The table below looks at the statistics for Product Management skills in IT contracts advertised for the Essex region. Included is a guide to the average contractor rates offered in IT contracts that have cited Product Management over the 3 months to 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
Product Management
Rank - 38 58
Contract jobs citing Product Management 0 16 2
As % of all contract IT jobs located in Essex - 3.72% 0.34%
As % of the Processes & Methodologies category - 4.97% 0.43%
Number of daily rates quoted 0 15 2
Average daily rate - £613 £200
Average daily rate % change year-on-year
- +206.25%
UK excluding London average daily rate £400 £475 £400
% change year-on-year
-15.78% +18.75%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £42.50 - £58.75
Product Management
East of England

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Essex region.

Processes & Methodologies Category
Essex
Contract IT job ads with a match in the
Processes & Methodologies category
438 322 462
As % of all contract IT jobs located in Essex 82.64% 74.88% 78.44%
Number of daily rates quoted 258 178 262
Average daily rate £430 £400 £400
Average daily rate % change year-on-year
+7.50% -
90% offered a daily rate of more than £288 £225 £225
10% offered a daily rate of more than £600 £625 £520
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 51 41 58
Average hourly rate £38.50 £29.13 £29.00
Average hourly rate % change year-on-year
+32.18% +0.43%
90% offered a hourly rate of more than £15.00 £16.50 £15.00
10% offered a hourly rate of more than £62.50 £47.00 £44.00
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

Product Management
Jobs Demand Trend in Essex

This chart provides a 3-month moving total of IT contractor jobs citing Product Management across the Essex region as a proportion of the total demand within the Processes & Methodologies category.

Product Management Jobs Demand Trend in Essex

Product Management
Daily Rate Trend in Essex

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Product Management across the Essex region.

Product Management Daily Rate Trend in Essex