Product Owner Contracts in London

Product Owner
England > London

The median Product Owner daily rate in London is £600 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 241 326 300
Rank change year-on-year +85 -26 +45
Contract jobs requiring a Product Owner 153 170 335
As % of all contract jobs advertised in London 0.87% 0.66% 0.86%
As % of the Job Titles category 0.93% 0.70% 0.91%
Number of daily rates quoted 114 139 264
10th Percentile £425 £467 £450
25th Percentile £525 £530 £503
Median daily rate (50th Percentile) £600 £600 £575
Median % change year-on-year - +4.35% +9.52%
75th Percentile £700 £650 £688
90th Percentile £788 £739 £725
England median daily rate £600 £600 £550
% change year-on-year - +9.09% +7.00%

All Contract IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in London. 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 London with a recognized job title 16,399 24,342 36,962
% of contract IT jobs with a recognized job title 93.57% 95.15% 95.32%
Number of daily rates quoted 11,837 17,773 27,187
10th Percentile £325 £363 £375
25th Percentile £440 £463 £473
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +9.52%
75th Percentile £675 £700 £688
90th Percentile £800 £800 £775
England median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +6.00%
Number of hourly rates quoted 327 278 414
10th Percentile £16.00 £17.83 £16.25
25th Percentile £20.22 £22.53 £23.24
Median hourly rate £27.81 £36.00 £35.00
Median % change year-on-year -22.75% +2.86% +7.69%
75th Percentile £47.18 £63.75 £49.25
90th Percentile £67.40 £82.33 £67.50
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 London

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

Job vacancy trend for Product Owner in London

Product Owner
Contractor Daily Rate Trend in London

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

Daily rate trend for Product Owner in London

Product Owner
Daily Rate Histogram in London

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

Daily rate histogram for Product Owner in London

Product Owner
Contractor Hourly Rate Trend in London

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

Hourly rate trend for Product Owner in London

Product Owner
Contract Job Locations in London

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 London 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
Central London +49 28 £588 -16.07% 1
West London +14 2 £563 -6.25% 1
East London -4 2 £549 -2.44%
Product Owner
England

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

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 London region featuring Product Owner in the job title.

1 150 (98.04%) Product Ownership
2 101 (66.01%) Agile
3 51 (33.33%) Finance
4 48 (31.37%) Roadmaps
5 44 (28.76%) User Stories
6 39 (25.49%) Scrum
7 37 (24.18%) Product Backlog
7 37 (24.18%) Social Skills
8 34 (22.22%) Azure
9 32 (20.92%) Backlog Prioritisation
10 31 (20.26%) Stakeholder Management
10 31 (20.26%) Analytics
11 26 (16.99%) Product Management
12 25 (16.34%) DevOps
13 24 (15.69%) Acceptance Criteria
13 24 (15.69%) Artificial Intelligence
13 24 (15.69%) Requirements Gathering
14 23 (15.03%) Python
15 22 (14.38%) Machine Learning
15 22 (14.38%) Product Strategy
16 21 (13.73%) Translating Business Requirements
17 19 (12.42%) Back Office
17 19 (12.42%) Asset Management
17 19 (12.42%) Backlog Management
18 18 (11.76%) Front Office
18 18 (11.76%) SQL
18 18 (11.76%) Problem-Solving
19 17 (11.11%) Foreign Exchange (FX)
19 17 (11.11%) Derivative
20 16 (10.46%) AWS

