The Certified Scrum Product Owner® (CSPO®) certification offered by the Scrum Alliance® is among the most sought after credentials in the world of Scrum. The Product Owner’s role is critical to the success of the Scrum team, and therefore organizations look for professionals with the knowledge and skills needed to add the right value to the product.
In today’s scenario, when we are in the middle of a pandemic and employment crisis is looming large, a question that would plague most of us is about the CSPO certification value. Is the CSPO certification salary in India worth the cost you invest in getting trained?
In this blog, we attempt to shed light on the average salary that you would earn on gaining the CSPO certification based on various parameters including city, experience and designation.
Scrum professionals have an average annual base salary of $100,500. Moreover, 55 percent saw an increase in their annual base salary from 2016 to 2017.—Scrum Alliance Salary Survey
The CSPO credential is well recognised all over the globe. Your salary depends largely on the country you work in.
|Country||Currency||Avg. Salary per annum|
|United States of America||USD||105,521|
The CSPO salary in India ranges from INR 2m to INR 5m per year for the designation of a Product Owner.
As Scrum practitioners’ years of Scrum related experience increase, so does their average annual base salary-- Scrum Alliance Salary Survey
In general, the average annual base salary for an individual just beginning their career in Scrum rose in 2017-- Scrum Alliance Salary Survey
This table shows the rise in salary that can be expected with increasing years of experience.
|Years of Experience||Avg. Salary range per annum (in USD)|
|< 1||66,000 - 75,000|
|1-4||75,000 - 83,000|
|5-9||91,000 - 100,000|
|10-19||97,000 - 109,000|
|20+||100,000 - 108,000|
Scrum practitioners who start as entry level professionals can gain more advanced certifications over the years, and go on to executive director or project management roles.
Here’s an indication of the average salary earned by CSPO certified professionals based on their designation.
|Designation||Avg. Salary range per annum (in USD)|
|Product Owner||60,000 - 119,000|
|Operations Manager||43,000 - 105,000|
|Project Manager||49,000 – 113,000|
|Software Engineer||62,000 – 128,000|
|Executive Director||45,000 - 170,000|
|Senior Business Analyst||64,000 - 115,000|
According to the Scrum Alliance Salary Survey of 2018, a professional’s age, experience and number of certifications all contribute to the salary earned. The average salary of a CSPO is around USD 105,521 per annum.
A question most Scrum professionals have is, which is a better credential for a product owner: the CSPO or the PSPO?
This table shows some of the salient differences between the two certifications.
|CSPO is offered through Scrum Alliance.||PSPO is offered through Scrum.org.|
|CSPO candidates are required to take a mandatory 2-day training given by a Certified Scrum Trainer.||For PSPO you need not undertake a formal training course in order to attend the exam.|
|At present, there is no exam associated with this credential.||Candidates have to pass a rigorous certification exam to attain the credential.|
|To keep the credential in good standing, a CSPO must log in 20 SEUs every two years, and pay a renewal fee of $100.||The PSPO credential never has to be renewed and has a lifetime validity.|
The CSM® certification helps you perform the role of a servant leader by gaining the skills needed to be an effective Scrum Master. The average Certified ScrumMaster® salary is $91,588/ year, while experienced professionals with the CSM certification can earn up to 107,000 - 118,000 USD on an average.
Product Owners are the all-important connection between the Scrum team and the stakeholders. They can ensure that the right product is delivered by projecting the vision of the stakeholders aptly to the development team. The CSPO credential is a reflection of expertise in Product Owner skills.
But apart from gaining Scrum skills, a product owner should also nurture the following soft skills to become an indispensable resource.
As a CSPO, you can have the following designations:
Depending on the size of the company, CEOs can make from $122,107 to $678,008 a year.
There are no prerequisites for pursuing the CSPO certification, and any professional, regardless of their level of expertise, can attend the CSPO training course.
To become a CSPO, you need to:
According to Scrum Alliance’s Salary Survey of 2018, CSPO salaries increase by approximately $2,000 for three to five years of Scrum practice, and approximately $12,500 for five to seven years of experience in the role of a PO.
Scrum is still a growing field and there are hundreds of organizations across the globe that are looking for Certified Scrum Product Owners who can bring in their expertise and help the organization flourish. This is a great time for you to invest in the CSPO certification and embark on a successful career.
Disclaimer: All the statistics mentioned above are accurate as of February 2021.