Period
to 24 November 2017

The median contractor rate for a Product Manager was £475 per day in advertised job vacancies during the 6 months to 24 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 Manager
UK
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 544 539 661
Rank change year-on-year -5 +122 -27
Contract jobs requiring a Product Manager 365 370 234
As % of all contract IT jobs advertised in the UK 0.35% 0.35% 0.20%
As % of the Job Titles category 0.37% 0.37% 0.22%
Number of daily rates quoted 262 266 168
UK median daily rate £475 £450 £425
Median daily rate % change year-on-year +5.56% +5.88% -
10th Percentile £351 £328 £313
90th Percentile £650 £588 £600
UK excluding London median daily rate £475 £450 £400
% change year-on-year +5.56% +12.50% -
Number of hourly rates quoted 4 3 0
UK median hourly rate £32.50 £34.85 -
Median hourly rate % change year-on-year -6.74% - -
UK excluding London median hourly rate £32.50 £24.00 -
% change year-on-year +35.42% - -

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 97695 99488 108685
% of contract IT jobs with a recognized job title 94.79% 94.75% 94.91%
Number of daily rates quoted 64489 64865 69136
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £393 £375
% change year-on-year +1.91% +4.67% +3.45%
Number of hourly rates quoted 2905 3326 4142
UK median hourly rate £18.69 £18.00 £18.00
Median hourly rate % change year-on-year +3.81% - +9.09%
10th Percentile £10.93 £10.50 £10.50
90th Percentile £47.83 £47.45 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.50

Product Manager
Job Vacancy Trend

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

Job vacancy trend for Product Manager in the UK

Product Manager
Contractor Daily Rate Trend

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

Contractor daily rate trend for Product Manager in the UK

Product Manager
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Product Manager over the 6 months to 24 November 2017.

Contractor daily rate histogram for Product Manager in the UK

Product Manager
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Product Manager in the UK

Product Manager
Top 15 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Manager within the UK over the 6 months to 24 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 0 351 £475 +5.44% 101
London -29 209 £475 +5.56% 55
UK excluding London +48 149 £475 +5.56% 50
South East +7 54 £500 +5.26% 13
North of England +50 29 £488 +8.33% 18
East of England +15 27 £450 +7.78% 4
Yorkshire +22 18 £506 +1.25% 5
Midlands +34 17 £450 -10.00% 7
South West +13 16 £356 - 4
West Midlands +20 14 £450 -10.00% 5
North East +60 6 £483 +16.97%
North West +29 5 £388 -31.11% 13
Scotland +5 4 £513 +44.88% 1
Wales -3 3 - - 3
East Midlands - 2 £600 - 2

Product Manager Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 24 November 2017, Product Manager 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 Manager in the job title.

1 241 (66.03%) Agile Software Development
2 106 (29.04%) Product Management
3 82 (22.47%) Scrum
4 76 (20.82%) User Experience
5 75 (20.55%) Finance
6 69 (18.90%) User Stories
7 61 (16.71%) Project Management
8 58 (15.89%) Marketing
9 49 (13.42%) Analytics
10 48 (13.15%) Stakeholder Management
11 41 (11.23%) E-Commerce
12 37 (10.14%) Retail
12 37 (10.14%) Stakeholder Engagement
13 36 (9.86%) Security Cleared
14 33 (9.04%) PRINCE2
15 32 (8.77%) Change Management
16 31 (8.49%) Analytical Skills
16 31 (8.49%) Service Design
17 28 (7.67%) SC Cleared
18 27 (7.40%) JIRA
18 27 (7.40%) Mobile App
19 26 (7.12%) Kanban
20 25 (6.85%) Service Delivery
21 24 (6.58%) Business Intelligence
21 24 (6.58%) DevOps
22 23 (6.30%) Open Source
23 22 (6.03%) Actionable Insight
24 21 (5.75%) Waterfall
25 20 (5.48%) Agile Project Management
25 20 (5.48%) SDLC

Product Manager 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:

