The median contractor rate for a Product Manager was £450 per day in advertised job vacancies during the 3 months to 24 June 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
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 469 467 517
Rank change year-on-year -2 +50  
Contract jobs requiring a Product Manager 132 180 129
As % of all contract IT jobs advertised in the UK 0.29% 0.33% 0.23%
As % of the Job Titles category 0.30% 0.35% 0.24%
Number of daily rates quoted 108 138 100
Median daily rate £450 £480 £450
Median daily rate % change year-on-year -6.25% +6.66%  
90% offered a daily rate of more than £306 £360 £324
10% offered a daily rate of more than £611 £600 £600
UK excluding London median daily rate £403 £525 £425
% change year-on-year -23.33% +23.52%  
Number of hourly rates quoted 0 2 0
Median hourly rate - £34.93 -
UK excluding London median hourly rate - £35.00 -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
UK
Contract job vacancies with a job title containing a recognized job role 43829 51011 53185
As % of all contract IT job vacancies advertised in the UK 94.75% 94.87% 94.80%
Number of daily rates quoted 28353 33254 33375
Median daily rate £438 £425 £400
Median daily rate % change year-on-year +2.94% +6.25%  
90% offered a daily rate of more than £275 £260 £245
10% offered a daily rate of more than £600 £600 £570
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 1353 1511 2053
Median hourly rate £18.00 £17.50 £16.50
Median hourly rate % change year-on-year +2.85% +6.06%  
90% offered a hourly rate of more than £11.50 £11.00 £11.00
10% offered a hourly rate of more than £47.50 £44.00 £40.00
UK excluding London median hourly rate £17.50 £17.48 £16.00
% change year-on-year +0.14% +9.21%  

Product Manager
Job Vacancy Trend

The job posting trend of jobs advertised that featured Product Manager in the job title.

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 3 months to 24 June 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 30 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 3 months to 24 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +5 127 £450 -8.86% 94
London -3 92 £475 - 59
City of London -5 11 £488 +2.63% 13
South East +16 10 £350 -26.31% 9
South West +12 9 £303 -55.14% 4
East of England +2 8 £426 -13.45% 8
Southend-on-Sea - 7 £418 -
Essex - 7 £418 -
Bristol - 5 £305 - 3
West Midlands +20 4 £500 -16.66% 4
Surrey - 4 £350 -
Scotland - 4 £513 - 1
Berkshire +22 3 £458 -11.80% 2
Devon - 3 £205 -
Canary Wharf - 3 £750 -
Plymouth - 3 £205 -
Edinburgh - 3 £531 - 1
Shropshire +18 2 - -
North West +17 2 £306 -43.02% 5
Telford +15 2 - -
West Sussex +5 2 £350 -26.31%
East Midlands -5 2 £600 +26.31% 1
Nottingham - 2 £600 - 1
Nottinghamshire - 2 £600 - 1
Docklands, London - 2 £613 -
Reading +15 1 £415 -27.82% 1
Birmingham +13 1 £575 +53.33% 3
Hampshire +12 1 £250 -44.44% 1
Middlesex +12 1 £475 -2.56%
Liverpool - 1 £388 -

Product Manager Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 24 June 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.

1 169 (56.52%) Agile Software Development
2 100 (33.44%) User Experience
3 65 (21.74%) Product Management
4 60 (20.07%) Scrum
5 57 (19.06%) Project Management
6 56 (18.73%) Finance
7 51 (17.06%) Marketing
8 42 (14.05%) E-Commerce
9 40 (13.38%) Service Design
10 39 (13.04%) Stakeholder Management
11 35 (11.71%) User Stories
12 33 (11.04%) Analytical Skills
12 33 (11.04%) Retail
13 30 (10.03%) Banking
14 27 (9.03%) Service Delivery
15 25 (8.36%) Kanban
15 25 (8.36%) Agile Project Management
16 23 (7.69%) Continuous Improvement
17 21 (7.02%) PRINCE2
18 20 (6.69%) Security Cleared
18 20 (6.69%) Mobile App
19 19 (6.35%) Coaching
20 18 (6.02%) Open Source
21 16 (5.35%) Waterfall
22 15 (5.02%) B2B
22 15 (5.02%) Fintech
22 15 (5.02%) Analytics
23 13 (4.35%) Change Management
24 12 (4.01%) PRINCE2 Practitioner
24 12 (4.01%) Advertising

