Product Manager
UK
The median Product Manager daily rate in the UK is £585 according to job vacancies posted during the 6 months to 11 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 11 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 347 | 306 | 379 |
| Rank change year-on-year | -41 | +73 | +38 |
| Contract jobs requiring a Product Manager | 252 | 483 | 594 |
| As % of all contract jobs advertised in the UK | 0.59% | 0.84% | 0.68% |
| As % of the Job Titles category | 0.63% | 0.88% | 0.71% |
| Number of daily rates quoted | 188 | 356 | 424 |
| 10th Percentile | £409 | £413 | £425 |
| 25th Percentile | £477 | £450 | £500 |
| Median daily rate (50th Percentile) | £585 | £550 | £558 |
| Median % change year-on-year | +6.36% | -1.35% | +11.50% |
| 75th Percentile | £663 | £638 | £638 |
| 90th Percentile | £788 | £683 | £700 |
| UK excluding London median daily rate | £575 | £538 | £538 |
| % change year-on-year | +6.98% | - | +19.44% |
| Number of hourly rates quoted | 2 | 2 | 1 |
| 10th Percentile | - | - | - |
| 25th Percentile | £66.25 | - | £41.25 |
| Median hourly rate | £67.50 | £39.55 | £42.50 |
| Median % change year-on-year | +70.67% | -6.94% | -40.97% |
| 75th Percentile | £68.75 | - | £43.75 |
| 90th Percentile | - | - | - |
| UK excluding London median hourly rate | - | £39.55 | - |
All Contract IT Job Vacancies
UK
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.
| Contract vacancies in the UK with a recognized job title | 39,895 | 54,705 | 83,445 |
| % of contract IT jobs with a recognized job title | 92.77% | 94.63% | 95.43% |
| Number of daily rates quoted | 25,959 | 38,196 | 58,620 |
| 10th Percentile | £280 | £313 | £313 |
| 25th Percentile | £410 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £540 | £525 |
| Median % change year-on-year | -2.78% | +2.86% | +10.53% |
| 75th Percentile | £638 | £650 | £638 |
| 90th Percentile | £750 | £750 | £738 |
| UK excluding London median daily rate | £490 | £500 | £475 |
| % change year-on-year | -2.00% | +5.26% | +11.76% |
| Number of hourly rates quoted | 2,673 | 1,532 | 2,041 |
| 10th Percentile | £12.86 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.06 | £15.75 |
| Median hourly rate | £37.50 | £45.00 | £23.91 |
| Median % change year-on-year | -16.67% | +88.21% | +6.27% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £72.90 | £76.00 | £65.00 |
| UK excluding London median hourly rate | £40.00 | £42.43 | £20.00 |
| % change year-on-year | -5.73% | +112.16% | +5.26% |
Product Manager
Job Vacancy Trend
Job postings that featured Product Manager in the job title as a proportion of all IT jobs advertised.
Product Manager
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Product Manager.
Product Manager
Daily Rate Histogram
Daily rate distribution for jobs citing Product Manager over the 6 months to 11 May 2024.
Product Manager
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Product Manager.
Product Manager
Top 15 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Manager within the UK over the 6 months to 11 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 |
|---|---|---|---|---|---|
| England | -55 | 205 | £600 | +6.97% | 209 |
| London | -21 | 141 | £600 | +4.35% | 104 |
| Work from Home | +37 | 87 | £594 | +9.95% | 111 |
| UK excluding London | -1 | 85 | £575 | +6.98% | 119 |
| Scotland | +35 | 26 | £575 | +27.78% | 5 |
| North of England | +4 | 18 | £585 | +6.36% | 26 |
| South West | +12 | 15 | £450 | -30.77% | 10 |
| North West | +13 | 14 | £518 | -13.75% | 18 |
| South East | -25 | 14 | £505 | -1.46% | 29 |
| Midlands | +27 | 10 | £600 | - | 27 |
| West Midlands | +14 | 8 | £600 | -7.69% | 22 |
| Yorkshire | -6 | 4 | £600 | +9.09% | 5 |
| East Midlands | +17 | 2 | £601 | -7.50% | 5 |
| East of England | +10 | 1 | £700 | +7.69% | 10 |
| Northern Ireland | +6 | 1 | £640 | +34.74% | 2 |
Product Manager Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 11 May 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 job ads featuring Product Manager in the job title.
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Product Manager Skill Set
Co-occurring Skills and Capabilities 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:
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