Application Platforms
1 7 (1.92%) CMS
2 6 (1.64%) Confluence
3 5 (1.37%) Apache Spark
4 3 (0.82%) Apache
4 3 (0.82%) Elasticsearch
5 2 (0.55%) SharePoint
6 1 (0.27%) SharePoint 2010
6 1 (0.27%) SharePoint 2013
Applications
1 5 (1.37%) MS Visio
2 4 (1.10%) Microsoft Project
3 3 (0.82%) Chatbot
3 3 (0.82%) Microsoft Excel
3 3 (0.82%) Microsoft PowerPoint
4 2 (0.55%) InVision
4 2 (0.55%) Photoshop
4 2 (0.55%) Spreadsheet
5 1 (0.27%) Adobe After Effects
5 1 (0.27%) Adobe Creative Suite
5 1 (0.27%) Adobe Illustrator
5 1 (0.27%) Adobe Premiere
5 1 (0.27%) InDesign
Business Applications
1 1 (0.27%) Bloomberg TOMS
1 1 (0.27%) Dynamics CRM
1 1 (0.27%) Oracle Subledger Accounting
Cloud Services
1 10 (2.74%) Microsoft Azure
2 5 (1.37%) SaaS
3 4 (1.10%) Adobe Analytics
4 3 (0.82%) Amazon AWS
4 3 (0.82%) Dialogflow
4 3 (0.82%) Google Analytics
4 3 (0.82%) IaaS
5 2 (0.55%) G Suite
5 2 (0.55%) Office 365
5 2 (0.55%) PaaS
6 1 (0.27%) Adobe Creative Cloud
6 1 (0.27%) Basecamp
6 1 (0.27%) Lucidchart
6 1 (0.27%) Trello
6 1 (0.27%) Yammer
Communications & Networking
1 6 (1.64%) SMS
2 5 (1.37%) Ethernet
2 5 (1.37%) SDH
3 4 (1.10%) MPLS
4 3 (0.82%) DWDM
4 3 (0.82%) Intranet
4 3 (0.82%) VPLS
4 3 (0.82%) VPN
5 2 (0.55%) Broadband
5 2 (0.55%) GSM
5 2 (0.55%) Internet
6 1 (0.27%) SSL
Database & Business Intelligence
1 9 (2.47%) Power BI
2 5 (1.37%) Big Data
3 4 (1.10%) Data Warehouse
4 3 (0.82%) Qlik Sense
4 3 (0.82%) SQL Server
5 2 (0.55%) GIS
5 2 (0.55%) Neo4j
6 1 (0.27%) Hadoop
6 1 (0.27%) MongoDB
Development Applications
1 27 (7.40%) JIRA
2 2 (0.55%) Axure RP
General
1 75 (20.55%) Finance
2 58 (15.89%) Marketing
3 37 (10.14%) Retail
4 20 (5.48%) Telecoms
5 16 (4.38%) Banking
6 12 (3.29%) Digital Economy
7 11 (3.01%) Advertising
7 11 (3.01%) Law
8 9 (2.47%) Legal
8 9 (2.47%) Manufacturing
9 8 (2.19%) Electronics
10 6 (1.64%) Games
11 5 (1.37%) Publishing
12 4 (1.10%) Retail Banking
13 2 (0.55%) Billing
13 2 (0.55%) Front Office
13 2 (0.55%) Investment Banking
13 2 (0.55%) Pharmaceutical
13 2 (0.55%) Private Banking
14 1 (0.27%) Back Office
Libraries, Frameworks & Software Standards
1 4 (1.10%) HTML
1 4 (1.10%) REST
2 3 (0.82%) Django
2 3 (0.82%) MXNet
2 3 (0.82%) Natural Language Processing
2 3 (0.82%) TensorFlow
2 3 (0.82%) Theano
2 3 (0.82%) XML
3 2 (0.55%) CSS
3 2 (0.55%) EDI
3 2 (0.55%) Kafka
3 2 (0.55%) Oracle Fusion
3 2 (0.55%) Web Services
4 1 (0.27%) .NET
4 1 (0.27%) ASP.NET
4 1 (0.27%) FIX Protocol
4 1 (0.27%) Gherkin
4 1 (0.27%) Middleware
4 1 (0.27%) OAuth
4 1 (0.27%) RESTful
