Period
to 19 June 2018

The median contractor rate for a Product Owner was £438 per day in advertised job vacancies in the North West during the 6 months to 19 June 2018.

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 Owner
England > North West
6 months to
19 Jun 2018
Same period 2017 Same period 2016
Rank 197 194 221
Rank change year-on-year -3 +27 +1
Contract jobs requiring a Product Owner 18 4 12
As % of all contract IT jobs advertised in the North West 0.31% 0.073% 0.16%
As % of the Job Titles category 0.32% 0.077% 0.16%
Number of daily rates quoted 16 5 4
North West median daily rate £438 £388 £563
Median daily rate % change year-on-year +12.90% -31.11% +50.00%
10th Percentile £363 £365 £446
90th Percentile £588 £415 £596
England median daily rate £475 £450 £475
% change year-on-year +5.56% -5.26% -
Number of hourly rates quoted 0 0 0
North West median hourly rate - - -
England median hourly rate - £80.00 -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the North West. 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
North West
Contract vacancies in the North West with a recognized job title 5,562 5,164 7,290
% of contract IT jobs with a recognized job title 95.24% 94.60% 94.64%
Number of daily rates quoted 3,442 3,123 4,404
North West median daily rate £400 £400 £400
10th Percentile £250 £225 £244
90th Percentile £575 £550 £545
England median daily rate £450 £435 £425
% change year-on-year +3.45% +2.35% +6.25%
Number of hourly rates quoted 315 291 308
North West median hourly rate £17.50 £19.00 £20.50
Median hourly rate % change year-on-year -7.89% -7.32% +13.07%
10th Percentile £11.28 £11.00 £11.32
90th Percentile £50.00 £51.50 £47.39
England median hourly rate £18.50 £18.70 £20.00
% change year-on-year -1.07% -6.49% +14.27%

Product Owner
Job Vacancy Trend in the North West

Job postings that featured Product Owner in the job title as a percentage of all IT jobs advertised in the North West.

Job vacancy trend for Product Owner in the North West

Product Owner
Contractor Daily Rate Trend in the North West

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Product Owner in the North West.

Contractor daily rate trend for Product Owner in the North West

Product Owner
Contractor Daily Rate Histogram in the North West

The daily rate distribution of IT jobs citing Product Owner in the North West over the 6 months to 19 June 2018.

Contractor daily rate histogram for Product Owner in the North West

Product Owner
Contract Job Locations in the North West

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 North West region over the 6 months to 19 June 2018. 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
Manchester -15 12 £438 +12.90% 3
Cheshire -9 2 £425 +3.03% 1
Lancashire - 2 £575 -
Merseyside +17 1 - -
Product Owner
England

Product Owner Skill Set
Top 30 Co-occurring IT Skills in the North West

For the 6 months to 19 June 2018, Product Owner contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the North West region featuring Product Owner in the job title.

1 16 (88.89%) Agile Software Development
2 6 (33.33%) User Stories
3 5 (27.78%) Decision-Making
3 5 (27.78%) Product Management
3 5 (27.78%) Finance
3 5 (27.78%) Scrum
4 4 (22.22%) Programme Management
4 4 (22.22%) Service Management
4 4 (22.22%) E-Commerce
4 4 (22.22%) Velocity
4 4 (22.22%) Performance Management
4 4 (22.22%) Acceptance Criteria
4 4 (22.22%) SFIA
4 4 (22.22%) Process Improvement
4 4 (22.22%) Business Process Improvement
4 4 (22.22%) APMG
5 3 (16.67%) User Experience
5 3 (16.67%) Data Visualisation
5 3 (16.67%) Continuous Improvement
5 3 (16.67%) Office 365
5 3 (16.67%) Microservices
5 3 (16.67%) API Development
5 3 (16.67%) Service Design
5 3 (16.67%) Collaborative Working
5 3 (16.67%) Visualisation
5 3 (16.67%) Supplier Management
5 3 (16.67%) Web Services
5 3 (16.67%) Microsoft
5 3 (16.67%) Service Delivery
6 2 (11.11%) Symantec

Product Owner Skill Set
Co-occurring IT Skills in the North West 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:

Cloud Services
1 3 (16.67%) Office 365
Communications & Networking
1 1 (5.56%) DMARC
Development Applications
1 2 (11.11%) JIRA
General
1 5 (27.78%) Finance
2 1 (5.56%) Banking
2 1 (5.56%) Marketing
2 1 (5.56%) Retail
Libraries, Frameworks & Software Standards
1 4 (22.22%) Velocity
2 3 (16.67%) Web Services
Miscellaneous
1 3 (16.67%) User Experience
2 2 (11.11%) Greenfield Project
3 1 (5.56%) Analytical Skills
3 1 (5.56%) Fintech
Processes & Methodologies
1 16 (88.89%) Agile Software Development
2 6 (33.33%) User Stories
3 5 (27.78%) Decision-Making
3 5 (27.78%) Product Management
3 5 (27.78%) Scrum
4 4 (22.22%) Acceptance Criteria
4 4 (22.22%) Business Process Improvement
4 4 (22.22%) E-Commerce
4 4 (22.22%) Performance Management
4 4 (22.22%) Process Improvement
4 4 (22.22%) Programme Management
4 4 (22.22%) Service Management
4 4 (22.22%) SFIA
5 3 (16.67%) API Development
5 3 (16.67%) Collaborative Working
5 3 (16.67%) Continuous Improvement
5 3 (16.67%) Data Visualisation
5 3 (16.67%) Microservices
5 3 (16.67%) Service Design
5 3 (16.67%) Visualisation
Programming Languages
1 1 (5.56%) C
Qualifications
1 4 (22.22%) APMG
Vendors
1 3 (16.67%) Microsoft
2 2 (11.11%) McAfee
2 2 (11.11%) Symantec