Product Owner
UK

The median Product Owner salary in the UK is £75,000 per year according to job vacancies posted during the 6 months to 4 December 2023.

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

6 months to
4 Dec 2023
Same period 2022 Same period 2021
Rank 409 347 398
Rank change year-on-year -62 +51 +12
Permanent jobs requiring a Product Owner 370 1,168 1,111
As % of all permanent jobs advertised in the UK 0.70% 0.94% 0.87%
As % of the Job Titles category 0.73% 0.99% 0.91%
Number of salaries quoted 322 828 898
10th Percentile £43,650 £45,000 £37,500
25th Percentile £55,000 £52,500 £47,500
Median annual salary (50th Percentile) £75,000 £65,000 £60,000
Median % change year-on-year +15.38% +8.33% -
75th Percentile £91,875 £77,750 £72,500
90th Percentile £120,000 £100,000 £85,000
UK excluding London median annual salary £60,000 £56,407 £50,000
% change year-on-year +6.37% +12.81% -13.17%

All Permanent IT Job Vacancies
UK

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.

Permanent vacancies in the UK with a recognized job title 50,797 118,142 122,028
% of permanent jobs with a recognized job title 95.42% 95.32% 95.15%
Number of salaries quoted 37,144 73,821 84,079
10th Percentile £31,250 £32,750 £32,000
25th Percentile £42,500 £45,000 £42,500
Median annual salary (50th Percentile) £60,000 £60,000 £57,500
Median % change year-on-year - +4.35% +4.55%
75th Percentile £80,000 £81,250 £77,500
90th Percentile £97,500 £98,750 £95,000
UK excluding London median annual salary £52,500 £52,500 £50,000
% change year-on-year - +5.00% +5.26%

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 4 December 2023.

Salary histogram for Product Owner in the UK

Product Owner
Top 16 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 4 December 2023. 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
Jobs
England -37 345 £76,383 +17.51% 123
London +47 198 £87,500 +25.00% 40
UK excluding London -56 163 £60,000 +6.37% 85
Work from Home -74 110 £79,632 +27.41% 48
North of England +43 49 £65,000 +15.23% 24
Yorkshire +62 31 £65,000 - 11
South East +52 30 £58,671 -2.22% 19
Midlands +8 25 £51,000 +2.00% 18
South West +32 23 £70,000 +27.27% 10
West Midlands +21 20 £51,000 +4.08% 13
Scotland +46 17 £55,000 -8.33% 6
North West +26 17 £63,500 +12.58% 11
East of England +102 14 £45,000 -11.76% 9
East Midlands +34 5 £51,000 +2.00% 5
Wales +20 5 £52,500 -12.50%
North East +45 1 £57,500 +15.00% 2

Product Owner Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 4 December 2023, Product Owner job roles required the following skills and capabilities 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.

1 363 (98.11%) Product Ownership
2 285 (77.03%) Agile
3 224 (60.54%) Roadmaps
4 153 (41.35%) Product Roadmap
5 129 (34.86%) User Stories
6 122 (32.97%) Finance
7 116 (31.35%) Scrum
8 115 (31.08%) Product Backlog
9 93 (25.14%) Social Skills
10 79 (21.35%) Artificial Intelligence
11 77 (20.81%) Acceptance Criteria
12 72 (19.46%) Backlog Prioritisation
13 69 (18.65%) Product Vision
14 65 (17.57%) Machine Learning
15 64 (17.30%) Epics
16 63 (17.03%) Backlog Management
17 61 (16.49%) Product Strategy
17 61 (16.49%) Stakeholder Management
18 59 (15.95%) Analytics
19 58 (15.68%) User Experience
20 55 (14.86%) Product Management
21 54 (14.59%) Problem-Solving
22 51 (13.78%) Analytical Skills
23 40 (10.81%) Banking
23 40 (10.81%) Project Management
24 37 (10.00%) Front Office
24 37 (10.00%) Backlog Refinement
25 36 (9.73%) Product Requirements
25 36 (9.73%) SQL
26 35 (9.46%) Retail

