Product Analysis Contracts

Product Analysis
UK

The table below provides summary statistics for contract job vacancies requiring Product Analysis skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Product Analysis over the 6 months leading up to 12 June 2024, comparing them to the same period in the previous two years.

6 months to
12 Jun 2024
Same period 2023 Same period 2022
Rank 562 689 823
Rank change year-on-year +127 +134 -98
Contract jobs citing Product Analysis 22 8 25
As % of all contract jobs advertised in the UK 0.050% 0.014% 0.029%
As % of the Processes & Methodologies category 0.059% 0.016% 0.032%
Number of daily rates quoted 14 4 14
10th Percentile £408 £527 £390
25th Percentile £425 £550 £513
Median daily rate (50th Percentile) £450 £567 £600
Median % change year-on-year -20.67% -5.46% +42.86%
75th Percentile £487 £570 £675
90th Percentile £507 - -
UK excluding London median daily rate £435 £570 £650
% change year-on-year -23.68% -12.31% -

All Process and Methodology Skills
UK

Product Analysis falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,178 49,770 79,013
As % of all contract IT jobs advertised in the UK 85.13% 89.61% 90.64%
Number of daily rates quoted 23,737 34,458 55,587
10th Percentile £300 £325 £350
25th Percentile £413 £438 £436
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £650
90th Percentile £750 £750 £743
UK excluding London median daily rate £500 £500 £490
% change year-on-year - +2.04% +8.89%
Number of hourly rates quoted 2,579 1,678 1,852
10th Percentile £12.75 £10.96 £12.50
25th Percentile £16.00 £15.75 £15.90
Median hourly rate £37.00 £35.65 £26.00
Median % change year-on-year +3.79% +37.12% +13.04%
75th Percentile £61.28 £65.00 £50.15
90th Percentile £72.50 £75.00 £65.25
UK excluding London median hourly rate £38.12 £34.90 £21.00
% change year-on-year +9.23% +66.18% -

Product Analysis
Job Vacancy Trend

Job postings citing Product Analysis as a proportion of all IT jobs advertised.

Job vacancy trend for Product Analysis in the UK

Product Analysis
Contractor Daily Rate Trend

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

Daily rate trend for Product Analysis in the UK

Product Analysis
Daily Rate Histogram

Daily rate distribution for jobs citing Product Analysis over the 6 months to 12 June 2024.

Daily rate histogram for Product Analysis in the UK

Product Analysis
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Product Analysis.

Hourly rate trend for Product Analysis in the UK

Product Analysis
Top 10 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Analysis within the UK over the 6 months to 12 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 +99 16 £470 -10.48% 14
UK excluding London +36 11 £435 -23.68% 4
Work from Home +122 10 £450 -21.05% 4
London +89 10 £450 -14.29% 10
Scotland +50 5 £430 -24.56%
South East - 4 £475 - 3
West Midlands - 1 - -
Midlands - 1 - -
North West - 1 - -
North of England - 1 - - 1

Product Analysis
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:

Business Applications
1 1 (4.55%) Dynamics CRM
Cloud Services
1 7 (31.82%) Power Platform
2 1 (4.55%) Oracle CX
2 1 (4.55%) PaaS
2 1 (4.55%) SaaS
Database & Business Intelligence
1 7 (31.82%) PostHog
1 7 (31.82%) Power BI
Development Applications
1 2 (9.09%) JIRA
General
1 10 (45.45%) Analytical Skills
2 3 (13.64%) Digital Healthcare
2 3 (13.64%) Finance
3 2 (9.09%) Marketing
4 1 (4.55%) Health Technology
4 1 (4.55%) Public Sector
4 1 (4.55%) Publishing
Job Titles
1 10 (45.45%) Analyst
2 7 (31.82%) Product Owner
3 6 (27.27%) Product Analyst
4 4 (18.18%) IT Analyst
5 3 (13.64%) Business Analyst
5 3 (13.64%) Business Intelligence Consultant
5 3 (13.64%) Consultant
5 3 (13.64%) Digital Analyst
5 3 (13.64%) Healthcare Analyst
5 3 (13.64%) Power BI Consultant
6 2 (9.09%) Business IT Analyst
6 2 (9.09%) IT Business Analyst
6 2 (9.09%) Technical Product Owner
7 1 (4.55%) CRM Analyst
7 1 (4.55%) CRM Systems Analyst
7 1 (4.55%) Data Analyst
7 1 (4.55%) Systems Analyst
Miscellaneous
1 10 (45.45%) Product Ownership
2 2 (9.09%) Cyberattack
2 2 (9.09%) Data Protection Act
2 2 (9.09%) Mobile App
Processes & Methodologies
1 9 (40.91%) Problem-Solving
2 8 (36.36%) Analytics
3 7 (31.82%) Actionable Insight
3 7 (31.82%) Business Intelligence
3 7 (31.82%) Dashboard Development
3 7 (31.82%) Data Modelling
3 7 (31.82%) Roadmaps
4 5 (22.73%) Machine Learning
5 4 (18.18%) Data Security
5 4 (18.18%) Scenario Testing
5 4 (18.18%) Scrum
6 3 (13.64%) Acceptance Criteria
6 3 (13.64%) Agile
6 3 (13.64%) Analytical Thinking
6 3 (13.64%) Business Analysis
6 3 (13.64%) Business Case
6 3 (13.64%) Data-Driven Decision Making
6 3 (13.64%) Decision-Making
6 3 (13.64%) Mentoring
6 3 (13.64%) Product Management
Programming Languages
1 7 (31.82%) Data Analysis Expressions
Qualifications
1 2 (9.09%) Degree
Quality Assurance & Compliance
1 2 (9.09%) Accessibility
Vendors
1 1 (4.55%) Oracle
1 1 (4.55%) Salesforce