Product Owner
UK
The median Product Owner daily rate in the UK is £575 according to job vacancies posted during the 6 months to 24 May 2024.
The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.
| 6 months to 24 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 338 | 384 | 331 |
| Rank change year-on-year | +46 | -53 | +45 |
| Contract jobs requiring a Product Owner | 241 | 330 | 676 |
| As % of all contract jobs advertised in the UK | 0.57% | 0.58% | 0.77% |
| As % of the Job Titles category | 0.61% | 0.62% | 0.81% |
| Number of daily rates quoted | 174 | 249 | 508 |
| 10th Percentile | £405 | £432 | £425 |
| 25th Percentile | £500 | £508 | £475 |
| Median daily rate (50th Percentile) | £575 | £575 | £550 |
| Median % change year-on-year | - | +4.55% | +4.76% |
| 75th Percentile | £675 | £650 | £625 |
| 90th Percentile | £755 | £690 | £700 |
| UK excluding London median daily rate | £550 | £538 | £525 |
| % change year-on-year | +2.33% | +2.38% | +5.00% |
| Number of hourly rates quoted | 0 | 2 | 0 |
| Median hourly rate | - | £64.25 | - |
| UK excluding London median hourly rate | - | £103.50 | - |
All Contract IT Job Vacancies
UK
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 | 39,539 | 53,460 | 83,539 |
| % of contract IT jobs with a recognized job title | 92.80% | 94.63% | 95.37% |
| Number of daily rates quoted | 25,741 | 37,320 | 58,759 |
| 10th Percentile | £280 | £313 | £313 |
| 25th Percentile | £410 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £540 | £525 |
| Median % change year-on-year | -2.78% | +2.86% | +8.25% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £488 | £500 | £475 |
| % change year-on-year | -2.50% | +5.26% | +11.44% |
| Number of hourly rates quoted | 2,737 | 1,489 | 2,014 |
| 10th Percentile | £12.82 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.06 | £15.90 |
| Median hourly rate | £36.50 | £45.00 | £24.00 |
| Median % change year-on-year | -18.89% | +87.50% | +6.90% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £72.50 | £75.99 | £65.00 |
| UK excluding London median hourly rate | £40.00 | £42.50 | £20.00 |
| % change year-on-year | -5.88% | +112.50% | +5.26% |
Product Owner
Job Vacancy Trend
Job postings that featured Product Owner in the job title as a proportion of all IT jobs advertised.
Product Owner
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Product Owner.
Product Owner
Daily Rate Histogram
Daily rate distribution for jobs citing Product Owner over the 6 months to 24 May 2024.
Product Owner
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Product Owner.
Product Owner
Top 14 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 24 May 2024. 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 | +42 | 218 | £600 | - | 71 |
| London | +86 | 161 | £600 | - | 35 |
| Work from Home | +58 | 91 | £563 | -2.17% | 48 |
| UK excluding London | -25 | 62 | £550 | +2.33% | 46 |
| South East | -10 | 21 | £550 | +10.00% | 16 |
| Midlands | +26 | 13 | £550 | - | 13 |
| North of England | +15 | 11 | £500 | -6.98% | 6 |
| North West | +24 | 10 | £500 | -6.98% | 5 |
| West Midlands | +13 | 10 | £550 | -8.33% | 9 |
| Scotland | +19 | 9 | £493 | -6.19% | 5 |
| South West | +9 | 4 | £600 | -7.69% | 6 |
| East of England | +6 | 4 | £410 | -18.00% | |
| East Midlands | +18 | 1 | £225 | -48.57% | 4 |
| Yorkshire | +2 | 1 | - | - | 1 |
Product Owner Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 24 May 2024, Product Owner 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 Owner in the job title.
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Product Owner 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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