Product Thinking Contracts with Work from Home Options

Product Thinking
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for Product Thinking skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Product Thinking over the 6 months to 1 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
1 May 2024		 Same period 2023 Same period 2022
Rank 346 - 619
Rank change year-on-year - - -139
Contract jobs citing Product Thinking 3 0 4
As % of all contract jobs with a WFH option 0.020% - 0.009%
As % of the Processes & Methodologies category 0.022% - 0.010%
Number of daily rates quoted 2 0 4
10th Percentile £419 - £533
25th Percentile £433 - £536
Median daily rate (50th Percentile) £478 - £600
Median % change year-on-year - - +38.73%
75th Percentile £525 - £659
90th Percentile £540 - £699
UK median daily rate £430 £300 £606
% change year-on-year +43.33% -50.52% +40.17%

All Process and Methodology Skills
Work from Home

Product Thinking is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 13,465 23,106 40,645
As % of all contract jobs with a WFH option 87.90% 89.81% 91.15%
Number of daily rates quoted 8,984 16,334 29,499
10th Percentile £325 £363 £360
25th Percentile £425 £450 £431
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +8.81%
75th Percentile £638 £650 £625
90th Percentile £750 £750 £719
UK median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +7.69%
Number of hourly rates quoted 579 532 548
10th Percentile £15.17 £19.00 £13.50
25th Percentile £25.25 £30.54 £19.98
Median hourly rate £43.00 £55.00 £35.00
Median % change year-on-year -21.82% +57.14% +34.62%
75th Percentile £60.00 £68.75 £55.00
90th Percentile £75.25 £80.00 £67.50
UK median hourly rate £35.50 £36.42 £25.00
% change year-on-year -2.53% +45.69% -

Product Thinking
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Product Thinking as a proportion of all IT jobs advertised.

Product Thinking trend for jobs with a WFH option

Product Thinking
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 Thinking.

Product Thinking daily rate for jobs with a WFH option

Product Thinking
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 1 (33.33%) Confluence
Development Applications
1 1 (33.33%) JIRA
General
1 1 (33.33%) Banking
1 1 (33.33%) Finance
1 1 (33.33%) Legal
Job Titles
1 2 (66.67%) Designer
1 2 (66.67%) Product Designer
2 1 (33.33%) Product Manager
2 1 (33.33%) Technical Manager
2 1 (33.33%) Technical Product Manager
Miscellaneous
1 1 (33.33%) Social Media
Processes & Methodologies
1 2 (66.67%) Decision-Making
1 2 (66.67%) Interaction Design
1 2 (66.67%) Prototyping
2 1 (33.33%) Agile
2 1 (33.33%) Analytics
2 1 (33.33%) BDD
2 1 (33.33%) Data Analysis
2 1 (33.33%) Data Modelling
2 1 (33.33%) Design Thinking
2 1 (33.33%) Epics
2 1 (33.33%) Minimum Viable Product
2 1 (33.33%) Product Roadmap
2 1 (33.33%) Product Vision
2 1 (33.33%) Risk Management
2 1 (33.33%) Roadmaps
2 1 (33.33%) Scrum
2 1 (33.33%) Stakeholder Engagement
2 1 (33.33%) Story Mapping
2 1 (33.33%) Swim Lanes
2 1 (33.33%) User Stories
Programming Languages
1 1 (33.33%) SQL