The median contractor rate for a Product Manager was £500 per day in advertised job vacancies in London during the 3 months to 29 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.

Product Manager
England / London
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank 329 348 358
Rank change year-on-year +19 +10  
Contract jobs requiring a Product Manager 79 91 48
As % of all contract IT jobs advertised in London 0.40% 0.41% 0.23%
As % of the Job Titles category 0.43% 0.43% 0.24%
Number of daily rates quoted 63 63 38
Median daily rate £500 £500 £418
Median daily rate % change year-on-year - +19.76%  
90% offered a daily rate of more than £375 £380 £322
10% offered a daily rate of more than £646 £690 £533
UK excluding London median daily rate £431 £400 £461
% change year-on-year +7.62% -13.27%  
Number of hourly rates quoted 0 1 0
Median hourly rate - £27.66 -
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 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
London
Contract job vacancies with a job title containing a recognized job role 18549 21328 20201
As % of all contract IT job vacancies advertised in London 94.82% 95.03% 94.92%
Number of daily rates quoted 13193 15310 13939
Median daily rate £475 £450 £450
Median daily rate % change year-on-year +5.55% -  
90% offered a daily rate of more than £305 £300 £275
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 239 285 368
Median hourly rate £22.00 £17.00 £19.00
Median hourly rate % change year-on-year +29.41% -10.52%  
90% offered a hourly rate of more than £13.70 £11.50 £12.50
10% offered a hourly rate of more than £55.00 £43.57 £55.00
UK excluding London median hourly rate £17.50 £19.50 £17.00
% change year-on-year -10.25% +14.70%  

Product Manager
Job Vacancy Trend in London

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

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 3 months to 29 March 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 3 months to 29 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -2 10 £550 - 8
Canary Wharf - 1 £750 -
Product Manager
England

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

For the 6 months to 29 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 London region featuring Product Manager in the job title.

1 96 (53.63%) Agile Software Development
2 45 (25.14%) Product Management
3 38 (21.23%) Finance
4 35 (19.55%) User Experience
5 32 (17.88%) Marketing
6 30 (16.76%) Stakeholder Management
7 23 (12.85%) E-Commerce
8 21 (11.73%) Project Management
8 21 (11.73%) Scrum
9 18 (10.06%) Analytics
10 17 (9.50%) Retail
10 17 (9.50%) B2B
11 15 (8.38%) Analytical Skills
12 13 (7.26%) Service Design
13 11 (6.15%) Fintech
13 11 (6.15%) User Stories
13 11 (6.15%) MS Excel
13 11 (6.15%) Derivative
14 10 (5.59%) Business Analysis
14 10 (5.59%) Content Management
14 10 (5.59%) Legal
15 9 (5.03%) Programme Management
15 9 (5.03%) CRM
15 9 (5.03%) Foreign Exchange (FX)
15 9 (5.03%) Mobile App
15 9 (5.03%) OTC Derivatives
15 9 (5.03%) Product Marketing
15 9 (5.03%) Security Cleared
15 9 (5.03%) Continuous Improvement
16 8 (4.47%) User Acceptance Testing

