Period
to 17 January 2018

The median contractor rate for a Product Manager was £530 per day in advertised job vacancies in Reading during the 6 months to 17 January 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 Manager
Berkshire > Reading
6 months to
17 Jan 2018
Same period 2017 Same period 2016
Rank 82 88 107
Rank change year-on-year +6 +19 -4
Contract jobs requiring a Product Manager 4 9 2
As % of all contract IT jobs advertised in Reading 0.32% 0.63% 0.10%
As % of the Job Titles category 0.34% 0.70% 0.11%
Number of daily rates quoted 2 6 0
Reading median daily rate £530 £395 -
Median daily rate % change year-on-year +34.18% - -
Berkshire median daily rate £463 £415 £375
% change year-on-year +11.45% +10.67% -14.29%
Number of hourly rates quoted 0 0 0
Reading median hourly rate - - -
Berkshire median hourly rate - £13.00 -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in Reading. 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
Reading
Contract vacancies in Reading with a recognized job title 1,178 1,284 1,812
% of contract IT jobs with a recognized job title 93.49% 90.55% 94.62%
Number of daily rates quoted 739 671 1,083
Reading median daily rate £400 £400 £400
10th Percentile £255 £238 £226
90th Percentile £575 £563 £538
Berkshire median daily rate £415 £400 £400
% change year-on-year +3.75% - +6.38%
Number of hourly rates quoted 34 73 123
Reading median hourly rate £15.00 £14.00 £25.00
Median hourly rate % change year-on-year +7.14% -44.00% +42.86%
10th Percentile £10.90 £9.25 £9.25
90th Percentile £41.50 £52.66 £55.55
Berkshire median hourly rate £15.00 £14.50 £20.00
% change year-on-year +3.45% -27.50% +17.65%

Product Manager
Job Vacancy Trend in Reading

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

Job vacancy trend for Product Manager in Reading

Product Manager
Contractor Daily Rate Trend in Reading

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

Contractor daily rate trend for Product Manager in Reading

Product Manager Skill Set
Top 22 Co-occurring IT Skills in Reading

For the 6 months to 17 January 2018, 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 Reading region featuring Product Manager in the job title.

1 3 (75.00%) Marketing
1 3 (75.00%) Analytical Skills
2 2 (50.00%) User Experience
2 2 (50.00%) Product Management
2 2 (50.00%) Business Development
2 2 (50.00%) Agile Software Development
2 2 (50.00%) Stakeholder Management
2 2 (50.00%) Scrum
3 1 (25.00%) Adobe Illustrator
3 1 (25.00%) InDesign
3 1 (25.00%) Telecoms
3 1 (25.00%) Finance
3 1 (25.00%) Photoshop
3 1 (25.00%) Adobe
3 1 (25.00%) Project Management
3 1 (25.00%) Asset Management
3 1 (25.00%) Fund Management
3 1 (25.00%) Social Media
3 1 (25.00%) UCITS
3 1 (25.00%) Product Marketing
3 1 (25.00%) Investment Management
3 1 (25.00%) Strategic Thinking

Product Manager Skill Set
Co-occurring IT Skills in Reading 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:

Applications
1 1 (25.00%) Adobe Illustrator
1 1 (25.00%) InDesign
1 1 (25.00%) Photoshop
General
1 3 (75.00%) Marketing
2 1 (25.00%) Finance
2 1 (25.00%) Telecoms
Miscellaneous
1 3 (75.00%) Analytical Skills
2 2 (50.00%) User Experience
3 1 (25.00%) Social Media
Processes & Methodologies
1 2 (50.00%) Agile Software Development
1 2 (50.00%) Business Development
1 2 (50.00%) Product Management
1 2 (50.00%) Scrum
1 2 (50.00%) Stakeholder Management
2 1 (25.00%) Asset Management
2 1 (25.00%) Fund Management
2 1 (25.00%) Investment Management
2 1 (25.00%) Product Marketing
2 1 (25.00%) Project Management
2 1 (25.00%) Strategic Thinking
Quality Assurance & Compliance
1 1 (25.00%) UCITS
Vendors
1 1 (25.00%) Adobe