Product Owner Skill Set
Co-occurring Skills and Capabilities in London 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 13 (8.50%) Confluence
2 5 (3.27%) Adobe Experience Manager
3 2 (1.31%) CMS
3 2 (1.31%) OpenStack
4 1 (0.65%) SharePoint
Applications
1 4 (2.61%) Chatbot
Business Applications
1 3 (1.96%) Dynamics CRM
1 3 (1.96%) Fidessa
2 1 (0.65%) Distributed Ledger
2 1 (0.65%) SAP S/4HANA
2 1 (0.65%) Shopify
Cloud Services
1 34 (22.22%) Azure
2 16 (10.46%) AWS
3 12 (7.84%) Azure DevOps
3 12 (7.84%) Azure Service Bus
4 7 (4.58%) PaaS
4 7 (4.58%) SaaS
5 3 (1.96%) Asana
5 3 (1.96%) Power Platform
5 3 (1.96%) Serverless
6 2 (1.31%) Dynamics 365
7 1 (0.65%) Azure Functions
7 1 (0.65%) Azure Stack
7 1 (0.65%) BigCommerce
7 1 (0.65%) Bloomreach
7 1 (0.65%) Datadog
7 1 (0.65%) Figma
7 1 (0.65%) GCP
7 1 (0.65%) Salesforce Commerce Cloud
7 1 (0.65%) SAP Fieldglass
Communications & Networking
1 7 (4.58%) Firewall
2 2 (1.31%) DHCP
2 2 (1.31%) DNS
2 2 (1.31%) Wi-Fi
3 1 (0.65%) Broadband
Database & Business Intelligence
1 5 (3.27%) Data Warehouse
2 4 (2.61%) Big Data
3 3 (1.96%) GIS
3 3 (1.96%) Power BI
4 2 (1.31%) NoSQL
5 1 (0.65%) BigQuery
5 1 (0.65%) Data Lake
5 1 (0.65%) Looker
5 1 (0.65%) SQL Server Reporting Services
Development Applications
1 7 (4.58%) JIRA
2 6 (3.92%) Artifactory
2 6 (3.92%) Jenkins
2 6 (3.92%) TeamCity
3 5 (3.27%) Bitbucket
3 5 (3.27%) Git
4 4 (2.61%) Team Foundation Server
General
1 51 (33.33%) Finance
2 37 (24.18%) Social Skills
3 19 (12.42%) Back Office
4 18 (11.76%) Front Office
5 14 (9.15%) Banking
6 12 (7.84%) Inclusion and Diversity
7 11 (7.19%) Retail
8 9 (5.88%) Presentation Skills
8 9 (5.88%) Public Sector
9 8 (5.23%) Retail Banking
10 7 (4.58%) Analytical Skills
10 7 (4.58%) Investment Banking
11 6 (3.92%) Corporate Banking
12 5 (3.27%) Influencing Skills
12 5 (3.27%) Marketing
13 3 (1.96%) Telecoms
14 1 (0.65%) Automotive
14 1 (0.65%) Law
14 1 (0.65%) Legal
14 1 (0.65%) Private Banking
Libraries, Frameworks & Software Standards
1 3 (1.96%) React Native
2 2 (1.31%) .NET
2 2 (1.31%) LDAP
2 2 (1.31%) Node.js
3 1 (0.65%) ASP.NET
3 1 (0.65%) HTML
3 1 (0.65%) VML
3 1 (0.65%) Web Services
Miscellaneous
1 150 (98.04%) Product Ownership
2 17 (11.11%) Derivative
2 17 (11.11%) Foreign Exchange (FX)
3 16 (10.46%) Equities
3 16 (10.46%) Fixed Income
3 16 (10.46%) Hedge funds
4 5 (3.27%) Onboarding
5 4 (2.61%) Management Information System
6 3 (1.96%) Algorithms
6 3 (1.96%) Data Protection Act
6 3 (1.96%) Freedom of Information
6 3 (1.96%) Freedom of Information Act
6 3 (1.96%) Mobile App
6 3 (1.96%) Reinsurance
7 2 (1.31%) Client/Server
7 2 (1.31%) Clustering
7 2 (1.31%) Data Centre
7 2 (1.31%) Data Structures
7 2 (1.31%) Greenfield Project
8 1 (0.65%) IVR
Operating Systems
1 10 (6.54%) Apple iOS
2 8 (5.23%) Android
3 7 (4.58%) Linux
4 6 (3.92%) Windows
5 5 (3.27%) Unix
6 1 (0.65%) Windows Server
Processes & Methodologies
1 101 (66.01%) Agile
2 48 (31.37%) Roadmaps
3 44 (28.76%) User Stories
4 39 (25.49%) Scrum
5 37 (24.18%) Product Backlog
6 32 (20.92%) Backlog Prioritisation
7 31 (20.26%) Analytics
7 31 (20.26%) Stakeholder Management
8 26 (16.99%) Product Management
9 25 (16.34%) DevOps
10 24 (15.69%) Acceptance Criteria
10 24 (15.69%) Artificial Intelligence
10 24 (15.69%) Requirements Gathering
11 22 (14.38%) Machine Learning
11 22 (14.38%) Product Strategy
12 21 (13.73%) Translating Business Requirements
13 19 (12.42%) Asset Management
13 19 (12.42%) Backlog Management
14 18 (11.76%) Problem-Solving
15 16 (10.46%) Workshop Facilitation
Programming Languages
1 23 (15.03%) Python
2 18 (11.76%) SQL
3 2 (1.31%) C
3 2 (1.31%) Go
4 1 (0.65%) C#
4 1 (0.65%) VBA
Qualifications
1 9 (5.88%) Degree
2 3 (1.96%) Security Cleared
3 1 (0.65%) CSPO
3 1 (0.65%) SC Cleared
Quality Assurance & Compliance
1 13 (8.50%) PCI DSS
2 3 (1.96%) QA
3 1 (0.65%) Data Quality
3 1 (0.65%) SLA
System Software
1 4 (2.61%) Active Directory
2 2 (1.31%) Docker
Systems Management
1 7 (4.58%) Ansible
1 7 (4.58%) Kubernetes
2 5 (3.27%) Terraform
3 1 (0.65%) Rundeck
Vendors
1 8 (5.23%) Microsoft
2 7 (4.58%) Adobe
3 3 (1.96%) Informatica
4 2 (1.31%) Salesforce
4 2 (1.31%) SAP
4 2 (1.31%) ServiceNow
5 1 (0.65%) Ariba
5 1 (0.65%) BigPanda
5 1 (0.65%) Concur
5 1 (0.65%) Dell
5 1 (0.65%) Google
5 1 (0.65%) Intel
5 1 (0.65%) Salesforce Marketing Cloud
5 1 (0.65%) Sitecore