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Product Owners


Overview

Product Owners

Introduction

Product owners are key members of software development teams that use the Agile methodology, an iterative approach to project management. Scrum is the most-popular development process (or framework) within the Agile methodology. It is a “lightweight framework that helps people, teams, and organizations generate value through adaptive solutions for complex problems,” according to the Scrum Guide: The Definitive Guide to Scrum-The Rules of the Game, which was written by Ken Schwaber and Jeff Sutherland—the co-developers of Sc...

Quick Facts


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Median Salary

$108,835

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Employment Prospects

Good

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Minimum Education Level

Bachelor's Degree


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Experience

Several years of experience as an Agile coach, Scrum master, or s
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Skills

Leadership
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Personality Traits

Hands On
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Earnings

Product owners earned salaries that ranged from $99,734 to $117,949 in June 2021, according to Salary.com. They received an average annual salary of $108,835.

Product owners receive benefits such as paid vacation and sick days, health and life insurance, and access to a savings and pension program. Some receive bonuses, access to profit-sharing programs, and other non-salary–rel...

Work Environment

Product owners typically work a standard 40-hour-week, Monday through Friday, although they may have to also meet with team members and customers at night and on weekends.

Product owners serve as the liaison between the customer and the Scrum team. As a result, they are in frequent communication with both groups, and may regularly travel to the customer’s headquarters for meetings. This ...

Outlook

The career of product owner was included in a recent Emerging Jobs Report from LinkedIn that identified fast-growing careers and the cities where demand was best. LinkedIn says that the best opportunities for product owners are found in Atlanta, Boston, Chicago, New York, and the San Francisco Bay Area. Additionally, the staffing firm Robert Half Technology featured Agile and Scrum on ...

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