Miscellaneous
1 76 (20.82%) User Experience
2 31 (8.49%) Analytical Skills
3 27 (7.40%) Mobile App
4 9 (2.47%) Greenfield Project
5 8 (2.19%) Computer Science
5 8 (2.19%) Social Media
6 7 (1.92%) Minimum Viable Product
7 6 (1.64%) Blog
7 6 (1.64%) Fintech
8 5 (1.37%) NHS
8 5 (1.37%) Over-the-Top Content
9 4 (1.10%) Data Centre
9 4 (1.10%) Data Protection Act
9 4 (1.10%) Fixed Income
9 4 (1.10%) Management Information System
10 3 (0.82%) Public Cloud
10 3 (0.82%) Video on Demand
11 2 (0.55%) Enterprise Cloud
11 2 (0.55%) Hybrid Cloud
11 2 (0.55%) Mobile Payment
Operating Systems
1 7 (1.92%) Android
2 6 (1.64%) Apple iOS
3 3 (0.82%) Linux
Processes & Methodologies
1 241 (66.03%) Agile Software Development
2 106 (29.04%) Product Management
3 82 (22.47%) Scrum
4 69 (18.90%) User Stories
5 61 (16.71%) Project Management
6 49 (13.42%) Analytics
7 48 (13.15%) Stakeholder Management
8 41 (11.23%) E-Commerce
9 37 (10.14%) Stakeholder Engagement
10 33 (9.04%) PRINCE2
11 32 (8.77%) Change Management
12 31 (8.49%) Service Design
13 26 (7.12%) Kanban
14 25 (6.85%) Service Delivery
15 24 (6.58%) Business Intelligence
15 24 (6.58%) DevOps
16 23 (6.30%) Open Source
17 22 (6.03%) Actionable Insight
18 21 (5.75%) Waterfall
19 20 (5.48%) Agile Project Management
Programming Languages
1 5 (1.37%) Python
2 4 (1.10%) Java
3 3 (0.82%) C#
3 3 (0.82%) JavaScript
3 3 (0.82%) PHP
4 1 (0.27%) C
4 1 (0.27%) SQL
Qualifications
1 36 (9.86%) Security Cleared
2 28 (7.67%) SC Cleared
3 18 (4.93%) Degree
4 13 (3.56%) PRINCE2 Practitioner
5 8 (2.19%) CEH
5 8 (2.19%) CISSP
5 8 (2.19%) CSSLP
5 8 (2.19%) MBA
6 6 (1.64%) BPSS Clearance
7 3 (0.82%) APMP
7 3 (0.82%) DV Cleared
7 3 (0.82%) ISEB
7 3 (0.82%) PMP
8 1 (0.27%) CFA
8 1 (0.27%) Computer Science Degree
8 1 (0.27%) Master's Degree
8 1 (0.27%) PRINCE2 Certification
Quality Assurance & Compliance
1 12 (3.29%) GDPR
2 10 (2.74%) QA
3 9 (2.47%) Data Quality
4 5 (1.37%) Disclosure Scotland
5 4 (1.10%) PMO
6 3 (0.82%) MiFID
7 1 (0.27%) AIFMD
7 1 (0.27%) EMIR
7 1 (0.27%) P3O
7 1 (0.27%) PCI DSS
7 1 (0.27%) UCITS
Systems Management
1 1 (0.27%) TeamSite
Vendors
1 16 (4.38%) Microsoft
2 10 (2.74%) SAP
3 9 (2.47%) Google
4 8 (2.19%) Adobe
5 5 (1.37%) Oracle
5 5 (1.37%) Salesforce.com
6 4 (1.10%) ATG
6 4 (1.10%) Atlassian
6 4 (1.10%) Coverity
6 4 (1.10%) hybris
6 4 (1.10%) Synopsys
7 3 (0.82%) Bloomberg
7 3 (0.82%) ION Trading
7 3 (0.82%) Progress
7 3 (0.82%) Tradeweb
8 2 (0.55%) Cisco
8 2 (0.55%) Facebook
8 2 (0.55%) IBM
9 1 (0.27%) PayPal
9 1 (0.27%) Tableau