Product Ownership Contracts

Product Ownership
UK

The table below looks at the prevalence of the term Product Ownership in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Product Ownership over the 6 months to 18 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
18 May 2024
Same period 2023 Same period 2022
Rank 89 72 60
Rank change year-on-year -17 -12 +9
Contract jobs citing Product Ownership 1,053 1,822 3,505
As % of all contract jobs advertised in the UK 2.47% 3.20% 4.00%
As % of the Miscellaneous category 8.17% 9.62% 12.08%
Number of daily rates quoted 722 1,291 2,382
10th Percentile £400 £415 £413
25th Percentile £463 £493 £475
Median daily rate (50th Percentile) £550 £563 £550
Median % change year-on-year -2.22% +2.27% +10.00%
75th Percentile £650 £650 £644
90th Percentile £738 £738 £719
UK excluding London median daily rate £550 £550 £515
% change year-on-year - +6.80% +14.44%
Number of hourly rates quoted 11 22 32
10th Percentile £51.25 £36.40 £25.00
25th Percentile £57.33 £59.75 £40.00
Median hourly rate £57.44 £70.00 £49.50
Median % change year-on-year -17.94% +41.41% -10.00%
75th Percentile £85.00 £86.24 £63.95
90th Percentile - £89.67 £84.04
UK excluding London median hourly rate £68.72 £85.00 £59.70
% change year-on-year -19.15% +42.38% +48.32%

All Generic Skills
UK

Product Ownership is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 12,884 18,935 29,011
As % of all contract IT jobs advertised in the UK 30.26% 33.25% 33.14%
Number of daily rates quoted 8,299 13,036 20,297
10th Percentile £266 £313 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £540 £550 £550
Median % change year-on-year -1.82% - +10.00%
75th Percentile £663 £680 £660
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +9.20%
Number of hourly rates quoted 896 624 711
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.16 £10.63 £17.00
Median hourly rate £31.38 £22.26 £27.50
Median % change year-on-year +40.98% -19.07% +4.90%
75th Percentile £61.30 £63.00 £50.00
90th Percentile £70.00 £75.00 £65.76
UK excluding London median hourly rate £30.00 £22.00 £21.13
% change year-on-year +36.36% +4.14% -11.29%

Product Ownership
Job Vacancy Trend

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

Job vacancy trend for Product Ownership in the UK

Product Ownership
Contractor Daily Rate Trend

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

Daily rate trend for Product Ownership in the UK

Product Ownership
Daily Rate Histogram

Daily rate distribution for jobs citing Product Ownership over the 6 months to 18 May 2024.

Daily rate histogram for Product Ownership in the UK

Product Ownership
Contractor Hourly Rate Trend

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

Hourly rate trend for Product Ownership in the UK

Product Ownership
Hourly Rate Histogram

Hourly rate distribution of jobs citing Product Ownership over the 6 months to 18 May 2024.

Hourly rate histogram for Product Ownership in the UK

Product Ownership
Top 17 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Product Ownership within the UK over the 6 months to 18 May 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 -24 878 £556 -2.46% 493
London -4 550 £575 -4.17% 196
UK excluding London -36 399 £550 - 356
Work from Home -19 348 £550 -2.22% 266
South East -31 120 £625 +13.64% 102
North of England -14 84 £533 -3.18% 86
Scotland +20 77 £475 -5.00% 25
North West -2 52 £556 -3.26% 42
South West -42 46 £550 - 52
Midlands -7 40 £550 +18.92% 60
West Midlands 0 32 £556 +1.14% 51
Yorkshire -24 26 £525 -2.78% 31
Wales +29 20 £509 +1.70% 14
East of England -29 16 £428 -18.57% 21
North East +21 10 £454 - 14
East Midlands -1 6 £424 -5.83% 9
Isle of Man - 2 - -

