Product Manager Contracts

Product Manager
UK

The median Product Manager daily rate in the UK is £575, according to job vacancies posted in the 6 months leading up to 12 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
12 Jun 2024		 Same period 2023 Same period 2022
Rank 329 335 367
Rank change year-on-year +6 +32 +39
Contract jobs requiring a Product Manager 266 426 606
As % of all contract jobs advertised in the UK 0.61% 0.77% 0.70%
As % of the Job Titles category 0.66% 0.81% 0.73%
Number of daily rates quoted 199 322 438
10th Percentile £400 £413 £425
25th Percentile £453 £450 £500
Median daily rate (50th Percentile) £575 £550 £563
Median % change year-on-year +4.55% -2.33% +12.62%
75th Percentile £663 £638 £650
90th Percentile £788 £675 £713
UK excluding London median daily rate £575 £525 £539
% change year-on-year +9.52% -2.55% +20.73%
Number of hourly rates quoted 2 4 1
10th Percentile - - -
25th Percentile £66.25 £39.55 £41.25
Median hourly rate £67.50 £46.28 £42.50
Median % change year-on-year +45.87% +8.88% -40.97%
75th Percentile £68.75 £58.06 £43.75
90th Percentile - £64.48 -
UK excluding London median hourly rate - £39.55 -

All Contract IT Job Vacancies
UK

For comparison with the information above, the following table provides 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 40,557 52,491 83,111
% of contract IT jobs with a recognized job title 92.86% 94.51% 95.34%
Number of daily rates quoted 26,070 36,644 58,616
10th Percentile £280 £313 £318
25th Percentile £408 £425 £425
Median daily rate (50th Percentile) £525 £538 £525
Median % change year-on-year -2.42% +2.48% +6.06%
75th Percentile £638 £650 £638
90th Percentile £750 £750 £738
UK excluding London median daily rate £488 £500 £475
% change year-on-year -2.50% +5.26% +8.57%
Number of hourly rates quoted 2,936 1,486 1,938
10th Percentile £12.86 £14.25 £12.75
25th Percentile £16.30 £19.42 £15.90
Median hourly rate £37.50 £45.00 £25.00
Median % change year-on-year -16.67% +80.00% +16.28%
75th Percentile £61.81 £65.75 £50.00
90th Percentile £73.75 £77.00 £65.00
UK excluding London median hourly rate £40.00 £42.08 £20.00
% change year-on-year -4.94% +110.39% +7.82%

Product Manager
Job Vacancy Trend

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

Job vacancy trend for Product Manager in the UK

Product Manager
Contractor Daily Rate Trend

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

Daily rate trend for Product Manager in the UK

Product Manager
Daily Rate Histogram

Daily rate distribution for jobs citing Product Manager over the 6 months to 12 June 2024.

Daily rate histogram for Product Manager in the UK

Product Manager
Contractor Hourly Rate Trend

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

Hourly rate trend for Product Manager in the UK

Product Manager
Top 16 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 12 June 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 -32 215 £588 +6.82% 231
London -2 152 £600 +4.35% 114
Work from Home +76 112 £600 +14.29% 124
UK excluding London -22 86 £575 +9.52% 116
Scotland +25 27 £575 +18.86% 5
North of England +5 21 £500 -9.09% 38
North West +23 18 £475 -13.64% 22
South West +2 14 £430 -33.92% 4
South East -22 12 £488 +3.72% 31
Midlands +12 7 £608 +5.65% 22
West Midlands +14 5 £625 -3.85% 18
East of England +3 3 £650 - 15
Yorkshire -3 3 £638 +15.91% 11
East Midlands +3 2 £601 -1.84% 4
Northern Ireland -3 1 £640 +34.74% 1
Wales - 1 - - 2

Product Manager Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 12 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 job ads featuring Product Manager in the job title.

