Period
to 19 August 2019

The median contractor rate for a Product Owner was £500 per day in advertised job vacancies during the 6 months to 19 August 2019.

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 Owner
UK
6 months to
19 Aug 2019
Same period 2018 Same period 2017
Rank 474 560 668
Rank change year-on-year +86 +108 +75
Contract jobs requiring a Product Owner 397 370 210
As % of all contract IT jobs advertised in the UK 0.44% 0.36% 0.22%
As % of the Job Titles category 0.47% 0.38% 0.23%
Number of daily rates quoted 267 272 163
UK median daily rate £500 £475 £475
Median daily rate % change year-on-year +5.26% - +5.56%
10th Percentile £389 £350 £340
90th Percentile £600 £588 £610
UK excluding London median daily rate £475 £438 £439
% change year-on-year +8.57% -0.28% -5.14%
Number of hourly rates quoted 5 0 1
UK median hourly rate £30.00 - £35.00
UK excluding London median hourly rate £27.00 - £35.00

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.

All Contract IT Job Vacancies
UK
Contract vacancies in the UK with a recognized job title 85,040 96,977 91,637
% of contract IT jobs with a recognized job title 94.33% 94.86% 94.99%
Number of daily rates quoted 55,820 63,467 59,521
UK median daily rate £465 £450 £438
Median daily rate % change year-on-year +3.33% +2.86% +2.94%
10th Percentile £263 £269 £263
90th Percentile £650 £638 £625
UK excluding London median daily rate £425 £413 £400
% change year-on-year +3.03% +3.13% +3.09%
Number of hourly rates quoted 2,906 3,114 2,812
UK median hourly rate £19.77 £18.00 £18.70
Median hourly rate % change year-on-year +9.82% -3.74% -1.58%
10th Percentile £11.17 £11.00 £10.75
90th Percentile £52.50 £47.83 £48.75
UK excluding London median hourly rate £18.50 £17.50 £18.00
% change year-on-year +5.71% -2.78% -5.26%

Product Owner
Job Vacancy Trend

Job postings that featured Product Owner in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for Product Owner in the UK

Product Owner
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Product Owner.

Contractor daily rate trend for Product Owner in the UK

Product Owner
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Product Owner over the 6 months to 19 August 2019.

Contractor daily rate histogram for Product Owner in the UK

Product Owner
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Product Owner.

Contractor hourly rate trend for Product Owner in the UK

Product Owner
Contractor Hourly Rate Histogram

The hourly rate distribution of IT jobs citing Product Owner over the 6 months to 19 August 2019.

Contractor hourly rate histogram for Product Owner in the UK

Product Owner
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 Owner within the UK over the 6 months to 19 August 2019. 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
Job
Vacancies
England +75 368 £496 +4.42% 25
London +74 207 £500 - 9
UK excluding London +26 184 £475 +8.57% 16
South East +31 55 £475 +10.14% 3
North of England +4 37 £468 +10.00% 4
Midlands +27 27 £500 +11.11% 1
South West +1 27 £450 +20.00% 3
West Midlands +21 20 £500 +5.26%
Scotland +58 19 £550 +15.79%
Yorkshire 0 19 £450 +5.88% 1
North West +11 14 £600 +37.14% 2
East of England +11 14 £494 -1.25% 5
East Midlands +31 7 £394 +12.50% 1
North East +16 4 £475 +1.33% 1
Wales +12 3 £306 -23.44%
Northern Ireland +3 2 £400 -5.88%

Product Owner Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 19 August 2019, Product Owner 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 Owner in the job title.

1 298 (75.06%) Agile Software Development
2 136 (34.26%) User Stories
3 133 (33.50%) Scrum
4 92 (23.17%) Finance
5 81 (20.40%) User Experience
6 75 (18.89%) Product Roadmap
7 65 (16.37%) Stakeholder Management
8 59 (14.86%) Analytics
9 53 (13.35%) Product Management
10 52 (13.10%) Acceptance Criteria
11 51 (12.85%) JIRA
12 48 (12.09%) Analytical Skills
13 47 (11.84%) Business Analysis
14 46 (11.59%) Problem-Solving
15 40 (10.08%) Epics
16 36 (9.07%) DevOps
16 36 (9.07%) E-Commerce
17 35 (8.82%) Public Sector
18 33 (8.31%) Project Management
19 32 (8.06%) Retail
20 30 (7.56%) Salesforce.com
21 28 (7.05%) Marketing
22 26 (6.55%) Degree
22 26 (6.55%) Decision-Making
23 24 (6.05%) Confluence
23 24 (6.05%) CRM
24 23 (5.79%) B2B
24 23 (5.79%) B2C
25 21 (5.29%) Business Intelligence
25 21 (5.29%) Project Delivery

Product Owner 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 24 (6.05%) Confluence
2 5 (1.26%) SharePoint
3 4 (1.01%) CMS
4 2 (0.50%) Adobe Experience Manager
4 2 (0.50%) SharePoint 2010
5 1 (0.25%) Apache Spark
5 1 (0.25%) Sitecore CMS
5 1 (0.25%) Umbraco
5 1 (0.25%) WordPress
Applications
1 8 (2.02%) Microsoft Office
2 2 (0.50%) Sketch
3 1 (0.25%) InVision
3 1 (0.25%) Marvel
3 1 (0.25%) Microsoft Project
3 1 (0.25%) MS Visio
3 1 (0.25%) Zeplin
Business Applications
1 9 (2.27%) Dynamics CRM
2 3 (0.76%) Payment Gateway
2 3 (0.76%) SessionCam
3 1 (0.25%) OpenText VIM for SAP
3 1 (0.25%) SAP ERP
3 1 (0.25%) SAP S/4HANA
Cloud Services
1 16 (4.03%) SaaS
2 15 (3.78%) Salesforce Service Cloud
3 11 (2.77%) Amazon AWS
4 9 (2.27%) Office 365
5 7 (1.76%) Microsoft Azure
6 6 (1.51%) Google Analytics
7 5 (1.26%) Dynamics 365
8 3 (0.76%) Google Cloud Platform
9 2 (0.50%) Power Platform
10 1 (0.25%) Apigee
10 1 (0.25%) Azure Active Directory
10 1 (0.25%) OneDrive
10 1 (0.25%) PaaS
10 1 (0.25%) Salesforce Sales Cloud
10 1 (0.25%) SuccessFactors
Communications & Networking
1 5 (1.26%) Internet
2 3 (0.76%) Intranet
3 1 (0.25%) ATM
3 1 (0.25%) Firewall
3 1 (0.25%) Network Security
3 1 (0.25%) Skype
3 1 (0.25%) SMS
3 1 (0.25%) SSL
Database & Business Intelligence
1 17 (4.28%) Big Data
2 14 (3.53%) Data Warehouse
3 2 (0.50%) GIS
3 2 (0.50%) Power BI
4 1 (0.25%) Data Lake
4 1 (0.25%) Geospatial Data
4 1 (0.25%) Hadoop
4 1 (0.25%) NoSQL
4 1 (0.25%) SAP HANA
4 1 (0.25%) SQL Server
Development Applications
1 51 (12.85%) JIRA
2 4 (1.01%) Eclipse
3 3 (0.76%) Team Foundation Server
4 2 (0.50%) Git (software)
4 2 (0.50%) Jenkins
4 2 (0.50%) Selenium
5 1 (0.25%) Axure RP
5 1 (0.25%) Cucumber
5 1 (0.25%) Visual Studio Team System
General
1 92 (23.17%) Finance
2 35 (8.82%) Public Sector
3 32 (8.06%) Retail
4 28 (7.05%) Marketing
5 17 (4.28%) Telecoms
6 15 (3.78%) Banking
7 8 (2.02%) Manufacturing
8 7 (1.76%) Back Office
8 7 (1.76%) Games
9 5 (1.26%) Electronics
9 5 (1.26%) Legal
9 5 (1.26%) Pharmaceutical
10 4 (1.01%) Financial Institution
11 3 (0.76%) Aerospace
11 3 (0.76%) Automotive
11 3 (0.76%) Billing
11 3 (0.76%) Front Office
12 2 (0.50%) Advertising
12 2 (0.50%) Publishing
12 2 (0.50%) Retail Banking
Libraries, Frameworks & Software Standards
1 11 (2.77%) XML
2 9 (2.27%) REST
3 8 (2.02%) Gherkin
3 8 (2.02%) HTML
3 8 (2.02%) RESTful
4 7 (1.76%) SOAP
4 7 (1.76%) Web Services
5 5 (1.26%) .NET
6 4 (1.01%) CSS
6 4 (1.01%) SAP Fiori
7 3 (0.76%) HTML5
7 3 (0.76%) Middleware
8 2 (0.50%) JSON
8 2 (0.50%) OAuth
8 2 (0.50%) OAuth2
8 2 (0.50%) OpenID
9 1 (0.25%) AngularJS
9 1 (0.25%) React
9 1 (0.25%) React Native
9 1 (0.25%) Visualforce
