Product Owner Contracts in the Midlands

Product Owner
England > Midlands

The median Product Owner daily rate in the Midlands is £395, according to job vacancies posted in the 6 months leading up to 2 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
2 May 2025
Same period 2024 Same period 2023
Rank 109 120 147
Rank change year-on-year +11 +27 +21
Contract jobs requiring a Product Owner 8 16 17
As % of all contract jobs advertised in the Midlands 0.42% 0.58% 0.49%
As % of the Job Titles category 0.46% 0.63% 0.52%
Number of daily rates quoted 6 15 15
10th Percentile £356 £210 £428
25th Percentile £357 £472 £481
Median daily rate (50th Percentile) £395 £563 £550
Median % change year-on-year -29.73% +2.27% +15.79%
75th Percentile £498 £584 £600
90th Percentile £526 £653 -
England median daily rate £550 £588 £594
% change year-on-year -6.38% -1.05% +7.95%

All Contract IT Job Vacancies
Midlands

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in the Midlands. 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.

Contract vacancies in the Midlands with a recognized job title 1,727 2,541 3,250
% of contract IT jobs with a recognized job title 90.04% 91.93% 94.53%
Number of daily rates quoted 1,143 1,714 2,283
10th Percentile £200 £213 £223
25th Percentile £356 £325 £363
Median daily rate (50th Percentile) £475 £470 £475
Median % change year-on-year +1.06% -1.05% +3.26%
75th Percentile £554 £588 £588
90th Percentile £638 £688 £675
England median daily rate £525 £525 £550
% change year-on-year - -4.55% +4.76%
Number of hourly rates quoted 107 214 127
10th Percentile £12.62 £11.85 £12.30
25th Percentile £14.00 £14.27 £15.17
Median hourly rate £18.77 £19.59 £20.00
Median % change year-on-year -4.21% -2.05% +16.33%
75th Percentile £28.18 £35.00 £28.25
90th Percentile £35.25 £54.40 £60.50
England median hourly rate £30.78 £36.02 £44.77
% change year-on-year -14.55% -19.53% +98.96%

Product Owner
Job Vacancy Trend in the Midlands

Job postings that featured Product Owner in the job title as a proportion of all IT jobs advertised in the Midlands.

Job vacancy trend for Product Owner in the Midlands

Product Owner
Contractor Daily Rate Trend in the Midlands

3-month moving average daily rate quoted in jobs citing Product Owner in the Midlands.

Daily rate trend for Product Owner in the Midlands

Product Owner
Daily Rate Histogram in the Midlands

Daily rate distribution for jobs citing Product Owner in the Midlands over the 6 months to 2 May 2025.

Daily rate histogram for Product Owner in the Midlands

Product Owner
Contract Job Locations in the Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Owner within the Midlands region over the 6 months to 2 May 2025. 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
Jobs
East Midlands +14 4 £357 -37.23% 2
West Midlands +9 4 £520 -5.45% 15
Product Owner
England

Product Owner Skill Set
Top 30 Co-occurring Skills and Capabilities in the Midlands

For the 6 months to 2 May 2025, Product Owner contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Midlands region featuring Product Owner in the job title.

1 8 (100.00%) Agile
1 8 (100.00%) Product Ownership
2 7 (87.50%) User Stories
3 5 (62.50%) Problem-Solving
3 5 (62.50%) Scaled Agile Framework
3 5 (62.50%) Scrum
3 5 (62.50%) Product Management
3 5 (62.50%) Continuous Improvement
4 4 (50.00%) User Experience
4 4 (50.00%) Degree
4 4 (50.00%) Backlog Prioritisation
5 3 (37.50%) Business Strategy
5 3 (37.50%) Roadmaps
5 3 (37.50%) Decision-Making
5 3 (37.50%) Backlog Management
5 3 (37.50%) Acceptance Criteria
5 3 (37.50%) Business Process Modelling
5 3 (37.50%) Business Analysis
5 3 (37.50%) SaaS
5 3 (37.50%) Stakeholder Management
5 3 (37.50%) UX Design
6 2 (25.00%) Project Management
6 2 (25.00%) Analytics
6 2 (25.00%) Product Vision
6 2 (25.00%) Social Skills
6 2 (25.00%) Product Roadmap
7 1 (12.50%) Onboarding
7 1 (12.50%) Product Operations
7 1 (12.50%) Presentation Skills
7 1 (12.50%) CI/CD

Product Owner Skill Set
Co-occurring Skills and Capabilities in the Midlands by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 1 (12.50%) Dynamics CRM
1 1 (12.50%) Primavera
Cloud Services
1 3 (37.50%) SaaS
2 1 (12.50%) Azure
2 1 (12.50%) Azure DevOps
2 1 (12.50%) Dynamics 365
Development Applications
1 1 (12.50%) JIRA
General
1 2 (25.00%) Social Skills
2 1 (12.50%) Analytical Skills
2 1 (12.50%) Banking
2 1 (12.50%) Finance
2 1 (12.50%) Financial Institution
2 1 (12.50%) Humanities
2 1 (12.50%) Legal
2 1 (12.50%) Presentation Skills
Libraries, Frameworks & Software Standards
1 1 (12.50%) REST
Miscellaneous
1 8 (100.00%) Product Ownership
2 1 (12.50%) Greenfield Project
2 1 (12.50%) Onboarding
2 1 (12.50%) Renewable Energy
Processes & Methodologies
1 8 (100.00%) Agile
2 7 (87.50%) User Stories
3 5 (62.50%) Continuous Improvement
3 5 (62.50%) Problem-Solving
3 5 (62.50%) Product Management
3 5 (62.50%) Scaled Agile Framework
3 5 (62.50%) Scrum
4 4 (50.00%) Backlog Prioritisation
4 4 (50.00%) User Experience
5 3 (37.50%) Acceptance Criteria
5 3 (37.50%) Backlog Management
5 3 (37.50%) Business Analysis
5 3 (37.50%) Business Process Modelling
5 3 (37.50%) Business Strategy
5 3 (37.50%) Decision-Making
5 3 (37.50%) Roadmaps
5 3 (37.50%) Stakeholder Management
5 3 (37.50%) UX Design
6 2 (25.00%) Product Roadmap
6 2 (25.00%) Product Vision
Qualifications
1 4 (50.00%) Degree