The table below looks at the prevalence of the term ASIC in IT contracts advertised for the Watford region. Included is a guide to the average contractor rates offered in IT contracts that have cited ASIC over the 3 months to 14 February 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.

Location
3 months to
14 Feb 2016
Same period 2015 Same period 2014
Application-Specific Integrated Circuit (ASIC)
Rank - - -
Contract jobs citing ASIC 0 0 0
As % of all contract IT jobs located in Watford - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Average daily rate - - -
UK excluding London average daily rate £405 - £425
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £40.25 £32.50 £40.00
% change year-on-year
+23.84% -18.75%
ASIC
Hertfordshire

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

Miscellaneous Category
Watford
Contract IT job ads with a match in the
Miscellaneous category
25 53 54
As % of all contract IT jobs located in Watford 27.47% 48.62% 41.86%
Number of daily rates quoted 14 18 8
Average daily rate £413 £375 £360
Average daily rate % change year-on-year
+10.00% +4.16%
90% offered a daily rate of more than £325 £225 £156
10% offered a daily rate of more than £440 £525 £475
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 1 3 2
Average hourly rate £14.50 £12.50 £15.50
Average hourly rate % change year-on-year
+16.00% -19.35%
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -