The table below looks at the statistics for Product Management skills in IT contracts advertised for the Somerset region. Included is a guide to the average contractor rates offered in IT contracts that have cited Product Management over the 3 months to 31 July 2015 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
31 Jul 2015
Same period 2014 Same period 2013
Product Management
Rank - - 27
Contract jobs citing Product Management 0 0 6
As % of all contract IT jobs located in Somerset - - 3.09%
As % of the Processes & Methodologies category - - 4.58%
Number of daily rates quoted 0 0 3
Average daily rate
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- - £325
UK excluding London average daily rate £426 £389 £374
% change year-on-year
+9.45% +4.01%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £32.65 - -
Product Management
South West

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

Processes & Methodologies Category
Somerset
Contract IT job ads with a match in the
Processes & Methodologies category
262 297 131
As % of all contract IT jobs located in Somerset 79.64% 83.90% 67.53%
Number of daily rates quoted 135 218 77
Average daily rate £375 £350 £325
Average daily rate % change year-on-year
+7.14% +7.69%
90% offered a daily rate of more than £322 £300 £248
10% offered a daily rate of more than £499 £500 £425
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 42 13 3
Average hourly rate £42.00 £35.00 £19.00
Average hourly rate % change year-on-year
+20.00% +84.21%
90% offered a hourly rate of more than £30.00 £33.84 £12.40
10% offered a hourly rate of more than £55.00 £36.00 £40.00
UK excluding London average hourly rate £30.50 £26.50 £31.00
% change year-on-year
+15.09% -14.51%

Product Management
Jobs Demand Trend in Somerset

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

Product Management Jobs Demand Trend in Somerset

Product Management
Daily Rate Trend in Somerset

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

Product Management Daily Rate Trend in Somerset