Product Business Analyst Contracts

Product Business Analyst (Product BA)
UK

The median Product Business Analyst (Product BA) daily rate in the UK is £675, according to job vacancies posted in the 6 months leading up to 1 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
1 May 2025
Same period 2024 Same period 2023
Rank 485 540 682
Rank change year-on-year +55 +142 +81
Contract jobs requiring a Product Business Analyst 35 42 36
As % of all contract jobs advertised in the UK 0.12% 0.096% 0.060%
As % of the Job Titles category 0.13% 0.10% 0.064%
Number of daily rates quoted 28 32 29
10th Percentile £436 £407 £473
25th Percentile £609 £500 £513
Median daily rate (50th Percentile) £675 £615 £550
Median % change year-on-year +9.76% +11.82% -12.00%
75th Percentile £797 £761 £675
90th Percentile £938 £788 £838
UK excluding London median daily rate £525 £468 £538
% change year-on-year +12.30% -13.02% +30.30%

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides 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 27,084 40,415 56,464
% of contract IT jobs with a recognized job title 92.52% 92.78% 94.61%
Number of daily rates quoted 17,692 26,309 39,470
10th Percentile £300 £275 £313
25th Percentile £406 £410 £425
Median daily rate (50th Percentile) £515 £525 £540
Median % change year-on-year -1.90% -2.78% +2.86%
75th Percentile £625 £638 £650
90th Percentile £738 £750 £750
UK excluding London median daily rate £475 £492 £500
% change year-on-year -3.46% -1.60% +5.26%
Number of hourly rates quoted 1,035 2,664 1,570
10th Percentile £14.07 £12.86 £14.29
25th Percentile £18.50 £16.30 £19.50
Median hourly rate £29.00 £36.42 £45.00
Median % change year-on-year -20.37% -19.07% +91.49%
75th Percentile £62.50 £60.75 £65.75
90th Percentile £75.00 £72.50 £75.75
UK excluding London median hourly rate £28.00 £39.55 £42.50
% change year-on-year -29.20% -6.94% +117.95%

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 1 May 2025.

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 7 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 1 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
England +54 34 £675 +9.76% 3
London +41 28 £675 +3.85% 3
Work from Home +28 7 £560 -22.76%
UK excluding London +59 5 £525 +12.30%
South East +46 3 £525 -9.56%
Scotland - 1 - -
South West - 1 - -

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

For the 6 months to 1 May 2025, 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 30 (85.71%) Agile
1 30 (85.71%) Finance
2 22 (62.86%) Product Ownership
3 21 (60.00%) Analytics
4 20 (57.14%) Degree
4 20 (57.14%) Roadmaps
5 19 (54.29%) Derivative
5 19 (54.29%) Front Office
5 19 (54.29%) Fixed Income
5 19 (54.29%) Investment Management
6 18 (51.43%) Hedge funds
6 18 (51.43%) Apple iOS
6 18 (51.43%) Quantitative Analysis
6 18 (51.43%) Portfolio Management
6 18 (51.43%) Machine Learning
6 18 (51.43%) Asset Management
6 18 (51.43%) Equities
6 18 (51.43%) Foreign Exchange (FX)
6 18 (51.43%) Artificial Intelligence
6 18 (51.43%) Risk Analytics
6 18 (51.43%) Front End Development
6 18 (51.43%) Order Management
7 7 (20.00%) User Stories
8 5 (14.29%) Product Management
9 4 (11.43%) Data Transformation
9 4 (11.43%) Business Analysis
9 4 (11.43%) Retail
9 4 (11.43%) Scrum
9 4 (11.43%) Social Skills
10 3 (8.57%) Scaled Agile Framework

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 2 (5.71%) Confluence
Business Applications
1 1 (2.86%) Dynamics CRM
1 1 (2.86%) ION Anvil
Cloud Services
1 1 (2.86%) Azure
1 1 (2.86%) Azure DevOps
1 1 (2.86%) Pendo
Database & Business Intelligence
1 1 (2.86%) MS Access
Development Applications
1 2 (5.71%) JIRA
General
1 30 (85.71%) Finance
2 19 (54.29%) Front Office
3 4 (11.43%) Retail
3 4 (11.43%) Social Skills
4 3 (8.57%) Analytical Skills
4 3 (8.57%) Banking
5 1 (2.86%) Financial Institution
5 1 (2.86%) Investment Banking
5 1 (2.86%) Presentation Skills
Miscellaneous
1 22 (62.86%) Product Ownership
2 19 (54.29%) Derivative
2 19 (54.29%) Fixed Income
3 18 (51.43%) Equities
3 18 (51.43%) Foreign Exchange (FX)
3 18 (51.43%) Hedge funds
4 1 (2.86%) Market Risk
Operating Systems
1 18 (51.43%) Apple iOS
Processes & Methodologies
1 30 (85.71%) Agile
2 21 (60.00%) Analytics
3 20 (57.14%) Roadmaps
4 19 (54.29%) Investment Management
5 18 (51.43%) Artificial Intelligence
5 18 (51.43%) Asset Management
5 18 (51.43%) Front End Development
5 18 (51.43%) Machine Learning
5 18 (51.43%) Order Management
5 18 (51.43%) Portfolio Management
5 18 (51.43%) Quantitative Analysis
5 18 (51.43%) Risk Analytics
6 7 (20.00%) User Stories
7 5 (14.29%) Product Management
8 4 (11.43%) Business Analysis
8 4 (11.43%) Data Transformation
8 4 (11.43%) Scrum
9 3 (8.57%) Acceptance Criteria
9 3 (8.57%) Scaled Agile Framework
10 2 (5.71%) Problem-Solving
Programming Languages
1 1 (2.86%) SQL
Qualifications
1 20 (57.14%) Degree
2 1 (2.86%) Computer Science Degree
2 1 (2.86%) Master's Degree
Quality Assurance & Compliance
1 3 (8.57%) QA
2 1 (2.86%) COREP
2 1 (2.86%) MiFID
Vendors
1 1 (2.86%) ION Trading
1 1 (2.86%) Microsoft
1 1 (2.86%) Oracle