1 133 (50.00%) Agile
2 113 (42.48%) Product Management
3 107 (40.23%) Roadmaps
4 70 (26.32%) Finance
5 66 (24.81%) Product Ownership
6 62 (23.31%) Security Cleared
7 56 (21.05%) Product Roadmap
8 54 (20.30%) SC Cleared
9 51 (19.17%) Public Sector
9 51 (19.17%) Social Skills
10 43 (16.17%) Analytics
11 38 (14.29%) User Stories
11 38 (14.29%) User Research
12 32 (12.03%) Product Backlog
12 32 (12.03%) JIRA
13 29 (10.90%) User Experience
13 29 (10.90%) Analytical Skills
14 27 (10.15%) Project Management
14 27 (10.15%) SQL
14 27 (10.15%) Product Strategy
15 25 (9.40%) Problem-Solving
15 25 (9.40%) Stakeholder Management
15 25 (9.40%) Scrum
15 25 (9.40%) Confluence
15 25 (9.40%) Marketing
16 24 (9.02%) AWS
16 24 (9.02%) Foreign Exchange (FX)
16 24 (9.02%) Python
16 24 (9.02%) Product Vision
17 23 (8.65%) Backlog Management

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:

Application Platforms
1 25 (9.40%) Confluence
2 5 (1.88%) CMS
2 5 (1.88%) SAS
3 4 (1.50%) Apache
4 3 (1.13%) Adobe Experience Manager
4 3 (1.13%) SharePoint
Applications
1 1 (0.38%) Microsoft Excel
1 1 (0.38%) Microsoft Office
1 1 (0.38%) Microsoft PowerPoint
1 1 (0.38%) Trello
Business Applications
1 2 (0.75%) SAP S/4HANA
1 2 (0.75%) Workfront
2 1 (0.38%) Payment Gateway
Cloud Services
1 24 (9.02%) AWS
2 11 (4.14%) SaaS
3 10 (3.76%) Azure
4 7 (2.63%) Power Platform
5 4 (1.50%) Cloud Computing
5 4 (1.50%) dbt
5 4 (1.50%) Microsoft 365
5 4 (1.50%) PaaS
6 2 (0.75%) Figma
6 2 (0.75%) Slack
7 1 (0.38%) Azure DevOps
7 1 (0.38%) GCP
7 1 (0.38%) GitHub
7 1 (0.38%) Miro
7 1 (0.38%) Stripe
7 1 (0.38%) SuccessFactors
Communications & Networking
1 4 (1.50%) Firewall
2 3 (1.13%) Unified Communications
3 1 (0.38%) ISDN
3 1 (0.38%) Wi-Fi
Database & Business Intelligence
1 9 (3.38%) Data Lake
2 6 (2.26%) Power BI
3 5 (1.88%) Crystal Reports
3 5 (1.88%) Tableau
4 4 (1.50%) Apache Arrow
4 4 (1.50%) Big Data
4 4 (1.50%) Dremio
5 1 (0.38%) Data Warehouse
5 1 (0.38%) SQL Server
Development Applications
1 32 (12.03%) JIRA
2 4 (1.50%) Artifactory
2 4 (1.50%) Bitbucket
2 4 (1.50%) Git
2 4 (1.50%) Jenkins
2 4 (1.50%) TeamCity
3 1 (0.38%) GitLab
3 1 (0.38%) Rational DOORS
General
1 70 (26.32%) Finance
2 51 (19.17%) Public Sector
2 51 (19.17%) Social Skills
3 29 (10.90%) Analytical Skills
4 25 (9.40%) Marketing
5 20 (7.52%) Front Office
6 17 (6.39%) Retail
7 12 (4.51%) Banking
7 12 (4.51%) Telecoms
8 10 (3.76%) Pharmaceutical
9 9 (3.38%) Manufacturing
9 9 (3.38%) Presentation Skills
10 8 (3.01%) Influencing Skills
10 8 (3.01%) Legal
11 6 (2.26%) Investment Banking
11 6 (2.26%) Local Government
12 5 (1.88%) Electronics
13 4 (1.50%) Automotive
14 3 (1.13%) Advertising
