The median contractor rate for a Product Manager was £475 per day in advertised job vacancies during the 3 months to 24 March 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.

3 months to
24 Mar 2017
Same period 2016 Same period 2015
Product Manager
UK
Rank 429 521 533
Rank change year-on-year +92 +12  
Contract jobs requiring a Product Manager 167 121 88
As % of all contract IT jobs advertised in the UK 0.37% 0.23% 0.17%
As % of the Job Titles category 0.39% 0.24% 0.18%
Number of daily rates quoted 122 75 58
Median daily rate £475 £475 £425
Median daily rate % change year-on-year - +11.76%  
90% offered a daily rate of more than £375 £350 £350
10% offered a daily rate of more than £600 £640 £525
UK excluding London median daily rate £431 £400 £461
% change year-on-year +7.62% -13.27%  
Number of hourly rates quoted 0 1 0
Median hourly rate - £27.66 -
UK excluding London median hourly rate - - -

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 42950 50452 49894
As % of all contract IT job vacancies advertised in the UK 94.82% 95.19% 94.82%
Number of daily rates quoted 27813 32635 30138
Median daily rate £425 £425 £400
Median daily rate % change year-on-year - +6.25%  
90% offered a daily rate of more than £260 £260 £238
10% offered a daily rate of more than £600 £600 £555
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 1510 1582 1977
Median hourly rate £18.00 £18.75 £17.50
Median hourly rate % change year-on-year -4.00% +7.14%  
90% offered a hourly rate of more than £11.25 £11.50 £11.00
10% offered a hourly rate of more than £47.50 £48.00 £42.50
UK excluding London median hourly rate £17.50 £20.00 £17.38
% change year-on-year -12.50% +15.10%  

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 March 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 hourly rates quoted in IT contractor 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 March 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 +69 154 £475 - 76
London +26 83 £500 - 44
South East +44 31 £500 +8.10% 16
Yorkshire +25 17 £500 -4.76% 3
South Yorkshire - 14 £500 -
Sheffield - 12 £500 -
Berkshire +33 11 £530 +10.41% 2
City of London +8 11 £550 -6.38% 8
Newcastle upon Tyne +2 10 £400 -
Tyne and Wear -3 10 £400 -
North East -5 10 £400 -
South West +2 5 £393 +74.44% 4
West Sussex +2 5 £463 - 3
West Midlands +10 4 £425 - 1
Buckinghamshire -4 4 £450 +85.56%
Cardiff - 4 £400 -
Wiltshire - 4 £385 -
South Wales - 4 £400 - 1
Bracknell - 4 - -
Iver - 4 £450 -
Wales - 4 £400 - 1
Worthing +15 3 £463 -2.63%
Oxfordshire - 3 £450 - 2
East of England - 3 £450 - 2
Hertfordshire - 3 £450 -
Reading +21 2 £530 - 1
Scotland +20 2 £413 +3.12%
Edinburgh +19 2 £413 +3.12%
Surrey +11 2 - -
West Yorkshire +9 2 £500 -4.76% 1

Product Manager Skill Set
Top 30 Related IT Skills

For the 6 months to 24 March 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.

1 218 (60.89%) Agile Software Development
2 95 (26.54%) User Experience
3 84 (23.46%) Product Management
4 78 (21.79%) Scrum
5 72 (20.11%) Project Management
6 66 (18.44%) Marketing
7 59 (16.48%) Finance
8 50 (13.97%) Service Design
9 48 (13.41%) Stakeholder Management
10 41 (11.45%) User Stories
11 40 (11.17%) E-Commerce
12 35 (9.78%) Agile Project Management
13 34 (9.50%) Analytics
14 31 (8.66%) Continuous Improvement
15 30 (8.38%) B2B
16 29 (8.10%) Kanban
17 28 (7.82%) Retail
17 28 (7.82%) Analytical Skills
18 27 (7.54%) Service Delivery
19 25 (6.98%) Banking
19 25 (6.98%) Coaching
20 24 (6.70%) Security Cleared
21 23 (6.42%) Oracle
22 22 (6.15%) PRINCE2
22 22 (6.15%) Telecoms
23 21 (5.87%) Open Source
23 21 (5.87%) Adobe
24 19 (5.31%) Business Intelligence
24 19 (5.31%) Matrix Organization
25 17 (4.75%) Advertising

