Period
to 20 August 2018

The median contractor rate for a Product Owner was £313 per day in advertised job vacancies in Buckinghamshire during the 6 months to 20 August 2018.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Product Owner
South East > Buckinghamshire
6 months to
20 Aug 2018
Same period 2017 Same period 2016
Rank 109 133 111
Rank change year-on-year +24 -22 -
Contract jobs requiring a Product Owner 9 2 1
As % of all contract IT jobs advertised in Buckinghamshire 0.47% 0.090% 0.053%
As % of the Job Titles category 0.49% 0.094% 0.055%
Number of daily rates quoted 8 2 1
Buckinghamshire median daily rate £313 £390 £446
Median daily rate % change year-on-year -19.87% -12.56% -
South East median daily rate £438 £418 £469
% change year-on-year +4.79% -10.93% +13.64%
Number of hourly rates quoted 0 0 0
Buckinghamshire median hourly rate - - -
South East median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Buckinghamshire. 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.

All Contract IT Job Vacancies
Buckinghamshire
Contract vacancies in Buckinghamshire with a recognized job title 1,829 2,129 1,811
% of contract IT jobs with a recognized job title 95.06% 96.20% 95.17%
Number of daily rates quoted 963 934 959
Buckinghamshire median daily rate £400 £400 £400
10th Percentile £215 £216 £231
90th Percentile £556 £538 £525
South East median daily rate £425 £410 £400
% change year-on-year +3.66% +2.50% +6.67%
Number of hourly rates quoted 149 94 68
Buckinghamshire median hourly rate £14.50 £17.33 £14.00
Median hourly rate % change year-on-year -16.31% +23.75% -3.45%
10th Percentile £9.00 £10.00 £8.50
90th Percentile £42.75 £59.63 £44.50
South East median hourly rate £18.95 £17.77 £20.00
% change year-on-year +6.61% -11.15% +14.29%

Product Owner
Job Vacancy Trend in Buckinghamshire

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

Job vacancy trend for Product Owner in Buckinghamshire

Product Owner
Contractor Daily Rate Trend in Buckinghamshire

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Product Owner in Buckinghamshire.

Contractor daily rate trend for Product Owner in Buckinghamshire

Product Owner
Contract Job Locations in Buckinghamshire

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Owner within the Buckinghamshire region over the 6 months to 20 August 2018. 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
Job
Vacancies
Milton Keynes - 2 £300 -
High Wycombe - 1 £343 -
Product Owner
South East

Product Owner Skill Set
Top 26 Co-occurring IT Skills in Buckinghamshire

For the 6 months to 20 August 2018, Product Owner contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Buckinghamshire region featuring Product Owner in the job title.

1 8 (88.89%) Agile Software Development
2 7 (77.78%) User Experience
3 6 (66.67%) QA
4 1 (11.11%) Cloud Computing
4 1 (11.11%) Hadoop
4 1 (11.11%) Amazon AWS
4 1 (11.11%) Stakeholder Engagement
4 1 (11.11%) Tableau
4 1 (11.11%) Customer Insight
4 1 (11.11%) Data Analytics
4 1 (11.11%) Analytics
4 1 (11.11%) Alteryx
4 1 (11.11%) User Stories
4 1 (11.11%) SDLC
4 1 (11.11%) Wireframes
4 1 (11.11%) Digital Transformation Programme
4 1 (11.11%) Data Science
4 1 (11.11%) Self-Motivation
4 1 (11.11%) Software Engineering
4 1 (11.11%) Business Analysis
4 1 (11.11%) Degree
4 1 (11.11%) JIRA
4 1 (11.11%) Project Management
4 1 (11.11%) Finance
4 1 (11.11%) Stakeholder Management
4 1 (11.11%) Scrum

Product Owner Skill Set
Co-occurring IT Skills in Buckinghamshire by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Cloud Services
1 1 (11.11%) Amazon AWS
1 1 (11.11%) Cloud Computing
Database & Business Intelligence
1 1 (11.11%) Hadoop
Development Applications
1 1 (11.11%) JIRA
General
1 1 (11.11%) Finance
Miscellaneous
1 7 (77.78%) User Experience
2 1 (11.11%) Self-Motivation
Processes & Methodologies
1 8 (88.89%) Agile Software Development
2 1 (11.11%) Analytics
2 1 (11.11%) Business Analysis
2 1 (11.11%) Customer Insight
2 1 (11.11%) Data Analytics
2 1 (11.11%) Data Science
2 1 (11.11%) Digital Transformation Programme
2 1 (11.11%) Project Management
2 1 (11.11%) Scrum
2 1 (11.11%) SDLC
2 1 (11.11%) Software Engineering
2 1 (11.11%) Stakeholder Engagement
2 1 (11.11%) Stakeholder Management
2 1 (11.11%) User Stories
2 1 (11.11%) Wireframes
Qualifications
1 1 (11.11%) Degree
Quality Assurance & Compliance
1 6 (66.67%) QA
Vendors
1 1 (11.11%) Alteryx
1 1 (11.11%) Tableau