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


Median Salary

$149,497

Employment Prospects

Good

Minimum Education Level

Bachelors Degree


Experience

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


Skills

Leadership|Business Management|Organizational


Personality Traits

Hands On|Outgoing|Problem-Solving

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...

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