logo
The average monthly net salary in Latvia is
2,000
3,000
4,000
 
10% earn less 1,417 EUR
10% earns more 4,216 EUR
Compare your salary with others
The displayed value presents total net salary in the whole Latvia. Salary amount is influenced by bonuses, regions and many other factors.

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

The job position is
in the salary ranking on

Women representation in position

Average age of respondent in position

452. place

Seamstress

Textile, Leather, Apparel Industry

Salary group 1

440 - 804 EUR

26. place

C++ Programmer

Information Technology

Salary group 2

1,585 - 4,090 EUR

25. place

Product owner

Management

Salary group 2

1,417 - 4,216 EUR

24. place

Country Manager/Director

Top Management

Salary group 2

1,337 - 4,483 EUR

1. place

Pilot

Transport, Haulage, Logistics

Salary group 3

1,357 - 8,971 EUR

Is this salary range too huge?

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

Compare your salary with others

Get detailed information on salaries in your country

Setting the salary for employees
professional report icon

Pro

Salary report for the company

118.80 EUR*

* incl. VAT / 99.00 EUR excl. VAT

Order the report

Sample of the report →

  • Salary on the position by region, education, work experience, company size, age group
  • Total renumeration and its components (variable part, commissions, rewards)
  • Distribution of respondents into salary ranges
  • Salary range expressed by the 1st decile, 1st quartile, median, 3rd quartile, 9th decile, and average wage
  • Detailed breakdown of all monitored non-financial benefits provided
  • Analysis of financial benefits