The table below looks at the prevalence of the term ASIC in IT contracts advertised for the West Midlands region. Included is a guide to the contractor rates offered in IT contracts that have cited ASIC over the 3 months to 27 May 2016 with a comparison to the same period over 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.

3 months to
27 May 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 the West Midlands - - -
As % of the Miscellaneous category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £49.75 £40.00
% change year-on-year
- +24.37%
ASIC
England

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

Miscellaneous Category
West Midlands
Contract IT job ads with a match in the
Miscellaneous category
758 695 640
As % of all contract IT jobs located in the West Midlands 26.31% 27.51% 27.61%
Number of daily rates quoted 437 428 299
Median daily rate £375 £350 £320
Median daily rate % change year-on-year
+7.14% +9.37%
90% offered a daily rate of more than £247 £200 £163
10% offered a daily rate of more than £525 £475 £486
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 32 53 60
Median hourly rate £16.10 £22.50 £31.00
Median hourly rate % change year-on-year
-28.43% -27.41%
90% offered a hourly rate of more than £11.00 £11.00 £11.00
10% offered a hourly rate of more than £35.00 £41.75 £37.80
UK excluding London median hourly rate £21.50 £18.00 £20.50
% change year-on-year
+19.44% -12.19%

ASIC
Jobs Demand Trend in the West Midlands

The demand trend of contract jobs across the West Midlands region citing ASIC as a proportion of all IT contracts with a match in the Miscellaneous category.

ASIC Jobs Demand Trend in the West Midlands

ASIC
Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing ASIC across the West Midlands region.

ASIC Daily Rate Trend in the West Midlands

ASIC
Hourly Rate Trend in the West Midlands

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

ASIC Hourly Rate Trend in the West Midlands