14 3 (1.13%) Inclusion and Diversity
Libraries, Frameworks & Software Standards
1 3 (1.13%) Web Services
2 2 (0.75%) Hugging Face
3 1 (0.38%) HTML
3 1 (0.38%) OAuth
3 1 (0.38%) Oracle Fusion
Miscellaneous
1 66 (24.81%) Product Ownership
2 24 (9.02%) Foreign Exchange (FX)
3 21 (7.89%) Derivative
4 20 (7.52%) Equities
4 20 (7.52%) Fixed Income
4 20 (7.52%) Hedge funds
5 6 (2.26%) Digital Signage
5 6 (2.26%) Management Information System
5 6 (2.26%) Video\Live Streaming
6 5 (1.88%) Blockchain
7 4 (1.50%) Onboarding
7 4 (1.50%) Reference Data
7 4 (1.50%) Self-Motivation
8 3 (1.13%) Analytical Mindset
8 3 (1.13%) Data Protection Act
8 3 (1.13%) Legacy Applications
8 3 (1.13%) Legacy Systems
8 3 (1.13%) Mobile App
9 2 (0.75%) Life Science
9 2 (0.75%) Wiki
Operating Systems
1 5 (1.88%) Apple iOS
2 4 (1.50%) Android
2 4 (1.50%) Linux
2 4 (1.50%) Unix
2 4 (1.50%) Windows
Processes & Methodologies
1 133 (50.00%) Agile
2 113 (42.48%) Product Management
3 107 (40.23%) Roadmaps
4 56 (21.05%) Product Roadmap
5 43 (16.17%) Analytics
6 38 (14.29%) User Research
6 38 (14.29%) User Stories
7 32 (12.03%) Product Backlog
8 29 (10.90%) User Experience
9 27 (10.15%) Product Strategy
9 27 (10.15%) Project Management
10 25 (9.40%) Problem-Solving
10 25 (9.40%) Scrum
10 25 (9.40%) Stakeholder Management
11 24 (9.02%) Product Vision
12 23 (8.65%) Asset Management
12 23 (8.65%) Backlog Management
13 22 (8.27%) Artificial Intelligence
14 21 (7.89%) Investment Management
15 20 (7.52%) Strategic Roadmap
Programming Languages
1 27 (10.15%) SQL
2 24 (9.02%) Python
Qualifications
1 62 (23.31%) Security Cleared
2 54 (20.30%) SC Cleared
3 22 (8.27%) Degree
4 7 (2.63%) Master's Degree
5 5 (1.88%) DV Cleared
5 5 (1.88%) MBA
6 4 (1.50%) Computer Science Degree
7 3 (1.13%) PMP
8 2 (0.75%) BPSS Clearance
8 2 (0.75%) CSPO
8 2 (0.75%) PMI Certification
8 2 (0.75%) PRINCE2 Certification
9 1 (0.38%) Azure Certification
9 1 (0.38%) CCIP
9 1 (0.38%) Cisco Certification
Quality Assurance & Compliance
1 3 (1.13%) QA
2 2 (0.75%) PMO
3 1 (0.38%) ISO/IEC 27001
3 1 (0.38%) PCI DSS
3 1 (0.38%) PSD2
Systems Management
1 5 (1.88%) Terraform
2 4 (1.50%) Ansible
2 4 (1.50%) Kubernetes
Vendors
1 8 (3.01%) Microsoft
1 8 (3.01%) SAP
2 7 (2.63%) Logitech
3 5 (1.88%) IFS
4 4 (1.50%) Salesforce
5 3 (1.13%) Adobe
5 3 (1.13%) Oracle
6 2 (0.75%) Amplitude
6 2 (0.75%) Atlassian
6 2 (0.75%) Citrix
6 2 (0.75%) MuleSoft
7 1 (0.38%) CA Agile Central
7 1 (0.38%) Cadence
7 1 (0.38%) Capita
7 1 (0.38%) Cisco
7 1 (0.38%) Databricks
7 1 (0.38%) Salesforce Marketing Cloud
7 1 (0.38%) ServiceNow
7 1 (0.38%) Workday
7 1 (0.38%) Zoho
277 Product Manager jobs Nationwide