Product Owner Contracts in the West Midlands

Product Owner
England > West Midlands

The median Product Owner daily rate in the West Midlands is £556 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 103 118 151
Rank change year-on-year +15 +33 -27
Contract jobs requiring a Product Owner 13 13 27
As % of all contract jobs advertised in the West Midlands 0.67% 0.58% 0.75%
As % of the Job Titles category 0.73% 0.61% 0.78%
Number of daily rates quoted 12 11 21
10th Percentile £208 £513 £400
25th Percentile £366 £519 £413
Median daily rate (50th Percentile) £556 £600 £525
Median % change year-on-year -7.29% +14.29% +30.43%
75th Percentile £575 - £638
90th Percentile £676 - £713
England median daily rate £600 £600 £550
% change year-on-year - +9.09% +7.00%

All Contract IT Job Vacancies
West Midlands

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the West 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 West Midlands with a recognized job title 1,780 2,124 3,444
% of contract IT jobs with a recognized job title 91.52% 94.44% 96.23%
Number of daily rates quoted 1,206 1,454 2,485
10th Percentile £250 £258 £232
25th Percentile £363 £388 £375
Median daily rate (50th Percentile) £485 £500 £488
Median % change year-on-year -3.00% +2.56% +14.71%
75th Percentile £600 £600 £575
90th Percentile £700 £700 £675
England median daily rate £525 £550 £530
% change year-on-year -4.55% +3.77% +6.00%
Number of hourly rates quoted 142 59 71
10th Percentile £12.14 £12.50 £12.50
25th Percentile £14.88 £14.43 £14.75
Median hourly rate £19.77 £20.00 £17.00
Median % change year-on-year -1.15% +17.65% +13.33%
75th Percentile £40.38 £27.32 £20.00
90th Percentile £56.13 £59.00 £23.75
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 West Midlands

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

Job vacancy trend for Product Owner in the West Midlands

Product Owner
Contractor Daily Rate Trend in the West Midlands

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

Daily rate trend for Product Owner in the West Midlands

Product Owner
Daily Rate Histogram in the West Midlands

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

Daily rate histogram for Product Owner in the West Midlands

Product Owner
Contract Job Locations in the West 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 West 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
Coventry +15 4 £563 - 1
Birmingham +10 4 £675 +12.50% 3
Staffordshire +11 3 £215 -58.45% 1
Warwickshire - 2 £550 - 3
Product Owner
England

Product Owner Skill Set
Top 30 Co-occurring Skills and Capabilities in the West 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 West Midlands region featuring Product Owner in the job title.

1 13 (100.00%) Product Ownership
2 9 (69.23%) Roadmaps
2 9 (69.23%) Agile
3 7 (53.85%) Stakeholder Management
4 6 (46.15%) Product Vision
4 6 (46.15%) Product Backlog
5 5 (38.46%) Backlog Management
5 5 (38.46%) Manufacturing
5 5 (38.46%) User Experience
6 4 (30.77%) Community of Practice
6 4 (30.77%) Public Sector
6 4 (30.77%) Product Requirements
7 3 (23.08%) Backlog Prioritisation
7 3 (23.08%) Requirements Gathering
7 3 (23.08%) Social Skills
7 3 (23.08%) User Stories
7 3 (23.08%) Workflow
8 2 (15.38%) Service Delivery
8 2 (15.38%) Identity Management
8 2 (15.38%) Information Security
8 2 (15.38%) Use Case
8 2 (15.38%) User Acceptance Testing
8 2 (15.38%) Performance Management
8 2 (15.38%) Product Management
8 2 (15.38%) Continuous Improvement
8 2 (15.38%) Identity Access Management
8 2 (15.38%) SuccessFactors
8 2 (15.38%) DevOps
8 2 (15.38%) IoT
8 2 (15.38%) Decision-Making

Product Owner Skill Set
Co-occurring Skills and Capabilities in the West 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 (15.38%) SuccessFactors
2 1 (7.69%) Dynamics 365
General
1 5 (38.46%) Manufacturing
2 4 (30.77%) Public Sector
3 3 (23.08%) Social Skills
4 1 (7.69%) Analytical Skills
4 1 (7.69%) Billing
4 1 (7.69%) Finance
Miscellaneous
1 13 (100.00%) Product Ownership
2 2 (15.38%) IoT
Processes & Methodologies
1 9 (69.23%) Agile
1 9 (69.23%) Roadmaps
2 7 (53.85%) Stakeholder Management
3 6 (46.15%) Product Backlog
3 6 (46.15%) Product Vision
4 5 (38.46%) Backlog Management
4 5 (38.46%) User Experience
5 4 (30.77%) Community of Practice
5 4 (30.77%) Product Requirements
6 3 (23.08%) Backlog Prioritisation
6 3 (23.08%) Requirements Gathering
6 3 (23.08%) User Stories
6 3 (23.08%) Workflow
7 2 (15.38%) Continuous Improvement
7 2 (15.38%) Identity Management
7 2 (15.38%) Performance Management
7 2 (15.38%) Product Management
7 2 (15.38%) Service Delivery
7 2 (15.38%) Use Case
7 2 (15.38%) User Acceptance Testing
Vendors
1 1 (7.69%) Salesforce