The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Product Management skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Product Management over the 3 months to 27 June 2017 with a comparison to the 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 Management
London / City of London
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 156 149 159
Rank change year-on-year -7 +10  
Contract jobs citing Product Management 8 14 42
As % of all contract IT jobs advertised in the City of London 0.24% 0.41% 0.73%
As % of the Processes & Methodologies category 0.27% 0.48% 0.90%
Number of daily rates quoted 6 9 36
Median daily rate £423 £525 £438
Median daily rate % change year-on-year -19.52% +20.00%  
90% offered a daily rate of more than £325 £375 £365
10% offered a daily rate of more than £532 £670 £625
UK excluding London median daily rate £450 £450 £400
% change year-on-year - +12.50%  
Number of hourly rates quoted 0 1 1
Median hourly rate - £31.50 £24.50
Median hourly rate % change year-on-year - +28.57%  
UK excluding London median hourly rate - £55.73 -

Product Management is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for process and methodology skills.

Contract Process & Methodology Skills
City of London
Contract job vacancies with a requirement for process and methodology skills 2912 2905 4654
As % of all contract IT job vacancies advertised in the City of London 88.14% 85.77% 81.11%
Number of daily rates quoted 2231 2377 3660
Median daily rate £500 £475 £465
Median daily rate % change year-on-year +5.26% +2.15%  
90% offered a daily rate of more than £350 £338 £325
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £415 £400 £385
% change year-on-year +3.75% +3.89%  
Number of hourly rates quoted 24 23 56
Median hourly rate £20.00 £19.00 £24.50
Median hourly rate % change year-on-year +5.26% -22.44%  
90% offered a hourly rate of more than £14.75 £12.50 £15.07
10% offered a hourly rate of more than £41.00 £35.20 £55.50
UK excluding London median hourly rate £34.00 £28.50 £30.00
% change year-on-year +19.29% -5.00%  

Product Management
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Product Management as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Product Management in the City of London

Product Management
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Product Management in the City of London.

Contractor daily rate trend for Product Management in the City of London

Product Management
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Product Management in the City of London over the 3 months to 27 June 2017.

Contractor daily rate histogram for Product Management in the City of London

Product Management
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Product Management in the City of London.

Contractor hourly rate trend for Product Management in the City of London

For the 6 months to 27 June 2017, IT contractor jobs citing Product Management also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Product Management.

1 9 (52.94%) Agile Software Development
2 6 (35.29%) Finance
3 4 (23.53%) Stakeholder Management
3 4 (23.53%) User Experience
4 3 (17.65%) ION Trading
4 3 (17.65%) Business Analysis
4 3 (17.65%) JIRA
4 3 (17.65%) Electronic Trading
4 3 (17.65%) Scrum
4 3 (17.65%) Fixed Income
4 3 (17.65%) Front Office
4 3 (17.65%) ITIL
4 3 (17.65%) Foreign Exchange (FX)
5 2 (11.76%) Business Intelligence
5 2 (11.76%) E-Commerce
5 2 (11.76%) Linux
5 2 (11.76%) Java
5 2 (11.76%) Service Delivery
5 2 (11.76%) Data Modelling
5 2 (11.76%) Banking
5 2 (11.76%) Retail
5 2 (11.76%) Equities
5 2 (11.76%) Service Management
5 2 (11.76%) Problem Management
5 2 (11.76%) Use Case
5 2 (11.76%) Security Cleared
5 2 (11.76%) Android
5 2 (11.76%) Customer Segmentation
5 2 (11.76%) Data Analytics
5 2 (11.76%) User Stories

Product Management
Co-occurring IT Skills in the City of London 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:

