Product Business Analyst Contracts

Product Business Analyst (Product BA)
UK

The median Product Business Analyst (Product BA) daily rate in the UK is £650 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 543 649 742
Rank change year-on-year +106 +93 -73
Contract jobs requiring a Product Business Analyst 36 35 99
As % of all contract jobs advertised in the UK 0.084% 0.062% 0.11%
As % of the Job Titles category 0.090% 0.066% 0.12%
Number of daily rates quoted 28 29 78
10th Percentile £405 £463 £419
25th Percentile £500 £513 £450
Median daily rate (50th Percentile) £650 £538 £625
Median % change year-on-year +20.93% -14.00% +25.00%
75th Percentile £788 £650 £700
90th Percentile - £788 £708
UK excluding London median daily rate £410 £525 £431
% change year-on-year -21.90% +21.74% -1.43%

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 40,001 53,325 83,708
% of contract IT jobs with a recognized job title 92.83% 94.58% 95.35%
Number of daily rates quoted 25,880 37,256 59,003
10th Percentile £280 £313 £315
25th Percentile £409 £425 £425
Median daily rate (50th Percentile) £525 £540 £525
Median % change year-on-year -2.78% +2.86% +7.69%
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% +9.45%
Number of hourly rates quoted 2,851 1,473 1,957
10th Percentile £12.86 £14.25 £12.50
25th Percentile £16.30 £19.06 £15.90
Median hourly rate £37.50 £45.00 £25.00
Median % change year-on-year -16.67% +80.00% +14.34%
75th Percentile £61.60 £65.75 £49.41
90th Percentile £73.75 £76.45 £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 Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Product Business Analyst in the UK

Product Business Analyst
Contractor Daily Rate Trend

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

Daily rate trend for Product Business Analyst in the UK

Product Business Analyst
Daily Rate Histogram

Daily rate distribution for jobs citing Product Business Analyst over the 6 months to 2 June 2024.

Daily rate histogram for Product Business Analyst in the UK

Product Business Analyst
Contractor Hourly Rate Trend

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

Hourly rate trend for Product Business Analyst in the UK

Product Business Analyst
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Business Analyst within the UK 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
England +97 31 £650 +20.93% 2
Work from Home +122 23 £725 +34.88%
London +97 21 £725 +16.00% 2
UK excluding London +52 9 £410 -21.90%
South East +12 4 £553 +5.29%
East of England +11 4 £410 -18.00%
North of England +29 1 - -
Yorkshire +21 1 - -

Product Business Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 2 June 2024, Product Business Analyst 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 Business Analyst in the job title.

1 29 (80.56%) Agile
1 29 (80.56%) Product Ownership
2 19 (52.78%) Finance
2 19 (52.78%) Python
3 18 (50.00%) Foreign Exchange (FX)
4 17 (47.22%) Derivative
4 17 (47.22%) Front Office
5 16 (44.44%) Artificial Intelligence
5 16 (44.44%) Asset Management
5 16 (44.44%) Fixed Income
5 16 (44.44%) Equities
5 16 (44.44%) Analytics
5 16 (44.44%) Hedge funds
5 16 (44.44%) Machine Learning
5 16 (44.44%) Investment Management
5 16 (44.44%) Product Management
5 16 (44.44%) AWS
6 15 (41.67%) SQL
7 9 (25.00%) JIRA
8 7 (19.44%) Scrum
8 7 (19.44%) Confluence
9 6 (16.67%) User Stories
9 6 (16.67%) Java
9 6 (16.67%) JavaScript
9 6 (16.67%) Roadmaps
10 5 (13.89%) Power Platform
10 5 (13.89%) Requirements Gathering
10 5 (13.89%) Business Analysis
10 5 (13.89%) Stakeholder Management
10 5 (13.89%) Banking

