The median Product Owner daily rate in Cambridge is £410 according to job vacancies posted during the 6 months to 11 May 2024.
The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.
|
6 months to 11 May 2024 |
Same period 2023 |
Same period 2022 |
Rank |
29 |
33 |
42 |
Rank change year-on-year |
+4 |
+9 |
- |
Contract jobs requiring a Product Owner |
5 |
3 |
1 |
As % of all contract jobs advertised in Cambridge |
2.53% |
1.08% |
0.30% |
As % of the Job Titles category |
2.75% |
1.14% |
0.33% |
Number of daily rates quoted |
5 |
3 |
0 |
10th Percentile |
£387 |
£453 |
- |
25th Percentile |
£405 |
£456 |
- |
Median daily rate (50th Percentile) |
£410 |
£475 |
- |
Median % change year-on-year |
-13.68% |
- |
- |
75th Percentile |
£415 |
£491 |
- |
90th Percentile |
£421 |
£493 |
- |
Cambridgeshire median daily rate |
£410 |
£475 |
- |
% change year-on-year |
-13.68% |
- |
- |
The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Cambridge. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.
Contract vacancies in Cambridge with a recognized job title |
182 |
263 |
305 |
% of contract IT jobs with a recognized job title |
91.92% |
94.27% |
91.32% |
Number of daily rates quoted |
107 |
185 |
199 |
10th Percentile |
£231 |
£185 |
£313 |
25th Percentile |
£350 |
£350 |
£410 |
Median daily rate (50th Percentile) |
£450 |
£475 |
£475 |
Median % change year-on-year |
-5.26% |
- |
+15.15% |
75th Percentile |
£550 |
£550 |
£538 |
90th Percentile |
£643 |
£600 |
£625 |
Cambridgeshire median daily rate |
£450 |
£450 |
£450 |
% change year-on-year |
- |
- |
+12.22% |
Number of hourly rates quoted |
29 |
14 |
15 |
10th Percentile |
£21.10 |
£16.09 |
£14.73 |
25th Percentile |
£25.00 |
£17.50 |
£16.52 |
Median hourly rate |
£52.50 |
£19.11 |
£57.00 |
Median % change year-on-year |
+174.73% |
-66.47% |
+186.22% |
75th Percentile |
£66.25 |
£53.44 |
£58.75 |
90th Percentile |
£75.00 |
£53.75 |
£74.50 |
Cambridgeshire median hourly rate |
£16.30 |
£15.50 |
£13.66 |
% change year-on-year |
+5.16% |
+13.47% |
-0.65% |