Product Manager Skill Set
Top Related 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 8 (2.23%) CMS
2 7 (1.96%) Adobe Experience Manager
3 4 (1.12%) IBM HTTP Server
4 2 (0.56%) Confluence
5 1 (0.28%) Apache
5 1 (0.28%) SAS
5 1 (0.28%) SharePoint
Applications
1 15 (4.19%) MS Excel
2 8 (2.23%) MS Visio
3 7 (1.96%) MS Project
4 5 (1.40%) Chatbot
4 5 (1.40%) MS Office
4 5 (1.40%) MS PowerPoint
5 1 (0.28%) Mingle
Business Applications
1 11 (3.07%) Oracle Applications
2 4 (1.12%) SAP Oil and Gas
3 2 (0.56%) Dynamics CRM
3 2 (0.56%) Oracle ERP
3 2 (0.56%) SAP Hybris
4 1 (0.28%) Adobe Campaign
Cloud Services
1 9 (2.51%) Amazon AWS
1 9 (2.51%) SaaS
2 6 (1.68%) Adobe Analytics
3 4 (1.12%) Office 365
4 3 (0.84%) PaaS
5 2 (0.56%) IaaS
6 1 (0.28%) Azure Active Directory
6 1 (0.28%) Cloud Computing
6 1 (0.28%) Microsoft Azure
Communications & Networking
1 4 (1.12%) Ethernet
1 4 (1.12%) Unified Communications
1 4 (1.12%) VoIP
1 4 (1.12%) xDSL
2 3 (0.84%) Internet
2 3 (0.84%) PBX
2 3 (0.84%) SMS
3 2 (0.56%) IP Telephony
3 2 (0.56%) LAN
3 2 (0.56%) Skype
3 2 (0.56%) Wireless
3 2 (0.56%) WLAN
4 1 (0.28%) Broadband
4 1 (0.28%) Wi-Fi
Database & Business Intelligence
1 10 (2.79%) Big Data
2 6 (1.68%) MS Access
3 4 (1.12%) Hadoop
3 4 (1.12%) MySQL
3 4 (1.12%) SQL Server
4 3 (0.84%) Data Mining
4 3 (0.84%) HBase
4 3 (0.84%) Oracle Reports
5 1 (0.28%) Data Lake
5 1 (0.28%) Data Warehouse
5 1 (0.28%) MongoDB
5 1 (0.28%) SAS EBI
Development Applications
1 7 (1.96%) JIRA
2 1 (0.28%) ERwin
2 1 (0.28%) Git (software)
2 1 (0.28%) Team Foundation Server
2 1 (0.28%) TeamCity
General
1 66 (18.44%) Marketing
2 59 (16.48%) Finance
3 28 (7.82%) Retail
4 25 (6.98%) Banking
5 22 (6.15%) Telecoms
6 17 (4.75%) Advertising
7 12 (3.35%) Legal
8 10 (2.79%) Automotive
9 8 (2.23%) Manufacturing
10 6 (1.68%) Publishing
11 5 (1.40%) Back Office
11 5 (1.40%) Games
12 4 (1.12%) Aerospace
12 4 (1.12%) Electronics
12 4 (1.12%) Front Office
13 3 (0.84%) Financial Institution
13 3 (0.84%) French Language
14 2 (0.56%) Corporate Banking
14 2 (0.56%) Retail Banking
14 2 (0.56%) Spanish Language
Libraries, Frameworks & Software Standards
1 7 (1.96%) Web Services
2 6 (1.68%) Velocity
3 3 (0.84%) .NET
4 2 (0.56%) FpML
5 1 (0.28%) ASP.NET
5 1 (0.28%) ASP.NET MVC
5 1 (0.28%) ASP.NET MVC 4
5 1 (0.28%) CSS
5 1 (0.28%) HTML
5 1 (0.28%) OAuth2
5 1 (0.28%) OpenID
5 1 (0.28%) RESTful
5 1 (0.28%) SAML
5 1 (0.28%) SignalR
Miscellaneous
1 95 (26.54%) User Experience
2 28 (7.82%) Analytical Skills
3 11 (3.07%) Derivative
4 10 (2.79%) Fintech
