The table below looks at the statistics for knowledge and experience of Cadence products and/or services in IT contracts advertised for the Edinburgh region. Included is a guide to the contractor rates offered in IT contracts that have cited Cadence over the 3 months to 31 May 2016 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.

3 months to
31 May 2016
Same period 2015 Same period 2014
Cadence
Rank - - 86
Contract jobs citing Cadence 0 0 1
As % of all contract IT jobs located in Edinburgh - - 0.080%
As % of the Vendors category - - 0.26%
Number of daily rates quoted 0 0 1
Median daily rate - - £405
UK excluding London median daily rate £358 £450 £405
% change year-on-year
-20.55% +11.11%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £45.00 -
Cadence
Scotland

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

Vendors Category
Edinburgh
Contract IT job ads with a match in the
Vendors category
567 408 380
As % of all contract IT jobs located in Edinburgh 40.85% 29.02% 30.45%
Number of daily rates quoted 290 208 190
Median daily rate £413 £350 £375
Median daily rate % change year-on-year
+17.85% -6.66%
90% offered a daily rate of more than £295 £158 £250
10% offered a daily rate of more than £525 £455 £500
UK excluding London median daily rate £380 £370 £350
% change year-on-year
+2.70% +5.71%
Number of hourly rates quoted 3 6 12
Median hourly rate £47.50 £40.00 £21.00
Median hourly rate % change year-on-year
+18.75% +90.47%
90% offered a hourly rate of more than £19.10 £26.00 £18.00
10% offered a hourly rate of more than £49.50 £48.75 £32.00
UK excluding London median hourly rate £20.00 £18.00 £17.00
% change year-on-year
+11.11% +5.88%

Cadence
Jobs Demand Trend in Edinburgh

The demand trend of contract jobs across the Edinburgh region citing Cadence as a proportion of all IT contracts with a match in the Vendors category.

Cadence Jobs Demand Trend in Edinburgh

Cadence
Hourly Rate Trend in Edinburgh

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Cadence across the Edinburgh region.

Cadence Hourly Rate Trend in Edinburgh