Product Specialist Contracts

Product Specialist
UK

The median Product Specialist daily rate in the UK is £450 according to job vacancies posted during the 6 months to 26 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
26 Apr 2024
Same period 2023 Same period 2022
Rank 567 684 848
Rank change year-on-year +117 +164 -199
Contract jobs requiring a Product Specialist 12 16 12
As % of all contract jobs advertised in the UK 0.028% 0.027% 0.014%
As % of the Job Titles category 0.030% 0.028% 0.014%
Number of daily rates quoted 6 6 6
10th Percentile £285 £355 £531
25th Percentile £378 £500 £622
Median daily rate (50th Percentile) £450 £525 £700
Median % change year-on-year -14.29% -25.00% +33.33%
75th Percentile £559 £650 £713
90th Percentile £700 £713 £716
UK excluding London median daily rate £495 £220 £475
% change year-on-year +125.00% -53.68% +61.70%
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 40,413 56,730 84,732
% of contract IT jobs with a recognized job title 92.78% 94.61% 95.50%
Number of daily rates quoted 26,320 39,605 59,435
10th Percentile £275 £313 £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 £750 £750 £726
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,653 1,602 2,109
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.28 £15.50
Median hourly rate £35.96 £45.00 £23.00
Median % change year-on-year -20.09% +95.65% +0.24%
75th Percentile £60.25 £65.75 £48.75
90th Percentile £72.50 £75.50 £63.00
UK excluding London median hourly rate £38.00 £42.37 £19.50
% change year-on-year -10.30% +117.26% +2.47%

Product Specialist
Job Vacancy Trend

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

Job vacancy trend for Product Specialist in the UK

Product Specialist
Contractor Daily Rate Trend

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

Daily rate trend for Product Specialist in the UK

Product Specialist
Daily Rate Histogram

Daily rate distribution for jobs citing Product Specialist over the 6 months to 26 April 2024.

Daily rate histogram for Product Specialist in the UK

Product Specialist
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Product Specialist.

Hourly rate trend for Product Specialist in the UK

Product Specialist
Top 9 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 26 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 +109 10 £450 -14.29% 24
UK excluding London +72 5 £495 +125.00% 17
London +105 4 £525 - 10
South West - 3 - - 4
Work from Home +117 1 £775 +59.79% 9
West Midlands +31 1 £775 - 2
Midlands +28 1 £775 - 2
North of England +27 1 £215 -2.27% 3
Yorkshire +20 1 £215 -2.27%

Product Specialist Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 26 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.

1 6 (50.00%) Social Skills
2 4 (33.33%) Roadmaps
2 4 (33.33%) Strategic Roadmap
2 4 (33.33%) Project Management
3 3 (25.00%) Pharmaceutical
3 3 (25.00%) Workflow
3 3 (25.00%) Microsoft Excel
3 3 (25.00%) GMP
3 3 (25.00%) Microsoft
3 3 (25.00%) Adobe
3 3 (25.00%) Fidessa
3 3 (25.00%) Manufacturing
3 3 (25.00%) Microsoft PowerPoint
3 3 (25.00%) Degree
3 3 (25.00%) Life Science
3 3 (25.00%) QA
3 3 (25.00%) Azure
3 3 (25.00%) Strategic Thinking
3 3 (25.00%) Decision-Making
3 3 (25.00%) Problem-Solving
3 3 (25.00%) Change Control
3 3 (25.00%) Fintech
4 2 (16.67%) Boomi
4 2 (16.67%) MuleSoft
4 2 (16.67%) Azure SQL Data Warehouse
4 2 (16.67%) Law
4 2 (16.67%) Data Pipeline
4 2 (16.67%) Banking
4 2 (16.67%) Finance
4 2 (16.67%) Data Warehouse

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:

Application Platforms
1 1 (8.33%) SharePoint
1 1 (8.33%) Site Server
Applications
1 3 (25.00%) Microsoft Excel
1 3 (25.00%) Microsoft PowerPoint
2 1 (8.33%) MS Visio
Business Applications
1 3 (25.00%) Fidessa
Cloud Services
1 3 (25.00%) Azure
2 2 (16.67%) Boomi
3 1 (8.33%) Amazon S3
3 1 (8.33%) AWS
3 1 (8.33%) Azure DevOps
3 1 (8.33%) IaaS
Communications & Networking
1 1 (8.33%) Intranet
Database & Business Intelligence
1 2 (16.67%) Azure SQL Data Warehouse
1 2 (16.67%) Data Warehouse
2 1 (8.33%) GIS
2 1 (8.33%) PostgreSQL
General
1 6 (50.00%) Social Skills
2 3 (25.00%) Manufacturing
2 3 (25.00%) Pharmaceutical
3 2 (16.67%) Banking
3 2 (16.67%) Finance
3 2 (16.67%) Law
4 1 (8.33%) Analytical Skills
4 1 (8.33%) Automotive
4 1 (8.33%) Marketing
4 1 (8.33%) Retail
Libraries, Frameworks & Software Standards
1 1 (8.33%) REST
Miscellaneous
1 3 (25.00%) Life Science
Processes & Methodologies
1 4 (33.33%) Project Management
1 4 (33.33%) Roadmaps
1 4 (33.33%) Strategic Roadmap
2 3 (25.00%) Change Control
2 3 (25.00%) Decision-Making
2 3 (25.00%) Fintech
2 3 (25.00%) Problem-Solving
2 3 (25.00%) Strategic Thinking
2 3 (25.00%) Workflow
3 2 (16.67%) Data Pipeline
4 1 (8.33%) Creative Thinking
4 1 (8.33%) Customer Insight
4 1 (8.33%) DevOps
4 1 (8.33%) ETL
4 1 (8.33%) Marketing Strategy
4 1 (8.33%) Multichannel Marketing
4 1 (8.33%) Performance Tuning
4 1 (8.33%) Product Roadmap
4 1 (8.33%) Scaled Agile Framework
4 1 (8.33%) Value Proposition
Programming Languages
1 1 (8.33%) Korn
1 1 (8.33%) PowerShell
1 1 (8.33%) Python
Qualifications
1 3 (25.00%) Degree
2 1 (8.33%) BPSS Clearance
Quality Assurance & Compliance
1 3 (25.00%) GMP
1 3 (25.00%) QA
2 1 (8.33%) Data Quality
Vendors
1 3 (25.00%) Adobe
1 3 (25.00%) Microsoft
2 2 (16.67%) MuleSoft
3 1 (8.33%) ESRI
3 1 (8.33%) Informatica
3 1 (8.33%) Oracle