Product Specialist
UK
The median Product Specialist daily rate in the UK is £450 according to job vacancies posted during the 6 months to 16 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 16 Apr 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 574 | 703 | 860 |
| Rank change year-on-year | +129 | +157 | -194 |
| Contract jobs requiring a Product Specialist | 15 | 17 | 9 |
| As % of all contract jobs advertised in the UK | 0.034% | 0.028% | 0.010% |
| As % of the Job Titles category | 0.037% | 0.029% | 0.010% |
| Number of daily rates quoted | 7 | 7 | 4 |
| 10th Percentile | £202 | £242 | £530 |
| 25th Percentile | £205 | £381 | £631 |
| Median daily rate (50th Percentile) | £450 | £500 | £700 |
| Median % change year-on-year | -10.00% | -28.57% | +33.33% |
| 75th Percentile | £531 | £625 | £713 |
| 90th Percentile | £678 | £705 | - |
| UK excluding London median daily rate | £209 | £248 | £475 |
| % change year-on-year | -15.76% | -47.89% | +65.22% |
| Number of hourly rates quoted | 0 | 1 | 0 |
| Median hourly rate | - | £64.25 | - |
| UK excluding London median hourly rate | - | - | - |
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 | 40,676 | 58,105 | 85,846 |
| % of contract IT jobs with a recognized job title | 92.73% | 94.57% | 95.53% |
| Number of daily rates quoted | 26,585 | 40,497 | 60,269 |
| 10th Percentile | £275 | £308 | £313 |
| 25th Percentile | £408 | £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 | £745 | £750 | £725 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +11.76% |
| Number of hourly rates quoted | 2,604 | 1,648 | 2,131 |
| 10th Percentile | £12.86 | £14.50 | £12.50 |
| 25th Percentile | £16.25 | £19.06 | £15.37 |
| Median hourly rate | £35.00 | £45.00 | £23.00 |
| Median % change year-on-year | -22.22% | +95.65% | - |
| 75th Percentile | £60.00 | £65.75 | £48.75 |
| 90th Percentile | £72.33 | £75.00 | £63.00 |
| UK excluding London median hourly rate | £35.00 | £42.37 | £19.50 |
| % change year-on-year | -17.38% | +117.26% | +2.63% |
Product Specialist
Job Vacancy Trend
Job postings that featured Product Specialist in the job title as a proportion of all IT jobs advertised.
Product Specialist
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Product Specialist.
Product Specialist
Daily Rate Histogram
Daily rate distribution for jobs citing Product Specialist over the 6 months to 16 April 2024.
Product Specialist
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Product Specialist.
Product Specialist
Top 10 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Specialist within the UK over the 6 months to 16 April 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 | +115 | 10 | £525 | +5.00% | 26 |
| UK excluding London | +62 | 8 | £209 | -15.76% | 20 |
| London | +108 | 5 | £525 | - | 9 |
| Work from Home | +123 | 3 | £775 | +59.79% | 11 |
| South West | - | 3 | - | - | 6 |
| Wales | - | 3 | £202 | - | 1 |
| Midlands | +38 | 1 | £775 | +181.82% | 2 |
| North of England | +36 | 1 | £215 | -2.27% | 3 |
| West Midlands | +31 | 1 | £775 | +181.82% | 2 |
| Yorkshire | +23 | 1 | £215 | -2.27% |
Product Specialist Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 16 April 2024, Product Specialist 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 Product Specialist in the job title.
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Product Specialist 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: