Product Business Analyst Contracts

Product Business Analyst (Product BA)
UK

The median Product Business Analyst (Product BA) daily rate in the UK is £633 according to job vacancies posted during the 6 months to 12 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
12 May 2024
Same period 2023 Same period 2022
Rank 545 661 773
Rank change year-on-year +116 +112 -129
Contract jobs requiring a Product Business Analyst 41 37 92
As % of all contract jobs advertised in the UK 0.095% 0.064% 0.11%
As % of the Job Titles category 0.10% 0.067% 0.11%
Number of daily rates quoted 32 30 76
10th Percentile £405 £463 £431
25th Percentile £500 £513 £464
Median daily rate (50th Percentile) £633 £569 £625
Median % change year-on-year +11.21% -9.00% +25.00%
75th Percentile £788 £650 £700
90th Percentile - £815 -
UK excluding London median daily rate £410 £538 £431
% change year-on-year -23.72% +24.64% -1.43%

All Contract IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. 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 UK with a recognized job title 39,893 55,060 83,598
% of contract IT jobs with a recognized job title 92.76% 94.65% 95.41%
Number of daily rates quoted 25,957 38,445 58,715
10th Percentile £280 £313 £313
25th Percentile £410 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +10.53%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £490 £500 £475
% change year-on-year -2.00% +5.26% +11.76%
Number of hourly rates quoted 2,673 1,534 2,047
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.89
Median hourly rate £37.50 £45.00 £23.91
Median % change year-on-year -16.67% +88.21% +5.89%
75th Percentile £61.30 £65.75 £49.25
90th Percentile £72.90 £76.00 £65.00
UK excluding London median hourly rate £40.00 £42.08 £20.00
% change year-on-year -4.94% +110.39% +2.56%

Product Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Product Business Analyst in the UK

Product Business Analyst
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Product Business Analyst.

Daily rate trend for Product Business Analyst in the UK

Product Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Product Business Analyst over the 6 months to 12 May 2024.

Daily rate histogram for Product Business Analyst in the UK

Product Business Analyst
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Product Business Analyst.

Hourly rate trend for Product Business Analyst in the UK

Product Business Analyst
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Business Analyst within the UK over the 6 months to 12 May 2024. 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
England +111 35 £650 +6.12% 5
Work from Home +125 23 £725 +34.88% 4
London +93 23 £725 +16.00% 3
UK excluding London +65 9 £410 -23.72% 2
South East +21 4 £553 +5.29%
East of England +11 4 £410 -18.00%
North of England +23 1 - -
Yorkshire +21 1 - -

Product Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 12 May 2024, Product Business Analyst 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 featuring Product Business Analyst in the job title.

1 33 (80.49%) Product Ownership
2 32 (78.05%) Agile
3 20 (48.78%) Finance
4 19 (46.34%) Foreign Exchange (FX)
4 19 (46.34%) Machine Learning
5 18 (43.90%) Derivative
5 18 (43.90%) Front Office
5 18 (43.90%) Python
6 17 (41.46%) Artificial Intelligence
6 17 (41.46%) Asset Management
6 17 (41.46%) Fixed Income
6 17 (41.46%) Equities
6 17 (41.46%) Investment Management
6 17 (41.46%) Hedge funds
7 15 (36.59%) AWS
7 15 (36.59%) Product Management
7 15 (36.59%) Analytics
7 15 (36.59%) SQL
8 10 (24.39%) JIRA
8 10 (24.39%) Roadmaps
9 8 (19.51%) Scrum
10 7 (17.07%) Confluence
10 7 (17.07%) User Stories
11 6 (14.63%) Pharmaceutical
11 6 (14.63%) Java
11 6 (14.63%) JavaScript
12 5 (12.20%) Stakeholder Management
12 5 (12.20%) Banking
12 5 (12.20%) Business Analysis
12 5 (12.20%) Power BI

Product Business Analyst Skill Set
Co-occurring Skills and Capabilities 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:

Application Platforms
1 7 (17.07%) Confluence
Business Applications
1 1 (2.44%) Dynamics CRM
1 1 (2.44%) Shopify
Cloud Services
1 15 (36.59%) AWS
2 5 (12.20%) Power Platform
3 4 (9.76%) Collibra
4 2 (4.88%) Azure
5 1 (2.44%) Azure DevOps
5 1 (2.44%) BigCommerce
5 1 (2.44%) Salesforce Commerce Cloud
Database & Business Intelligence
1 5 (12.20%) Power BI
2 4 (9.76%) Metadata
3 1 (2.44%) Data Mart
3 1 (2.44%) Tableau
Development Applications
1 10 (24.39%) JIRA
2 4 (9.76%) Eclipse
2 4 (9.76%) PyCharm
3 1 (2.44%) Balsamiq
General
1 20 (48.78%) Finance
2 18 (43.90%) Front Office
3 6 (14.63%) Pharmaceutical
4 5 (12.20%) Banking
5 4 (9.76%) Manufacturing
5 4 (9.76%) Social Skills
6 2 (4.88%) Analytical Skills
6 2 (4.88%) Investment Banking
6 2 (4.88%) Marketing
6 2 (4.88%) Retail
7 1 (2.44%) Corporate Banking
7 1 (2.44%) Digital Health
7 1 (2.44%) French Language
7 1 (2.44%) Inclusion and Diversity
7 1 (2.44%) Organisational Skills
7 1 (2.44%) Presentation Skills
7 1 (2.44%) Private Banking
7 1 (2.44%) Retail Banking
Libraries, Frameworks & Software Standards
1 2 (4.88%) OAuth
1 2 (4.88%) OpenID
2 1 (2.44%) FIX Protocol
2 1 (2.44%) VML
Miscellaneous
1 33 (80.49%) Product Ownership
2 19 (46.34%) Foreign Exchange (FX)
3 18 (43.90%) Derivative
4 17 (41.46%) Equities
4 17 (41.46%) Fixed Income
4 17 (41.46%) Hedge funds
5 1 (2.44%) Algorithms
5 1 (2.44%) Interest Rate Derivative
5 1 (2.44%) Mobile App
5 1 (2.44%) Wiki
Operating Systems
1 4 (9.76%) Apple iOS
Processes & Methodologies
1 32 (78.05%) Agile
2 19 (46.34%) Machine Learning
3 17 (41.46%) Artificial Intelligence
3 17 (41.46%) Asset Management
3 17 (41.46%) Investment Management
4 15 (36.59%) Analytics
4 15 (36.59%) Product Management
5 10 (24.39%) Roadmaps
6 8 (19.51%) Scrum
7 7 (17.07%) User Stories
8 5 (12.20%) Business Analysis
8 5 (12.20%) Requirements Gathering
8 5 (12.20%) Stakeholder Management
9 4 (9.76%) Data Governance
9 4 (9.76%) Lean Six Sigma
9 4 (9.76%) Order Management
9 4 (9.76%) Six Sigma
9 4 (9.76%) Software Delivery
9 4 (9.76%) Workflow
10 3 (7.32%) Use Case
Programming Languages
1 18 (43.90%) Python
2 15 (36.59%) SQL
3 6 (14.63%) Java
3 6 (14.63%) JavaScript
4 4 (9.76%) Groovy
Qualifications
1 2 (4.88%) CSPO
2 1 (2.44%) Computer Science Degree
2 1 (2.44%) Degree
2 1 (2.44%) Master's Degree
Quality Assurance & Compliance
1 4 (9.76%) GDPR
1 4 (9.76%) Good Clinical Practice
1 4 (9.76%) GxP
2 3 (7.32%) QA
Vendors
1 3 (7.32%) Microsoft
2 2 (4.88%) Salesforce
2 2 (4.88%) SAP
3 1 (2.44%) Adobe
3 1 (2.44%) Dell
3 1 (2.44%) Intel
3 1 (2.44%) Murex
3 1 (2.44%) Oracle
3 1 (2.44%) Sitecore
3 1 (2.44%) TSYS