The table below looks at the prevalence of the term ASIC in IT contracts advertised for the Edinburgh region. Included is a guide to the average contractor rates offered in IT contracts that have cited ASIC over the 3 months to 19 September 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.

Location
3 months to
19 Sep 2014
Same period 2013 Same period 2012
Application-Specific Integrated Circuit (ASIC)
Rank - - -
Contract jobs citing ASIC 0 0 0
As % of all contract IT jobs located in Edinburgh - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £220 £128 £375
% change year-on-year
+72.54% -66.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £22.50 £38.00
% change year-on-year
- -40.78%
ASIC
Scotland

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

Miscellaneous Category
Edinburgh
Contract IT job ads with a match in the
Miscellaneous category
282 271 252
As % of all contract IT jobs located in Edinburgh 23.40% 24.05% 23.80%
Number of daily rates quoted 160 125 97
Average daily rate £380 £375 £375
Average daily rate % change year-on-year
+1.33% -
90% offered a daily rate of more than £155 £200 £233
10% offered a daily rate of more than £600 £500 £550
UK excluding London average daily rate £350 £350 £345
% change year-on-year
- +1.44%
Number of hourly rates quoted 9 9 12
Average hourly rate £14.39 £17.00 £14.25
Average hourly rate % change year-on-year
-15.38% +19.29%
90% offered a hourly rate of more than £11.10 £12.50 £9.20
10% offered a hourly rate of more than £41.75 £29.15 £40.00
UK excluding London average hourly rate £18.90 £17.50 £26.00
% change year-on-year
+8.00% -32.69%

ASIC
Jobs Demand Trend in Edinburgh

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

ASIC Jobs Demand Trend in Edinburgh

ASIC
Daily Rate Trend in Edinburgh

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

ASIC Daily Rate Trend in Edinburgh