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Owner, consultant vs product owner

The differences between owner, consultants and product owners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an owner, consultant, becoming a product owner takes usually requires 8-10 years. Additionally, an owner, consultant has an average salary of $112,696, which is higher than the $97,070 average annual salary of a product owner.

The top three skills for an owner, consultant include website development, financial statements and healthcare. The most important skills for a product owner are user stories, acceptance criteria, and product backlog.

Owner, consultant vs product owner overview

Owner, ConsultantProduct Owner
Yearly salary$112,696$97,070
Hourly rate$54.18$46.67
Growth rate11%10%
Number of jobs112,178129,990
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 67%
Average age4439
Years of experience410

Owner, consultant vs product owner salary

Owner, consultants and product owners have different pay scales, as shown below.

Owner, ConsultantProduct Owner
Average salary$112,696$97,070
Salary rangeBetween $78,000 And $162,000Between $71,000 And $130,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-ORIX USA
Best paying industry-Manufacturing

Differences between owner, consultant and product owner education

There are a few differences between an owner, consultant and a product owner in terms of educational background:

Owner, ConsultantProduct Owner
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityUniversity of Georgia

Owner, consultant vs product owner demographics

Here are the differences between owner, consultants' and product owners' demographics:

Owner, ConsultantProduct Owner
Average age4439
Gender ratioMale, 63.8% Female, 36.2%Male, 64.3% Female, 35.7%
Race ratioBlack or African American, 8.6% Unknown, 4.5% Hispanic or Latino, 9.3% Asian, 9.7% White, 67.6% American Indian and Alaska Native, 0.2%Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage12%10%

Differences between owner, consultant and product owner duties and responsibilities

Owner, consultant example responsibilities.

  • Manage initial development of disaster heat mapping and data visualization solution for a large NYC hospital.
  • Provide review and edit of Medicare TPA policies and procedures.
  • Wash windows, clean floors, remove trash, and perform related duties.
  • Perform project management for a project regarding legal implications for the state of Tennessee in regard to Medicare.
  • Conduct post implementation audits to ensure ERP applications, databases, and reports are functioning on an optimal level.
  • Direct all purchasing activities including new supplier development and use of PEDYN ERP software to issue PO s and track costs.
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Product owner example responsibilities.

  • Manage remote teams to port core and legacy components into AWS.
  • Manage a global team to create Java base EDI / XML / XSL mapping suite.
  • Gather and define requirements for the BSS require to operate and manage the SaaS offerings.
  • Serve as technical contact for affiliate partners during API integration and create and manage API documentation.
  • Manage the team to redesign the Java base desktop trading community management product to a web base portal.
  • Used Microsoft TFS to manage project phases, sprints and burn down chart of various stages of SDLC.
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Owner, consultant vs product owner skills

Common owner, consultant skills
  • Website Development, 14%
  • Financial Statements, 10%
  • Healthcare, 5%
  • Regulatory Compliance, 5%
  • Database, 5%
  • Windows, 4%
Common product owner skills
  • User Stories, 10%
  • Acceptance Criteria, 7%
  • Product Backlog, 5%
  • Analytics, 5%
  • Product Management, 4%
  • EPICS, 4%

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