The table below looks at the statistics for knowledge and experience of Cadence products and/or services in IT contracts advertised for the North West region. Included is a guide to the average contractor rates offered in IT contracts that have cited Cadence over the 3 months to 29 April 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
29 Apr 2016
Same period 2015 Same period 2014
Cadence
Rank - - -
Contract jobs citing Cadence 0 0 0
As % of all contract IT jobs located in the North West - - -
As % of the Vendors category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £405 £375 £428
% change year-on-year
+8.00% -12.28%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £50.00 £31.50
% change year-on-year
- +58.73%
Cadence
England

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

Vendors Category
North West
Contract IT job ads with a match in the
Vendors category
1802 1769 1337
As % of all contract IT jobs located in the North West 44.81% 45.57% 43.27%
Number of daily rates quoted 1019 839 635
Average daily rate £400 £400 £325
Average daily rate % change year-on-year
- +23.07%
90% offered a daily rate of more than £252 £230 £198
10% offered a daily rate of more than £538 £650 £465
UK excluding London average daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 86 110 111
Average hourly rate £18.00 £17.50 £25.00
Average hourly rate % change year-on-year
+2.85% -30.00%
90% offered a hourly rate of more than £12.25 £11.50 £12.50
10% offered a hourly rate of more than £47.17 £49.50 £45.00
UK excluding London average hourly rate £20.00 £18.00 £17.50
% change year-on-year
+11.11% +2.85%

Cadence
Jobs Demand Trend in the North West

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

Cadence Jobs Demand Trend in the North West