The median contractor rate for a Product Manager was £538 per day in advertised job vacancies during the 6 months to 27 October 2021.
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.
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.
Contract vacancies in the UK with a recognized job title
79,516
29,896
79,393
% of contract IT jobs with a recognized job title
93.28%
92.35%
94.14%
Number of daily rates quoted
55,388
20,224
53,196
10th Percentile
£300
£258
£258
25th Percentile
£408
£363
£363
Median daily rate (50th Percentile)
£500
£475
£463
Median % change year-on-year
+5.26%
+2.70%
+2.78%
75th Percentile
£600
£575
£569
90th Percentile
£700
£660
£645
UK excluding London median daily rate
£450
£425
£425
% change year-on-year
+5.88%
-
+1.80%
Number of hourly rates quoted
2,085
995
2,723
10th Percentile
£12.00
£11.17
£11.17
25th Percentile
£13.74
£14.00
£13.75
Median hourly rate
£20.00
£22.00
£19.00
Median % change year-on-year
-9.09%
+15.79%
+8.57%
75th Percentile
£45.00
£43.75
£43.00
90th Percentile
£62.50
£54.41
£51.75
UK excluding London median hourly rate
£17.50
£19.50
£17.50
% change year-on-year
-10.26%
+11.43%
-
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 27 October 2021.
Product Manager Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Product Manager.
Product Manager Top 16 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 27 October 2021. 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
Product Manager Skill Set Top 30 Co-occurring IT Skills
For the 6 months to 27 October 2021, Product Manager contract jobs required the following IT skills 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.
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:
