Period
to 6 June 2020

The median annual salary for a Product Owner was £60,000 in advertised job vacancies during the 6 months to 6 June 2020.

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
6 Jun 2020
Same period 2019 Same period 2018
Rank 450 471 641
Rank change year-on-year +21 +170 +109
Permanent jobs requiring a Product Owner 484 878 663
As % of all permanent jobs advertised in the UK 0.56% 0.61% 0.38%
As % of the Job Titles category 0.59% 0.64% 0.40%
Number of salaries quoted 432 731 579
Median annual salary £60,000 £55,000 £52,500
Median salary % change year-on-year +9.09% +4.76% +0.96%
10th Percentile £39,750 £37,450 £36,250
90th Percentile £95,000 £81,250 £75,000
UK excluding London median annual salary £50,000 £50,000 £47,500
% change year-on-year - +5.26% -1.04%

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 82,408 137,994 166,782
% of permanent IT jobs with a recognized job title 95.20% 95.96% 96.35%
Number of salaries quoted 66,025 109,657 135,534
Median annual salary £54,000 £50,000 £50,000
Median salary % change year-on-year +8.00% - +5.26%
10th Percentile £30,500 £28,250 £27,500
90th Percentile £87,500 £85,000 £80,000
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 6 June 2020.

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 6 June 2020. 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 +31 465 £60,000 +9.09% 8
London +15 249 £67,500 +8.00% 2
UK excluding London +44 228 £50,000 - 7
South East +84 88 £51,233 -2.41% 3
North of England +73 66 £48,500 +8.45% 2
North West +66 38 £47,500 +5.56% 1
Yorkshire +69 25 £49,500 +26.92% 1
South West +65 25 £47,500 +5.56%
Midlands +86 23 £52,500 +1.94%
West Midlands +70 18 £55,000 -
Work from Home +34 16 £42,500 -15.42% 2
East of England +22 14 £55,000 -8.33% 1
Scotland +47 8 £52,500 -4.98% 1
East Midlands +54 5 £37,500 -23.08%
North East +15 3 £42,000 -6.08%
Wales +1 3 £79,000 +62.05%
Northern Ireland +17 1 £39,000 -25.71%

Product Owner Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 6 June 2020, 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.

1 353 (72.93%) Agile Software Development
2 151 (31.20%) User Stories
3 146 (30.17%) Scrum
4 135 (27.89%) Product Roadmap
5 114 (23.55%) Finance
6 107 (22.11%) User Experience
7 93 (19.21%) Product Backlog
8 81 (16.74%) Product Management
9 80 (16.53%) Backlog Management
10 74 (15.29%) Business Analysis
11 72 (14.88%) Acceptance Criteria
12 68 (14.05%) Fintech
13 67 (13.84%) Backlog Prioritisation
13 67 (13.84%) Marketing
14 63 (13.02%) Analytical Skills
15 62 (12.81%) Stakeholder Management
16 55 (11.36%) JIRA
17 52 (10.74%) QA
18 47 (9.71%) Requirements Gathering
19 43 (8.88%) Analytics
20 40 (8.26%) Azure
21 39 (8.06%) Degree
21 39 (8.06%) Epics
22 37 (7.64%) Project Delivery
22 37 (7.64%) SaaS
23 36 (7.44%) Problem-Solving
24 35 (7.23%) Confluence
25 34 (7.02%) Retail
26 33 (6.82%) Banking
26 33 (6.82%) Mobile App

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 35 (7.23%) Confluence
2 13 (2.69%) SharePoint
3 10 (2.07%) CMS
4 2 (0.41%) SAS
5 1 (0.21%) Cloud Foundry
Applications
1 12 (2.48%) Microsoft Excel
2 9 (1.86%) Chatbot
2 9 (1.86%) MS Visio
3 8 (1.65%) Microsoft Office
4 7 (1.45%) Microsoft PowerPoint
5 5 (1.03%) InfoPath
6 2 (0.41%) Microsoft Project
Business Applications
1 16 (3.31%) Front Arena
1 16 (3.31%) thinkFolio
2 4 (0.83%) SAP Hybris
3 3 (0.62%) Dynamics AX
4 1 (0.21%) Dynamics CRM
4 1 (0.21%) Salesforce.com CRM
4 1 (0.21%) Social Studio
4 1 (0.21%) Sprinklr
Cloud Services
1 40 (8.26%) Azure
2 37 (7.64%) SaaS
3 15 (3.10%) AWS
4 8 (1.65%) Dynamics 365
4 8 (1.65%) PaaS
5 6 (1.24%) IaaS
6 5 (1.03%) Office 365
7 4 (0.83%) GCP
7 4 (0.83%) Google Analytics
8 3 (0.62%) Adobe Analytics
9 2 (0.41%) Google Container Engine
9 2 (0.41%) Trello
10 1 (0.21%) CloudBees
10 1 (0.21%) OpenShift
10 1 (0.21%) Power Platform
10 1 (0.21%) PowerApps
Communications & Networking
1 11 (2.27%) Internet
2 6 (1.24%) Intranet
3 4 (0.83%) Skype
4 3 (0.62%) Link 11
4 3 (0.62%) SMS
4 3 (0.62%) Tactical Data Link
5 2 (0.41%) Broadband
6 1 (0.21%) MPLS
6 1 (0.21%) Network Security
6 1 (0.21%) WAN
Database & Business Intelligence
1 9 (1.86%) Data Warehouse
2 7 (1.45%) Big Data
3 6 (1.24%) Blockchain
4 1 (0.21%) Power BI
4 1 (0.21%) Relational Database
Development Applications
1 55 (11.36%) JIRA
2 4 (0.83%) Team Foundation Server
2 4 (0.83%) Visual Studio Team System
3 2 (0.41%) Balsamiq
3 2 (0.41%) Visual Studio
4 1 (0.21%) Artifactory
4 1 (0.21%) Bitbucket
4 1 (0.21%) Git (software)
4 1 (0.21%) Jenkins
4 1 (0.21%) Rational Team Concert
4 1 (0.21%) Subversion
4 1 (0.21%) TeamCity
General
1 114 (23.55%) Finance
2 67 (13.84%) Marketing
3 34 (7.02%) Retail
4 33 (6.82%) Banking
5 18 (3.72%) Games
6 15 (3.10%) Law
7 10 (2.07%) Legal
8 7 (1.45%) Advertising
9 5 (1.03%) Aerospace
9 5 (1.03%) Publishing
10 2 (0.41%) Automotive
10 2 (0.41%) Back Office
10 2 (0.41%) Local Government
10 2 (0.41%) Public Sector
10 2 (0.41%) Retail Banking
11 1 (0.21%) Financial Institution
11 1 (0.21%) Manufacturing
11 1 (0.21%) Telecoms
Libraries, Frameworks & Software Standards
1 13 (2.69%) HTML
2 9 (1.86%) CSS
2 9 (1.86%) JSON
3 7 (1.45%) RESTful
4 5 (1.03%) .NET
4 5 (1.03%) XML
5 3 (0.62%) Natural Language Processing
6 2 (0.41%) Android SDK
6 2 (0.41%) iOS SDK
6 2 (0.41%) LDAP
6 2 (0.41%) OAuth
6 2 (0.41%) OAuth2
6 2 (0.41%) OpenID
6 2 (0.41%) SAML
6 2 (0.41%) Velocity
7 1 (0.21%) ASP.NET
7 1 (0.21%) MFC
7 1 (0.21%) WCF
7 1 (0.21%) Web Services
7 1 (0.21%) WPF
Miscellaneous
1 107 (22.11%) User Experience
2 63 (13.02%) Analytical Skills
