Product Owner Contracts in the City of London

Product Owner
Central London > City of London

The median Product Owner daily rate in the City of London is £594 according to job vacancies posted during the 6 months to 24 April 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
24 Apr 2024
Same period 2023 Same period 2022
Rank 96 160 172
Rank change year-on-year +64 +12 -57
Contract jobs requiring a Product Owner 28 14 29
As % of all contract jobs advertised in the City of London 1.27% 0.38% 0.68%
As % of the Job Titles category 1.33% 0.40% 0.72%
Number of daily rates quoted 14 10 26
10th Percentile - £501 £363
25th Percentile £481 £533 £503
Median daily rate (50th Percentile) £594 £700 £556
Median % change year-on-year -15.18% +25.84% +1.14%
75th Percentile £684 £747 £645
90th Percentile £725 £751 £713
Central London median daily rate £594 £700 £556
% change year-on-year -15.18% +25.84% +1.14%

All Contract IT Job Vacancies
City of London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of 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 the City of London with a recognized job title 2,101 3,476 4,018
% of contract IT jobs with a recognized job title 94.98% 95.21% 94.45%
Number of daily rates quoted 1,499 2,351 3,034
10th Percentile £350 £350 £367
25th Percentile £450 £472 £475
Median daily rate (50th Percentile) £560 £600 £565
Median % change year-on-year -6.67% +6.19% +7.62%
75th Percentile £688 £725 £675
90th Percentile £788 £819 £775
Central London median daily rate £550 £575 £560
% change year-on-year -4.35% +2.68% +6.67%
Number of hourly rates quoted 17 26 50
10th Percentile £16.46 £15.50 £13.74
25th Percentile £20.22 £18.50 £18.50
Median hourly rate £23.00 £35.00 £37.25
Median % change year-on-year -34.29% -6.04% +107.23%
75th Percentile £27.50 £58.75 £51.50
90th Percentile £44.10 £86.65 £62.83
Central London median hourly rate £25.78 £35.00 £37.25
% change year-on-year -26.34% -6.04% +107.23%

Product Owner
Job Vacancy Trend in the City of London

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

Job vacancy trend for Product Owner in the City of London

Product Owner
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Product Owner in the City of London.

Daily rate trend for Product Owner in the City of London

Product Owner
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Product Owner in the City of London over the 6 months to 24 April 2024.

Daily rate histogram for Product Owner in the City of London

Product Owner Skill Set
Top 30 Co-occurring Skills and Capabilities in the City of London

For the 6 months to 24 April 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 City of London region featuring Product Owner in the job title.

1 25 (89.29%) Product Ownership
2 19 (67.86%) Agile
3 12 (42.86%) User Stories
3 12 (42.86%) Backlog Prioritisation
3 12 (42.86%) Social Skills
4 11 (39.29%) Azure
5 10 (35.71%) Business Case
5 10 (35.71%) Acceptance Criteria
6 9 (32.14%) Problem-Solving
6 9 (32.14%) Scrum
6 9 (32.14%) Stakeholder Management
6 9 (32.14%) Workflow
6 9 (32.14%) Finance
7 8 (28.57%) Strategic Thinking
7 8 (28.57%) Backlog Refinement
7 8 (28.57%) Product Backlog
8 7 (25.00%) Sprint Planning
8 7 (25.00%) Product Requirements
8 7 (25.00%) Roadmaps
8 7 (25.00%) Product Management
8 7 (25.00%) Translating Business Requirements
9 6 (21.43%) DevOps
9 6 (21.43%) Confluence
9 6 (21.43%) User Acceptance Testing
9 6 (21.43%) Kanban
9 6 (21.43%) Product Strategy
9 6 (21.43%) Product Vision
9 6 (21.43%) Customer Experience
9 6 (21.43%) Azure DevOps
9 6 (21.43%) Creative Problem-Solving

Product Owner Skill Set
Co-occurring Skills and Capabilities in the City of 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 (21.43%) Confluence
2 4 (14.29%) Adobe Experience Manager
3 3 (10.71%) CMS
4 1 (3.57%) Apache Solr
Business Applications
1 3 (10.71%) Fidessa
2 1 (3.57%) SAP Hybris
Cloud Services
1 11 (39.29%) Azure
2 6 (21.43%) Azure DevOps
3 4 (14.29%) SaaS
4 2 (7.14%) SAP Commerce Cloud
5 1 (3.57%) Azure Stack
5 1 (3.57%) Salesforce Commerce Cloud
Database & Business Intelligence
1 1 (3.57%) Big Data
1 1 (3.57%) Data Warehouse
Development Applications
1 2 (7.14%) JIRA
2 1 (3.57%) Team Foundation Server
General
1 12 (42.86%) Social Skills
2 9 (32.14%) Finance
3 4 (14.29%) Presentation Skills
4 2 (7.14%) Banking
4 2 (7.14%) Corporate Banking
4 2 (7.14%) Investment Banking
4 2 (7.14%) Retail
4 2 (7.14%) Retail Banking
5 1 (3.57%) Digital Health
5 1 (3.57%) Digital Healthcare
5 1 (3.57%) Health Technology
5 1 (3.57%) Law
5 1 (3.57%) Public Sector
Libraries, Frameworks & Software Standards
1 1 (3.57%) .NET
Miscellaneous
1 25 (89.29%) Product Ownership
2 1 (3.57%) Public Cloud
2 1 (3.57%) Self-Motivation
Processes & Methodologies
1 19 (67.86%) Agile
2 12 (42.86%) Backlog Prioritisation
2 12 (42.86%) User Stories
3 10 (35.71%) Acceptance Criteria
3 10 (35.71%) Business Case
4 9 (32.14%) Problem-Solving
4 9 (32.14%) Scrum
4 9 (32.14%) Stakeholder Management
4 9 (32.14%) Workflow
5 8 (28.57%) Backlog Refinement
5 8 (28.57%) Product Backlog
5 8 (28.57%) Strategic Thinking
6 7 (25.00%) Product Management
6 7 (25.00%) Product Requirements
6 7 (25.00%) Roadmaps
6 7 (25.00%) Sprint Planning
6 7 (25.00%) Translating Business Requirements
7 6 (21.43%) Kanban
7 6 (21.43%) User Acceptance Testing
7 6 (21.43%) Workshop Facilitation
Qualifications
1 2 (7.14%) Degree
Quality Assurance & Compliance
1 1 (3.57%) QA
System Software
1 4 (14.29%) Active Directory
Vendors
1 4 (14.29%) Adobe
1 4 (14.29%) Microsoft
2 2 (7.14%) SAP
3 1 (3.57%) Salesforce