Product Ownership
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 51 (4.84%) Confluence
2 15 (1.42%) CMS
3 8 (0.76%) Adobe Experience Manager
4 5 (0.47%) SharePoint
5 4 (0.38%) Oracle Workflow
6 3 (0.28%) Apache
6 3 (0.28%) Microsoft Exchange
7 2 (0.19%) Apache Airflow
7 2 (0.19%) Apache Solr
7 2 (0.19%) nginx
7 2 (0.19%) OpenStack
7 2 (0.19%) WordPress
8 1 (0.095%) Appian
8 1 (0.095%) ArcGIS
8 1 (0.095%) Camunda
8 1 (0.095%) CICS
8 1 (0.095%) Cloud Foundry
8 1 (0.095%) Drupal
8 1 (0.095%) Tornado
Applications
1 34 (3.23%) Microsoft Excel
2 23 (2.18%) Microsoft PowerPoint
3 22 (2.09%) Microsoft Office
4 15 (1.42%) Sketch
5 12 (1.14%) MS Visio
6 10 (0.95%) Trello
7 5 (0.47%) Adobe XD
7 5 (0.47%) Chatbot
7 5 (0.47%) InVision
8 3 (0.28%) Microsoft Project
9 2 (0.19%) Adobe Creative Suite
9 2 (0.19%) Adobe Illustrator
9 2 (0.19%) Photoshop
9 2 (0.19%) Spreadsheet
Business Applications
1 18 (1.71%) Dynamics CRM
2 12 (1.14%) Aladdin
3 11 (1.04%) Salesforce CRM
4 7 (0.66%) SAP S/4HANA
5 4 (0.38%) Loan IQ
5 4 (0.38%) SAP HR
5 4 (0.38%) SAP QM
5 4 (0.38%) Sparx Enterprise Architect
6 3 (0.28%) Endur
6 3 (0.28%) Shopify
7 2 (0.19%) Magento
7 2 (0.19%) Remedy ITSM
7 2 (0.19%) Softmar
7 2 (0.19%) VisionPLUS
8 1 (0.095%) Oracle ERP
8 1 (0.095%) SAP APO
8 1 (0.095%) SAP CO
8 1 (0.095%) SAP FI
8 1 (0.095%) SAP FI/CO
8 1 (0.095%) SAP MM
Cloud Services
1 255 (24.22%) Azure
2 120 (11.40%) Azure DevOps
3 93 (8.83%) AWS
4 53 (5.03%) Entra ID
4 53 (5.03%) Power Platform
5 45 (4.27%) Serverless
6 43 (4.08%) GitHub
7 34 (3.23%) Azure Cosmos DB
7 34 (3.23%) Azure Service Bus
8 30 (2.85%) Azure Monitor
9 28 (2.66%) Azure Data Factory
9 28 (2.66%) SaaS
10 27 (2.56%) Figma
11 26 (2.47%) Azure Functions
11 26 (2.47%) Dynamics 365
12 23 (2.18%) GCP
13 20 (1.90%) PaaS
14 14 (1.33%) Azure AKS
15 13 (1.23%) Microsoft Purview
16 12 (1.14%) GitHub Actions
Communications & Networking
1 25 (2.37%) Firewall
2 15 (1.42%) VPN
3 7 (0.66%) Broadband
4 5 (0.47%) LAN
4 5 (0.47%) WAN
5 4 (0.38%) DMZ
5 4 (0.38%) DNS
5 4 (0.38%) Wireless
6 3 (0.28%) FTP
7 2 (0.19%) AMQP
7 2 (0.19%) DHCP
7 2 (0.19%) HTTP
7 2 (0.19%) Network Security
7 2 (0.19%) Unified Communications
7 2 (0.19%) Wi-Fi
8 1 (0.095%) 3G
8 1 (0.095%) 4G
8 1 (0.095%) 5G
8 1 (0.095%) Intranet
8 1 (0.095%) Software-Defined Networking
Database & Business Intelligence
1 72 (6.84%) SQL Server
2 51 (4.84%) Power BI
3 41 (3.89%) NoSQL
4 25 (2.37%) Data Warehouse
5 23 (2.18%) Relational Database
6 17 (1.61%) Data Lake
7 15 (1.42%) MongoDB
7 15 (1.42%) PostgreSQL
8 13 (1.23%) Azure SQL Database
9 12 (1.14%) MySQL
10 11 (1.04%) Metadata
10 11 (1.04%) Redis
10 11 (1.04%) Snowflake Schema
11 9 (0.85%) Big Data
12 6 (0.57%) DynamoDB
12 6 (0.57%) RDBMS
13 5 (0.47%) Oracle Database
13 5 (0.47%) Tableau
14 4 (0.38%) Amazon RDS
14 4 (0.38%) SAP HANA
Development Applications
1 101 (9.59%) JIRA
2 49 (4.65%) Git
3 33 (3.13%) Jenkins
4 28 (2.66%) Postman
