85%) Mobile App
4 9 (2.20%) Analytical Mindset
4 9 (2.20%) Fixed Income
5 8 (1.96%) Greenfield Project
6 7 (1.71%) Cyberthreat
7 6 (1.47%) Data Centre
7 6 (1.47%) Management Information System
7 6 (1.47%) Mobile Banking
8 4 (0.98%) Enterprise Software
8 4 (0.98%) NHS
8 4 (0.98%) Online Banking
8 4 (0.98%) Public Cloud
8 4 (0.98%) SWIFT
9 2 (0.49%) Derivative
9 2 (0.49%) Hybrid Cloud
9 2 (0.49%) Life Science
9 2 (0.49%) Private Cloud
9 2 (0.49%) Virtual Team
Operating Systems
1 8 (1.96%) Android
1 8 (1.96%) Apple iOS
2 2 (0.49%) Windows
3 1 (0.24%) Unix
Processes & Methodologies
1 305 (74.57%) Agile Software Development
2 163 (39.85%) Scrum
3 150 (36.67%) Product Backlog
4 139 (33.99%) User Stories
5 138 (33.74%) Product Roadmap
6 82 (20.05%) Backlog Management
7 78 (19.07%) Backlog Prioritisation
8 65 (15.89%) Product Management
9 55 (13.45%) Stakeholder Management
10 53 (12.96%) Acceptance Criteria
10 53 (12.96%) Analytics
11 39 (9.54%) Epics
11 39 (9.54%) Problem-Solving
11 39 (9.54%) Sprint Planning
12 37 (9.05%) E-Commerce
13 36 (8.80%) B2B
14 35 (8.56%) Fintech
15 32 (7.82%) Kanban
15 32 (7.82%) Project Management
16 31 (7.58%) SDLC
Programming Languages
1 23 (5.62%) SQL
2 14 (3.42%) Python
3 9 (2.20%) C++
3 9 (2.20%) Java
4 7 (1.71%) R
5 6 (1.47%) C#
6 5 (1.22%) MATLAB
7 4 (0.98%) JavaScript
8 3 (0.73%) C
8 3 (0.73%) Kotlin
9 2 (0.49%) Ruby
Qualifications
1 23 (5.62%) Degree
2 17 (4.16%) CSPO
3 7 (1.71%) CCNP
3 7 (1.71%) Cisco Certification
3 7 (1.71%) CISSP
4 2 (0.49%) ISEB
5 1 (0.24%) Computer Science Degree
5 1 (0.24%) SC Cleared
5 1 (0.24%) Security Cleared
Quality Assurance & Compliance
1 23 (5.62%) QA
2 4 (0.98%) ISO 13485
2 4 (0.98%) ISO 20022
2 4 (0.98%) ISO 9001
2 4 (0.98%) PSD2
2 4 (0.98%) TARGET2
3 3 (0.73%) COBIT
4 1 (0.24%) EMIR
4 1 (0.24%) GDPR
4 1 (0.24%) MiFID
4 1 (0.24%) PCI DSS
System Software
1 4 (0.98%) Docker
2 2 (0.49%) Active Directory
2 2 (0.49%) VMware Infrastructure
Systems Management
1 1 (0.24%) Kubernetes
1 1 (0.24%) Puppet
Vendors
1 14 (3.42%) Salesforce.com
2 11 (2.69%) Microsoft
3 9 (2.20%) Google
4 7 (1.71%) SAP
5 6 (1.47%) Oracle
6 5 (1.22%) JD Edwards
7 3 (0.73%) Sitecore
8 2 (0.49%) Cognizant
8 2 (0.49%) VMware
8 2 (0.49%) Xceptor
9 1 (0.24%) Atlassian
9 1 (0.24%) Cadence
9 1 (0.24%) Databricks
9 1 (0.24%) Okta
9 1 (0.24%) PayPal
9 1 (0.24%) Saba
9 1 (0.24%) Salesforce Marketing Cloud
9 1 (0.24%) ServiceNow
9 1 (0.24%) WorldPay