Product Owner Contracts in London

Product Owner
England > London

The median Product Owner daily rate in London is £600 according to job vacancies posted during the 6 months to 17 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
17 May 2024
Same period 2023 Same period 2022
Rank 241 311 316
Rank change year-on-year +70 +5 +24
Contract jobs requiring a Product Owner 158 172 320
As % of all contract jobs advertised in London 0.90% 0.67% 0.83%
As % of the Job Titles category 0.97% 0.70% 0.87%
Number of daily rates quoted 116 136 252
10th Percentile £425 £478 £441
25th Percentile £525 £525 £504
Median daily rate (50th Percentile) £600 £600 £575
Median % change year-on-year - +4.35% +9.52%
75th Percentile £695 £650 £675
90th Percentile £788 £738 £713
England median daily rate £600 £594 £550
% change year-on-year +1.05% +7.95% +7.32%

All Contract IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. 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 London with a recognized job title 16,328 24,595 36,745
% of contract IT jobs with a recognized job title 93.43% 95.20% 95.30%
Number of daily rates quoted 11,803 17,870 26,915
10th Percentile £325 £363 £375
25th Percentile £445 £463 £470
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +9.52%
75th Percentile £688 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +7.69%
Number of hourly rates quoted 318 283 439
10th Percentile £16.00 £18.00 £16.25
25th Percentile £20.07 £22.69 £23.12
Median hourly rate £27.50 £35.00 £35.00
Median % change year-on-year -21.43% - +10.62%
75th Percentile £46.05 £62.25 £49.80
90th Percentile £65.32 £80.00 £67.50
England median hourly rate £36.92 £44.77 £23.00
% change year-on-year -17.54% +94.63% +4.55%

Product Owner
Job Vacancy Trend in London

Job postings that featured Product Owner in the job title as a proportion of all IT jobs advertised in London.

Job vacancy trend for Product Owner in London

Product Owner
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Product Owner in London.

Daily rate trend for Product Owner in London

Product Owner
Daily Rate Histogram in London

Daily rate distribution for jobs citing Product Owner in London over the 6 months to 17 May 2024.

Daily rate histogram for Product Owner in London

Product Owner
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Product Owner in London.

Hourly rate trend for Product Owner in London

Product Owner
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Owner within the London region over the 6 months to 17 May 2024. 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
Jobs
Central London +67 28 £594 -15.18%
West London +14 3 £563 -6.25% 2
East London -4 1 £575 +2.22% 1
Product Owner
England

Product Owner Skill Set
Top 30 Co-occurring Skills and Capabilities in London

For the 6 months to 17 May 2024, Product Owner 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 job ads across the London region featuring Product Owner in the job title.

1 155 (98.10%) Product Ownership
2 102 (64.56%) Agile
3 55 (34.81%) Roadmaps
4 53 (33.54%) Finance
5 43 (27.22%) User Stories
6 38 (24.05%) Scrum
6 38 (24.05%) Social Skills
7 34 (21.52%) Product Backlog
7 34 (21.52%) Backlog Prioritisation
8 33 (20.89%) Analytics
9 31 (19.62%) Stakeholder Management
9 31 (19.62%) Azure
10 25 (15.82%) Artificial Intelligence
10 25 (15.82%) Product Management
10 25 (15.82%) Requirements Gathering
11 24 (15.19%) Acceptance Criteria
12 23 (14.56%) DevOps
12 23 (14.56%) Machine Learning
13 22 (13.92%) Product Strategy
14 21 (13.29%) Python
15 20 (12.66%) Asset Management
15 20 (12.66%) Translating Business Requirements
15 20 (12.66%) Product Roadmap
16 19 (12.03%) Problem-Solving
16 19 (12.03%) Front Office
16 19 (12.03%) Backlog Management
17 18 (11.39%) Customer Experience
17 18 (11.39%) Foreign Exchange (FX)
17 18 (11.39%) Derivative
18 17 (10.76%) Investment Management

