Period
to 18 November 2017

The median contractor rate for a Product Consultant was £363 per day in advertised job vacancies during the 6 months to 18 November 2017.

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 Consultant
UK
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 861 876 897
Rank change year-on-year +15 +21 -20
Contract jobs requiring a Product Consultant 28 10 7
As % of all contract IT jobs advertised in the UK 0.027% 0.009% 0.006%
As % of the Job Titles category 0.029% 0.010% 0.006%
Number of daily rates quoted 12 5 2
UK median daily rate £363 £475 £625
Median daily rate % change year-on-year -23.68% -24.00% -
10th Percentile £313 £388 £530
90th Percentile £534 £838 £740
UK excluding London median daily rate £425 £475 -
% change year-on-year -10.53% - -
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

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.

All Contract IT Job Vacancies
UK
Contract vacancies in the UK with a recognized job title 96790 100139 109026
% of contract IT jobs with a recognized job title 94.81% 94.77% 94.89%
Number of daily rates quoted 63814 65329 69364
UK median daily rate £448 £425 £400
Median daily rate % change year-on-year +5.29% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £392 £375
% change year-on-year +1.98% +4.60% +4.17%
Number of hourly rates quoted 2894 3317 4130
UK median hourly rate £18.70 £18.00 £18.00
Median hourly rate % change year-on-year +3.89% - +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.25 £45.00
UK excluding London median hourly rate £17.74 £17.50 £17.50
% change year-on-year +1.37% - +8.29%

Product Consultant
Job Vacancy Trend

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

Job vacancy trend for Product Consultant in the UK

Product Consultant
Contractor Daily Rate Trend

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

Contractor daily rate trend for Product Consultant in the UK

Product Consultant
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Product Consultant over the 6 months to 18 November 2017.

Contractor daily rate histogram for Product Consultant in the UK

Product Consultant
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Product Consultant.

Contractor hourly rate trend for Product Consultant in the UK

Product Consultant
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Consultant within the UK over the 6 months to 18 November 2017. 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
England +61 28 £363 -40.82% 4
London +5 20 £325 -46.94% 2
UK excluding London +39 7 £425 -10.53% 3
South East +19 6 £425 -
East of England - 1 £525 -

Product Consultant Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 18 November 2017, Product Consultant 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 featuring Product Consultant in the job title.

1 13 (46.43%) Project Management
2 8 (28.57%) Risk Management
2 8 (28.57%) Information Security
2 8 (28.57%) SAP
2 8 (28.57%) Information Governance
2 8 (28.57%) Presales
3 7 (25.00%) Time Management
3 7 (25.00%) SAP CO
4 6 (21.43%) Pharmaceutical
5 5 (17.86%) SLA
5 5 (17.86%) Finance
5 5 (17.86%) Asset Management
5 5 (17.86%) Business Analysis
5 5 (17.86%) Fund Accounting
5 5 (17.86%) SDLC
6 3 (10.71%) SAP FI/CO
6 3 (10.71%) Telecoms
6 3 (10.71%) SAP FI
6 3 (10.71%) HP
6 3 (10.71%) ERP
7 2 (7.14%) Temenos
7 2 (7.14%) GAP Analysis
7 2 (7.14%) Product Management
7 2 (7.14%) Temenos T24
7 2 (7.14%) Agile Software Development
7 2 (7.14%) Retail
7 2 (7.14%) Business Process Analysis
8 1 (3.57%) Windows Server
8 1 (3.57%) Derivative
8 1 (3.57%) FMCG

Product Consultant Skill Set
Co-occurring IT Skills 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:

Business Applications
1 7 (25.00%) SAP CO
2 3 (10.71%) SAP FI
2 3 (10.71%) SAP FI/CO
3 2 (7.14%) Temenos T24
Database & Business Intelligence
1 1 (3.57%) RDBMS
1 1 (3.57%) Relational Database
General
1 6 (21.43%) Pharmaceutical
2 5 (17.86%) Finance
3 3 (10.71%) Telecoms
4 2 (7.14%) Retail
Miscellaneous
1 1 (3.57%) Derivative
1 1 (3.57%) FMCG
Operating Systems
1 1 (3.57%) Unix
1 1 (3.57%) Windows
1 1 (3.57%) Windows Server
Processes & Methodologies
1 13 (46.43%) Project Management
2 8 (28.57%) Information Governance
2 8 (28.57%) Information Security
2 8 (28.57%) Presales
2 8 (28.57%) Risk Management
3 7 (25.00%) Time Management
4 5 (17.86%) Asset Management
4 5 (17.86%) Business Analysis
4 5 (17.86%) Fund Accounting
4 5 (17.86%) SDLC
5 3 (10.71%) ERP
6 2 (7.14%) Agile Software Development
6 2 (7.14%) Business Process Analysis
6 2 (7.14%) GAP Analysis
6 2 (7.14%) Product Management
7 1 (3.57%) Change Management
7 1 (3.57%) PLM
Programming Languages
1 1 (3.57%) Perl
1 1 (3.57%) PL/SQL
1 1 (3.57%) SQL
Quality Assurance & Compliance
1 5 (17.86%) SLA
Systems Management
1 1 (3.57%) Control-M
Vendors
1 8 (28.57%) SAP
2 3 (10.71%) HP
3 2 (7.14%) Temenos
4 1 (3.57%) Oracle