logo
Gross salary in Micronesia is
1,000
2,000
3,000
 
10% earn less 827 USD
10% earns more 3,515 USD
Compare your salary for free
The displayed value has just informative character. Compare your salary with others to see more detailed information.

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.

For companies – be confident when making decisions about salaries

Set the salaries of your employees fairly. A detailed salary report will help you to do this. You will always have relevant salary data to hand.

Try the Salary Tool for free

The most common career path of an employee

The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.

Position Product owner - Management in the labour market

In the salary ranking,
the job position takes

Women representation in position

Average age of respondent by position

813. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

354 - 747 USD

44. place

Mobile Network Development Specialist

Telecommunications

Salary group 2

1,146 - 3,045 USD

43. place

Product owner

Management

Salary group 2

827 - 3,515 USD

42. place

Radio Network Optimization Specialist

Telecommunications

Salary group 2

1,162 - 3,053 USD

1. place

Chief Executive Officer

Top Management

Salary group 3

1,400 - 6,588 USD

Is this salary range too huge?

You can find out the average salary by filling out a short questionnaire

Compare your salary for free

Get detailed information on salaries in your country

Set fair employee remuneration
professional report icon

Pro

Salary report for the company

118.80 EUR*

Approximately 125.48 USD

* incl. VAT / 99.00 EUR excl. VAT

Order the report

Sample of the report →

  • Salary on position by region*, education, practice, business size
  • Total salary and its components* (variable component, commissions, rewards)
  • Responder distribution to payroll
  • Salary ranges expressed by 1st decile, 1st quartile, median, 3rd quartile, 9th decile, and average wage.
  • Detailed breakdown of all monitored non-financial benefits provided*
  • Financial benefit analysis*
  • * available when regression model is used