Digital Product Owner Contracts

Digital Product Owner
UK

The median Digital Product Owner daily rate in the UK is £600, according to job vacancies posted in the 6 months leading up to 13 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
13 Jun 2024
Same period 2023 Same period 2022
Rank 562 662 798
Rank change year-on-year +100 +136 -103
Contract jobs requiring a Digital Product Owner 22 35 50
As % of all contract jobs advertised in the UK 0.050% 0.063% 0.057%
As % of the Job Titles category 0.054% 0.067% 0.060%
Number of daily rates quoted 8 29 42
10th Percentile £539 £545 £450
25th Percentile £556 £563 £489
Median daily rate (50th Percentile) £600 £600 £550
Median % change year-on-year - +9.09% +10.00%
75th Percentile £725 - £600
90th Percentile £740 £658 £636
UK excluding London median daily rate - £600 £525
% change year-on-year - +14.29% +3.96%

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%

Digital Product Owner
Job Vacancy Trend

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

Job vacancy trend for Digital Product Owner in the UK

Digital Product Owner
Contractor Daily Rate Trend

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

Daily rate trend for Digital Product Owner in the UK

Digital Product Owner
Daily Rate Histogram

Daily rate distribution for jobs citing Digital Product Owner over the 6 months to 13 June 2024.

Daily rate histogram for Digital Product Owner in the UK

Digital Product Owner
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Digital Product Owner within the UK over the 6 months to 13 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 +73 22 £600 - 6
London +82 18 £600 - 2
Work from Home +94 5 - - 6
North of England +15 2 - -
UK excluding London +14 2 - - 5
North West +13 2 - -

Digital Product Owner Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 13 June 2024, Digital 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 Digital Product Owner in the job title.

1 22 (100.00%) Product Ownership
2 15 (68.18%) Agile
3 8 (36.36%) Backlog Prioritisation
4 7 (31.82%) Problem-Solving
4 7 (31.82%) Analytics
4 7 (31.82%) Finance
4 7 (31.82%) Stakeholder Management
5 6 (27.27%) Roadmaps
6 5 (22.73%) Social Skills
6 5 (22.73%) Banking
6 5 (22.73%) Workflow
6 5 (22.73%) Product Requirements
7 4 (18.18%) Business Case
7 4 (18.18%) Backlog Refinement
7 4 (18.18%) Product Backlog
7 4 (18.18%) Budgeting and Forecasting
7 4 (18.18%) Azure DevOps
7 4 (18.18%) Workshop Facilitation
7 4 (18.18%) Sprint Planning
7 4 (18.18%) User Stories
7 4 (18.18%) DevOps
7 4 (18.18%) Translating Business Requirements
7 4 (18.18%) Creative Problem-Solving
7 4 (18.18%) Acceptance Criteria
7 4 (18.18%) Investment Banking
7 4 (18.18%) Retail
7 4 (18.18%) E-Commerce
7 4 (18.18%) Retail Banking
7 4 (18.18%) Corporate Banking
7 4 (18.18%) Wealth Management

Digital 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:

Application Platforms
1 4 (18.18%) Confluence
2 2 (9.09%) Adobe Experience Manager
2 2 (9.09%) CMS
2 2 (9.09%) WordPress
Cloud Services
1 4 (18.18%) Azure
1 4 (18.18%) Azure DevOps
2 2 (9.09%) Google Analytics
2 2 (9.09%) Power Platform
3 1 (4.55%) Bloomreach
Database & Business Intelligence
1 2 (9.09%) Power BI
2 1 (4.55%) Metadata
General
1 7 (31.82%) Finance
2 5 (22.73%) Banking
2 5 (22.73%) Social Skills
3 4 (18.18%) Corporate Banking
3 4 (18.18%) Investment Banking
3 4 (18.18%) Retail
3 4 (18.18%) Retail Banking
4 3 (13.64%) Analytical Skills
5 2 (9.09%) Marketing
6 1 (4.55%) Automotive
6 1 (4.55%) Telecoms
Libraries, Frameworks & Software Standards
1 3 (13.64%) React Native
Miscellaneous
1 22 (100.00%) Product Ownership
2 3 (13.64%) Mobile App
3 1 (4.55%) Management Information System
3 1 (4.55%) Mobile Banking
3 1 (4.55%) Taxonomies
Operating Systems
1 3 (13.64%) Android
1 3 (13.64%) Apple iOS
Processes & Methodologies
1 15 (68.18%) Agile
2 8 (36.36%) Backlog Prioritisation
3 7 (31.82%) Analytics
3 7 (31.82%) Problem-Solving
3 7 (31.82%) Stakeholder Management
4 6 (27.27%) Roadmaps
5 5 (22.73%) Product Requirements
5 5 (22.73%) Workflow
6 4 (18.18%) Acceptance Criteria
6 4 (18.18%) Backlog Refinement
6 4 (18.18%) Budgeting and Forecasting
6 4 (18.18%) Business Case
6 4 (18.18%) Creative Problem-Solving
6 4 (18.18%) DevOps
6 4 (18.18%) Product Backlog
6 4 (18.18%) Sprint Planning
6 4 (18.18%) Translating Business Requirements
6 4 (18.18%) User Acceptance Testing
6 4 (18.18%) User Stories
6 4 (18.18%) Workshop Facilitation
Qualifications
1 1 (4.55%) Degree
Vendors
1 2 (9.09%) Adobe
1 2 (9.09%) Google
2 1 (4.55%) Aprimo