Product Owner Skill Set
Co-occurring Skills and Capabilities by Category

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

Application Platforms
1 17 (4.59%) Confluence
2 8 (2.16%) CMS
3 7 (1.89%) Drupal
4 6 (1.62%) Jupyter
5 1 (0.27%) SharePoint
5 1 (0.27%) WordPress
Applications
1 3 (0.81%) Microsoft Excel
2 1 (0.27%) MS Visio
2 1 (0.27%) Photoshop
2 1 (0.27%) Siemens NX
Business Applications
1 14 (3.78%) Dynamics CRM
2 3 (0.81%) Teamcenter
3 2 (0.54%) Salesforce CRM
4 1 (0.27%) Magento
4 1 (0.27%) Oracle EBS
4 1 (0.27%) Oracle Financials
4 1 (0.27%) Remedy ITSM
4 1 (0.27%) Sage X3
4 1 (0.27%) SAP S/4HANA
Cloud Services
1 23 (6.22%) Azure
2 16 (4.32%) SaaS
3 11 (2.97%) AWS
3 11 (2.97%) Power Platform
4 10 (2.70%) Dynamics 365
5 7 (1.89%) Azure DevOps
5 7 (1.89%) Google Analytics
6 6 (1.62%) Microsoft 365
6 6 (1.62%) Vertex AI
7 5 (1.35%) PowerApps
8 3 (0.81%) PaaS
9 2 (0.54%) Figma
9 2 (0.54%) Miro
9 2 (0.54%) Power Automate
9 2 (0.54%) WhatsApp
10 1 (0.27%) Azure Logic Apps
10 1 (0.27%) Google Data Studio
10 1 (0.27%) Salesforce Sales Cloud
10 1 (0.27%) SuccessFactors
10 1 (0.27%) Zapier
Communications & Networking
1 1 (0.27%) Internet
1 1 (0.27%) PPP
Database & Business Intelligence
1 5 (1.35%) SQL Server
1 5 (1.35%) SQL Server Reporting Services
2 3 (0.81%) Power BI
2 3 (0.81%) SQL Server Integration Services
3 2 (0.54%) Amazon QuickSight
3 2 (0.54%) Amazon Redshift
3 2 (0.54%) Data Lake
4 1 (0.27%) Data Mart
4 1 (0.27%) Elasticsearch
4 1 (0.27%) Metadata
4 1 (0.27%) Mixpanel
4 1 (0.27%) Tableau
Development Applications
1 32 (8.65%) JIRA
2 2 (0.54%) Visual Studio Team System
3 1 (0.27%) Artifactory
3 1 (0.27%) ERwin
3 1 (0.27%) SonarQube
General
1 122 (32.97%) Finance
2 93 (25.14%) Social Skills
3 51 (13.78%) Analytical Skills
4 40 (10.81%) Banking
5 37 (10.00%) Front Office
6 35 (9.46%) Retail
7 32 (8.65%) Legal
8 21 (5.68%) Inclusion and Diversity
9 18 (4.86%) Marketing
9 18 (4.86%) Pharmaceutical
10 17 (4.59%) Digital Healthcare
10 17 (4.59%) Public Sector
11 10 (2.70%) Influencing Skills
12 8 (2.16%) Law
13 7 (1.89%) Back Office
13 7 (1.89%) Organisational Skills
14 6 (1.62%) Automotive
14 6 (1.62%) Electronics
14 6 (1.62%) Manufacturing
14 6 (1.62%) Presentation Skills
Libraries, Frameworks & Software Standards
1 6 (1.62%) Keras
1 6 (1.62%) PyTorch
1 6 (1.62%) scikit-learn
1 6 (1.62%) TensorFlow
1 6 (1.62%) Web Services
2 3 (0.81%) Velocity
3 1 (0.27%) CSS
3 1 (0.27%) EDI
3 1 (0.27%) HTML
3 1 (0.27%) Middleware
3 1 (0.27%) Pandas
