Period
to 25 September 2018

The median contractor rate for a Senior Product Manager was £550 per day in advertised job vacancies during the 6 months to 25 September 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
25 Sep 2018
Same period 2017 Same period 2016
Rank 861 836 857
Rank change year-on-year -25 +21 +26
Contract jobs requiring a Senior Product Manager 41 31 36
As % of all contract IT jobs advertised in the UK 0.040% 0.032% 0.034%
As % of the Job Titles category 0.042% 0.033% 0.036%
Number of daily rates quoted 28 19 31
UK median daily rate £550 £550 £555
Median daily rate % change year-on-year - -0.90% +11.00%
10th Percentile £467 £463 £450
90th Percentile £656 £650 £675
UK excluding London median daily rate £538 £505 £588
% change year-on-year +6.44% -14.04% +38.24%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

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 97,419 93,242 100,530
% of contract IT jobs with a recognized job title 94.75% 94.91% 94.86%
Number of daily rates quoted 64,006 60,974 65,639
UK median daily rate £450 £438 £425
Median daily rate % change year-on-year +2.86% +2.94% +6.25%
10th Percentile £269 £263 £255
90th Percentile £638 £625 £600
UK excluding London median daily rate £415 £400 £390
% change year-on-year +3.75% +2.56% +4.00%
Number of hourly rates quoted 3,159 2,792 3,173
UK median hourly rate £17.50 £18.94 £18.94
Median hourly rate % change year-on-year -7.60% +0.03% +6.02%
10th Percentile £11.00 £10.75 £10.31
90th Percentile £48.35 £48.75 £46.36
UK excluding London median hourly rate £17.50 £18.00 £18.50
% change year-on-year -2.78% -2.70% +5.71%

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 25 September 2018.

Contractor daily rate histogram for Senior Product Manager in the UK

Senior Product Manager
Top 8 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 25 September 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 -12 41 £550 - 9
London -7 26 £565 +2.73% 4
UK excluding London -18 15 £538 +6.44% 6
West Midlands - 8 £550 -
Midlands - 8 £550 -
South East -27 3 £525 - 1
East of England - 3 £550 - 1
South West - 1 - - 1

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

For the 6 months to 25 September 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 32 (78.05%) Agile Software Development
2 14 (34.15%) Product Management
3 11 (26.83%) Stakeholder Management
4 9 (21.95%) Line Management
5 8 (19.51%) Programme Management
6 7 (17.07%) Retail
6 7 (17.07%) E-Commerce
6 7 (17.07%) Stakeholder Engagement
7 6 (14.63%) Kanban
7 6 (14.63%) B2C
8 5 (12.20%) DevOps
8 5 (12.20%) Decision-Making
8 5 (12.20%) Finance
8 5 (12.20%) Analytics
9 4 (9.76%) Continuous Improvement
9 4 (9.76%) Multivariate Testing
9 4 (9.76%) SC Cleared
9 4 (9.76%) Security Cleared
9 4 (9.76%) Marketing
9 4 (9.76%) Performance Analysis
9 4 (9.76%) Coaching
9 4 (9.76%) User Experience
9 4 (9.76%) Service Design
10 3 (7.32%) Analytical Skills
10 3 (7.32%) Portfolio Management
10 3 (7.32%) Over-the-Top Content
10 3 (7.32%) Video on Demand
10 3 (7.32%) User Stories
10 3 (7.32%) Business Intelligence
10 3 (7.32%) Content 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:

Applications
1 1 (2.44%) Microsoft Excel
1 1 (2.44%) Microsoft Project
Business Applications
1 1 (2.44%) Magento
1 1 (2.44%) Shopify
Cloud Services
1 2 (4.88%) Google Analytics
2 1 (2.44%) Amazon AWS
2 1 (2.44%) Microsoft Azure
Communications & Networking
1 1 (2.44%) Internet
Database & Business Intelligence
1 1 (2.44%) Big Data
Development Applications
1 1 (2.44%) JIRA
General
1 7 (17.07%) Retail
2 5 (12.20%) Finance
3 4 (9.76%) Marketing
4 2 (4.88%) Advertising
4 2 (4.88%) Digital Economy
4 2 (4.88%) Electronics
4 2 (4.88%) Games
4 2 (4.88%) Legal
4 2 (4.88%) Manufacturing
4 2 (4.88%) Telecoms
5 1 (2.44%) Automotive
5 1 (2.44%) Banking
5 1 (2.44%) Publishing
Libraries, Frameworks & Software Standards
1 1 (2.44%) RESTful
Miscellaneous
1 4 (9.76%) User Experience
2 3 (7.32%) Analytical Skills
2 3 (7.32%) Over-the-Top Content
2 3 (7.32%) Video on Demand
3 1 (2.44%) Digital Media
3 1 (2.44%) Media Streaming
3 1 (2.44%) Minimum Viable Product
3 1 (2.44%) Mobile App
3 1 (2.44%) Virtual Team
Operating Systems
1 2 (4.88%) Android
1 2 (4.88%) Apple iOS
Processes & Methodologies
1 32 (78.05%) Agile Software Development
2 14 (34.15%) Product Management
3 11 (26.83%) Stakeholder Management
4 9 (21.95%) Line Management
5 8 (19.51%) Programme Management
6 7 (17.07%) E-Commerce
6 7 (17.07%) Stakeholder Engagement
7 6 (14.63%) B2C
7 6 (14.63%) Kanban
8 5 (12.20%) Analytics
8 5 (12.20%) Decision-Making
8 5 (12.20%) DevOps
9 4 (9.76%) Coaching
9 4 (9.76%) Continuous Improvement
9 4 (9.76%) Multivariate Testing
9 4 (9.76%) Performance Analysis
9 4 (9.76%) Service Design
10 3 (7.32%) Business Intelligence
10 3 (7.32%) Content Management
10 3 (7.32%) Scrum
Qualifications
1 4 (9.76%) SC Cleared
1 4 (9.76%) Security Cleared
2 1 (2.44%) Degree
Vendors
1 2 (4.88%) Google
1 2 (4.88%) Microsoft
1 2 (4.88%) SAP
2 1 (2.44%) Adyen
2 1 (2.44%) ForgeRock
2 1 (2.44%) Ingenico
2 1 (2.44%) Okta