Product Owner Contracts in Central London

Product Owner
London > Central London

The median Product Owner daily rate in Central London is £594 according to job vacancies posted during the 6 months to 4 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
4 May 2024
Same period 2023 Same period 2022
Rank 106 159 163
Rank change year-on-year +53 +4 -44
Contract jobs requiring a Product Owner 27 13 34
As % of all contract jobs advertised in Central London 1.12% 0.34% 0.75%
As % of the Job Titles category 1.17% 0.35% 0.79%
Number of daily rates quoted 12 10 30
10th Percentile - £445 £363
25th Percentile £481 £533 £503
Median daily rate (50th Percentile) £594 £700 £550
Median % change year-on-year -15.18% +27.27% -
75th Percentile £697 £747 £627
90th Percentile £725 £751 £703
London median daily rate £600 £600 £575
% change year-on-year - +4.35% +9.52%

All Contract IT Job Vacancies
Central London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Central London. 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 Central London with a recognized job title 2,302 3,663 4,303
% of contract IT jobs with a recognized job title 95.32% 95.27% 94.34%
Number of daily rates quoted 1,641 2,508 3,274
10th Percentile £350 £325 £363
25th Percentile £450 £463 £463
Median daily rate (50th Percentile) £550 £588 £560
Median % change year-on-year -6.38% +4.91% +6.67%
75th Percentile £688 £725 £675
90th Percentile £800 £813 £763
London median daily rate £550 £575 £575
% change year-on-year -4.35% - +9.52%
Number of hourly rates quoted 31 27 51
10th Percentile £19.92 £15.50 £13.88
25th Percentile £21.63 £19.36 £18.50
Median hourly rate £25.00 £35.00 £37.00
Median % change year-on-year -28.57% -5.41% +105.84%
75th Percentile £27.81 £58.75 £51.25
90th Percentile £40.00 £86.32 £65.75
London median hourly rate £27.50 £35.50 £35.00
% change year-on-year -22.54% +1.43% +9.38%

Product Owner
Job Vacancy Trend in Central London

Job postings that featured Product Owner in the job title as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Product Owner in Central London

Product Owner
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Product Owner in Central London.

Daily rate trend for Product Owner in Central London

Product Owner
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Product Owner in Central London over the 6 months to 4 May 2024.

Daily rate histogram for Product Owner in Central London

Product Owner
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Owner within the Central London region over the 6 months to 4 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
City of London +64 26 £594 -15.18% 6
Product Owner
London

Product Owner Skill Set
Top 30 Co-occurring Skills and Capabilities in Central London

For the 6 months to 4 May 2024, Product Owner contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Central London region featuring Product Owner in the job title.

1 24 (88.89%) Product Ownership
2 20 (74.07%) Agile
3 12 (44.44%) Azure
3 12 (44.44%) Social Skills
4 11 (40.74%) Backlog Prioritisation
4 11 (40.74%) User Stories
5 10 (37.04%) Business Case
6 9 (33.33%) Scrum
6 9 (33.33%) Problem-Solving
6 9 (33.33%) Workflow
6 9 (33.33%) Finance
6 9 (33.33%) Stakeholder Management
7 8 (29.63%) Strategic Thinking
7 8 (29.63%) Acceptance Criteria
7 8 (29.63%) Product Backlog
8 7 (25.93%) Backlog Refinement
8 7 (25.93%) Sprint Planning
8 7 (25.93%) Product Requirements
8 7 (25.93%) Roadmaps
8 7 (25.93%) Translating Business Requirements
9 6 (22.22%) DevOps
9 6 (22.22%) Workshop Facilitation
9 6 (22.22%) Azure DevOps
9 6 (22.22%) Creative Problem-Solving
9 6 (22.22%) Confluence
9 6 (22.22%) User Acceptance Testing
9 6 (22.22%) Kanban
9 6 (22.22%) Customer Experience
9 6 (22.22%) Product Strategy
9 6 (22.22%) Product Vision

Product Owner Skill Set
Co-occurring Skills and Capabilities in Central London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 6 (22.22%) Confluence
2 4 (14.81%) Adobe Experience Manager
3 2 (7.41%) CMS
Business Applications
1 3 (11.11%) Fidessa
Cloud Services
1 12 (44.44%) Azure
2 6 (22.22%) Azure DevOps
3 4 (14.81%) SaaS
4 1 (3.70%) Azure Service Bus
4 1 (3.70%) Azure Stack
Database & Business Intelligence
1 1 (3.70%) Big Data
1 1 (3.70%) Data Warehouse
Development Applications
1 2 (7.41%) JIRA
2 1 (3.70%) Team Foundation Server
General
1 12 (44.44%) Social Skills
2 9 (33.33%) Finance
3 4 (14.81%) Presentation Skills
4 2 (7.41%) Banking
4 2 (7.41%) Corporate Banking
4 2 (7.41%) Investment Banking
4 2 (7.41%) Retail
4 2 (7.41%) Retail Banking
5 1 (3.70%) Back Office
5 1 (3.70%) Digital Health
5 1 (3.70%) Digital Healthcare
5 1 (3.70%) Health Technology
5 1 (3.70%) Public Sector
Libraries, Frameworks & Software Standards
1 1 (3.70%) .NET
Miscellaneous
1 24 (88.89%) Product Ownership
2 1 (3.70%) Public Cloud
2 1 (3.70%) Self-Motivation
Processes & Methodologies
1 20 (74.07%) Agile
2 11 (40.74%) Backlog Prioritisation
2 11 (40.74%) User Stories
3 10 (37.04%) Business Case
4 9 (33.33%) Problem-Solving
4 9 (33.33%) Scrum
4 9 (33.33%) Stakeholder Management
4 9 (33.33%) Workflow
5 8 (29.63%) Acceptance Criteria
5 8 (29.63%) Product Backlog
5 8 (29.63%) Strategic Thinking
6 7 (25.93%) Backlog Refinement
6 7 (25.93%) Product Requirements
6 7 (25.93%) Roadmaps
6 7 (25.93%) Sprint Planning
6 7 (25.93%) Translating Business Requirements
7 6 (22.22%) DevOps
7 6 (22.22%) Kanban
7 6 (22.22%) User Acceptance Testing
7 6 (22.22%) Workshop Facilitation
Qualifications
1 2 (7.41%) Degree
Quality Assurance & Compliance
1 1 (3.70%) QA
System Software
1 4 (14.81%) Active Directory
Vendors
1 4 (14.81%) Adobe
1 4 (14.81%) Microsoft
2 1 (3.70%) Salesforce