Period
to 24 June 2018

The median contractor rate for a Senior Product Manager was £540 per day in advertised job vacancies during the 6 months to 24 June 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
24 Jun 2018
Same period 2017 Same period 2016
Rank 845 815 862
Rank change year-on-year -30 +47 -10
Contract jobs requiring a Senior Product Manager 38 26 32
As % of all contract IT jobs advertised in the UK 0.038% 0.028% 0.030%
As % of the Job Titles category 0.040% 0.030% 0.032%
Number of daily rates quoted 30 23 29
UK median daily rate £540 £550 £575
Median daily rate % change year-on-year -1.82% -4.35% +21.05%
10th Percentile £475 £495 £450
90th Percentile £664 £680 £725
UK excluding London median daily rate £528 £500 £575
% change year-on-year +5.50% -13.04% -
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 95,076 86,968 101,571
% of contract IT jobs with a recognized job title 94.83% 94.95% 95.11%
Number of daily rates quoted 62,247 56,247 65,952
UK median daily rate £450 £425 £423
Median daily rate % change year-on-year +5.88% +0.59% +5.63%
10th Percentile £268 £263 £255
90th Percentile £638 £613 £600
UK excluding London median daily rate £413 £400 £388
% change year-on-year +3.13% +3.23% +3.33%
Number of hourly rates quoted 3,065 2,875 3,102
UK median hourly rate £18.00 £18.70 £20.00
Median hourly rate % change year-on-year -3.74% -6.50% +14.29%
10th Percentile £11.00 £10.75 £10.50
90th Percentile £48.14 £50.00 £48.36
UK excluding London median hourly rate £17.50 £17.63 £20.00
% change year-on-year -0.74% -11.85% +18.96%

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 24 June 2018.

Contractor daily rate histogram for Senior Product Manager in the UK

Senior Product Manager
Top 7 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 24 June 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 -35 38 £540 -1.82% 15
London -35 31 £550 -6.38% 13
UK excluding London -31 7 £528 +5.50% 2
South East -23 4 £513 -3.30% 1
East of England - 2 £550 - 1
West Midlands - 1 - -
Midlands - 1 - -

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

For the 6 months to 24 June 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 28 (73.68%) Agile Software Development
2 11 (28.95%) Stakeholder Management
2 11 (28.95%) Product Management
3 9 (23.68%) Coaching
4 7 (18.42%) Performance Analysis
4 7 (18.42%) Service Design
5 6 (15.79%) User Experience
5 6 (15.79%) Analytical Skills
5 6 (15.79%) Line Management
5 6 (15.79%) Kanban
6 5 (13.16%) Blog
6 5 (13.16%) Continuous Improvement
6 5 (13.16%) DevOps
6 5 (13.16%) Retail
6 5 (13.16%) Finance
6 5 (13.16%) E-Commerce
7 4 (10.53%) Marketing
7 4 (10.53%) Over-the-Top Content
7 4 (10.53%) Analytics
7 4 (10.53%) Video on Demand
7 4 (10.53%) Stakeholder Engagement
7 4 (10.53%) SC Cleared
7 4 (10.53%) Security Cleared
8 3 (7.89%) Mentoring
8 3 (7.89%) Scrum
8 3 (7.89%) Business Intelligence
8 3 (7.89%) Advertising
9 2 (5.26%) Translating Business Requirements
9 2 (5.26%) Problem-Solving
9 2 (5.26%) Digital Transformation Programme

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 (2.63%) Microsoft Excel
1 1 (2.63%) Microsoft Project
Business Applications
1 1 (2.63%) Magento
1 1 (2.63%) Shopify
Database & Business Intelligence
1 2 (5.26%) Big Data
Development Applications
1 2 (5.26%) JIRA
General
1 5 (13.16%) Finance
1 5 (13.16%) Retail
2 4 (10.53%) Marketing
3 3 (7.89%) Advertising
4 2 (5.26%) Digital Economy
4 2 (5.26%) Electronics
4 2 (5.26%) Games
4 2 (5.26%) Manufacturing
4 2 (5.26%) Telecoms
5 1 (2.63%) Automotive
5 1 (2.63%) Banking
5 1 (2.63%) Legal
5 1 (2.63%) Publishing
Libraries, Frameworks & Software Standards
1 2 (5.26%) RESTful
Miscellaneous
1 6 (15.79%) Analytical Skills
1 6 (15.79%) User Experience
2 5 (13.16%) Blog
3 4 (10.53%) Over-the-Top Content
3 4 (10.53%) Video on Demand
4 1 (2.63%) Digital Media
4 1 (2.63%) Media Streaming
4 1 (2.63%) Mobile App
Operating Systems
1 2 (5.26%) Android
1 2 (5.26%) Apple iOS
Processes & Methodologies
1 28 (73.68%) Agile Software Development
2 11 (28.95%) Product Management
2 11 (28.95%) Stakeholder Management
3 9 (23.68%) Coaching
4 7 (18.42%) Performance Analysis
4 7 (18.42%) Service Design
5 6 (15.79%) Kanban
5 6 (15.79%) Line Management
6 5 (13.16%) Continuous Improvement
6 5 (13.16%) DevOps
6 5 (13.16%) E-Commerce
7 4 (10.53%) Analytics
7 4 (10.53%) Stakeholder Engagement
8 3 (7.89%) Business Intelligence
8 3 (7.89%) Mentoring
8 3 (7.89%) Scrum
9 2 (5.26%) Digital Marketing
9 2 (5.26%) Investment Management
9 2 (5.26%) Programme Management
9 2 (5.26%) Project Management
Qualifications
1 4 (10.53%) SC Cleared
1 4 (10.53%) Security Cleared
Quality Assurance & Compliance
1 1 (2.63%) GDPR
1 1 (2.63%) UCITS
Vendors
1 2 (5.26%) Microsoft
1 2 (5.26%) SAP
2 1 (2.63%) Adyen
2 1 (2.63%) ForgeRock
2 1 (2.63%) Ingenico
2 1 (2.63%) Okta