Product Owner Skill Set
Co-occurring Skills and Capabilities in London 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 13 (8.23%) Confluence
2 5 (3.16%) Adobe Experience Manager
3 2 (1.27%) CMS
3 2 (1.27%) OpenStack
4 1 (0.63%) SharePoint
Applications
1 4 (2.53%) Chatbot
Business Applications
1 3 (1.90%) Dynamics CRM
1 3 (1.90%) Fidessa
2 1 (0.63%) Distributed Ledger
2 1 (0.63%) SAP S/4HANA
2 1 (0.63%) Shopify
Cloud Services
1 31 (19.62%) Azure
2 15 (9.49%) AWS
3 11 (6.96%) Azure DevOps
4 10 (6.33%) Azure Service Bus
5 7 (4.43%) SaaS
6 6 (3.80%) PaaS
7 3 (1.90%) Asana
7 3 (1.90%) Power Platform
8 2 (1.27%) Dynamics 365
8 2 (1.27%) Serverless
9 1 (0.63%) Azure Functions
9 1 (0.63%) Azure Stack
9 1 (0.63%) BigCommerce
9 1 (0.63%) Bloomreach
9 1 (0.63%) Datadog
9 1 (0.63%) Figma
9 1 (0.63%) GCP
9 1 (0.63%) Salesforce Commerce Cloud
9 1 (0.63%) SAP Fieldglass
Communications & Networking
1 6 (3.80%) Firewall
2 2 (1.27%) DHCP
2 2 (1.27%) DNS
2 2 (1.27%) Wi-Fi
3 1 (0.63%) Broadband
Database & Business Intelligence
1 5 (3.16%) Data Warehouse
2 4 (2.53%) Big Data
3 3 (1.90%) GIS
3 3 (1.90%) Power BI
4 2 (1.27%) NoSQL
5 1 (0.63%) BigQuery
5 1 (0.63%) Data Lake
5 1 (0.63%) Looker
5 1 (0.63%) SQL Server Reporting Services
Development Applications
1 7 (4.43%) JIRA
2 5 (3.16%) Artifactory
2 5 (3.16%) Jenkins
2 5 (3.16%) TeamCity
3 4 (2.53%) Bitbucket
3 4 (2.53%) Git
3 4 (2.53%) Team Foundation Server
General
1 53 (33.54%) Finance
2 38 (24.05%) Social Skills
3 19 (12.03%) Front Office
4 17 (10.76%) Back Office
5 15 (9.49%) Banking
6 13 (8.23%) Retail
7 11 (6.96%) Inclusion and Diversity
8 9 (5.70%) Presentation Skills
8 9 (5.70%) Retail Banking
9 8 (5.06%) Analytical Skills
9 8 (5.06%) Investment Banking
9 8 (5.06%) Public Sector
10 7 (4.43%) Corporate Banking
11 5 (3.16%) Influencing Skills
11 5 (3.16%) Marketing
12 3 (1.90%) Telecoms
13 1 (0.63%) Automotive
13 1 (0.63%) International Banking
13 1 (0.63%) Law
13 1 (0.63%) Legal
Libraries, Frameworks & Software Standards
1 3 (1.90%) React Native
2 2 (1.27%) .NET
2 2 (1.27%) LDAP
2 2 (1.27%) Node.js
3 1 (0.63%) ASP.NET
3 1 (0.63%) HTML
3 1 (0.63%) VML
3 1 (0.63%) Web Services
Miscellaneous
1 155 (98.10%) Product Ownership
2 18 (11.39%) Derivative
2 18 (11.39%) Foreign Exchange (FX)
3 17 (10.76%) Equities
3 17 (10.76%) Fixed Income
3 17 (10.76%) Hedge funds
4 5 (3.16%) Onboarding
5 4 (2.53%) Management Information System
6 3 (1.90%) Algorithms
6 3 (1.90%) Data Protection Act
6 3 (1.90%) Freedom of Information
6 3 (1.90%) Freedom of Information Act
6 3 (1.90%) Mobile App
6 3 (1.90%) Reinsurance
7 2 (1.27%) Client/Server
7 2 (1.27%) Clustering
7 2 (1.27%) Data Centre
7 2 (1.27%) Data Structures
7 2 (1.27%) Greenfield Project
8 1 (0.63%) IVR
Operating Systems
1 11 (6.96%) Apple iOS
2 7 (4.43%) Android
3 6 (3.80%) Linux
4 5 (3.16%) Windows
5 4 (2.53%) Unix
6 1 (0.63%) Windows Server
Processes & Methodologies
1 102 (64.56%) Agile
2 55 (34.81%) Roadmaps
3 43 (27.22%) User Stories
4 38 (24.05%) Scrum
5 34 (21.52%) Backlog Prioritisation
5 34 (21.52%) Product Backlog
6 33 (20.89%) Analytics
7 31 (19.62%) Stakeholder Management
8 25 (15.82%) Artificial Intelligence
8 25 (15.82%) Product Management
8 25 (15.82%) Requirements Gathering
9 24 (15.19%) Acceptance Criteria
10 23 (14.56%) DevOps
10 23 (14.56%) Machine Learning
11 22 (13.92%) Product Strategy
12 20 (12.66%) Asset Management
12 20 (12.66%) Product Roadmap
12 20 (12.66%) Translating Business Requirements
13 19 (12.03%) Backlog Management
13 19 (12.03%) Problem-Solving
Programming Languages
1 21 (13.29%) Python
2 17 (10.76%) SQL
3 2 (1.27%) C
3 2 (1.27%) Go
4 1 (0.63%) C#
4 1 (0.63%) VBA
Qualifications
1 9 (5.70%) Degree
2 5 (3.16%) Security Cleared
3 4 (2.53%) SC Cleared
4 1 (0.63%) CSPO
Quality Assurance & Compliance
1 12 (7.59%) PCI DSS
2 3 (1.90%) Accessibility
2 3 (1.90%) QA
3 1 (0.63%) Data Quality
3 1 (0.63%) SLA
System Software
1 4 (2.53%) Active Directory
2 2 (1.27%) Docker
Systems Management
1 6 (3.80%) Ansible
1 6 (3.80%) Kubernetes
2 4 (2.53%) Terraform
3 1 (0.63%) Rundeck
Vendors
1 8 (5.06%) Microsoft
2 7 (4.43%) Adobe
3 4 (2.53%) Salesforce
4 3 (1.90%) Informatica
4 3 (1.90%) ServiceNow
5 2 (1.27%) SAP
6 1 (0.63%) Ariba
6 1 (0.63%) BigPanda
6 1 (0.63%) Concur
6 1 (0.63%) Dell
6 1 (0.63%) Google
6 1 (0.63%) Intel
6 1 (0.63%) Salesforce Marketing Cloud
6 1 (0.63%) Sitecore