Miscellaneous
1 363 (98.11%) Product Ownership
2 33 (8.92%) Derivative
3 32 (8.65%) Foreign Exchange (FX)
4 31 (8.38%) Equities
5 29 (7.84%) Fixed Income
5 29 (7.84%) Hedge funds
6 14 (3.78%) Public Cloud
7 9 (2.43%) Enterprise Software
8 8 (2.16%) Data Protection Act
9 6 (1.62%) Self-Motivation
10 5 (1.35%) Mobile App
11 3 (0.81%) Analytical Mindset
11 3 (0.81%) Virtual Team
12 2 (0.54%) Cyber Threat
12 2 (0.54%) Educational Technology
12 2 (0.54%) FMCG
12 2 (0.54%) Greenfield Project
12 2 (0.54%) Onboarding
12 2 (0.54%) Reference Data
12 2 (0.54%) Security Posture
Operating Systems
1 24 (6.49%) Apple iOS
2 2 (0.54%) Android
3 1 (0.27%) Embedded Linux
3 1 (0.27%) Linux
Processes & Methodologies
1 285 (77.03%) Agile
2 224 (60.54%) Roadmaps
3 153 (41.35%) Product Roadmap
4 129 (34.86%) User Stories
5 116 (31.35%) Scrum
6 115 (31.08%) Product Backlog
7 79 (21.35%) Artificial Intelligence
8 77 (20.81%) Acceptance Criteria
9 72 (19.46%) Backlog Prioritisation
10 69 (18.65%) Product Vision
11 65 (17.57%) Machine Learning
12 64 (17.30%) Epics
13 63 (17.03%) Backlog Management
14 61 (16.49%) Product Strategy
14 61 (16.49%) Stakeholder Management
15 59 (15.95%) Analytics
16 58 (15.68%) User Experience
17 55 (14.86%) Product Management
18 54 (14.59%) Problem-Solving
19 40 (10.81%) Project Management
Programming Languages
1 36 (9.73%) SQL
2 7 (1.89%) Python
3 1 (0.27%) C#
3 1 (0.27%) C++
3 1 (0.27%) Java
3 1 (0.27%) JavaScript
3 1 (0.27%) MATLAB
3 1 (0.27%) PHP
Qualifications
1 30 (8.11%) Degree
2 5 (1.35%) CSPO
2 5 (1.35%) Microsoft Certification
2 5 (1.35%) SAFe Agilist
3 4 (1.08%) Computer Science Degree
3 4 (1.08%) DBS Check
3 4 (1.08%) SC Cleared
3 4 (1.08%) Security Cleared
4 2 (0.54%) Master's Degree
4 2 (0.54%) MCAD
5 1 (0.27%) Numerate Degree
Quality Assurance & Compliance
1 11 (2.97%) Accessibility
2 10 (2.70%) MiFID
3 8 (2.16%) EMIR
4 7 (1.89%) QA
5 4 (1.08%) GDPR
6 3 (0.81%) WCAG
7 2 (0.54%) Data Quality
8 1 (0.27%) GxP
8 1 (0.27%) Sarbanes-Oxley
System Software
1 3 (0.81%) IAG
Systems Management
1 1 (0.27%) EMC NetWorker
1 1 (0.27%) Grafana
Vendors
1 30 (8.11%) Microsoft
2 11 (2.97%) Atlassian
3 8 (2.16%) Google
4 6 (1.62%) IBM
4 6 (1.62%) Oracle
4 6 (1.62%) Salesforce
5 5 (1.35%) SAP
6 4 (1.08%) ServiceNow
6 4 (1.08%) Siemens
7 2 (0.54%) Siebel
7 2 (0.54%) Sitecore
7 2 (0.54%) webMethods
8 1 (0.27%) Adobe
8 1 (0.27%) Cadence
8 1 (0.27%) Informatica
8 1 (0.27%) Murex
8 1 (0.27%) Remedy
8 1 (0.27%) Sage
8 1 (0.27%) Splunk
8 1 (0.27%) TOWER Software