Period
to 18 November 2017

The median contractor rate for a Product Manager was £475 per day in advertised job vacancies in London during the 6 months to 18 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
England > London
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 422 380 479
Rank change year-on-year -42 +99 -2
Contract jobs requiring a Product Manager 207 243 138
As % of all contract IT jobs advertised in London 0.44% 0.54% 0.29%
As % of the Job Titles category 0.47% 0.57% 0.31%
Number of daily rates quoted 161 175 106
London median daily rate £475 £450 £461
Median daily rate % change year-on-year +5.56% -2.44% +5.43%
10th Percentile £363 £313 £313
90th Percentile £675 £600 £638
England median daily rate £475 £450 £450
% change year-on-year +5.50% +0.06% +5.88%
Number of hourly rates quoted 2 1 0
London median hourly rate £31.75 £34.85 -
Median hourly rate % change year-on-year -8.90% - -
England median hourly rate £30.00 £34.85 -
% change year-on-year -13.92% - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. 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
London
Contract vacancies in London with a recognized job title 44141 42982 44791
% of contract IT jobs with a recognized job title 94.84% 95.02% 94.97%
Number of daily rates quoted 31959 30601 31582
London median daily rate £493 £460 £450
Median daily rate % change year-on-year +7.07% +2.22% +5.88%
10th Percentile £300 £288 £268
90th Percentile £663 £638 £638
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 551 558 689
London median hourly rate £20.00 £19.50 £18.88
Median hourly rate % change year-on-year +2.56% +3.28% +7.89%
10th Percentile £12.00 £11.40 £11.25
90th Percentile £47.83 £50.00 £47.83
England median hourly rate £18.66 £18.50 £17.89
% change year-on-year +0.84% +3.41% +8.42%

Product Manager
Job Vacancy Trend in London

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

Job vacancy trend for Product Manager in London

Product Manager
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Product Manager in London

Product Manager
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Product Manager in London over the 6 months to 18 November 2017.

Contractor daily rate histogram for Product Manager in London

Product Manager
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Product Manager in London

Product Manager
Contract Job Locations in London

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 London region over the 6 months to 18 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
Central London -26 18 £544 +17.57% 10
South London -17 14 £510 +7.37%
East London +2 10 £510 +7.37% 5
West London -1 8 £500 -13.04% 2
North London - 1 £610 - 1
Product Manager
England

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

For the 6 months to 18 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 London region featuring Product Manager in the job title.

1 135 (65.22%) Agile Software Development
2 63 (30.43%) Product Management
3 56 (27.05%) User Experience
4 46 (22.22%) Scrum
5 44 (21.26%) Finance
6 40 (19.32%) Analytics
7 38 (18.36%) Marketing
8 31 (14.98%) Security Cleared
8 31 (14.98%) E-Commerce
9 30 (14.49%) User Stories
10 28 (13.53%) Stakeholder Management
11 26 (12.56%) Retail
12 25 (12.08%) Project Management
13 24 (11.59%) SC Cleared
14 23 (11.11%) Kanban
15 18 (8.70%) Mobile App
16 17 (8.21%) Business Intelligence
17 16 (7.73%) PRINCE2
17 16 (7.73%) Microsoft
17 16 (7.73%) JIRA
18 15 (7.25%) Data Analytics
18 15 (7.25%) B2C
18 15 (7.25%) Banking
19 14 (6.76%) Telecoms
19 14 (6.76%) Stakeholder Engagement
19 14 (6.76%) Degree
20 13 (6.28%) Visualisation
20 13 (6.28%) Analytical Skills
21 11 (5.31%) Continuous Improvement
21 11 (5.31%) Digital Marketing

