Product Requirements
London > South London
The following table provides summary statistics for contract job vacancies advertised in South London with a requirement for Product Requirements skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Product Requirements over the 6 months to 15 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 15 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | - | 45 | 49 |
| Rank change year-on-year | - | +4 | -11 |
| Contract jobs citing Product Requirements | 0 | 5 | 2 |
| As % of all contract jobs advertised in South London | - | 1.31% | 0.55% |
| As % of the Processes & Methodologies category | - | 1.47% | 0.61% |
| Number of daily rates quoted | 0 | 0 | 0 |
| Median daily rate (50th Percentile) | - | - | - |
| London median daily rate | £569 | £563 | £600 |
| % change year-on-year | +1.11% | -6.25% | +26.32% |
| Number of hourly rates quoted | 0 | 4 | 1 |
| Median hourly rate | - | £50.42 | £39.29 |
| Median % change year-on-year | - | +28.33% | - |
| London median hourly rate | £67.50 | £50.42 | £45.90 |
| % change year-on-year | +33.88% | +9.86% | -36.26% |
All Process and Methodology Skills
South London
Product Requirements is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in South London with a requirement for process or methodology skills.
| Contract vacancies with a requirement for process or methodology skills | 223 | 341 | 327 |
| As % of all contract IT jobs advertised in South London | 95.71% | 89.03% | 90.08% |
| Number of daily rates quoted | 154 | 272 | 247 |
| 10th Percentile | £259 | £300 | £337 |
| 25th Percentile | £425 | £453 | £425 |
| Median daily rate (50th Percentile) | £500 | £525 | £550 |
| Median % change year-on-year | -4.76% | -4.55% | +4.76% |
| 75th Percentile | £575 | £649 | £638 |
| 90th Percentile | £630 | £750 | £700 |
| London median daily rate | £550 | £590 | £575 |
| % change year-on-year | -6.78% | +2.61% | +9.52% |
| Number of hourly rates quoted | 16 | 13 | 12 |
| 10th Percentile | £17.00 | £18.75 | £39.34 |
| 25th Percentile | £20.25 | £20.00 | £40.31 |
| Median hourly rate | £23.50 | £50.42 | £45.65 |
| Median % change year-on-year | -53.39% | +10.46% | -2.88% |
| 75th Percentile | £77.19 | - | £48.58 |
| 90th Percentile | £83.75 | £55.22 | £49.72 |
| London median hourly rate | £27.84 | £38.25 | £37.50 |
| % change year-on-year | -27.22% | +2.00% | +14.16% |
Product Requirements
Job Vacancy Trend in South London
Job postings citing Product Requirements as a proportion of all IT jobs advertised in South London.
Product Requirements
Contractor Daily Rate Trend in South London
3-month moving average daily rate quoted in jobs citing Product Requirements in South London.