The table below looks at the statistics for knowledge and experience of Cadence products and/or services 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 Cadence over the 3 months to 27 November 2014 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.

The figures below represent the IT contractor job market in general and are NOT representative of contractor rates within Cadence Design Systems.

Location
3 months to
27 Nov 2014
Same period 2013 Same period 2012
Cadence
Rank - - -
Contract jobs citing Cadence 0 0 0
As % of all contract IT jobs located in the City of London - - -
As % of the Vendors category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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of your Daily Rate
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- - -
UK excluding London average daily rate £300 - £363
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £47.50 £35.00 £38.50
% change year-on-year
+35.71% -9.09%
Cadence
London

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

Vendors Category
City of London
Contract IT job ads with a match in the
Vendors category
2515 3142 2753
As % of all contract IT jobs located in the City of London 43.56% 45.05% 43.29%
Number of daily rates quoted 1846 2237 1964
Average daily rate £413 £425 £425
Average daily rate % change year-on-year
-2.94% -
90% offered a daily rate of more than £225 £263 £250
10% offered a daily rate of more than £575 £600 £600
UK excluding London average daily rate £360 £350 £350
% change year-on-year
+2.85% -
Number of hourly rates quoted 70 87 75
Average hourly rate £17.87 £18.70 £20.00
Average hourly rate % change year-on-year
-4.46% -6.50%
90% offered a hourly rate of more than £12.00 £11.50 £14.00
10% offered a hourly rate of more than £22.58 £27.50 £42.50
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

Cadence
Jobs Demand Trend in the City of London

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

Cadence Jobs Demand Trend in the City of London

Cadence
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 Cadence across the City of London region.

Cadence Daily Rate Trend in the City of London