Product Owners
Overview
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
Median Salary
Employment Prospects
Minimum Education Level
Experience
Skills
Personality Traits
Earnings
Agile product owners earned salaries that ranged from $122,622 to $181,743 in March 2025, according to Salary.com. They received an average annual salary of $149,497.
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-sa...
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
In 2025, the digital skills provider, Simplilearn, reported that the product owner profession was poised for growth during the mid-2020s, stating: "The following years will lead to an increase in remote product ownership. People will collaborate more with global teams and leverage their diverse experiences to produce better products. Product ownership will become even more customer-centric, boo...