The table below looks at the prevalence of the term ASIC in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited ASIC over the 3 months to 5 May 2015 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
5 May 2015
Same period 2014 Same period 2013
Application-Specific Integrated Circuit (ASIC)
Rank 594 579 531
Rank change year-on-year
-15 -48
Contract jobs citing ASIC 15 3 22
As % of all contract IT jobs located in the UK 0.027% 0.005% 0.046%
As % of the Miscellaneous category 0.088% 0.018% 0.15%
Number of daily rates quoted 4 0 2
Average daily rate
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£613 - £363
90% offered a daily rate of more than £527 - £293
10% offered a daily rate of more than £625 - £433
UK excluding London average daily rate - - £363
Number of hourly rates quoted 2 0 8
Average hourly rate £49.75 - £38.75
90% offered a hourly rate of more than £45.55 - £29.50
10% offered a hourly rate of more than £53.95 - £43.60
UK excluding London average hourly rate £49.75 - £38.75

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

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
16952 16963 14865
As % of all contract IT jobs located in the UK 30.32% 31.08% 31.25%
Number of daily rates quoted 10413 10531 8844
Average daily rate £420 £401 £425
Average daily rate % change year-on-year
+4.86% -5.76%
90% offered a daily rate of more than £250 £235 £245
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 649 663 636
Average hourly rate £19.00 £21.78 £23.50
Average hourly rate % change year-on-year
-12.74% -7.34%
90% offered a hourly rate of more than £11.50 £11.91 £12.42
10% offered a hourly rate of more than £45.60 £42.50 £45.00
UK excluding London average hourly rate £19.50 £22.50 £22.50
% change year-on-year
-13.33% -

ASIC
Jobs Demand Trend

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

ASIC Jobs Demand Trend in the UK

ASIC
Daily Rate Trend

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

ASIC Daily Rate Trend in the UK

ASIC
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing ASIC within the UK over the 3 months to 5 May 2015.

ASIC Daily Rate Histogram in the UK

ASIC
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing ASIC within the UK.

ASIC Hourly Rate Trend in the UK

ASIC
Hourly Rate Histogram

This chart provides a histogram of hourly rates quoted in contract IT jobs citing ASIC within the UK over the 3 months to 5 May 2015.

ASIC Hourly Rate Histogram in the UK

ASIC
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing ASIC within the UK over the 3 months to 5 May 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -17 10 £613 - 3
London - 7 £613 - 1
Edinburgh - 2 - -
Scotland - 2 - -
South East -28 1 - - 1
South West - 1 - -
Cambridge - 1 - - 1
Cambridgeshire - 1 - - 1
Gloucestershire - 1 - -
Oxfordshire - 1 - - 1
East of England - 1 - - 1

ASIC
Top 30 Related IT Skills

For the 6 months to 5 May 2015, IT contractor jobs within the UK citing ASIC also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited ASIC.

1 8 (47.06%) EMIR
2 7 (41.18%) Foreign Exchange (FX)
2 7 (41.18%) Verilog
2 7 (41.18%) Equities
3 6 (35.29%) Business Analysis
4 5 (29.41%) C
4 5 (29.41%) Derivative
4 5 (29.41%) VHDL
4 5 (29.41%) Dodd-Frank
5 4 (23.53%) MiFID
5 4 (23.53%) Reference Data
5 4 (23.53%) HP Quality Center
5 4 (23.53%) Field-Programmable Gate Array
5 4 (23.53%) Investment Banking
5 4 (23.53%) Banking
5 4 (23.53%) FpML
5 4 (23.53%) Middleware
5 4 (23.53%) Fixed Income
6 3 (17.65%) Stakeholder Management
6 3 (17.65%) Wireless
6 3 (17.65%) Electronics
6 3 (17.65%) Project Management
6 3 (17.65%) Assembly Language
6 3 (17.65%) C++
6 3 (17.65%) Perl
6 3 (17.65%) Python
6 3 (17.65%) Xilinx
7 2 (11.76%) Digital Signal Processing
7 2 (11.76%) Signal Processing
7 2 (11.76%) Degree

ASIC
Top Related IT Skills by Category

For the 6 months to 5 May 2015, IT contractor jobs within the UK citing ASIC also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited ASIC. Up to 20 skills are shown per category.

Communications & Networking
1 3 (17.65%) Wireless
2 2 (11.76%) Wi-Fi
3 1 (5.88%) DSL
3 1 (5.88%) GSM
3 1 (5.88%) UMTS
3 1 (5.88%) LTE
General
1 4 (23.53%) Investment Banking
1 4 (23.53%) Banking
2 3 (17.65%) Electronics
3 1 (5.88%) Finance
Job Titles
1 7 (41.18%) Analyst
2 6 (35.29%) Business Analyst
3 4 (23.53%) Designer
4 2 (11.76%) Digital Design Engineer
4 2 (11.76%) Technical Business Analyst
4 2 (11.76%) Technical Analyst
4 2 (11.76%) Firmware Engineer
4 2 (11.76%) Design Engineer
5 1 (5.88%) Report Analyst
5 1 (5.88%) Hardware Design Engineer
5 1 (5.88%) Systems Analyst
5 1 (5.88%) Software Engineer
5 1 (5.88%) Project Manager
5 1 (5.88%) Investment Banking Business Analyst
5 1 (5.88%) Verification Engineer
5 1 (5.88%) Digital Hardware Engineer
5 1 (5.88%) Hardware Verification Engineer
5 1 (5.88%) Hardware Engineer
5 1 (5.88%) Embedded Software Engineer
5 1 (5.88%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 4 (23.53%) FpML
1 4 (23.53%) Middleware
2 1 (5.88%) XML Messaging
2 1 (5.88%) XML
Miscellaneous
1 7 (41.18%) Foreign Exchange (FX)
1 7 (41.18%) Verilog
1 7 (41.18%) Equities
2 5 (29.41%) Derivative
2 5 (29.41%) VHDL
3 4 (23.53%) Reference Data
3 4 (23.53%) Field-Programmable Gate Array
3 4 (23.53%) Fixed Income
4 1 (5.88%) Device Driver
4 1 (5.88%) SystemC
4 1 (5.88%) DTCC
4 1 (5.88%) Algorithms
Processes & Methodologies
1 6 (35.29%) Business Analysis
2 3 (17.65%) Stakeholder Management
2 3 (17.65%) Project Management
3 2 (11.76%) Digital Signal Processing
3 2 (11.76%) Signal Processing
4 1 (5.88%) Workflow
4 1 (5.88%) Use Case
4 1 (5.88%) Reverse Engineering
4 1 (5.88%) Test Strategy
4 1 (5.88%) IC Design
4 1 (5.88%) Agile Software Development
4 1 (5.88%) Document Management
4 1 (5.88%) Software Engineering
4 1 (5.88%) Critical Success Factor
Programming Languages
1 5 (29.41%) C
2 3 (17.65%) Assembly Language
2 3 (17.65%) C++
2 3 (17.65%) Perl
2 3 (17.65%) Python
3 1 (5.88%) Tcl
3 1 (5.88%) Embedded C
Qualifications
1 2 (11.76%) Degree
Quality Assurance & Compliance
1 8 (47.06%) EMIR
2 5 (29.41%) Dodd-Frank
3 4 (23.53%) MiFID
4 1 (5.88%) Sarbanes-Oxley
System Software
1 2 (11.76%) Firmware
Systems Management
1 4 (23.53%) HP Quality Center
Vendors
1 3 (17.65%) Xilinx