The median contractor rate for a Product Manager was £550 per day in advertised job vacancies in the City of London during the 3 months to 24 March 2017.

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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Product Manager
London / City of London
Rank 142 150 175
Rank change year-on-year +8 +25  
Contract jobs requiring a Product Manager 11 8 14
As % of all contract IT jobs advertised in the City of London 0.36% 0.24% 0.28%
As % of the Job Titles category 0.38% 0.25% 0.29%
Number of daily rates quoted 11 6 10
Median daily rate £550 £588 £381
Median daily rate % change year-on-year -6.38% +54.09%  
90% offered a daily rate of more than £525 £400 £310
10% offered a daily rate of more than £600 £925 £533
UK excluding London median daily rate £431 £400 £461
% change year-on-year +7.62% -13.27%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in the City of London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
City of London
Contract job vacancies with a job title containing a recognized job role 2888 3140 4850
As % of all contract IT job vacancies advertised in the City of London 95.25% 95.32% 96.06%
Number of daily rates quoted 2244 2502 3650
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £313 £300 £276
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 32 47 76
Median hourly rate £19.00 £20.00 £18.70
Median hourly rate % change year-on-year -4.97% +6.92%  
90% offered a hourly rate of more than £13.50 £12.00 £12.50
10% offered a hourly rate of more than £29.38 £46.10 £27.37
UK excluding London median hourly rate £17.50 £20.00 £17.38
% change year-on-year -12.50% +15.10%  

Product Manager
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Product Manager in the job title.

Job vacancy trend for Product Manager in the City of London

Product Manager
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 Manager in the City of London.

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

Product Manager
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Product Manager in the City of London over the 3 months to 24 March 2017.

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

Product Manager Skill Set
Top 30 Related IT Skills in the City of London

For the 6 months to 24 March 2017, Product Manager contract jobs required the following IT 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 featuring Product Manager in the job title.

1 11 (42.31%) Finance
2 10 (38.46%) Agile Software Development
2 10 (38.46%) Marketing
3 7 (26.92%) Project Management
4 6 (23.08%) Mobile App
5 5 (19.23%) Facebook
5 5 (19.23%) Amazon AWS
5 5 (19.23%) Chatbot
5 5 (19.23%) Contract Management
5 5 (19.23%) Web Services
5 5 (19.23%) PLM
5 5 (19.23%) Technical Architecture
5 5 (19.23%) Product Marketing
5 5 (19.23%) Market Research
6 4 (15.38%) MS Office
6 4 (15.38%) B2B
6 4 (15.38%) Microsoft
6 4 (15.38%) Bloomberg
6 4 (15.38%) Office 365
6 4 (15.38%) Fintech
7 3 (11.54%) OTC Derivatives
7 3 (11.54%) Foreign Exchange (FX)
7 3 (11.54%) Derivative
7 3 (11.54%) Business Analysis
7 3 (11.54%) Content Management
7 3 (11.54%) Product Management
7 3 (11.54%) User Acceptance Testing
8 2 (7.69%) Wealth Management
8 2 (7.69%) Security Cleared
8 2 (7.69%) Software Engineering

Product Manager Skill Set
Top Related 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:

Applications
1 5 (19.23%) Chatbot
2 4 (15.38%) MS Office
3 1 (3.85%) MS Excel
3 1 (3.85%) MS Project
3 1 (3.85%) MS Visio
Business Applications
1 1 (3.85%) SAP Oil and Gas
Cloud Services
1 5 (19.23%) Amazon AWS
2 4 (15.38%) Office 365
Communications & Networking
1 1 (3.85%) Internet
Database & Business Intelligence
1 1 (3.85%) MongoDB
1 1 (3.85%) SQL Server
Development Applications
1 1 (3.85%) Git (software)
1 1 (3.85%) Team Foundation Server
1 1 (3.85%) TeamCity
General
1 11 (42.31%) Finance
2 10 (38.46%) Marketing
3 2 (7.69%) Banking
3 2 (7.69%) Retail
3 2 (7.69%) Retail Banking
3 2 (7.69%) Telecoms
4 1 (3.85%) Electronics
4 1 (3.85%) Financial Institution
4 1 (3.85%) Games
4 1 (3.85%) Manufacturing
Libraries, Frameworks & Software Standards
1 5 (19.23%) Web Services
2 1 (3.85%) .NET
2 1 (3.85%) ASP.NET
2 1 (3.85%) ASP.NET MVC
2 1 (3.85%) ASP.NET MVC 4
2 1 (3.85%) RESTful
2 1 (3.85%) SignalR
Miscellaneous
1 6 (23.08%) Mobile App
2 4 (15.38%) Fintech
3 3 (11.54%) Derivative
3 3 (11.54%) Foreign Exchange (FX)
3 3 (11.54%) OTC Derivatives
4 2 (7.69%) User Experience
5 1 (3.85%) Internet of Things
5 1 (3.85%) Over-the-Top Content
Operating Systems
1 1 (3.85%) Android
1 1 (3.85%) Apple iOS
1 1 (3.85%) CentOS
1 1 (3.85%) Linux
1 1 (3.85%) Windows
Processes & Methodologies
1 10 (38.46%) Agile Software Development
2 7 (26.92%) Project Management
3 5 (19.23%) Contract Management
3 5 (19.23%) Market Research
3 5 (19.23%) PLM
3 5 (19.23%) Product Marketing
3 5 (19.23%) Technical Architecture
4 4 (15.38%) B2B
5 3 (11.54%) Business Analysis
5 3 (11.54%) Content Management
5 3 (11.54%) Product Management
5 3 (11.54%) User Acceptance Testing
6 2 (7.69%) Continuous Improvement
6 2 (7.69%) Marketing Strategy
6 2 (7.69%) Programme Management
6 2 (7.69%) Scrum
6 2 (7.69%) Service Delivery
6 2 (7.69%) Service Design
6 2 (7.69%) Software Engineering
6 2 (7.69%) Wealth Management
Programming Languages
1 1 (3.85%) C#
1 1 (3.85%) JavaScript
Qualifications
1 2 (7.69%) Security Cleared
2 1 (3.85%) Degree
Quality Assurance & Compliance
1 1 (3.85%) Disclosure Scotland
Vendors
1 5 (19.23%) Facebook
2 4 (15.38%) Bloomberg
2 4 (15.38%) Microsoft
3 2 (7.69%) Adobe
4 1 (3.85%) EMC
4 1 (3.85%) Hitachi
4 1 (3.85%) NetApp
4 1 (3.85%) SAP
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