Product Business Analyst 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 7 (19.44%) Confluence
Business Applications
1 1 (2.78%) Dynamics CRM
1 1 (2.78%) Shopify
Cloud Services
1 16 (44.44%) AWS
2 5 (13.89%) Power Platform
3 4 (11.11%) Collibra
4 2 (5.56%) Azure
5 1 (2.78%) Azure DevOps
5 1 (2.78%) BigCommerce
5 1 (2.78%) Salesforce Commerce Cloud
Database & Business Intelligence
1 5 (13.89%) Power BI
2 4 (11.11%) Metadata
3 1 (2.78%) Data Mart
3 1 (2.78%) Tableau
Development Applications
1 9 (25.00%) JIRA
2 4 (11.11%) Eclipse
2 4 (11.11%) PyCharm
3 1 (2.78%) Balsamiq
General
1 19 (52.78%) Finance
2 17 (47.22%) Front Office
3 5 (13.89%) Banking
4 4 (11.11%) Manufacturing
4 4 (11.11%) Pharmaceutical
4 4 (11.11%) Social Skills
5 2 (5.56%) Analytical Skills
5 2 (5.56%) Investment Banking
5 2 (5.56%) Marketing
5 2 (5.56%) Retail
6 1 (2.78%) Corporate Banking
6 1 (2.78%) French Language
6 1 (2.78%) Organisational Skills
6 1 (2.78%) Presentation Skills
6 1 (2.78%) Private Banking
6 1 (2.78%) Retail Banking
Libraries, Frameworks & Software Standards
1 2 (5.56%) OAuth
1 2 (5.56%) OpenID
2 1 (2.78%) FIX Protocol
2 1 (2.78%) VML
Miscellaneous
1 29 (80.56%) Product Ownership
2 18 (50.00%) Foreign Exchange (FX)
3 17 (47.22%) Derivative
4 16 (44.44%) Equities
4 16 (44.44%) Fixed Income
4 16 (44.44%) Hedge funds
5 1 (2.78%) Interest Rate Derivative
5 1 (2.78%) Mobile App
5 1 (2.78%) Wiki
Operating Systems
1 2 (5.56%) Apple iOS
Processes & Methodologies
1 29 (80.56%) Agile
2 16 (44.44%) Analytics
2 16 (44.44%) Artificial Intelligence
2 16 (44.44%) Asset Management
2 16 (44.44%) Investment Management
2 16 (44.44%) Machine Learning
2 16 (44.44%) Product Management
3 7 (19.44%) Scrum
4 6 (16.67%) Roadmaps
4 6 (16.67%) User Stories
5 5 (13.89%) Business Analysis
5 5 (13.89%) Requirements Gathering
5 5 (13.89%) Stakeholder Management
6 4 (11.11%) Data Governance
6 4 (11.11%) Lean Six Sigma
6 4 (11.11%) Six Sigma
6 4 (11.11%) Workflow
7 3 (8.33%) Kanban
7 3 (8.33%) Software Delivery
7 3 (8.33%) Use Case
Programming Languages
1 19 (52.78%) Python
2 15 (41.67%) SQL
3 6 (16.67%) Java
3 6 (16.67%) JavaScript
4 4 (11.11%) Groovy
Qualifications
1 2 (5.56%) CSPO
2 1 (2.78%) Computer Science Degree
2 1 (2.78%) Degree
2 1 (2.78%) Master's Degree
Quality Assurance & Compliance
1 4 (11.11%) GDPR
1 4 (11.11%) Good Clinical Practice
1 4 (11.11%) GxP
2 3 (8.33%) QA
Vendors
1 3 (8.33%) Microsoft
2 2 (5.56%) Salesforce
2 2 (5.56%) SAP
3 1 (2.78%) Adobe
3 1 (2.78%) Dell
3 1 (2.78%) Intel
3 1 (2.78%) Murex
3 1 (2.78%) Oracle
3 1 (2.78%) Sitecore
3 1 (2.78%) TSYS