3 33 (6.82%) Mobile App
4 18 (3.72%) Foreign Exchange (FX)
5 17 (3.51%) Hedge funds
6 16 (3.31%) Derivative
6 16 (3.31%) Equities
6 16 (3.31%) Exotic Derivative
6 16 (3.31%) Fixed Income
6 16 (3.31%) OTC Derivatives
7 15 (3.10%) Enterprise Software
8 12 (2.48%) Online Games
9 8 (1.65%) Self-Motivation
10 7 (1.45%) Management Information System
11 6 (1.24%) Social Gaming
11 6 (1.24%) Virtual Team
12 4 (0.83%) e-Learning
12 4 (0.83%) Greenfield Project
12 4 (0.83%) Mobile Banking
12 4 (0.83%) Social Media
Operating Systems
1 6 (1.24%) Android
1 6 (1.24%) Apple iOS
2 3 (0.62%) Windows
3 1 (0.21%) Windows 10
3 1 (0.21%) Windows Server
Processes & Methodologies
1 353 (72.93%) Agile Software Development
2 151 (31.20%) User Stories
3 146 (30.17%) Scrum
4 135 (27.89%) Product Roadmap
5 93 (19.21%) Product Backlog
6 81 (16.74%) Product Management
7 80 (16.53%) Backlog Management
8 74 (15.29%) Business Analysis
9 72 (14.88%) Acceptance Criteria
10 68 (14.05%) Fintech
11 67 (13.84%) Backlog Prioritisation
12 62 (12.81%) Stakeholder Management
13 47 (9.71%) Requirements Gathering
14 43 (8.88%) Analytics
15 39 (8.06%) Epics
16 37 (7.64%) Project Delivery
17 36 (7.44%) Problem-Solving
18 33 (6.82%) Wireframes
19 32 (6.61%) Decision-Making
19 32 (6.61%) Sprint Planning
Programming Languages
1 15 (3.10%) SQL
2 10 (2.07%) Java
3 9 (1.86%) C
4 7 (1.45%) JavaScript
5 2 (0.41%) C#
5 2 (0.41%) C++
5 2 (0.41%) PHP
5 2 (0.41%) Python
6 1 (0.21%) Delphi
6 1 (0.21%) sed
Qualifications
1 39 (8.06%) Degree
2 10 (2.07%) CSPO
3 9 (1.86%) SC Cleared
3 9 (1.86%) Security Cleared
4 3 (0.62%) Computer Science Degree
5 1 (0.21%) Six Sigma Yellow Belt
Quality Assurance & Compliance
1 52 (10.74%) QA
2 9 (1.86%) Actionable Recommendations
3 6 (1.24%) PMO
4 4 (0.83%) GMP
4 4 (0.83%) PSD2
5 2 (0.41%) Data Quality
5 2 (0.41%) Sarbanes-Oxley
6 1 (0.21%) EMIR
6 1 (0.21%) ISO/IEC 27001
6 1 (0.21%) MiFID
6 1 (0.21%) NCSC
6 1 (0.21%) PCI DSS
System Software
1 1 (0.21%) Active Directory
1 1 (0.21%) Hyper-V
Systems Management
1 3 (0.62%) Kubernetes
2 1 (0.21%) Ansible
2 1 (0.21%) Consul
2 1 (0.21%) Microsoft Intune
2 1 (0.21%) Opscode Chef
2 1 (0.21%) Puppet
2 1 (0.21%) SCCM
2 1 (0.21%) Terraform
Vendors
1 20 (4.13%) Microsoft
2 16 (3.31%) Calypso
2 16 (3.31%) Charles River
2 16 (3.31%) Eze Software Group
2 16 (3.31%) Fidessa
2 16 (3.31%) Murex
2 16 (3.31%) SimCorp
3 10 (2.07%) Salesforce.com
4 8 (1.65%) Google
5 7 (1.45%) Adobe
5 7 (1.45%) SAP
6 5 (1.03%) hybris
6 5 (1.03%) IBM
7 4 (0.83%) ATG
7 4 (0.83%) Atlassian
7 4 (0.83%) FIS
7 4 (0.83%) Oracle
7 4 (0.83%) WorldPay
8 2 (0.41%) Pardot
9 1 (0.21%) Salesforce Marketing Cloud