Application Platforms
1 1 (5.88%) Apache
Cloud Services
1 1 (5.88%) Amazon AWS
1 1 (5.88%) SaaS
Communications & Networking
1 1 (5.88%) Firewall
1 1 (5.88%) Internet
1 1 (5.88%) SMS
1 1 (5.88%) SSL
Database & Business Intelligence
1 1 (5.88%) MongoDB
1 1 (5.88%) SQL Server
Development Applications
1 3 (17.65%) JIRA
2 1 (5.88%) Git (software)
2 1 (5.88%) Subversion
2 1 (5.88%) Team Foundation Server
2 1 (5.88%) TeamCity
General
1 6 (35.29%) Finance
2 3 (17.65%) Front Office
3 2 (11.76%) Banking
3 2 (11.76%) Marketing
3 2 (11.76%) Retail
4 1 (5.88%) Financial Institution
4 1 (5.88%) Investment Banking
4 1 (5.88%) Spanish Language
Job Titles
1 3 (17.65%) Analyst
1 3 (17.65%) Business Analyst
1 3 (17.65%) Product Manager
1 3 (17.65%) Support Analyst
2 2 (11.76%) Designer
2 2 (11.76%) Product Owner
2 2 (11.76%) Senior Designer
2 2 (11.76%) Senior UX Designer
2 2 (11.76%) Service Manager
2 2 (11.76%) Trade Floor Support Analyst
2 2 (11.76%) UX Designer
3 1 (5.88%) Digital Architect
3 1 (5.88%) Digital Product Manager
3 1 (5.88%) Digital Product Owner
3 1 (5.88%) Digital Solutions Architect
3 1 (5.88%) Head of Engineering
3 1 (5.88%) Mobile Designer
3 1 (5.88%) Mobile UX Designer
3 1 (5.88%) Senior Mobile Designer
3 1 (5.88%) Senior Product Owner
Libraries, Frameworks & Software Standards
1 1 (5.88%) .NET
1 1 (5.88%) ASP.NET
1 1 (5.88%) ASP.NET MVC
1 1 (5.88%) ASP.NET MVC 4
1 1 (5.88%) J2EE
1 1 (5.88%) JSP
1 1 (5.88%) OLE
1 1 (5.88%) REST
1 1 (5.88%) RESTful
1 1 (5.88%) SAML
1 1 (5.88%) Servlets
1 1 (5.88%) SignalR
1 1 (5.88%) Software Packaging
1 1 (5.88%) Web Services
Miscellaneous
1 4 (23.53%) User Experience
2 3 (17.65%) Fixed Income
2 3 (17.65%) Foreign Exchange (FX)
3 2 (11.76%) Equities
4 1 (5.88%) Analytical Skills
4 1 (5.88%) Computer Science
4 1 (5.88%) Data Centre
4 1 (5.88%) Derivative
4 1 (5.88%) Equity Derivative
4 1 (5.88%) Fintech
4 1 (5.88%) Management Information System
4 1 (5.88%) Online Banking
Operating Systems
1 2 (11.76%) Android
1 2 (11.76%) Apple iOS
1 2 (11.76%) Linux
2 1 (5.88%) CentOS
2 1 (5.88%) Windows
Processes & Methodologies
1 9 (52.94%) Agile Software Development
2 4 (23.53%) Stakeholder Management
3 3 (17.65%) Business Analysis
3 3 (17.65%) Electronic Trading
3 3 (17.65%) ITIL
3 3 (17.65%) Scrum
4 2 (11.76%) Analytics
4 2 (11.76%) Business Intelligence
4 2 (11.76%) Data Analytics
4 2 (11.76%) Data Modelling
4 2 (11.76%) Digital Transformation Programme
4 2 (11.76%) E-Commerce
4 2 (11.76%) Problem Management
4 2 (11.76%) Process Improvement
4 2 (11.76%) Prototyping
4 2 (11.76%) Service Delivery
4 2 (11.76%) Service Management
4 2 (11.76%) Use Case
4 2 (11.76%) User Stories
4 2 (11.76%) Wireframes
Programming Languages
1 2 (11.76%) Java
2 1 (5.88%) C#
2 1 (5.88%) JavaScript
Qualifications
1 2 (11.76%) Security Cleared
2 1 (5.88%) CISA
2 1 (5.88%) CISSP
2 1 (5.88%) CSSLP
2 1 (5.88%) Degree
2 1 (5.88%) MCSE
2 1 (5.88%) Microsoft Certification
2 1 (5.88%) OCA
2 1 (5.88%) Oracle Certification
2 1 (5.88%) RHCE
2 1 (5.88%) SC Cleared
Quality Assurance & Compliance
1 1 (5.88%) Data Quality
1 1 (5.88%) QA
Systems Management
1 1 (5.88%) CA Single Sign-On
Vendors
1 3 (17.65%) ION Trading
2 1 (5.88%) Informatica
2 1 (5.88%) Remedy
2 1 (5.88%) Salesforce.com
2 1 (5.88%) Sitecore
2 1 (5.88%) WorldPay