Miscellaneous
1 81 (20.40%) User Experience
2 48 (12.09%) Analytical Skills
3 16 (4.03%) Greenfield Project
4 13 (3.27%) Management Information System
5 11 (2.77%) Mobile App
6 8 (2.02%) FMCG
6 8 (2.02%) Video on Demand
7 6 (1.51%) Foreign Exchange (FX)
7 6 (1.51%) Self-Motivation
8 5 (1.26%) CCTV
8 5 (1.26%) Social Media
9 4 (1.01%) Enterprise Software
10 3 (0.76%) Data Protection Act
11 2 (0.50%) Blog
11 2 (0.50%) Data Structures
11 2 (0.50%) Internet of Things
11 2 (0.50%) Marketing Technology
11 2 (0.50%) Mobile Banking
11 2 (0.50%) Smart Meter
11 2 (0.50%) Wiki
Operating Systems
1 4 (1.01%) Android
1 4 (1.01%) Apple iOS
2 2 (0.50%) Windows
3 1 (0.25%) Linux
Processes & Methodologies
1 298 (75.06%) Agile Software Development
2 136 (34.26%) User Stories
3 133 (33.50%) Scrum
4 75 (18.89%) Product Roadmap
5 65 (16.37%) Stakeholder Management
6 59 (14.86%) Analytics
7 53 (13.35%) Product Management
8 52 (13.10%) Acceptance Criteria
9 47 (11.84%) Business Analysis
10 46 (11.59%) Problem-Solving
11 40 (10.08%) Epics
12 36 (9.07%) DevOps
12 36 (9.07%) E-Commerce
13 33 (8.31%) Project Management
14 26 (6.55%) Decision-Making
15 24 (6.05%) CRM
16 23 (5.79%) B2B
16 23 (5.79%) B2C
17 21 (5.29%) Business Intelligence
17 21 (5.29%) Project Delivery
Programming Languages
1 9 (2.27%) SQL
2 8 (2.02%) C
3 5 (1.26%) C#
3 5 (1.26%) Java
3 5 (1.26%) JavaScript
4 1 (0.25%) Apex Code
4 1 (0.25%) Java 8
4 1 (0.25%) PL/SQL
4 1 (0.25%) Shell Script
4 1 (0.25%) SOQL
Qualifications
1 26 (6.55%) Degree
2 11 (2.77%) SC Cleared
2 11 (2.77%) Security Cleared
3 2 (0.50%) BPSS Clearance
3 2 (0.50%) CISA
3 2 (0.50%) CISM
3 2 (0.50%) CISSP
3 2 (0.50%) CRISC
3 2 (0.50%) ITIL Certification
3 2 (0.50%) PMI Certification
3 2 (0.50%) PMP
3 2 (0.50%) PRINCE2 Certification
4 1 (0.25%) Computer Science Degree
4 1 (0.25%) IIBA
4 1 (0.25%) ISEB
4 1 (0.25%) ISEB Practitioner
4 1 (0.25%) ITIL Foundation Certificate
4 1 (0.25%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 19 (4.79%) QA
2 2 (0.50%) Data Quality
2 2 (0.50%) Disclosure Scotland
2 2 (0.50%) Sarbanes-Oxley
2 2 (0.50%) SEPA
3 1 (0.25%) PMO
System Software
1 1 (0.25%) Active Directory
1 1 (0.25%) Firmware
Systems Management
1 2 (0.50%) Single Sign-On
2 1 (0.25%) HP Fortify
Vendors
1 30 (7.56%) Salesforce.com
2 20 (5.04%) Microsoft
3 18 (4.53%) SAP
4 8 (2.02%) Google
5 7 (1.76%) ServiceNow
6 6 (1.51%) Ariba
7 4 (1.01%) Salesforce Marketing Cloud
7 4 (1.01%) Siebel
7 4 (1.01%) Workday
8 3 (0.76%) Adobe
8 3 (0.76%) Hotjar
8 3 (0.76%) Tableau
9 2 (0.50%) IBM
9 2 (0.50%) Oracle
10 1 (0.25%) Alteryx
10 1 (0.25%) Apple
10 1 (0.25%) Atlassian
10 1 (0.25%) Imperva
10 1 (0.25%) Sitecore
10 1 (0.25%) Splunk