Period
to 17 December 2018

The median contractor rate for a Senior Product Manager was £550 per day in advertised job vacancies during the 6 months to 17 December 2018.

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.

Senior Product Manager
UK
6 months to
17 Dec 2018
Same period 2017 Same period 2016
Rank 855 851 849
Rank change year-on-year -4 -2 +37
Contract jobs requiring a Senior Product Manager 35 35 39
As % of all contract IT jobs advertised in the UK 0.033% 0.034% 0.038%
As % of the Job Titles category 0.035% 0.036% 0.040%
Number of daily rates quoted 25 20 27
UK median daily rate £550 £530 £463
Median daily rate % change year-on-year +3.77% +14.59% -7.50%
10th Percentile £455 £444 £400
90th Percentile £698 £570 £627
UK excluding London median daily rate £525 £530 £400
% change year-on-year -0.94% +32.50% -5.88%
Number of hourly rates quoted 0 2 0
UK median hourly rate - £35.00 -
UK excluding London median hourly rate - £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 99,378 97,408 96,493
% of contract IT jobs with a recognized job title 94.71% 94.92% 94.76%
Number of daily rates quoted 65,775 64,581 62,953
UK median daily rate £450 £450 £425
Median daily rate % change year-on-year - +5.88% +3.91%
10th Percentile £270 £258 £250
90th Percentile £638 £625 £600
UK excluding London median daily rate £425 £400 £398
% change year-on-year +6.25% +0.63% +6.00%
Number of hourly rates quoted 3,053 2,857 3,274
UK median hourly rate £18.50 £18.70 £18.00
Median hourly rate % change year-on-year -1.07% +3.89% -
10th Percentile £11.00 £10.78 £10.50
90th Percentile £48.75 £47.83 £47.25
UK excluding London median hourly rate £17.50 £18.00 £17.50
% change year-on-year -2.78% +2.86% -

Senior Product Manager
Job Vacancy Trend

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

Job vacancy trend for Senior Product Manager in the UK

Senior Product Manager
Contractor Daily Rate Trend

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

Contractor daily rate trend for Senior Product Manager in the UK

Senior Product Manager
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Senior Product Manager over the 6 months to 17 December 2018.

Contractor daily rate histogram for Senior Product Manager in the UK

Senior Product Manager
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Senior Product Manager within the UK over the 6 months to 17 December 2018. 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 +1 35 £550 +3.77% 10
London +7 18 £568 +9.40% 8
UK excluding London -22 17 £525 -0.94% 2
West Midlands - 10 £538 -
Midlands - 10 £538 -
North of England -20 3 £488 -8.45%
Yorkshire -17 2 £475 -10.80%
South West -17 2 £575 -
South East -15 1 £525 -0.94% 1
East of England - 1 - - 1
North West - 1 £500 -

Senior Product Manager Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 17 December 2018, Senior 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 Senior Product Manager in the job title.

1 24 (68.57%) Agile Software Development
2 18 (51.43%) Product Management
3 8 (22.86%) Marketing
3 8 (22.86%) Retail
3 8 (22.86%) Finance
4 7 (20.00%) Programme Management
4 7 (20.00%) Line Management
5 6 (17.14%) E-Commerce
6 5 (14.29%) B2C
6 5 (14.29%) Matrix Organization
6 5 (14.29%) User Stories
6 5 (14.29%) Analytical Skills
6 5 (14.29%) Decision-Making
7 4 (11.43%) Stakeholder Management
7 4 (11.43%) Banking
8 3 (8.57%) Content Management
8 3 (8.57%) Risk Management
8 3 (8.57%) Credit Risk
8 3 (8.57%) Degree
8 3 (8.57%) Security Cleared
8 3 (8.57%) Multivariate Testing
8 3 (8.57%) Stakeholder Engagement
8 3 (8.57%) Continuous Improvement
8 3 (8.57%) Customer Acquisition
8 3 (8.57%) Credit Risk Management
9 2 (5.71%) Personalization
9 2 (5.71%) Service Design
9 2 (5.71%) Performance Analysis
9 2 (5.71%) Microservices
9 2 (5.71%) Portfolio Management

Senior 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:

Cloud Services
1 2 (5.71%) Google Analytics
2 1 (2.86%) Amazon AWS
2 1 (2.86%) Microsoft Azure
Communications & Networking
1 1 (2.86%) Internet
1 1 (2.86%) Intranet
Database & Business Intelligence
1 1 (2.86%) Big Data
General
1 8 (22.86%) Finance
1 8 (22.86%) Marketing
1 8 (22.86%) Retail
2 4 (11.43%) Banking
3 2 (5.71%) Digital Economy
3 2 (5.71%) Legal
4 1 (2.86%) Automotive
4 1 (2.86%) Electronics
4 1 (2.86%) Financial Institution
4 1 (2.86%) Games
4 1 (2.86%) Manufacturing
4 1 (2.86%) Retail Banking
4 1 (2.86%) Telecoms
Miscellaneous
1 5 (14.29%) Analytical Skills
2 3 (8.57%) Credit Risk
3 2 (5.71%) User Experience
4 1 (2.86%) Blog
4 1 (2.86%) Greenfield Project
4 1 (2.86%) Mobile App
4 1 (2.86%) NHS
4 1 (2.86%) STB
4 1 (2.86%) Video\Live Streaming
4 1 (2.86%) Virtual Team
Processes & Methodologies
1 24 (68.57%) Agile Software Development
2 18 (51.43%) Product Management
3 7 (20.00%) Line Management
3 7 (20.00%) Programme Management
4 6 (17.14%) E-Commerce
5 5 (14.29%) B2C
5 5 (14.29%) Decision-Making
5 5 (14.29%) Matrix Organization
5 5 (14.29%) User Stories
6 4 (11.43%) Stakeholder Management
7 3 (8.57%) Content Management
7 3 (8.57%) Continuous Improvement
7 3 (8.57%) Credit Risk Management
7 3 (8.57%) Customer Acquisition
7 3 (8.57%) Multivariate Testing
7 3 (8.57%) Risk Management
7 3 (8.57%) Stakeholder Engagement
8 2 (5.71%) Creative Thinking
8 2 (5.71%) Personalization
8 2 (5.71%) Strategic Thinking
Qualifications
1 3 (8.57%) Degree
1 3 (8.57%) Security Cleared
2 2 (5.71%) SC Cleared
3 1 (2.86%) BPSS Clearance
Quality Assurance & Compliance
1 1 (2.86%) SEPA
Vendors
1 2 (5.71%) Google
2 1 (2.86%) SAP