The median contractor rate for a Product Manager was £475 per day in advertised job vacancies in London during the 3 months to 26 June 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
26 Jun 2017
Same period 2016 Same period 2015
Rank 331 309 368
Rank change year-on-year -22 +59  
Contract jobs requiring a Product Manager 94 109 74
As % of all contract IT jobs advertised in London 0.45% 0.51% 0.32%
As % of the Job Titles category 0.48% 0.54% 0.33%
Number of daily rates quoted 75 84 60
Median daily rate £475 £475 £450
Median daily rate % change year-on-year - +5.55%  
90% offered a daily rate of more than £335 £350 £298
10% offered a daily rate of more than £646 £590 £603
UK excluding London median daily rate £408 £525 £425
% change year-on-year -22.38% +23.52%  
Number of hourly rates quoted 0 1 0
Median hourly rate - £34.85 -
UK excluding London median hourly rate - £35.00 -

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 19705 20363 22100
As % of all contract IT job vacancies advertised in London 94.93% 95.26% 94.68%
Number of daily rates quoted 14056 14779 15421
Median daily rate £500 £463 £440
Median daily rate % change year-on-year +8.10% +5.11%  
90% offered a daily rate of more than £315 £295 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 245 225 369
Median hourly rate £19.82 £17.89 £19.72
Median hourly rate % change year-on-year +10.81% -9.28%  
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £47.76 £42.60 £52.17
UK excluding London median hourly rate £17.50 £17.45 £16.00
% change year-on-year +0.28% +9.06%  

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 26 June 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 26 June 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 -8 11 £488 +2.63% 14
Canary Wharf - 3 £750 -
Docklands, London - 2 £613 -
Greenwich - 1 - -
Product Manager
England

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

For the 6 months to 26 June 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 93 (53.14%) Agile Software Development
2 55 (31.43%) User Experience
3 46 (26.29%) Product Management
4 38 (21.71%) Finance
5 31 (17.71%) E-Commerce
5 31 (17.71%) Retail
6 28 (16.00%) Marketing
7 23 (13.14%) Scrum
8 20 (11.43%) Project Management
8 20 (11.43%) Banking
9 19 (10.86%) Stakeholder Management
10 17 (9.71%) Analytical Skills
10 17 (9.71%) Mobile App
11 15 (8.57%) User Stories
11 15 (8.57%) Fintech
12 14 (8.00%) Service Design
13 13 (7.43%) Analytics
13 13 (7.43%) Security Cleared
14 12 (6.86%) Waterfall
14 12 (6.86%) B2B
15 10 (5.71%) B2C
15 10 (5.71%) CRM
16 9 (5.14%) Kanban
17 8 (4.57%) Legal
18 7 (4.00%) Business Intelligence
18 7 (4.00%) Service Delivery
18 7 (4.00%) Law
18 7 (4.00%) Microsoft
18 7 (4.00%) PRINCE2
18 7 (4.00%) Microsoft PowerPoint

