Product Developer Contracts

Product Developer
UK

The median Product Developer daily rate in the UK is £582 according to job vacancies posted during the 6 months to 4 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
4 May 2024
Same period 2023 Same period 2022
Rank 586 716 837
Rank change year-on-year +130 +121 -145
Contract jobs requiring a Product Developer 5 2 17
As % of all contract jobs advertised in the UK 0.012% 0.003% 0.019%
As % of the Job Titles category 0.012% 0.004% 0.020%
Number of daily rates quoted 3 2 11
10th Percentile - £208 £463
25th Percentile £507 £249 £488
Median daily rate (50th Percentile) £582 £328 £525
Median % change year-on-year +77.71% -37.62% +16.67%
75th Percentile £658 £404 £626
90th Percentile - £445 £750
UK excluding London median daily rate - £328 -

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 40,021 55,966 84,699
% of contract IT jobs with a recognized job title 92.75% 94.62% 95.45%
Number of daily rates quoted 26,056 39,104 59,482
10th Percentile £280 £313 £313
25th Percentile £409 £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 2,666 1,571 2,084
10th Percentile £12.86 £14.30 £12.50
25th Percentile £16.30 £19.06 £15.63
Median hourly rate £36.50 £45.00 £23.81
Median % change year-on-year -18.89% +89.04% +5.80%
75th Percentile £61.29 £65.75 £49.19
90th Percentile £72.50 £76.00 £63.71
UK excluding London median hourly rate £40.00 £42.26 £19.52
% change year-on-year -5.35% +116.50% +2.74%

Product Developer
Job Vacancy Trend

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

Job vacancy trend for Product Developer in the UK

Product Developer
Contractor Daily Rate Trend

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

Daily rate trend for Product Developer in the UK

Product Developer
Contractor Hourly Rate Trend

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

Hourly rate trend for Product Developer in the UK

Product Developer
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 Developer within the UK over the 6 months to 4 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 +114 5 £582 +206.32% 15
London - 3 £582 - 6
Work from Home +131 2 - - 11
UK excluding London +66 2 - - 8
South East - 2 - - 3

Product Developer Skill Set
Top 16 Co-occurring Skills and Capabilities

For the 6 months to 4 May 2024, Product Developer 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 Developer in the job title.

1 2 (40.00%) IFS
1 2 (40.00%) Matrix Organization
1 2 (40.00%) Contract Management
1 2 (40.00%) Development Roadmap
1 2 (40.00%) Inclusion and Diversity
1 2 (40.00%) Roadmaps
1 2 (40.00%) SQL
1 2 (40.00%) Crystal Reports
1 2 (40.00%) SAS
1 2 (40.00%) Data Security
1 2 (40.00%) Telecoms
1 2 (40.00%) Degree
1 2 (40.00%) Stakeholder Engagement
1 2 (40.00%) Data Analytics
1 2 (40.00%) Analytics
1 2 (40.00%) User Experience

Product Developer 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 (40.00%) SAS
Database & Business Intelligence
1 2 (40.00%) Crystal Reports
General
1 2 (40.00%) Inclusion and Diversity
1 2 (40.00%) Telecoms
Processes & Methodologies
1 2 (40.00%) Analytics
1 2 (40.00%) Contract Management
1 2 (40.00%) Data Analytics
1 2 (40.00%) Data Security
1 2 (40.00%) Development Roadmap
1 2 (40.00%) Matrix Organization
1 2 (40.00%) Roadmaps
1 2 (40.00%) Stakeholder Engagement
1 2 (40.00%) User Experience
Programming Languages
1 2 (40.00%) SQL
Qualifications
1 2 (40.00%) Degree
Vendors
1 2 (40.00%) IFS