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 (2.34%) CMS
2 4 (1.34%) Adobe Experience Manager
3 3 (1.00%) Apache Solr
3 3 (1.00%) Elasticsearch
4 1 (0.33%) Apache
4 1 (0.33%) Confluence
4 1 (0.33%) SAS
Applications
1 9 (3.01%) Microsoft Excel
2 7 (2.34%) Microsoft PowerPoint
2 7 (2.34%) Microsoft Project
3 6 (2.01%) MS Visio
4 2 (0.67%) Microsoft Office
4 2 (0.67%) Spreadsheet
5 1 (0.33%) Mingle
Business Applications
1 4 (1.34%) Oracle Applications
2 2 (0.67%) Dynamics CRM
3 1 (0.33%) Adobe Campaign
3 1 (0.33%) Magento
3 1 (0.33%) NetSuite
3 1 (0.33%) Oracle Retail
3 1 (0.33%) SAP Retail
3 1 (0.33%) Shopify
Cloud Services
1 10 (3.34%) Amazon AWS
2 4 (1.34%) Office 365
2 4 (1.34%) SaaS
3 2 (0.67%) Google Analytics
3 2 (0.67%) IaaS
4 1 (0.33%) Adobe Analytics
4 1 (0.33%) Basecamp
4 1 (0.33%) Cloud Computing
4 1 (0.33%) Google Play
4 1 (0.33%) iTunes
4 1 (0.33%) PaaS
Communications & Networking
1 2 (0.67%) Ethernet
1 2 (0.67%) Internet
1 2 (0.67%) VoIP
1 2 (0.67%) xDSL
2 1 (0.33%) Broadband
2 1 (0.33%) PBX
2 1 (0.33%) Unified Communications
2 1 (0.33%) VPN
2 1 (0.33%) WAN
Database & Business Intelligence
1 5 (1.67%) Big Data
1 5 (1.67%) Hadoop
2 4 (1.34%) MS Access
2 4 (1.34%) MySQL
2 4 (1.34%) SQL Server
3 3 (1.00%) HBase
4 2 (0.67%) Data Warehouse
5 1 (0.33%) MongoDB
5 1 (0.33%) Oracle Reports
5 1 (0.33%) SAS EBI
Development Applications
1 10 (3.34%) JIRA
2 1 (0.33%) ERwin
2 1 (0.33%) Git (software)
2 1 (0.33%) Team Foundation Server
2 1 (0.33%) TeamCity
General
1 56 (18.73%) Finance
2 51 (17.06%) Marketing
3 33 (11.04%) Retail
4 30 (10.03%) Banking
5 12 (4.01%) Advertising
6 10 (3.34%) Legal
6 10 (3.34%) Telecoms
7 6 (2.01%) Law
7 6 (2.01%) Publishing
8 5 (1.67%) Digital Economy
9 4 (1.34%) Retail Banking
10 2 (0.67%) Billing
10 2 (0.67%) Games
10 2 (0.67%) Investment Banking
11 1 (0.33%) Automotive
11 1 (0.33%) Back Office
11 1 (0.33%) Financial Institution
11 1 (0.33%) French Language
11 1 (0.33%) German Language
11 1 (0.33%) Manufacturing
Libraries, Frameworks & Software Standards
1 8 (2.68%) Web Services
2 3 (1.00%) .NET
2 3 (1.00%) Lucene
3 2 (0.67%) Node.js
3 2 (0.67%) React
3 2 (0.67%) Ruby on Rails
4 1 (0.33%) ASP.NET
4 1 (0.33%) ASP.NET MVC
4 1 (0.33%) ASP.NET MVC 4
4 1 (0.33%) RESTful
4 1 (0.33%) SignalR
4 1 (0.33%) Velocity
Miscellaneous
1 100 (33.44%) User Experience
2 33 (11.04%) Analytical Skills
3 20 (6.69%) Mobile App
4 15 (5.02%) Fintech
5 6 (2.01%) NHS
6 5 (1.67%) Management Information System
7 4 (1.34%) Minimum Viable Product
8 3 (1.00%) Blog
8 3 (1.00%) Greenfield Project