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 6 (3.43%) CMS
2 3 (1.71%) Apache Solr
2 3 (1.71%) Elasticsearch
3 1 (0.57%) Apache
Applications
1 7 (4.00%) Microsoft PowerPoint
2 6 (3.43%) Microsoft Excel
2 6 (3.43%) MS Visio
3 4 (2.29%) Microsoft Project
4 2 (1.14%) Microsoft Office
Business Applications
1 2 (1.14%) Dynamics CRM
2 1 (0.57%) Adobe Campaign
2 1 (0.57%) Magento
2 1 (0.57%) Oracle Applications
2 1 (0.57%) Oracle Retail
2 1 (0.57%) SAP Retail
2 1 (0.57%) Shopify
Cloud Services
1 5 (2.86%) Amazon AWS
2 4 (2.29%) Office 365
3 2 (1.14%) Google Analytics
3 2 (1.14%) IaaS
3 2 (1.14%) SaaS
4 1 (0.57%) Adobe Analytics
4 1 (0.57%) Basecamp
4 1 (0.57%) Cloud Computing
4 1 (0.57%) Google Play
4 1 (0.57%) iTunes
Communications & Networking
1 1 (0.57%) Broadband
1 1 (0.57%) Internet
Database & Business Intelligence
1 2 (1.14%) Big Data
2 1 (0.57%) Hadoop
2 1 (0.57%) MongoDB
2 1 (0.57%) SQL Server
Development Applications
1 4 (2.29%) JIRA
2 1 (0.57%) Git (software)
2 1 (0.57%) Team Foundation Server
2 1 (0.57%) TeamCity
General
1 38 (21.71%) Finance
2 31 (17.71%) Retail
3 28 (16.00%) Marketing
4 20 (11.43%) Banking
5 8 (4.57%) Legal
6 7 (4.00%) Advertising
6 7 (4.00%) Law
7 6 (3.43%) Digital Economy
8 5 (2.86%) Publishing
9 4 (2.29%) Retail Banking
10 3 (1.71%) Telecoms
11 2 (1.14%) Games
11 2 (1.14%) Investment Banking
12 1 (0.57%) Back Office
12 1 (0.57%) Electronics
12 1 (0.57%) Financial Institution
12 1 (0.57%) French Language
12 1 (0.57%) German Language
12 1 (0.57%) Manufacturing
Libraries, Frameworks & Software Standards
1 5 (2.86%) Web Services
2 3 (1.71%) Lucene
3 2 (1.14%) .NET
3 2 (1.14%) Node.js
3 2 (1.14%) React
3 2 (1.14%) Ruby on Rails
4 1 (0.57%) ASP.NET
4 1 (0.57%) ASP.NET MVC
4 1 (0.57%) ASP.NET MVC 4
4 1 (0.57%) RESTful
4 1 (0.57%) SignalR
Miscellaneous
1 55 (31.43%) User Experience
2 17 (9.71%) Analytical Skills
2 17 (9.71%) Mobile App
3 15 (8.57%) Fintech
4 3 (1.71%) Blog
4 3 (1.71%) Management Information System
4 3 (1.71%) Over-the-Top Content
4 3 (1.71%) PMI
4 3 (1.71%) Video on Demand
5 2 (1.14%) Equities
5 2 (1.14%) Foreign Exchange (FX)
5 2 (1.14%) Greenfield Project
5 2 (1.14%) Mobile Payment
5 2 (1.14%) Tandem
5 2 (1.14%) Virtual Team
6 1 (0.57%) Digital Media
6 1 (0.57%) Enterprise Software
6 1 (0.57%) Minimum Viable Product
6 1 (0.57%) Mobile Banking
6 1 (0.57%) VUI
Operating Systems
1 4 (2.29%) Android
1 4 (2.29%) Apple iOS
2 2 (1.14%) Linux
3 1 (0.57%) CentOS
3 1 (0.57%) Windows
Processes & Methodologies
1 93 (53.14%) Agile Software Development
2 46 (26.29%) Product Management
3 31 (17.71%) E-Commerce
4 23 (13.14%) Scrum
5 20 (11.43%) Project Management
6 19 (10.86%) Stakeholder Management
7 15 (8.57%) User Stories
8 14 (8.00%) Service Design
9 13 (7.43%) Analytics
10 12 (6.86%) B2B
10 12 (6.86%) Waterfall
11 10 (5.71%) B2C
11 10 (5.71%) CRM
12 9 (5.14%) Kanban
13 7 (4.00%) Business Intelligence
13 7 (4.00%) Continuous Improvement
13 7 (4.00%) Migration
13 7 (4.00%) PRINCE2
13 7 (4.00%) Service Delivery
13 7 (4.00%) Wireframes
Programming Languages
1 3 (1.71%) PHP
1 3 (1.71%) SQL
2 2 (1.14%) Ruby
3 1 (0.57%) C#
3 1 (0.57%) Java
3 1 (0.57%) JavaScript
Qualifications
1 13 (7.43%) Security Cleared
2 5 (2.86%) SC Cleared
3 4 (2.29%) Degree
4 3 (1.71%) PMI Certification
5 2 (1.14%) BPSS Clearance
5 2 (1.14%) DV Cleared
6 1 (0.57%) PMP
6 1 (0.57%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 7 (4.00%) QA
2 3 (1.71%) Disclosure Scotland
3 2 (1.14%) PMO
4 1 (0.57%) P3O
4 1 (0.57%) PCI DSS
4 1 (0.57%) UCITS
Vendors
1 7 (4.00%) Microsoft
2 5 (2.86%) Bloomberg
3 4 (2.29%) Adobe
3 4 (2.29%) Salesforce.com
4 3 (1.71%) hybris
4 3 (1.71%) Progress
4 3 (1.71%) Zend
5 2 (1.14%) ATG
5 2 (1.14%) Google
5 2 (1.14%) IBM
5 2 (1.14%) Oracle
6 1 (0.57%) EMC
6 1 (0.57%) Escenic
6 1 (0.57%) Hitachi
6 1 (0.57%) NetApp
6 1 (0.57%) Omniture
6 1 (0.57%) Reuters
6 1 (0.57%) SAP
6 1 (0.57%) Sitecore
6 1 (0.57%) Tableau
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