Product Specialist
UK
The median Product Specialist daily rate in the UK is £450 according to job vacancies posted during the 6 months to 16 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 16 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 564 | 670 | 834 |
| Rank change year-on-year | +106 | +164 | -172 |
| Contract jobs requiring a Product Specialist | 12 | 14 | 15 |
| As % of all contract jobs advertised in the UK | 0.028% | 0.025% | 0.017% |
| As % of the Job Titles category | 0.030% | 0.026% | 0.018% |
| Number of daily rates quoted | 6 | 6 | 9 |
| 10th Percentile | £285 | £355 | £573 |
| 25th Percentile | £378 | £500 | £688 |
| Median daily rate (50th Percentile) | £450 | £525 | £700 |
| Median % change year-on-year | -14.29% | -25.00% | +90.48% |
| 75th Percentile | £494 | £650 | £719 |
| 90th Percentile | £656 | £713 | - |
| UK excluding London median daily rate | £495 | £220 | £475 |
| % change year-on-year | +125.00% | -53.68% | +61.70% |
| Number of hourly rates quoted | 0 | 1 | 0 |
| Median hourly rate | - | £64.25 | - |
| UK excluding London median hourly rate | - | - | - |
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 | 39,484 | 53,902 | 83,447 |
| % of contract IT jobs with a recognized job title | 92.78% | 94.62% | 95.41% |
| Number of daily rates quoted | 25,682 | 37,660 | 58,636 |
| 10th Percentile | £280 | £313 | £313 |
| 25th Percentile | £410 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £543 | £525 |
| Median % change year-on-year | -3.23% | +3.33% | +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 | 2,662 | 1,503 | 2,044 |
| 10th Percentile | £12.82 | £14.25 | £12.50 |
| 25th Percentile | £16.30 | £19.38 | £15.76 |
| Median hourly rate | £36.58 | £45.00 | £24.00 |
| Median % change year-on-year | -18.72% | +87.50% | +6.67% |
| 75th Percentile | £61.30 | £65.75 | £49.25 |
| 90th Percentile | £73.44 | £76.20 | £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 Specialist
Job Vacancy Trend
Job postings that featured Product Specialist in the job title as a proportion of all IT jobs advertised.
Product Specialist
Contractor Daily Rate Trend
3-month moving average daily rate quoted in jobs citing Product Specialist.
Product Specialist
Daily Rate Histogram
Daily rate distribution for jobs citing Product Specialist over the 6 months to 16 May 2024.
Product Specialist
Contractor Hourly Rate Trend
3-month moving average hourly rates quoted in jobs citing Product Specialist.
Product Specialist
Top 9 Contract Locations
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Specialist within the UK over the 6 months to 16 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 | +111 | 10 | £438 | -16.67% | 31 |
| UK excluding London | +59 | 5 | £495 | +125.00% | 23 |
| London | +97 | 3 | - | - | 13 |
| South West | - | 3 | - | - | 5 |
| Work from Home | +118 | 2 | £638 | +31.44% | 48 |
| North of England | +26 | 1 | £215 | -2.27% | 4 |
| Yorkshire | +14 | 1 | £215 | -2.27% | 1 |
| West Midlands | - | 1 | £775 | - | 4 |
| Midlands | - | 1 | £775 | - | 6 |
Product Specialist Skill Set
Top 30 Co-occurring Skills and Capabilities
For the 6 months to 16 May 2024, Product Specialist 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 Specialist in the job title.
|
|
Product Specialist 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: