Product Manager
UK
The median Product Manager daily rate in the UK is £525, according to job vacancies posted in the 6 months leading up to 30 April 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 30 Apr 2025 |
Same period 2024 | Same period 2023 | |
|---|---|---|---|
| Rank | 274 | 351 | 307 |
| Rank change year-on-year | +77 | -44 | +77 |
| Contract jobs requiring a Product Manager | 274 | 259 | 502 |
| As % of all contract jobs advertised in the UK | 0.94% | 0.59% | 0.84% |
| As % of the Job Titles category | 1.01% | 0.64% | 0.89% |
| Number of daily rates quoted | 197 | 187 | 369 |
| 10th Percentile | £360 | £403 | £413 |
| 25th Percentile | £463 | £469 | £450 |
| Median daily rate (50th Percentile) | £525 | £575 | £550 |
| Median % change year-on-year | -8.70% | +4.55% | - |
| 75th Percentile | £638 | £656 | £644 |
| 90th Percentile | £750 | £788 | £688 |
| UK excluding London median daily rate | £500 | £575 | £531 |
| % change year-on-year | -13.04% | +8.24% | +1.19% |
| Number of hourly rates quoted | 3 | 2 | 2 |
| 10th Percentile | £48.25 | - | - |
| 25th Percentile | £49.38 | £66.25 | - |
| Median hourly rate | £52.50 | £67.50 | £39.55 |
| Median % change year-on-year | -22.22% | +70.67% | -29.31% |
| 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 | 27,050 | 40,453 | 56,471 |
| % of contract IT jobs with a recognized job title | 92.52% | 92.79% | 94.61% |
| Number of daily rates quoted | 17,687 | 26,352 | 39,474 |
| 10th Percentile | £300 | £275 | £313 |
| 25th Percentile | £406 | £409 | £425 |
| Median daily rate (50th Percentile) | £515 | £525 | £540 |
| Median % change year-on-year | -1.90% | -2.78% | +2.86% |
| 75th Percentile | £625 | £638 | £650 |
| 90th Percentile | £738 | £750 | £750 |
| UK excluding London median daily rate | £475 | £493 | £500 |
| % change year-on-year | -3.55% | -1.50% | +5.26% |
| Number of hourly rates quoted | 1,031 | 2,658 | 1,569 |
| 10th Percentile | £14.20 | £12.86 | £14.29 |
| 25th Percentile | £18.51 | £16.30 | £19.50 |
| Median hourly rate | £29.07 | £36.00 | £45.00 |
| Median % change year-on-year | -19.25% | -20.00% | +91.86% |
| 75th Percentile | £62.50 | £60.75 | £65.75 |
| 90th Percentile | £75.00 | £72.50 | £75.75 |
| UK excluding London median hourly rate | £28.75 | £38.50 | £42.50 |
| % change year-on-year | -25.32% | -9.41% | +117.95% |
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 30 April 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 30 April 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 30 April 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 | +83 | 243 | £550 | -7.37% | 592 |
| London | +68 | 177 | £575 | -4.17% | 436 |
| Work from Home | +33 | 71 | £538 | -8.51% | 254 |
| UK excluding London | +22 | 59 | £500 | -13.04% | 175 |
| North of England | +35 | 27 | £500 | -11.89% | 66 |
| South East | +44 | 15 | £441 | -12.62% | 28 |
| North East | - | 12 | £505 | - | 8 |
| North West | +6 | 11 | £481 | +6.94% | 44 |
| Midlands | +18 | 8 | £550 | -8.33% | 33 |
| West Midlands | +12 | 7 | £525 | -8.70% | 22 |
| East of England | +36 | 4 | £581 | -16.96% | 13 |
| South West | +34 | 4 | £425 | -5.56% | 14 |
| Yorkshire | +15 | 4 | £500 | -16.67% | 14 |
| Scotland | -15 | 2 | £525 | -8.70% | 11 |
| East Midlands | +9 | 1 | £550 | -8.52% | 11 |
Product Manager Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 30 April 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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