Application-Specific Integrated Circuit (ASIC)
UK

The table below looks at the prevalence of the term ASIC in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited ASIC over the 6 months to 8 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
8 May 2024
Same period 2023 Same period 2022
Rank 576 690 833
Rank change year-on-year +114 +143 -147
Contract jobs citing ASIC 10 3 16
As % of all contract jobs advertised in the UK 0.023% 0.005% 0.018%
As % of the Miscellaneous category 0.076% 0.016% 0.055%
Number of daily rates quoted 8 1 0
10th Percentile £506 - -
25th Percentile £581 £725 -
Median daily rate (50th Percentile) £625 £750 -
Median % change year-on-year -16.67% - -
75th Percentile £641 £775 -
90th Percentile £685 - -
UK excluding London median daily rate £613 - -
Number of hourly rates quoted 2 2 11
10th Percentile £36.63 £57.71 £50.85
25th Percentile £39.06 £59.13 -
Median hourly rate £46.25 £64.34 £56.00
Median % change year-on-year -28.11% +14.89% +12.00%
75th Percentile £56.56 £67.96 -
90th Percentile £60.88 £68.43 -
UK excluding London median hourly rate £46.25 £64.34 £56.00
% change year-on-year -28.11% +14.89% +12.00%

All Generic Skills
UK

ASIC is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 13,072 19,334 29,126
As % of all contract IT jobs advertised in the UK 30.32% 33.28% 33.11%
Number of daily rates quoted 8,400 13,272 20,329
10th Percentile £268 £310 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £540 £550 £550
Median % change year-on-year -1.82% - +10.00%
75th Percentile £663 £676 £659
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
Number of hourly rates quoted 900 639 713
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £30.58 £22.49 £27.50
Median % change year-on-year +36.00% -18.24% +4.90%
75th Percentile £61.30 £64.50 £50.00
90th Percentile £70.00 £75.10 £65.95
UK excluding London median hourly rate £28.50 £22.00 £20.07
% change year-on-year +29.55% +9.64% -16.40%

ASIC
Job Vacancy Trend

Job postings citing ASIC as a proportion of all IT jobs advertised.

Job vacancy trend for ASIC in the UK

ASIC
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing ASIC.

Daily rate trend for ASIC in the UK

ASIC
Daily Rate Histogram

Daily rate distribution for jobs citing ASIC over the 6 months to 8 May 2024.

Daily rate histogram for ASIC in the UK

ASIC
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing ASIC.

Hourly rate trend for ASIC in the UK

ASIC
Hourly Rate Histogram

Hourly rate distribution of jobs citing ASIC over the 6 months to 8 May 2024.

Hourly rate histogram for ASIC in the UK

ASIC
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing ASIC within the UK over the 6 months to 8 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +97 9 £625 -16.67% 56
UK excluding London +77 8 £613 - 51
East of England +10 6 £625 - 23
London +102 2 £693 -7.63% 7
North of England - 1 £475 - 1
North West - 1 £475 - 1
Scotland - 1 - - 3
Work from Home - 1 £650 - 31

ASIC
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Development Applications
1 4 (40.00%) Git
1 4 (40.00%) JIRA
2 3 (30.00%) Subversion
3 1 (10.00%) LabVIEW
General
1 2 (20.00%) Electronics
2 1 (10.00%) Finance
2 1 (10.00%) Wearables
Job Titles
1 4 (40.00%) Verification Engineer
2 3 (30.00%) Design Engineer
3 2 (20.00%) Analyst
3 2 (20.00%) Business Analyst
4 1 (10.00%) Analogue Design Engineer
4 1 (10.00%) Analogue IC Design Engineer
4 1 (10.00%) Analogue IC Engineer
4 1 (10.00%) Architect
4 1 (10.00%) ASIC Design Engineer
4 1 (10.00%) ASIC Engineer
4 1 (10.00%) Consultant
4 1 (10.00%) Digital Design Engineer
4 1 (10.00%) Electronics Engineer
4 1 (10.00%) Electronics Test Engineer
4 1 (10.00%) IC Design Engineer
4 1 (10.00%) Lead Electronics Engineer
4 1 (10.00%) Product Engineer
4 1 (10.00%) Product Test Engineer
4 1 (10.00%) Regulatory Business Analyst
4 1 (10.00%) Test Engineer
Libraries, Frameworks & Software Standards
1 4 (40.00%) JSON
1 4 (40.00%) YAML
Miscellaneous
1 6 (60.00%) Verilog
2 4 (40.00%) FPGA
3 3 (30.00%) Linux Command Line
4 1 (10.00%) Augmented Reality
4 1 (10.00%) Derivative
4 1 (10.00%) Smartphone
4 1 (10.00%) Virtual Reality
Operating Systems
1 5 (50.00%) Linux
2 4 (40.00%) Unix
Processes & Methodologies
1 4 (40.00%) Problem-Solving
1 4 (40.00%) Validation
2 3 (30.00%) OO
2 3 (30.00%) Project Management
2 3 (30.00%) Software Testing
2 3 (30.00%) UVM
3 1 (10.00%) Asset Management
3 1 (10.00%) Business Strategy
3 1 (10.00%) CI/CD
3 1 (10.00%) Electronic Design Automation
3 1 (10.00%) FPGA Design
3 1 (10.00%) IC Design
3 1 (10.00%) IT Strategy
3 1 (10.00%) Mentoring
3 1 (10.00%) Prototyping
3 1 (10.00%) Regulatory Change
3 1 (10.00%) Technology Strategy
3 1 (10.00%) Test Automation
3 1 (10.00%) Test Scripting
3 1 (10.00%) Yield Management
Programming Languages
1 6 (60.00%) SystemVerilog
2 5 (50.00%) Bash
2 5 (50.00%) Python
2 5 (50.00%) Tcl
3 3 (30.00%) Assembly Language
3 3 (30.00%) C
3 3 (30.00%) C++
3 3 (30.00%) Shell Script
Quality Assurance & Compliance
1 3 (30.00%) EMIR
2 1 (10.00%) Dodd-Frank
2 1 (10.00%) MiFID
System Software
1 1 (10.00%) Embedded Firmware
1 1 (10.00%) Firmware
Vendors
1 4 (40.00%) Cadence
2 3 (30.00%) Synopsys
2 3 (30.00%) Xilinx
3 1 (10.00%) Mentor Graphics