8 3 (1.00%) Over-the-Top Content
8 3 (1.00%) PMI
8 3 (1.00%) Public Cloud
8 3 (1.00%) Reference Data
8 3 (1.00%) Smartphone
8 3 (1.00%) Video on Demand
9 2 (0.67%) Digital Media
9 2 (0.67%) Equities
9 2 (0.67%) Foreign Exchange (FX)
9 2 (0.67%) Tandem
9 2 (0.67%) Virtual Team
Operating Systems
1 4 (1.34%) Android
1 4 (1.34%) Apple iOS
1 4 (1.34%) Mac OS X
2 2 (0.67%) Linux
3 1 (0.33%) CentOS
3 1 (0.33%) Windows
Processes & Methodologies
1 169 (56.52%) Agile Software Development
2 65 (21.74%) Product Management
3 60 (20.07%) Scrum
4 57 (19.06%) Project Management
5 42 (14.05%) E-Commerce
6 40 (13.38%) Service Design
7 39 (13.04%) Stakeholder Management
8 35 (11.71%) User Stories
9 27 (9.03%) Service Delivery
10 25 (8.36%) Agile Project Management
10 25 (8.36%) Kanban
11 23 (7.69%) Continuous Improvement
12 21 (7.02%) PRINCE2
13 19 (6.35%) Coaching
14 18 (6.02%) Open Source
15 16 (5.35%) Waterfall
16 15 (5.02%) Analytics
16 15 (5.02%) B2B
17 13 (4.35%) Change Management
18 12 (4.01%) Business Intelligence
Programming Languages
1 5 (1.67%) SQL
2 4 (1.34%) Python
2 4 (1.34%) VBA
3 3 (1.00%) PHP
4 2 (0.67%) Java
4 2 (0.67%) Ruby
5 1 (0.33%) C#
5 1 (0.33%) JavaScript
Qualifications
1 20 (6.69%) Security Cleared
2 12 (4.01%) PRINCE2 Practitioner
3 9 (3.01%) SC Cleared
4 5 (1.67%) APMP
4 5 (1.67%) Degree
5 3 (1.00%) BPSS Clearance
5 3 (1.00%) ISEB
5 3 (1.00%) PMI Certification
6 2 (0.67%) DV Cleared
7 1 (0.33%) MBA
7 1 (0.33%) PMP
Quality Assurance & Compliance
1 10 (3.34%) QA
2 7 (2.34%) Disclosure Scotland
3 2 (0.67%) GDPR
3 2 (0.67%) PMO
4 1 (0.33%) P3O
4 1 (0.33%) PCI DSS
4 1 (0.33%) UCITS
Vendors
1 11 (3.68%) Microsoft
2 9 (3.01%) Oracle
3 8 (2.68%) Adobe
4 5 (1.67%) Bloomberg
4 5 (1.67%) hybris
5 4 (1.34%) ATG
5 4 (1.34%) Salesforce.com
6 3 (1.00%) IBM
6 3 (1.00%) Progress
6 3 (1.00%) Zend
7 2 (0.67%) Google
8 1 (0.33%) DataFlux
8 1 (0.33%) Escenic
8 1 (0.33%) Huawei
8 1 (0.33%) Omniture
8 1 (0.33%) PayPal
8 1 (0.33%) ServiceNow
8 1 (0.33%) Sitecore
8 1 (0.33%) Snow
8 1 (0.33%) Tableau
Brighton, East Sussex
Lorien Resourcing
Posted: 2 days ago
London
ReThink Recruitment
Rate: £500 - £600 per day
Posted: 3 days ago
London
LA International
Posted: 3 days ago
London
Computer People
Rate: £450.00 - £480.00 per day
Posted: 4 days ago
London
Digital Gurus
Rate: £450 - £500 per day
Posted: 3 days ago
Wiltshire
Real Staffing
Posted: 5 days ago
London
CPS Group Limited
Posted: 9 days ago
London
People Source Consulting
Rate: £500 - £600 per day
Posted: 9 days ago
London
Computer People
Rate: £450 per day
Posted: 4 days ago