Lead Product Owner Contracts

Lead Product Owner
UK

The median Lead Product Owner daily rate in the UK is £630 according to job vacancies posted during the 6 months to 2 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
2 May 2024
Same period 2023 Same period 2022
Rank 572 694 842
Rank change year-on-year +122 +148 -149
Contract jobs requiring a Lead Product Owner 11 11 3
As % of all contract jobs advertised in the UK 0.025% 0.019% 0.003%
As % of the Job Titles category 0.027% 0.020% 0.004%
Number of daily rates quoted 11 7 2
10th Percentile - £489 £485
25th Percentile £556 £566 £500
Median daily rate (50th Percentile) £630 £625 £550
Median % change year-on-year +0.80% +13.64% -8.33%
75th Percentile £653 £668 £600
90th Percentile £825 £695 £615
UK excluding London median daily rate £563 £581 £500
% change year-on-year -3.23% +16.25% -
Number of hourly rates quoted 0 1 0
Median hourly rate - £103.50 -
UK excluding London median hourly rate - £103.50 -

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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 UK with a recognized job title 40,269 56,187 84,691
% of contract IT jobs with a recognized job title 92.75% 94.62% 95.47%
Number of daily rates quoted 26,215 39,262 59,481
10th Percentile £276 £313 £313
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £735
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,672 1,567 2,094
10th Percentile £12.86 £14.28 £12.50
25th Percentile £16.30 £19.38 £15.50
Median hourly rate £36.42 £45.00 £23.14
Median % change year-on-year -19.07% +94.45% +2.04%
75th Percentile £61.25 £65.75 £48.75
90th Percentile £72.50 £75.75 £63.25
UK excluding London median hourly rate £39.55 £42.50 £19.50
% change year-on-year -6.94% +117.95% +2.63%

Lead Product Owner
Job Vacancy Trend

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

Job vacancy trend for Lead Product Owner in the UK

Lead Product Owner
Contractor Daily Rate Trend

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

Daily rate trend for Lead Product Owner in the UK

Lead Product Owner
Daily Rate Histogram

Daily rate distribution for jobs citing Lead Product Owner over the 6 months to 2 May 2024.

Daily rate histogram for Lead Product Owner in the UK

Lead Product Owner
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Lead Product Owner within the UK over the 6 months to 2 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
England +119 11 £630 -1.18% 4
London +107 7 £630 -3.82% 2
Work from Home +128 5 £563 - 3
UK excluding London +58 4 £563 -3.23%
Midlands +30 4 £563 -
West Midlands +23 4 £563 -

Lead Product Owner Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 2 May 2024, Lead 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 featuring Lead Product Owner in the job title.

1 11 (100.00%) Product Ownership
2 6 (54.55%) Agile
3 5 (45.45%) Roadmaps
3 5 (45.45%) Stakeholder Management
4 4 (36.36%) Customer Experience
4 4 (36.36%) Chatbot
4 4 (36.36%) Data Science
4 4 (36.36%) Conversational UI
4 4 (36.36%) Community of Practice
4 4 (36.36%) Public Sector
4 4 (36.36%) Product Requirements
4 4 (36.36%) Product Vision
4 4 (36.36%) Artificial Intelligence
4 4 (36.36%) Natural Language Processing
4 4 (36.36%) Machine Learning
4 4 (36.36%) User Experience
4 4 (36.36%) Degree
5 3 (27.27%) Finance
6 1 (9.09%) Presentation Skills
6 1 (9.09%) Influencing Skills
6 1 (9.09%) CI/CD
6 1 (9.09%) Problem-Solving
6 1 (9.09%) Ansible
6 1 (9.09%) DevOps
6 1 (9.09%) Load Balancing
6 1 (9.09%) Android
6 1 (9.09%) TeamCity
6 1 (9.09%) Git
6 1 (9.09%) Test Automation
6 1 (9.09%) PaaS

Lead Product Owner Skill Set
Co-occurring Skills and Capabilities 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:

Applications
1 4 (36.36%) Chatbot
Cloud Services
1 1 (9.09%) PaaS
Communications & Networking
1 1 (9.09%) Firewall
Development Applications
1 1 (9.09%) Artifactory
1 1 (9.09%) Bitbucket
1 1 (9.09%) Git
1 1 (9.09%) Jenkins
1 1 (9.09%) TeamCity
General
1 4 (36.36%) Public Sector
2 3 (27.27%) Finance
3 1 (9.09%) Front Office
3 1 (9.09%) Influencing Skills
3 1 (9.09%) Presentation Skills
3 1 (9.09%) Retail Banking
Miscellaneous
1 11 (100.00%) Product Ownership
2 1 (9.09%) Cloud Native
Operating Systems
1 1 (9.09%) Android
1 1 (9.09%) Apple iOS
1 1 (9.09%) Linux
1 1 (9.09%) Unix
1 1 (9.09%) Windows
Processes & Methodologies
1 6 (54.55%) Agile
2 5 (45.45%) Roadmaps
2 5 (45.45%) Stakeholder Management
3 4 (36.36%) Artificial Intelligence
3 4 (36.36%) Community of Practice
3 4 (36.36%) Conversational UI
3 4 (36.36%) Customer Experience
3 4 (36.36%) Data Science
3 4 (36.36%) Machine Learning
3 4 (36.36%) Natural Language Processing
3 4 (36.36%) Product Requirements
3 4 (36.36%) Product Vision
3 4 (36.36%) User Experience
4 1 (9.09%) Change Management
4 1 (9.09%) DevOps
4 1 (9.09%) Load Balancing
4 1 (9.09%) Problem-Solving
4 1 (9.09%) Risk Management
4 1 (9.09%) SDLC
4 1 (9.09%) Test Automation
Programming Languages
1 1 (9.09%) Python
Qualifications
1 4 (36.36%) Degree
Systems Management
1 1 (9.09%) Ansible
1 1 (9.09%) Kubernetes
1 1 (9.09%) Terraform