The table below looks at the statistics for the Product Manager role in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Product Manager in their job title over the 3 months to 23 October 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
23 Oct 2014
Same period 2013 Same period 2012
Product Manager
Rank 194 201 193
Rank change year-on-year
+7 -8
Contract jobs requiring a Product Manager 10 24 25
As % of all contract IT jobs located in the City of London 0.17% 0.33% 0.35%
As % of the Job Titles category 0.18% 0.36% 0.38%
Number of daily rates quoted 7 11 17
Average daily rate
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£418 £450 £500
Average daily rate % change year-on-year
-7.22% -10.00%
90% offered a daily rate of more than £330 £400 £371
10% offered a daily rate of more than £475 £475 £611
UK excluding London average daily rate £425 £450 £350
% change year-on-year
-5.55% +28.57%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Product Manager
London

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the City of London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
City of London
Contract IT job ads with a match in the
Job Titles category
5567 6635 6551
As % of all contract IT jobs located in the City of London 92.97% 92.54% 92.92%
Number of daily rates quoted 4195 4833 4752
Average daily rate £450 £450 £450
90% offered a daily rate of more than £269 £275 £275
10% offered a daily rate of more than £600 £600 £625
UK excluding London average daily rate £363 £350 £350
% change year-on-year
+3.57% -
Number of hourly rates quoted 104 137 159
Average hourly rate £17.50 £19.50 £19.00
Average hourly rate % change year-on-year
-10.25% +2.63%
90% offered a hourly rate of more than £12.00 £11.50 £11.00
10% offered a hourly rate of more than £31.05 £38.00 £44.00
UK excluding London average hourly rate £16.20 £16.20 £17.50
% change year-on-year
- -7.42%

Product Manager
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Product Manager in the job title across the City of London region as a proportion of the total demand within the Job Titles category.

Product Manager Jobs Demand Trend in the City of London

Product Manager
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Product Manager across the City of London region.

Product Manager Daily Rate Trend in the City of London

Product Manager
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Product Manager across the City of London region over the 3 months to 23 October 2014.

Product Manager Daily Rate Histogram in the City of London

Product Manager
Top 30 Related IT Skills in the City of London

For the 6 months to 23 October 2014, IT contractor jobs across the City of London region that cited Product Manager in their job title mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Product Manager in their job title.

1 11 (42.31%) Agile Software Development
2 8 (30.77%) Banking
3 6 (23.08%) Finance
4 5 (19.23%) Marketing
5 4 (15.38%) Retail Banking
5 4 (15.38%) User Experience
5 4 (15.38%) Retail
6 2 (7.69%) Investment Banking
6 2 (7.69%) Product Management
6 2 (7.69%) Analytical Skills
6 2 (7.69%) Continuous Improvement
6 2 (7.69%) Customer Segmentation
6 2 (7.69%) Line Management
6 2 (7.69%) Mentoring
6 2 (7.69%) Telecoms
6 2 (7.69%) Stakeholder Management
6 2 (7.69%) B2B
7 1 (3.85%) Cisco
7 1 (3.85%) MPLS
7 1 (3.85%) OSPF
7 1 (3.85%) Mobile Commerce
7 1 (3.85%) BGP
7 1 (3.85%) EIGRP
7 1 (3.85%) Project Management
7 1 (3.85%) .NET
7 1 (3.85%) SQL Server
7 1 (3.85%) PRINCE2
7 1 (3.85%) CRM
7 1 (3.85%) E-Commerce
7 1 (3.85%) GSM

Product Manager
Top Related IT Skills in the City of London by Category

For the 6 months to 23 October 2014, IT contractor jobs across the City of London region that cited Product Manager in their job title mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Product Manager in their job title. Up to 20 skills are shown per category.

Application Platforms
1 1 (3.85%) CMS
Communications & Networking
1 1 (3.85%) MPLS
1 1 (3.85%) OSPF
1 1 (3.85%) BGP
1 1 (3.85%) EIGRP
1 1 (3.85%) GSM
1 1 (3.85%) VoIP
1 1 (3.85%) DHCP
1 1 (3.85%) DNS
1 1 (3.85%) IPsec
1 1 (3.85%) Multicast
1 1 (3.85%) Cisco Nexus
Database & Business Intelligence
1 1 (3.85%) SQL Server
General
1 8 (30.77%) Banking
2 6 (23.08%) Finance
3 5 (19.23%) Marketing
4 4 (15.38%) Retail Banking
4 4 (15.38%) Retail
5 2 (7.69%) Investment Banking
5 2 (7.69%) Telecoms
6 1 (3.85%) Games
6 1 (3.85%) Law
6 1 (3.85%) Legal
Libraries, Frameworks & Software Standards
1 1 (3.85%) .NET
Miscellaneous
1 4 (15.38%) User Experience
2 2 (7.69%) Analytical Skills
3 1 (3.85%) Mobile App
3 1 (3.85%) Mobile Payment
3 1 (3.85%) Open Source
3 1 (3.85%) Online Games
Operating Systems
1 1 (3.85%) Apple iOS
1 1 (3.85%) Android
Processes & Methodologies
1 11 (42.31%) Agile Software Development
2 2 (7.69%) Product Management
2 2 (7.69%) Continuous Improvement
2 2 (7.69%) Customer Segmentation
2 2 (7.69%) Line Management
2 2 (7.69%) Mentoring
2 2 (7.69%) Stakeholder Management
2 2 (7.69%) B2B
3 1 (3.85%) Mobile Commerce
3 1 (3.85%) Project Management
3 1 (3.85%) PRINCE2
3 1 (3.85%) CRM
3 1 (3.85%) E-Commerce
3 1 (3.85%) Scrum
3 1 (3.85%) SEO
3 1 (3.85%) Service Delivery
3 1 (3.85%) Change Management
3 1 (3.85%) Risk Management
3 1 (3.85%) Marketing Strategy
3 1 (3.85%) Agile Project Management
Qualifications
1 1 (3.85%) PRINCE2 Practitioner
1 1 (3.85%) BC Cleared
1 1 (3.85%) Security Cleared
Vendors
1 1 (3.85%) Cisco
1 1 (3.85%) F5
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