Product Manager Skill Set
Co-occurring IT Skills in 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 7 (3.38%) CMS
2 5 (2.42%) Apache Spark
2 5 (2.42%) Confluence
3 3 (1.45%) Apache
3 3 (1.45%) Elasticsearch
4 2 (0.97%) SharePoint
5 1 (0.48%) SharePoint 2010
5 1 (0.48%) SharePoint 2013
Applications
1 5 (2.42%) MS Visio
2 3 (1.45%) Chatbot
2 3 (1.45%) Microsoft Excel
2 3 (1.45%) Microsoft PowerPoint
2 3 (1.45%) Microsoft Project
3 2 (0.97%) InVision
4 1 (0.48%) Adobe After Effects
4 1 (0.48%) Adobe Creative Suite
4 1 (0.48%) Adobe Premiere
4 1 (0.48%) Photoshop
Business Applications
1 1 (0.48%) Bloomberg TOMS
1 1 (0.48%) Magento
1 1 (0.48%) Shopify
Cloud Services
1 9 (4.35%) Microsoft Azure
2 4 (1.93%) Adobe Analytics
3 3 (1.45%) Dialogflow
4 2 (0.97%) Google Analytics
4 2 (0.97%) Office 365
5 1 (0.48%) Adobe Creative Cloud
5 1 (0.48%) Basecamp
5 1 (0.48%) G Suite
5 1 (0.48%) IaaS
5 1 (0.48%) Lucidchart
5 1 (0.48%) SaaS
5 1 (0.48%) Trello
5 1 (0.48%) Yammer
Communications & Networking
1 5 (2.42%) Ethernet
1 5 (2.42%) SDH
2 4 (1.93%) MPLS
3 3 (1.45%) DWDM
3 3 (1.45%) SMS
3 3 (1.45%) VPLS
3 3 (1.45%) VPN
4 2 (0.97%) GSM
4 2 (0.97%) Internet
4 2 (0.97%) Intranet
5 1 (0.48%) Broadband
Database & Business Intelligence
1 9 (4.35%) Power BI
2 5 (2.42%) Big Data
3 2 (0.97%) GIS
3 2 (0.97%) Neo4j
4 1 (0.48%) Hadoop
Development Applications
1 16 (7.73%) JIRA
2 2 (0.97%) Axure RP
General
1 44 (21.26%) Finance
2 38 (18.36%) Marketing
3 26 (12.56%) Retail
4 15 (7.25%) Banking
5 14 (6.76%) Telecoms
6 11 (5.31%) Advertising
7 8 (3.86%) Digital Economy
7 8 (3.86%) Legal
8 6 (2.90%) Electronics
8 6 (2.90%) Law
8 6 (2.90%) Manufacturing
9 5 (2.42%) Games
10 4 (1.93%) Retail Banking
11 3 (1.45%) Publishing
12 2 (0.97%) Front Office
12 2 (0.97%) Investment Banking
12 2 (0.97%) Private Banking
13 1 (0.48%) Financial Institution
13 1 (0.48%) International Banking
13 1 (0.48%) Pharmaceutical
Libraries, Frameworks & Software Standards
1 3 (1.45%) Django
1 3 (1.45%) HTML
1 3 (1.45%) MXNet
1 3 (1.45%) Natural Language Processing
1 3 (1.45%) REST
1 3 (1.45%) TensorFlow
1 3 (1.45%) Theano
1 3 (1.45%) XML
2 2 (0.97%) CSS
2 2 (0.97%) Kafka
3 1 (0.48%) .NET
3 1 (0.48%) AngularJS
3 1 (0.48%) ASP.NET
3 1 (0.48%) FIX Protocol
3 1 (0.48%) Gherkin
3 1 (0.48%) HTML5
3 1 (0.48%) Middleware
3 1 (0.48%) OAuth
3 1 (0.48%) RESTful
Miscellaneous
1 56 (27.05%) User Experience
2 18 (8.70%) Mobile App
3 13 (6.28%) Analytical Skills
4 8 (3.86%) Greenfield Project
5 7 (3.38%) Social Media
6 6 (2.90%) Fintech
7 5 (2.42%) Computer Science
7 5 (2.42%) Over-the-Top Content
8 4 (1.93%) Blog
8 4 (1.93%) Fixed Income
9 3 (1.45%) Data Protection Act
9 3 (1.45%) Video on Demand
10 2 (0.97%) Foreign Exchange (FX)
10 2 (0.97%) iPhone
10 2 (0.97%) Media Streaming
10 2 (0.97%) Mobile Payment
10 2 (0.97%) NHS
11 1 (0.48%) BBC
11 1 (0.48%) Management Information System
11 1 (0.48%) W3C
Operating Systems
1 5 (2.42%) Android
1 5 (2.42%) Apple iOS
2 3 (1.45%) Linux
Processes & Methodologies
1 135 (65.22%) Agile Software Development
2 63 (30.43%) Product Management
3 46 (22.22%) Scrum
4 40 (19.32%) Analytics
5 31 (14.98%) E-Commerce
6 30 (14.49%) User Stories
7 28 (13.53%) Stakeholder Management
8 25 (12.08%) Project Management
9 23 (11.11%) Kanban
10 17 (8.21%) Business Intelligence
11 16 (7.73%) PRINCE2
12 15 (7.25%) B2C
12 15 (7.25%) Data Analytics
13 14 (6.76%) Stakeholder Engagement
14 13 (6.28%) Visualisation
15 11 (5.31%) Business Analysis
15 11 (5.31%) Continuous Improvement
15 11 (5.31%) DevOps
15 11 (5.31%) Digital Marketing
16 10 (4.83%) Service Design
Programming Languages
1 5 (2.42%) Python
2 4 (1.93%) Java
3 3 (1.45%) C#
3 3 (1.45%) JavaScript
4 2 (0.97%) PHP
4 2 (0.97%) SQL
5 1 (0.48%) C
Qualifications
1 31 (14.98%) Security Cleared
2 24 (11.59%) SC Cleared
3 14 (6.76%) Degree
4 5 (2.42%) MBA
5 3 (1.45%) BPSS Clearance
5 3 (1.45%) DV Cleared
5 3 (1.45%) PMP
6 1 (0.48%) CFA
Quality Assurance & Compliance
1 9 (4.35%) GDPR
1 9 (4.35%) QA
2 6 (2.90%) Data Quality
3 4 (1.93%) PMO
4 3 (1.45%) MiFID
5 2 (0.97%) Disclosure Scotland
6 1 (0.48%) AIFMD
6 1 (0.48%) EMIR
6 1 (0.48%) P3O
6 1 (0.48%) PCI DSS
6 1 (0.48%) UCITS
Systems Management
1 1 (0.48%) TeamSite
Vendors
1 16 (7.73%) Microsoft
2 7 (3.38%) Google
3 6 (2.90%) Adobe
4 5 (2.42%) SAP
5 4 (1.93%) Atlassian
6 3 (1.45%) Bloomberg
6 3 (1.45%) ION Trading
6 3 (1.45%) Progress
6 3 (1.45%) Salesforce.com
6 3 (1.45%) Tradeweb
7 2 (0.97%) ATG
7 2 (0.97%) Facebook
7 2 (0.97%) hybris
7 2 (0.97%) IBM
8 1 (0.48%) Cisco
8 1 (0.48%) Omniture
8 1 (0.48%) Reuters
8 1 (0.48%) Sitecore
8 1 (0.48%) Tableau