Product Manager Contracts with Work from Home Options

Product Manager
UK > Work from Home

The median Product Manager daily rate for remote or hybrid work is £600, according to job vacancies posted in the 6 months leading up to 21 June 2024.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
21 Jun 2024
Same period 2023 Same period 2022
Rank 230 306 336
Rank change year-on-year +76 +30 +14
Contract jobs requiring a Product Manager 112 152 314
As % of all contract jobs with a WFH option 0.76% 0.64% 0.72%
As % of the Job Titles category 0.81% 0.67% 0.75%
Number of daily rates quoted 89 107 220
10th Percentile £396 £425 £414
25th Percentile £450 £440 £464
Median daily rate (50th Percentile) £600 £525 £550
Median % change year-on-year +14.29% -4.55% +10.00%
75th Percentile £788 £638 £638
90th Percentile £825 £675 £694
UK median daily rate £575 £550 £563
% change year-on-year +4.55% -2.33% +12.62%
Number of hourly rates quoted 0 2 0
Median hourly rate - £39.55 -
UK median hourly rate £67.50 £46.28 £42.50
% change year-on-year +45.87% +8.88% -40.97%

All Contract IT Job Vacancies
Work from Home

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies with WFH or hybrid options. 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 Work from Home with a recognized job title 13,801 22,740 41,944
% of contract IT jobs with a recognized job title 93.53% 95.25% 95.63%
Number of daily rates quoted 9,306 16,147 30,496
10th Percentile £325 £360 £358
25th Percentile £425 £445 £431
Median daily rate (50th Percentile) £525 £538 £525
Median % change year-on-year -2.33% +2.38% +7.14%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £725
UK median daily rate £525 £538 £525
% change year-on-year -2.42% +2.48% +6.06%
Number of hourly rates quoted 566 528 563
10th Percentile £14.27 £16.98 £14.05
25th Percentile £22.59 £25.00 £19.96
Median hourly rate £43.50 £50.00 £40.00
Median % change year-on-year -13.00% +25.00% +70.21%
75th Percentile £63.56 £66.05 £59.50
90th Percentile £75.00 £76.15 £69.75
UK median hourly rate £37.50 £45.00 £25.00
% change year-on-year -16.67% +80.00% +16.28%

Product Manager
Trend for Jobs with a WFH Option

Job vacancies with a work from home option which featured Product Manager in the job title as a proportion of all IT jobs advertised.

Product Manager trend for jobs with a WFH option

Product Manager
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Product Manager.

Product Manager daily rate for jobs with a WFH option

Product Manager
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Product Manager over the 6 months to 21 June 2024.

Product Manager daily rate histogram for jobs with a WFH option

Product Manager
Hourly Rate Trend for Jobs with a WFH Option

3-month moving average hourly rate quoted in job vacancies with a work from home option citing Product Manager.

Product Manager hourly rate for jobs with a WFH option

Product Manager Skill Set
Top 30 Co-occurring Skills and Capabilities in Job Vacancies with WFH Options

For the 6 months to 21 June 2024, Product Manager 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 jobs with a WFH option featuring Product Manager in the job title.

1 60 (53.57%) Agile
2 52 (46.43%) Product Management
3 37 (33.04%) Finance
3 37 (33.04%) Roadmaps
4 32 (28.57%) Product Ownership
5 31 (27.68%) Analytics
6 23 (20.54%) SQL
6 23 (20.54%) Python
6 23 (20.54%) Foreign Exchange (FX)
7 22 (19.64%) Security Cleared
7 22 (19.64%) Asset Management
8 21 (18.75%) SC Cleared
8 21 (18.75%) AWS
9 20 (17.86%) Investment Management
10 19 (16.96%) Hedge funds
10 19 (16.96%) Derivative
10 19 (16.96%) Front Office
10 19 (16.96%) Fixed Income
10 19 (16.96%) Equities
11 18 (16.07%) Artificial Intelligence
11 18 (16.07%) Social Skills
12 17 (15.18%) Product Roadmap
12 17 (15.18%) Machine Learning
13 13 (11.61%) Public Sector
14 12 (10.71%) User Experience
15 11 (9.82%) Scrum
15 11 (9.82%) User Stories
15 11 (9.82%) User Research
15 11 (9.82%) Product Backlog
16 10 (8.93%) Project Delivery

Product Manager Skill Set
Co-occurring Skills and Capabilities with WFH Options 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:

Application Platforms
1 7 (6.25%) Confluence
2 4 (3.57%) Apache
2 4 (3.57%) CMS
3 2 (1.79%) SAS
4 1 (0.89%) SharePoint
Applications
1 1 (0.89%) Microsoft Office
Business Applications
1 1 (0.89%) Workfront
Cloud Services
1 21 (18.75%) AWS
2 8 (7.14%) SaaS
3 4 (3.57%) dbt
3 4 (3.57%) PaaS
3 4 (3.57%) Power Platform
4 3 (2.68%) Azure
5 2 (1.79%) Slack
6 1 (0.89%) GCP
Communications & Networking
1 4 (3.57%) Firewall
2 1 (0.89%) Wi-Fi
Database & Business Intelligence
1 4 (3.57%) Apache Arrow
1 4 (3.57%) Big Data
1 4 (3.57%) Data Lake
1 4 (3.57%) Dremio
1 4 (3.57%) Power BI
1 4 (3.57%) Tableau
2 2 (1.79%) Crystal Reports
3 1 (0.89%) SQL Server
Development Applications
1 10 (8.93%) JIRA
2 4 (3.57%) Artifactory
2 4 (3.57%) Bitbucket
2 4 (3.57%) Git
2 4 (3.57%) Jenkins
2 4 (3.57%) TeamCity
General
1 37 (33.04%) Finance
2 19 (16.96%) Front Office
3 18 (16.07%) Social Skills
4 13 (11.61%) Public Sector
5 8 (7.14%) Analytical Skills
5 8 (7.14%) Marketing
6 7 (6.25%) Banking
7 6 (5.36%) Legal
7 6 (5.36%) Retail
8 5 (4.46%) Telecoms
9 4 (3.57%) Investment Banking
9 4 (3.57%) Pharmaceutical
10 3 (2.68%) Organisational Skills
11 2 (1.79%) Automotive
11 2 (1.79%) Health Technology
11 2 (1.79%) Inclusion and Diversity
11 2 (1.79%) Influencing Skills
11 2 (1.79%) Manufacturing
11 2 (1.79%) Presentation Skills
11 2 (1.79%) Publishing
Libraries, Frameworks & Software Standards
1 2 (1.79%) Hugging Face
2 1 (0.89%) Oracle Fusion
Miscellaneous
1 32 (28.57%) Product Ownership
2 23 (20.54%) Foreign Exchange (FX)
3 19 (16.96%) Derivative
3 19 (16.96%) Equities
3 19 (16.96%) Fixed Income
3 19 (16.96%) Hedge funds
4 3 (2.68%) Legacy Applications
4 3 (2.68%) Legacy Systems
5 2 (1.79%) Blockchain
5 2 (1.79%) Digital Signage
5 2 (1.79%) Hybrid Cloud
5 2 (1.79%) IPTV
5 2 (1.79%) Mobile App
5 2 (1.79%) Video\Live Streaming
6 1 (0.89%) Data Protection Act
6 1 (0.89%) IoT
6 1 (0.89%) Management Information System
6 1 (0.89%) Public Cloud
6 1 (0.89%) Social Media
6 1 (0.89%) Wiki
Operating Systems
1 4 (3.57%) Android
1 4 (3.57%) Apple iOS
1 4 (3.57%) Linux
1 4 (3.57%) Unix
1 4 (3.57%) Windows
Processes & Methodologies
1 60 (53.57%) Agile
2 52 (46.43%) Product Management
3 37 (33.04%) Roadmaps
4 31 (27.68%) Analytics
5 22 (19.64%) Asset Management
6 20 (17.86%) Investment Management
7 18 (16.07%) Artificial Intelligence
8 17 (15.18%) Machine Learning
8 17 (15.18%) Product Roadmap
9 12 (10.71%) User Experience
10 11 (9.82%) Product Backlog
10 11 (9.82%) Scrum
10 11 (9.82%) User Research
10 11 (9.82%) User Stories
11 10 (8.93%) Project Delivery
12 9 (8.04%) Problem-Solving
12 9 (8.04%) Product Strategy
12 9 (8.04%) Project Management
13 7 (6.25%) Stakeholder Engagement
14 6 (5.36%) Market Research
Programming Languages
1 23 (20.54%) Python
1 23 (20.54%) SQL
Qualifications
1 22 (19.64%) Security Cleared
2 21 (18.75%) SC Cleared
3 9 (8.04%) Degree
4 3 (2.68%) Master's Degree
5 2 (1.79%) MBA
5 2 (1.79%) PMI Certification
5 2 (1.79%) PMP
5 2 (1.79%) PRINCE2 Certification
6 1 (0.89%) CCIP
6 1 (0.89%) Cisco Certification
6 1 (0.89%) Computer Science Degree
Quality Assurance & Compliance
1 2 (1.79%) QA
2 1 (0.89%) ISO/IEC 27001
Systems Management
1 4 (3.57%) Ansible
1 4 (3.57%) Kubernetes
1 4 (3.57%) Terraform
Vendors
1 2 (1.79%) IFS
1 2 (1.79%) Logitech
1 2 (1.79%) Oracle
2 1 (0.89%) Microsoft
2 1 (0.89%) Salesforce