Product Owner
UK
The median Product Owner daily rate in the UK is £588 according to job vacancies posted during the 6 months to 1 June 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 1 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 351 | 389 | 348 |
| Rank change year-on-year | +38 | -41 | +33 |
| Contract jobs requiring a Product Owner | 236 | 323 | 671 |
| As % of all contract jobs advertised in the UK | 0.55% | 0.58% | 0.77% |
| As % of the Job Titles category | 0.59% | 0.61% | 0.80% |
| Number of daily rates quoted | 171 | 251 | 509 |
| 10th Percentile | £405 | £450 | £425 |
| 25th Percentile | £491 | £510 | £475 |
| Median daily rate (50th Percentile) | £588 | £588 | £550 |
| Median % change year-on-year | - | +6.82% | +4.76% |
| 75th Percentile | £675 | £650 | £625 |
| 90th Percentile | £763 | £700 | £707 |
| UK excluding London median daily rate | £550 | £538 | £525 |
| % change year-on-year | +2.33% | +2.38% | +7.42% |
| Number of hourly rates quoted | 0 | 2 | 0 |
| Median hourly rate | - | £64.25 | - |
| UK excluding London median hourly rate | - | £103.50 | - |
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 | 39,969 | 53,015 | 83,520 |
| % of contract IT jobs with a recognized job title | 92.83% | 94.58% | 95.35% |
| Number of daily rates quoted | 25,870 | 37,031 | 58,844 |
| 10th Percentile | £280 | £313 | £315 |
| 25th Percentile | £409 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £540 | £525 |
| Median % change year-on-year | -2.78% | +2.86% | +7.69% |
| 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% | +10.21% |
| Number of hourly rates quoted | 2,841 | 1,476 | 1,963 |
| 10th Percentile | £12.86 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.06 | £15.90 |
| Median hourly rate | £37.50 | £45.00 | £24.50 |
| Median % change year-on-year | -16.67% | +83.67% | +12.28% |
| 75th Percentile | £61.60 | £65.75 | £49.33 |
| 90th Percentile | £73.75 | £76.13 | £65.00 |
| UK excluding London median hourly rate | £40.00 | £42.50 | £20.00 |
| % change year-on-year | -5.88% | +112.50% | +5.26% |
Product Owner
Job Vacancy Trend
Job postings that featured Product Owner in the job title as a proportion of all IT jobs advertised.
Product Owner
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Product Owner.
Product Owner
Daily Rate Histogram
Daily rate distribution for jobs citing Product Owner over the 6 months to 1 June 2024.
Product Owner
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Product Owner.
Product Owner
Top 13 Contract Locations
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 UK over the 6 months to 1 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 | +25 | 212 | £600 | - | 76 |
| London | +80 | 153 | £600 | - | 38 |
| Work from Home | +53 | 90 | £563 | -2.17% | 45 |
| UK excluding London | -23 | 63 | £550 | +2.33% | 42 |
| South East | -14 | 20 | £550 | +10.00% | 9 |
| Midlands | +20 | 16 | £563 | +1.12% | 16 |
| West Midlands | +14 | 13 | £556 | -7.29% | 12 |
| North West | +17 | 10 | £500 | -6.98% | 4 |
| North of England | +9 | 10 | £500 | -6.98% | 6 |
| Scotland | +29 | 9 | £493 | -6.19% | 5 |
| East of England | +2 | 4 | £410 | -18.00% | 1 |
| South West | -5 | 4 | £600 | -7.69% | 5 |
| East Midlands | +7 | 1 | £225 | -50.00% | 4 |
Product Owner Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 1 June 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 featuring Product Owner in the job title.
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Product Owner 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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