5 27 (2.56%) Selenium
6 19 (1.80%) Cypress.io
7 18 (1.71%) GitLab
8 14 (1.33%) TeamCity
9 13 (1.23%) Bitbucket
10 12 (1.14%) SpecFlow
11 11 (1.04%) JMeter
12 10 (0.95%) JUnit
13 9 (0.85%) Artifactory
13 9 (0.85%) WebDriver
14 8 (0.76%) Visual Studio
15 6 (0.57%) Axure RP
15 6 (0.57%) CircleCI
15 6 (0.57%) Storybook
15 6 (0.57%) Visual Studio Code
16 5 (0.47%) PyCharm
General
1 314 (29.82%) Social Skills
2 248 (23.55%) Finance
3 133 (12.63%) Analytical Skills
4 117 (11.11%) Public Sector
5 94 (8.93%) Banking
6 54 (5.13%) Marketing
7 49 (4.65%) Back Office
8 42 (3.99%) Investment Banking
9 41 (3.89%) Front Office
10 38 (3.61%) Presentation Skills
11 35 (3.32%) Influencing Skills
11 35 (3.32%) Retail
12 31 (2.94%) Telecoms
13 27 (2.56%) Manufacturing
14 23 (2.18%) Pharmaceutical
15 20 (1.90%) Inclusion and Diversity
15 20 (1.90%) Retail Banking
16 16 (1.52%) Billing
17 14 (1.33%) Legal
18 13 (1.23%) Corporate Banking
Job Titles
1 237 (22.51%) Product Owner
2 181 (17.19%) Analyst
3 160 (15.19%) Developer
4 155 (14.72%) Senior
5 139 (13.20%) Business Analyst
6 119 (11.30%) Architect
7 79 (7.50%) Lead
8 63 (5.98%) Product Manager
9 47 (4.46%) Scrum Master
10 46 (4.37%) Senior Developer
11 38 (3.61%) Azure Developer
11 38 (3.61%) Designer
12 37 (3.51%) Solutions Architect
13 33 (3.13%) Finance Business Analyst
13 33 (3.13%) Financial Analyst
13 33 (3.13%) Senior Product Owner
14 31 (2.94%) Full Stack Developer
14 31 (2.94%) Product Analyst
15 30 (2.85%) Product Business Analyst
15 30 (2.85%) Senior Analyst
Libraries, Frameworks & Software Standards
1 93 (8.83%) React
2 89 (8.45%) .NET
3 66 (6.27%) XML
4 50 (4.75%) HTML
5 48 (4.56%) CSS
6 34 (3.23%) Node.js
6 34 (3.23%) REST
7 33 (3.13%) .NET Core
8 27 (2.56%) JSON
9 26 (2.47%) .NET Framework
10 24 (2.28%) AngularJS
11 20 (1.90%) ASP.NET
12 17 (1.61%) RESTful
13 16 (1.52%) Vue
14 14 (1.33%) ADO
14 14 (1.33%) jQuery
14 14 (1.33%) Laravel
15 13 (1.23%) Lightning Web Components
15 13 (1.23%) Web Services
16 10 (0.95%) Playwright
Miscellaneous
1 40 (3.80%) Derivative
2 39 (3.70%) Fixed Income
2 39 (3.70%) Foreign Exchange (FX)
3 34 (3.23%) Hedge funds
4 33 (3.13%) Mobile App
5 32 (3.04%) Equities
6 18 (1.71%) Data Structures
6 18 (1.71%) Management Information System
7 17 (1.61%) Reference Data
8 16 (1.52%) Data Protection Act
8 16 (1.52%) Onboarding
9 15 (1.42%) Public Cloud
9 15 (1.42%) Self-Motivation
10 14 (1.33%) Enterprise Software
11 13 (1.23%) Legacy Applications
12 12 (1.14%) Cloud Native
12 12 (1.14%) Virtual Team
13 11 (1.04%) Greenfield Project
14 9 (0.85%) Reinsurance
15 8 (0.76%) Renewable Energy
Operating Systems
1 44 (4.18%) Android
2 41 (3.89%) Apple iOS
3 37 (3.51%) Linux
4 32 (3.04%) Windows
5 24 (2.28%) Unix
6 15 (1.42%) Windows Server
7 2 (0.19%) Mac OS X
8 1 (0.095%) Windows 10
Processes & Methodologies
1 676 (64.20%) Agile
2 281 (26.69%) Scrum
3 245 (23.27%) DevOps
4 220 (20.89%) Roadmaps
5 186 (17.66%) User Stories
