Product Owner
UK
The median Product Owner daily rate in the UK is £575 according to job vacancies posted during the 6 months to 13 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 13 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 344 | 381 | 353 |
| Rank change year-on-year | +37 | -28 | +23 |
| Contract jobs requiring a Product Owner | 245 | 353 | 660 |
| As % of all contract jobs advertised in the UK | 0.57% | 0.61% | 0.75% |
| As % of the Job Titles category | 0.62% | 0.64% | 0.78% |
| Number of daily rates quoted | 177 | 264 | 493 |
| 10th Percentile | £405 | £438 | £418 |
| 25th Percentile | £481 | £507 | £475 |
| Median daily rate (50th Percentile) | £575 | £575 | £550 |
| Median % change year-on-year | - | +4.55% | +4.76% |
| 75th Percentile | £675 | £646 | £631 |
| 90th Percentile | £751 | £688 | £700 |
| UK excluding London median daily rate | £550 | £538 | £525 |
| % change year-on-year | +2.33% | +2.38% | +10.53% |
| 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 | 39,665 | 55,057 | 84,118 |
| % of contract IT jobs with a recognized job title | 92.77% | 94.65% | 95.41% |
| Number of daily rates quoted | 25,784 | 38,442 | 59,095 |
| 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% | +10.53% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +11.76% |
| Number of hourly rates quoted | 2,665 | 1,534 | 2,069 |
| 10th Percentile | £12.86 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.06 | £15.75 |
| Median hourly rate | £37.50 | £45.00 | £23.91 |
| Median % change year-on-year | -16.67% | +88.21% | +6.13% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £73.26 | £76.00 | £65.00 |
| UK excluding London median hourly rate | £40.00 | £42.08 | £20.00 |
| % change year-on-year | -4.94% | +110.39% | +3.98% |
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 13 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 13 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 | +34 | 222 | £580 | -3.33% | 105 |
| London | +70 | 160 | £600 | - | 44 |
| Work from Home | +40 | 86 | £563 | +2.27% | 62 |
| UK excluding London | -3 | 64 | £550 | +2.33% | 63 |
| South East | -5 | 21 | £550 | +4.76% | 21 |
| Midlands | +30 | 15 | £550 | - | 16 |
| North of England | +4 | 12 | £525 | -2.33% | 9 |
| North West | +20 | 11 | £525 | -2.33% | 6 |
| West Midlands | +21 | 10 | £550 | -8.33% | 13 |
| Scotland | +34 | 8 | £493 | -6.19% | 6 |
| East of England | +5 | 5 | £410 | -16.96% | 1 |
| South West | +3 | 4 | £600 | -7.69% | 8 |
| East Midlands | +21 | 3 | £550 | +22.22% | 3 |
| Yorkshire | +6 | 1 | - | - | 2 |
Product Owner Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 13 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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