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 (3.91%) CMS
2 4 (2.23%) IBM HTTP Server
3 1 (0.56%) Apache
Applications
1 11 (6.15%) MS Excel
2 8 (4.47%) MS Visio
3 6 (3.35%) MS Project
4 5 (2.79%) Chatbot
4 5 (2.79%) MS PowerPoint
5 4 (2.23%) MS Office
Business Applications
1 2 (1.12%) Dynamics CRM
1 2 (1.12%) SAP Hybris
2 1 (0.56%) Adobe Campaign
2 1 (0.56%) SAP Oil and Gas
Cloud Services
1 5 (2.79%) Amazon AWS
1 5 (2.79%) SaaS
2 4 (2.23%) Office 365
3 3 (1.68%) PaaS
4 2 (1.12%) IaaS
5 1 (0.56%) Adobe Analytics
5 1 (0.56%) Cloud Computing
Communications & Networking
1 2 (1.12%) Internet
2 1 (0.56%) Broadband
2 1 (0.56%) Unified Communications
2 1 (0.56%) Wi-Fi
Database & Business Intelligence
1 3 (1.68%) Big Data
1 3 (1.68%) Data Mining
2 2 (1.12%) MS Access
3 1 (0.56%) Data Lake
3 1 (0.56%) Data Warehouse
3 1 (0.56%) Hadoop
3 1 (0.56%) MongoDB
3 1 (0.56%) SQL Server
Development Applications
1 1 (0.56%) Git (software)
1 1 (0.56%) Team Foundation Server
1 1 (0.56%) TeamCity
General
1 38 (21.23%) Finance
2 32 (17.88%) Marketing
3 17 (9.50%) Retail
4 10 (5.59%) Legal
5 8 (4.47%) Banking
6 6 (3.35%) Advertising
6 6 (3.35%) Publishing
6 6 (3.35%) Telecoms
7 5 (2.79%) Back Office
8 4 (2.23%) Aerospace
8 4 (2.23%) Automotive
8 4 (2.23%) Front Office
8 4 (2.23%) Games
9 3 (1.68%) French Language
9 3 (1.68%) Law
10 2 (1.12%) Corporate Banking
10 2 (1.12%) Manufacturing
10 2 (1.12%) Retail Banking
10 2 (1.12%) Spanish Language
11 1 (0.56%) Electronics
Libraries, Frameworks & Software Standards
1 5 (2.79%) Web Services
2 3 (1.68%) .NET
3 2 (1.12%) FpML
4 1 (0.56%) ASP.NET
4 1 (0.56%) ASP.NET MVC
4 1 (0.56%) ASP.NET MVC 4
4 1 (0.56%) CSS
4 1 (0.56%) HTML
4 1 (0.56%) Node.js
4 1 (0.56%) React
4 1 (0.56%) RESTful
4 1 (0.56%) Ruby on Rails
4 1 (0.56%) SignalR
Miscellaneous
1 35 (19.55%) User Experience
2 15 (8.38%) Analytical Skills
3 11 (6.15%) Derivative
3 11 (6.15%) Fintech
4 9 (5.03%) Foreign Exchange (FX)
4 9 (5.03%) Mobile App
4 9 (5.03%) OTC Derivatives
5 4 (2.23%) Video on Demand
6 3 (1.68%) Virtual Team
7 2 (1.12%) Management Information System
7 2 (1.12%) Minimum Viable Product
7 2 (1.12%) NHS
7 2 (1.12%) Over-the-Top Content
7 2 (1.12%) Reference Data
7 2 (1.12%) Tandem
8 1 (0.56%) BBC
8 1 (0.56%) Blog
8 1 (0.56%) Computer Science
8 1 (0.56%) Digital Media
8 1 (0.56%) Equities
Operating Systems
1 2 (1.12%) Android
1 2 (1.12%) Apple iOS
1 2 (1.12%) Linux
2 1 (0.56%) CentOS
2 1 (0.56%) Windows
Processes & Methodologies
1 96 (53.63%) Agile Software Development
2 45 (25.14%) Product Management
3 30 (16.76%) Stakeholder Management
4 23 (12.85%) E-Commerce
5 21 (11.73%) Project Management
5 21 (11.73%) Scrum
6 18 (10.06%) Analytics
7 17 (9.50%) B2B
8 13 (7.26%) Service Design
9 11 (6.15%) User Stories
10 10 (5.59%) Business Analysis
10 10 (5.59%) Content Management
11 9 (5.03%) Continuous Improvement
11 9 (5.03%) CRM
11 9 (5.03%) Product Marketing
11 9 (5.03%) Programme Management
12 8 (4.47%) PLM
12 8 (4.47%) Technical Architecture
12 8 (4.47%) User Acceptance Testing
13 7 (3.91%) Migration
Programming Languages
1 3 (1.68%) Java
2 2 (1.12%) SQL
3 1 (0.56%) C#
3 1 (0.56%) JavaScript
3 1 (0.56%) PHP
3 1 (0.56%) Ruby
Qualifications
1 9 (5.03%) Security Cleared
2 6 (3.35%) Degree
3 4 (2.23%) BPSS Clearance
4 2 (1.12%) PMI Certification
4 2 (1.12%) PMP
4 2 (1.12%) PRINCE2 Practitioner
4 2 (1.12%) SC Cleared
5 1 (0.56%) DBS Check
5 1 (0.56%) DV Cleared
Quality Assurance & Compliance
1 5 (2.79%) Disclosure Scotland
2 1 (0.56%) Data Quality
2 1 (0.56%) PMO
2 1 (0.56%) UCITS
Vendors
1 8 (4.47%) Adobe
2 6 (3.35%) Microsoft
3 5 (2.79%) Facebook
3 5 (2.79%) hybris
4 4 (2.23%) Bloomberg
5 3 (1.68%) IBM
5 3 (1.68%) SAP
6 2 (1.12%) Tableau
7 1 (0.56%) EMC
7 1 (0.56%) Escenic
7 1 (0.56%) Hitachi
7 1 (0.56%) NetApp
7 1 (0.56%) Oracle
7 1 (0.56%) Salesforce.com
7 1 (0.56%) Zend
South West London
Oscar
Rate: £250 - £300 per day
Posted: 10 hours ago
South East London
Lorien Resourcing
Rate: £350 - £400 per annum
Posted: 5 days ago
London
The Change Partners Recruitment
Rate: From £300 to £390 per day
Posted: 5 days ago
London
Capita Resourcing - IT Resourcing
Rate: £28000 - £32000 per annum + Amazing Benefits
Posted: Yesterday
City, London
Salt
Rate: £400.00 - £600.00 per day
Posted: 6 days ago