Product Manager
UK
The median Product Manager daily rate in the UK is £550, according to job vacancies posted in the 6 months leading up to 24 March 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 24 Mar 2025 |
Same period 2024 | Same period 2023 | |
|---|---|---|---|
| Rank | 273 | 344 | 329 |
| Rank change year-on-year | +71 | -15 | +80 |
| Contract jobs requiring a Product Manager | 269 | 266 | 498 |
| As % of all contract jobs advertised in the UK | 0.92% | 0.60% | 0.79% |
| As % of the Job Titles category | 0.99% | 0.65% | 0.84% |
| Number of daily rates quoted | 193 | 188 | 371 |
| 10th Percentile | £363 | £409 | £413 |
| 25th Percentile | £463 | £450 | £473 |
| Median daily rate (50th Percentile) | £550 | £575 | £575 |
| Median % change year-on-year | -4.35% | - | +4.55% |
| 75th Percentile | £675 | £650 | £650 |
| 90th Percentile | £750 | £775 | £700 |
| UK excluding London median daily rate | £505 | £550 | £550 |
| % change year-on-year | -8.18% | - | +4.76% |
| Number of hourly rates quoted | 3 | 3 | 2 |
| 10th Percentile | £48.25 | £54.25 | - |
| 25th Percentile | £49.38 | £58.75 | - |
| Median hourly rate | £52.50 | £67.50 | £39.55 |
| Median % change year-on-year | -22.22% | +70.67% | -43.01% |
| 75th Percentile | £63.13 | £68.75 | - |
| 90th Percentile | £68.75 | - | - |
| UK excluding London median hourly rate | £70.00 | - | £39.55 |
| % change year-on-year | - | - | -43.01% |
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 | 27,077 | 41,109 | 59,530 |
| % of contract IT jobs with a recognized job title | 92.91% | 92.86% | 94.60% |
| Number of daily rates quoted | 17,784 | 26,922 | 41,584 |
| 10th Percentile | £300 | £275 | £310 |
| 25th Percentile | £406 | £406 | £425 |
| Median daily rate (50th Percentile) | £520 | £525 | £549 |
| Median % change year-on-year | -0.95% | -4.37% | +4.57% |
| 75th Percentile | £630 | £638 | £650 |
| 90th Percentile | £738 | £738 | £750 |
| UK excluding London median daily rate | £475 | £488 | £500 |
| % change year-on-year | -2.56% | -2.50% | +5.26% |
| Number of hourly rates quoted | 900 | 2,514 | 1,671 |
| 10th Percentile | £15.20 | £12.88 | £14.25 |
| 25th Percentile | £21.00 | £16.25 | £19.00 |
| Median hourly rate | £32.50 | £32.50 | £43.00 |
| Median % change year-on-year | - | -24.42% | +91.11% |
| 75th Percentile | £64.73 | £60.00 | £65.75 |
| 90th Percentile | £76.34 | £71.90 | £75.00 |
| UK excluding London median hourly rate | £32.50 | £32.50 | £41.42 |
| % change year-on-year | - | -21.53% | +117.97% |
Product Manager
Job Vacancy Trend
Job postings that featured Product Manager in the job title as a proportion of all IT jobs advertised.
Product Manager
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Product Manager.
Product Manager
Daily Rate Histogram
Daily rate distribution for jobs citing Product Manager over the 6 months to 24 March 2025.
Product Manager
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Product Manager.
Product Manager
Hourly Rate Histogram
Hourly rate distribution of jobs citing Product Manager over the 6 months to 24 March 2025.
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 March 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 | +87 | 242 | £550 | -4.35% | 452 |
| London | +77 | 188 | £579 | -3.50% | 335 |
| Work from Home | +19 | 75 | £550 | -6.38% | 222 |
| UK excluding London | +22 | 50 | £505 | -8.18% | 172 |
| North of England | +20 | 21 | £500 | -9.09% | 50 |
| South East | +48 | 15 | £488 | +4.28% | 68 |
| North East | - | 11 | £500 | - | 5 |
| North West | +10 | 7 | £450 | - | 26 |
| Midlands | +14 | 5 | £550 | -8.33% | 16 |
| West Midlands | +9 | 4 | £500 | -9.09% | 9 |
| East of England | - | 4 | £581 | - | 20 |
| Yorkshire | +20 | 3 | £513 | -14.58% | 19 |
| South West | +19 | 3 | £425 | +3.89% | 8 |
| Scotland | -15 | 3 | £523 | -9.13% | 7 |
| East Midlands | +20 | 1 | £550 | -10.57% | 6 |
Product Manager Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 24 March 2025, Product Manager 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 Manager in the job title.
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Product Manager 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:
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