Product Owner Contracts in the Midlands

Product Owner
England > Midlands

The median Product Owner daily rate in the Midlands is £563 according to job vacancies posted during the 6 months to 2 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
2 Jun 2024
Same period 2023 Same period 2022
Rank 117 139 174
Rank change year-on-year +22 +35 -29
Contract jobs requiring a Product Owner 16 19 35
As % of all contract jobs advertised in the Midlands 0.57% 0.58% 0.69%
As % of the Job Titles category 0.62% 0.61% 0.72%
Number of daily rates quoted 15 16 29
10th Percentile £208 £431 £400
25th Percentile £316 £491 £413
Median daily rate (50th Percentile) £563 £556 £450
Median % change year-on-year +1.12% +23.61% +8.43%
75th Percentile £631 £600 £538
90th Percentile £688 - £683
England median daily rate £600 £600 £550
% change year-on-year - +9.09% +7.00%

All Contract IT Job Vacancies
Midlands

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the Midlands. 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 Midlands with a recognized job title 2,573 3,091 4,831
% of contract IT jobs with a recognized job title 92.16% 94.53% 95.83%
Number of daily rates quoted 1,741 2,185 3,522
10th Percentile £213 £228 £210
25th Percentile £338 £363 £363
Median daily rate (50th Percentile) £462 £475 £469
Median % change year-on-year -2.74% +1.23% +15.86%
75th Percentile £588 £594 £569
90th Percentile £675 £690 £650
England median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +6.00%
Number of hourly rates quoted 230 108 153
10th Percentile £11.83 £12.50 £11.40
25th Percentile £14.13 £14.52 £14.61
Median hourly rate £19.06 £20.41 £18.00
Median % change year-on-year -6.60% +13.39% +20.00%
75th Percentile £35.00 £30.00 £23.75
90th Percentile £52.01 £65.00 £35.00
England median hourly rate £37.75 £45.00 £23.91
% change year-on-year -16.11% +88.21% +11.47%

Product Owner
Job Vacancy Trend in the Midlands

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

Job vacancy trend for Product Owner in the Midlands

Product Owner
Contractor Daily Rate Trend in the Midlands

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

Daily rate trend for Product Owner in the Midlands

Product Owner
Daily Rate Histogram in the Midlands

Daily rate distribution for jobs citing Product Owner in the Midlands over the 6 months to 2 June 2024.

Daily rate histogram for Product Owner in the Midlands

Product Owner
Contract Job Locations in the Midlands

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 Midlands region over the 6 months to 2 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
West Midlands +15 13 £556 -7.29% 12
East Midlands +5 1 £225 -50.00% 4
Product Owner
England

Product Owner Skill Set
Top 30 Co-occurring Skills and Capabilities in the Midlands

For the 6 months to 2 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 across the Midlands region featuring Product Owner in the job title.

1 16 (100.00%) Product Ownership
2 12 (75.00%) Roadmaps
2 12 (75.00%) Agile
3 7 (43.75%) Manufacturing
3 7 (43.75%) Stakeholder Management
3 7 (43.75%) Product Vision
3 7 (43.75%) Product Backlog
4 6 (37.50%) Backlog Management
4 6 (37.50%) User Stories
5 5 (31.25%) User Experience
6 4 (25.00%) Social Skills
6 4 (25.00%) Product Requirements
6 4 (25.00%) Product Strategy
6 4 (25.00%) Backlog Prioritisation
6 4 (25.00%) Public Sector
6 4 (25.00%) Epics
6 4 (25.00%) Community of Practice
6 4 (25.00%) API Management
6 4 (25.00%) Containerisation
6 4 (25.00%) DevOps
6 4 (25.00%) IoT
6 4 (25.00%) Product Management
6 4 (25.00%) Identity Access Management
6 4 (25.00%) Service Delivery
6 4 (25.00%) Identity Management
6 4 (25.00%) Information Security
6 4 (25.00%) Use Case
7 3 (18.75%) Workflow
7 3 (18.75%) Decision-Making
7 3 (18.75%) Product Roadmap

Product Owner Skill Set
Co-occurring Skills and Capabilities in the 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:

Cloud Services
1 2 (12.50%) SuccessFactors
2 1 (6.25%) Dynamics 365
General
1 7 (43.75%) Manufacturing
2 4 (25.00%) Public Sector
2 4 (25.00%) Social Skills
3 2 (12.50%) Analytical Skills
4 1 (6.25%) Billing
4 1 (6.25%) Finance
Miscellaneous
1 16 (100.00%) Product Ownership
2 4 (25.00%) IoT
Processes & Methodologies
1 12 (75.00%) Agile
1 12 (75.00%) Roadmaps
2 7 (43.75%) Product Backlog
2 7 (43.75%) Product Vision
2 7 (43.75%) Stakeholder Management
3 6 (37.50%) Backlog Management
3 6 (37.50%) User Stories
4 5 (31.25%) User Experience
5 4 (25.00%) API Management
5 4 (25.00%) Backlog Prioritisation
5 4 (25.00%) Containerisation
5 4 (25.00%) DevOps
5 4 (25.00%) Identity Access Management
5 4 (25.00%) Identity Management
5 4 (25.00%) Information Security
5 4 (25.00%) Product Management
5 4 (25.00%) Product Requirements
5 4 (25.00%) Product Strategy
5 4 (25.00%) Service Delivery
5 4 (25.00%) Use Case
Vendors
1 1 (6.25%) Salesforce