Period
to 23 November 2017

The median contractor rate for a Product Manager was £563 per day in advertised job vacancies in Hertfordshire during the 6 months to 23 November 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.

Product Manager
East of England > Hertfordshire
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 91 94 -
Rank change year-on-year +3 - +106
Contract jobs requiring a Product Manager 12 1 0
As % of all contract IT jobs advertised in Hertfordshire 0.76% 0.072% -
As % of the Job Titles category 0.81% 0.074% -
Number of daily rates quoted 3 1 0
Hertfordshire median daily rate £563 £400 -
Median daily rate % change year-on-year +40.63% - -
East of England median daily rate £450 £418 £350
% change year-on-year +7.78% +19.29% -
Number of hourly rates quoted 0 0 0
Hertfordshire median hourly rate - - -
East of England median hourly rate £30.00 - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Hertfordshire. 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
Hertfordshire
Contract vacancies in Hertfordshire with a recognized job title 1477 1347 1513
% of contract IT jobs with a recognized job title 93.07% 96.56% 94.15%
Number of daily rates quoted 737 778 769
Hertfordshire median daily rate £400 £400 £390
Median daily rate % change year-on-year - +2.56% +4.00%
10th Percentile £200 £210 £190
90th Percentile £575 £538 £550
East of England median daily rate £413 £388 £385
% change year-on-year +6.45% +0.65% +2.67%
Number of hourly rates quoted 145 82 156
Hertfordshire median hourly rate £17.50 £14.50 £17.00
Median hourly rate % change year-on-year +20.69% -14.71% +12.25%
10th Percentile £11.13 £10.00 £9.00
90th Percentile £43.75 £52.50 £41.50
East of England median hourly rate £18.00 £22.38 £20.94
% change year-on-year -19.55% +6.88% +4.68%

Product Manager
Job Vacancy Trend in Hertfordshire

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

Job vacancy trend for Product Manager in Hertfordshire

Product Manager
Contractor Daily Rate Trend in Hertfordshire

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

Contractor daily rate trend for Product Manager in Hertfordshire

Product Manager
Contractor Hourly Rate Trend in Hertfordshire

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Product Manager in Hertfordshire.

Contractor hourly rate trend for Product Manager in Hertfordshire

Product Manager
Contract Job Locations in Hertfordshire

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Manager within the Hertfordshire region over the 6 months to 23 November 2017. 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
Welwyn Garden City - 6 £550 - 1
Waltham Cross - 1 £600 -
Product Manager
East of England

Product Manager Skill Set
Top 30 Co-occurring IT Skills in Hertfordshire

For the 6 months to 23 November 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 Hertfordshire region featuring Product Manager in the job title.

1 8 (66.67%) CISSP
1 8 (66.67%) CEH
1 8 (66.67%) Product Management
1 8 (66.67%) Static Code Analysis
1 8 (66.67%) CSSLP
1 8 (66.67%) SDLC
2 6 (50.00%) Analytical Skills
3 4 (33.33%) Data Centre
3 4 (33.33%) Programme Delivery
3 4 (33.33%) Coverity
3 4 (33.33%) Synopsys
3 4 (33.33%) Retail
3 4 (33.33%) Law
4 3 (25.00%) Agile Software Development
4 3 (25.00%) Oracle
4 3 (25.00%) User Experience
4 3 (25.00%) User Stories
5 2 (16.67%) Minimum Viable Product
5 2 (16.67%) Finance
5 2 (16.67%) Oracle Fusion
6 1 (8.33%) JIRA
6 1 (8.33%) SC Cleared
6 1 (8.33%) Security Cleared
6 1 (8.33%) Scrum
6 1 (8.33%) ERP
6 1 (8.33%) Acceptance Criteria
6 1 (8.33%) Service Design
6 1 (8.33%) Infrastructure Management
6 1 (8.33%) Data Reconciliation
6 1 (8.33%) Oracle Subledger Accounting

Product Manager Skill Set
Co-occurring IT Skills in Hertfordshire 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:

Business Applications
1 1 (8.33%) Oracle Subledger Accounting
Development Applications
1 1 (8.33%) JIRA
General
1 4 (33.33%) Law
1 4 (33.33%) Retail
2 2 (16.67%) Finance
Libraries, Frameworks & Software Standards
1 2 (16.67%) Oracle Fusion
Miscellaneous
1 6 (50.00%) Analytical Skills
2 4 (33.33%) Data Centre
3 3 (25.00%) User Experience
4 2 (16.67%) Minimum Viable Product
Processes & Methodologies
1 8 (66.67%) Product Management
1 8 (66.67%) SDLC
1 8 (66.67%) Static Code Analysis
2 4 (33.33%) Programme Delivery
3 3 (25.00%) Agile Software Development
3 3 (25.00%) User Stories
4 1 (8.33%) Acceptance Criteria
4 1 (8.33%) Data Reconciliation
4 1 (8.33%) ERP
4 1 (8.33%) Infrastructure Management
4 1 (8.33%) Scrum
4 1 (8.33%) Service Design
Qualifications
1 8 (66.67%) CEH
1 8 (66.67%) CISSP
1 8 (66.67%) CSSLP
2 1 (8.33%) SC Cleared
2 1 (8.33%) Security Cleared
Vendors
1 4 (33.33%) Coverity
1 4 (33.33%) Synopsys
2 3 (25.00%) Oracle