5 9 (2.51%) Foreign Exchange (FX)
5 9 (2.51%) Mobile App
5 9 (2.51%) OTC Derivatives
6 7 (1.96%) Smartphone
7 6 (1.68%) NHS
8 5 (1.40%) Data Centre
8 5 (1.40%) Minimum Viable Product
8 5 (1.40%) Reference Data
8 5 (1.40%) Virtual Team
9 4 (1.12%) Data Structures
9 4 (1.12%) Video on Demand
10 3 (0.84%) Management Information System
11 2 (0.56%) Computer Science
11 2 (0.56%) Over-the-Top Content
11 2 (0.56%) Tandem
12 1 (0.28%) Internet of Things
Operating Systems
1 4 (1.12%) Mac OS X
2 2 (0.56%) Android
2 2 (0.56%) Apple iOS
2 2 (0.56%) Linux
2 2 (0.56%) Windows
3 1 (0.28%) CentOS
Processes & Methodologies
1 218 (60.89%) Agile Software Development
2 84 (23.46%) Product Management
3 78 (21.79%) Scrum
4 72 (20.11%) Project Management
5 50 (13.97%) Service Design
6 48 (13.41%) Stakeholder Management
7 41 (11.45%) User Stories
8 40 (11.17%) E-Commerce
9 35 (9.78%) Agile Project Management
10 34 (9.50%) Analytics
11 31 (8.66%) Continuous Improvement
12 30 (8.38%) B2B
13 29 (8.10%) Kanban
14 27 (7.54%) Service Delivery
15 25 (6.98%) Coaching
16 22 (6.15%) PRINCE2
17 21 (5.87%) Open Source
18 19 (5.31%) Business Intelligence
18 19 (5.31%) Matrix Organization
19 15 (4.19%) Waterfall
Programming Languages
1 4 (1.12%) Python
1 4 (1.12%) SQL
1 4 (1.12%) VBA
2 3 (0.84%) Java
3 1 (0.28%) C#
3 1 (0.28%) JavaScript
3 1 (0.28%) PHP
Qualifications
1 24 (6.70%) Security Cleared
2 12 (3.35%) SC Cleared
3 11 (3.07%) PRINCE2 Practitioner
4 9 (2.51%) Degree
5 7 (1.96%) BPSS Clearance
6 2 (0.56%) ITIL Foundation Certificate
6 2 (0.56%) MBA
6 2 (0.56%) PMI Certification
6 2 (0.56%) PMP
7 1 (0.28%) DBS Check
7 1 (0.28%) DV Cleared
Quality Assurance & Compliance
1 15 (4.19%) Disclosure Scotland
2 6 (1.68%) QA
3 2 (0.56%) Data Quality
4 1 (0.28%) PMO
4 1 (0.28%) UCITS
System Software
1 1 (0.28%) Active Directory
Vendors
1 23 (6.42%) Oracle
2 21 (5.87%) Adobe
3 11 (3.07%) Microsoft
4 9 (2.51%) ServiceNow
5 8 (2.23%) Tableau
6 6 (1.68%) hybris
6 6 (1.68%) SAP
6 6 (1.68%) Snow
7 5 (1.40%) Facebook
8 4 (1.12%) Bloomberg
9 3 (0.84%) EMC
9 3 (0.84%) IBM
10 2 (0.56%) Avaya
10 2 (0.56%) Cisco
10 2 (0.56%) HP
11 1 (0.28%) Epicor
11 1 (0.28%) Hitachi
11 1 (0.28%) NetApp
11 1 (0.28%) Salesforce.com
11 1 (0.28%) VMware
South East London
Lorien Resourcing
Rate: £350 - £400 per annum
Posted: 12 hours ago
London
The Change Partners Recruitment
Rate: From £300 to £390 per day
Posted: 8 hours ago
City, London
ANSON MCCADE
Rate: £400-£600 depending on experience.
Posted: 2 days ago
City, London
Salt
Rate: £400.00 - £600.00 per day
Posted: Yesterday