6 184 (17.47%) Problem-Solving
7 162 (15.38%) CI/CD
8 130 (12.35%) Product Backlog
9 118 (11.21%) User Experience
10 117 (11.11%) Continuous Improvement
11 110 (10.45%) Analytics
12 109 (10.35%) Test Automation
13 107 (10.16%) Stakeholder Management
14 92 (8.74%) Acceptance Criteria
15 87 (8.26%) Microservices
16 86 (8.17%) Project Management
17 84 (7.98%) Product Management
17 84 (7.98%) Product Roadmap
18 74 (7.03%) Change Management
19 72 (6.84%) Kanban
Programming Languages
1 133 (12.63%) SQL
2 119 (11.30%) Python
3 86 (8.17%) C#
4 76 (7.22%) Java
5 74 (7.03%) JavaScript
6 54 (5.13%) TypeScript
7 53 (5.03%) PowerShell
8 39 (3.70%) Bicep
9 13 (1.23%) Apex Code
10 11 (1.04%) Kotlin
10 11 (1.04%) PHP
11 10 (0.95%) C
12 8 (0.76%) Go
12 8 (0.76%) Groovy
13 6 (0.57%) C++
13 6 (0.57%) Shell Script
13 6 (0.57%) SOQL
14 3 (0.28%) T-SQL
15 2 (0.19%) ABAP
15 2 (0.19%) PL/SQL
Qualifications
1 104 (9.88%) Security Cleared
2 80 (7.60%) Degree
3 67 (6.36%) SC Cleared
4 32 (3.04%) DV Cleared
5 10 (0.95%) Computer Science Degree
6 9 (0.85%) CSPO
7 8 (0.76%) Master's Degree
8 6 (0.57%) BPSS Clearance
9 5 (0.47%) CISM
9 5 (0.47%) CISSP
10 4 (0.38%) Azure Certification
10 4 (0.38%) CBAP
10 4 (0.38%) MBA
10 4 (0.38%) PMP
10 4 (0.38%) TOGAF Certification
11 3 (0.28%) APMP
11 3 (0.28%) AWS Certification
11 3 (0.28%) Numerate Degree
12 2 (0.19%) CISA
12 2 (0.19%) PMI Certification
Quality Assurance & Compliance
1 111 (10.54%) QA
2 32 (3.04%) Accessibility
3 26 (2.47%) Data Quality
4 19 (1.80%) PCI DSS
5 16 (1.52%) GDPR
6 15 (1.42%) PMO
6 15 (1.42%) WCAG
7 11 (1.04%) NIST
8 9 (0.85%) Disclosure Scotland
9 8 (0.76%) Cyber Essentials
10 7 (0.66%) ISO/IEC 27001
11 5 (0.47%) Good Clinical Practice
11 5 (0.47%) GxP
12 4 (0.38%) ISO 20022
12 4 (0.38%) Software Quality Assurance
13 2 (0.19%) NCSC
13 2 (0.19%) NIST 800
13 2 (0.19%) SLA
14 1 (0.095%) ISO 9001
14 1 (0.095%) Sarbanes-Oxley
System Software
1 70 (6.65%) Active Directory
2 31 (2.94%) Docker
3 2 (0.19%) VMware Infrastructure
3 2 (0.19%) VMware NSX
Systems Management
1 35 (3.32%) Kubernetes
2 27 (2.56%) Terraform
3 25 (2.37%) Ansible
4 11 (1.04%) Single Sign-On
5 7 (0.66%) Puppet
6 2 (0.19%) Grafana
6 2 (0.19%) HP ALM
6 2 (0.19%) OPNET
6 2 (0.19%) PowerCLI
6 2 (0.19%) Prometheus
6 2 (0.19%) Rundeck
7 1 (0.095%) Active Directory Federation Services
7 1 (0.095%) AppManager
7 1 (0.095%) HP Quality Center
7 1 (0.095%) Matomo
7 1 (0.095%) Microsoft Intune
7 1 (0.095%) Rancher
Vendors
1 152 (14.43%) Microsoft
2 54 (5.13%) Salesforce
3 42 (3.99%) SAP
4 25 (2.37%) Google
5 24 (2.28%) Adobe
6 19 (1.80%) Oracle
7 16 (1.52%) Atlassian
8 15 (1.42%) Bloomberg
9 13 (1.23%) Salesforce Marketing Cloud
9 13 (1.23%) ServiceNow
10 12 (1.14%) BISAM
11 10 (0.95%) Splunk
12 7 (0.66%) Apple
12 7 (0.66%) Centrify
12 7 (0.66%) CyberArk
13 6 (0.57%) CA Agile Central
13 6 (0.57%) MuleSoft
14 5 (0.47%) Ariba
14 5 (0.47%) Databricks
15 4 (0.38%) Informatica