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Management

Product owner

The average monthly net salary in Latvia is
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80% of people earn:
1,674 - 3,808 EUR
10% earn less lthan 1,674 EUR
10% earns more than 3,808 EUR

Salaries in the survey are expressed in net.

Based on the Algas.lv salary survey, 80% of people on the Product owner position in the Latvia earn between 1,674 EUR and 3,808 EUR monthly net.

10% of employees earn less than 1,674 EUR and 10% of people earn more than 3,808 EUR.

The survey is based on data from employees, cleaned of extreme and duplicate values.

Description of job position

  • Strategy and Vision: Develop and communicate a clear product vision and strategy to the development team, stakeholders, and senior management.
  • Product Backlog Management: Create, prioritize, and manage the product backlog, ensuring that it is well-groomed, refined, and ready for development.
  • Requirement Gathering: Collaborate with stakeholders, customers, and users to understand their needs and gather requirements, translating them into clear user stories and acceptance criteria.
  • Agile Planning and Execution: Participate in agile ceremonies such as sprint planning, backlog grooming, and daily stand-ups, ensuring that the team is working efficiently and delivering value in each sprint.
  • Release Management: Coordinate and manage the release process, ensuring that product increments are delivered on time and meet quality standards.
  • Cross-functional Collaboration: Work closely with development teams, UX/UI designers, quality assurance, and other stakeholders to define and deliver high-quality products that align with business objectives.
  • Stakeholder Management: Engage and manage relationships with internal and external stakeholders, addressing their concerns, gathering feedback, and keeping them informed about the product's progress.
  • Product Documentation: Create and maintain product documentation, including user guides, release notes, and other relevant materials to support the product's adoption and usage.
  • Market and Competitive Analysis: Conduct market research and competitive analysis to identify trends, opportunities, and potential product enhancements that can give the organization a competitive edge.
  • Continuous Improvement: Actively seek feedback from users and stakeholders, monitor product performance and metrics, and identify areas for improvement, driving continuous product enhancements and optimization.

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Position: Product owner - Management

The job position is
in the salary ranking on

59 place

Women representation in position

54%

Average age of respondent in position

46

663. place

General Labourer

General labour

Salary group 1

507 - 1,479 EUR

60. place

Doctor

Medicine & Social Care

Salary group 2

1,204 - 4,291 EUR

59. place

Product owner

Management

Salary group 2

1,674 - 3,808 EUR

58. place

Web Designer

Information Technology

Salary group 2

1,225 - 3,623 EUR

1. place

Pilot

Transport, Haulage, Logistics

Salary group 3

2,427 - 8,828 EUR

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