The table below looks at the prevalence of the term ASIC in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited ASIC over the 3 months to 28 August 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
28 Aug 2015
Same period 2014 Same period 2013
Application-Specific Integrated Circuit (ASIC)
Rank 197 - -
Rank change year-on-year
- 0
Contract jobs citing ASIC 1 0 0
As % of all contract IT jobs located in the City of London 0.019% - -
As % of the Miscellaneous category 0.049% - -
Number of daily rates quoted 1 0 0
Average daily rate
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£388 - -
UK excluding London average daily rate - - £128
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £40.00 £22.50
% change year-on-year
- +77.77%
ASIC
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2046 2102 2798
As % of all contract IT jobs located in the City of London 38.07% 36.15% 38.63%
Number of daily rates quoted 1613 1478 2063
Average daily rate £475 £475 £500
Average daily rate % change year-on-year
- -5.00%
90% offered a daily rate of more than £298 £300 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 38 45 64
Average hourly rate £21.00 £19.00 £19.50
Average hourly rate % change year-on-year
+10.52% -2.56%
90% offered a hourly rate of more than £12.85 £12.50 £14.50
10% offered a hourly rate of more than £39.05 £36.50 £48.00
UK excluding London average hourly rate £21.53 £20.00 £17.50
% change year-on-year
+7.62% +14.28%

ASIC
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing ASIC across the City of London region as a proportion of the total demand within the Miscellaneous category.

ASIC Jobs Demand Trend in the City of London

ASIC
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing ASIC across the City of London region.

ASIC Daily Rate Trend in the City of London

ASIC
Top 6 Related IT Skills in the City of London

For the 6 months to 28 August 2015, IT contractor jobs across the City of London region citing ASIC also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited ASIC.

1 1 (100.00%) Change Management
1 1 (100.00%) Front Office
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
1 1 (100.00%) EMIR
1 1 (100.00%) Dodd-Frank

ASIC
Top Related IT Skills in the City of London by Category

For the 6 months to 28 August 2015, IT contractor jobs across the City of London region citing ASIC also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited ASIC. Up to 20 skills are shown per category.

General
1 1 (100.00%) Front Office
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
Job Titles
1 1 (100.00%) Project Manager
Processes & Methodologies
1 1 (100.00%) Change Management
Quality Assurance & Compliance
1 1 (100.00%) EMIR
1 1 (100.00%) Dodd-Frank