Product Strategy Contracts in the West Midlands

Product Strategy
England > West Midlands

The following table provides summary statistics for contract job vacancies advertised in the West Midlands with a requirement for Product Strategy skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Product Strategy over the 6 months to 23 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
23 May 2024
Same period 2023 Same period 2022
Rank 100 124 173
Rank change year-on-year +24 +49 -49
Contract jobs citing Product Strategy 10 3 3
As % of all contract jobs advertised in the West Midlands 0.53% 0.14% 0.084%
As % of the Processes & Methodologies category 0.63% 0.15% 0.094%
Number of daily rates quoted 9 3 3
10th Percentile £312 - -
25th Percentile £313 - £463
Median daily rate (50th Percentile) £350 £650 £475
Median % change year-on-year -46.15% +36.84% +55.74%
75th Percentile £358 - £563
90th Percentile £429 - £608
England median daily rate £610 £600 £550
% change year-on-year +1.67% +9.09% +15.67%
Number of hourly rates quoted 1 0 0
10th Percentile - - -
25th Percentile £36.25 - -
Median hourly rate £37.50 - -
75th Percentile £38.75 - -
90th Percentile - - -
England median hourly rate £67.50 £83.31 £45.50
% change year-on-year -18.98% +83.10% -29.18%

All Process and Methodology Skills
West Midlands

Product Strategy is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the West Midlands with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 1,587 1,955 3,203
As % of all contract IT jobs advertised in the West Midlands 83.48% 88.06% 90.00%
Number of daily rates quoted 1,063 1,330 2,331
10th Percentile £275 £263 £275
25th Percentile £363 £400 £400
Median daily rate (50th Percentile) £500 £520 £490
Median % change year-on-year -3.85% +6.12% +15.29%
75th Percentile £625 £600 £575
90th Percentile £750 £700 £675
England median daily rate £525 £550 £540
% change year-on-year -4.55% +1.85% +8.00%
Number of hourly rates quoted 115 50 67
10th Percentile £11.09 £12.50 £12.00
25th Percentile £14.06 £13.87 £13.81
Median hourly rate £22.50 £21.69 £16.83
Median % change year-on-year +3.73% +28.92% +5.16%
75th Percentile £41.13 £28.75 £19.93
90th Percentile £58.75 £48.13 £23.15
England median hourly rate £36.50 £37.30 £25.00
% change year-on-year -2.14% +49.20% +10.23%

Product Strategy
Job Vacancy Trend in the West Midlands

Job postings citing Product Strategy as a proportion of all IT jobs advertised in the West Midlands.

Job vacancy trend for Product Strategy in the West Midlands

Product Strategy
Contractor Daily Rate Trend in the West Midlands

3-month moving average daily rate quoted in jobs citing Product Strategy in the West Midlands.

Daily rate trend for Product Strategy in the West Midlands

Product Strategy
Daily Rate Histogram in the West Midlands

Daily rate distribution for jobs citing Product Strategy in the West Midlands over the 6 months to 23 May 2024.

Daily rate histogram for Product Strategy in the West Midlands

Product Strategy
Contractor Hourly Rate Trend in the West Midlands

3-month moving average hourly rates quoted in jobs citing Product Strategy in the West Midlands.

Hourly rate trend for Product Strategy in the West Midlands

Product Strategy
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Strategy within the West Midlands region over the 6 months to 23 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
Warwickshire - 8 £335 - 6
Birmingham +18 1 £688 +5.77% 9
Staffordshire +6 1 - - 1
Product Strategy
England

Product Strategy
Co-occurring Skills and Capabilities in the West Midlands 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:

Applications
1 4 (40.00%) Spreadsheet
2 1 (10.00%) Microsoft Project
Cloud Services
1 1 (10.00%) OCI
Database & Business Intelligence
1 1 (10.00%) Oracle BI Publisher
General
1 9 (90.00%) Automotive
1 9 (90.00%) Manufacturing
2 2 (20.00%) Finance
2 2 (20.00%) Public Sector
2 2 (20.00%) Social Skills
3 1 (10.00%) Aerospace
3 1 (10.00%) Local Government
Job Titles
1 2 (20.00%) Lead
2 1 (10.00%) Project Leader
2 1 (10.00%) Senior
Miscellaneous
1 8 (80.00%) Infotainment
2 1 (10.00%) Onboarding
Processes & Methodologies
1 8 (80.00%) Use Case
1 8 (80.00%) Validation
2 4 (40.00%) Battery Management
2 4 (40.00%) Physics
3 1 (10.00%) Analytics
3 1 (10.00%) Business Intelligence
3 1 (10.00%) Customer Service
3 1 (10.00%) Performance Metrics
3 1 (10.00%) Project Management
3 1 (10.00%) Service Design
Qualifications
1 2 (20.00%) BPSS Clearance
2 1 (10.00%) Degree
Vendors
1 1 (10.00%) Microsoft
1 1 (10.00%) Oracle