Cadence Contracts with Work from Home Options

Cadence
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and a requirement for knowledge and experience of Cadence products and/or services. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Cadence over the 6 months to 6 May 2024 with a comparison to the same period in the previous 2 years.

The figures below represent the IT contractor job market in general and are not representative of contractor rates within Cadence Design Systems.

6 months to
6 May 2024
Same period 2023 Same period 2022
Rank 327 438 542
Rank change year-on-year +111 +104 -70
Contract jobs citing Cadence 17 36 77
As % of all contract jobs with a WFH option 0.11% 0.14% 0.17%
As % of the Vendors category 0.26% 0.33% 0.44%
Number of daily rates quoted 7 30 51
10th Percentile £428 £511 £350
25th Percentile £444 £550 £433
Median daily rate (50th Percentile) £450 £600 £525
Median % change year-on-year -25.00% +14.29% +6.33%
75th Percentile £514 £638 £581
90th Percentile £634 £643 £700
UK median daily rate £563 £560 £525
% change year-on-year +0.45% +6.67% +5.00%
Number of hourly rates quoted 3 0 3
10th Percentile - - £47.40
25th Percentile £20.17 - £54.38
Median hourly rate £20.33 - £66.00
75th Percentile £37.12 - -
90th Percentile £47.10 - -
UK median hourly rate £47.50 - £39.25

All Vendors
Work from Home

Cadence is in the Vendor Products and Services category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a WFH option and a requirement for knowledge or experience of vendor products and services.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 6,454 10,996 17,428
As % of all contract jobs with a WFH option 42.39% 43.06% 39.10%
Number of daily rates quoted 4,018 7,389 11,881
10th Percentile £325 £330 £345
25th Percentile £425 £425 £425
Median daily rate (50th Percentile) £525 £525 £525
Median % change year-on-year - - +10.53%
75th Percentile £625 £650 £625
90th Percentile £725 £750 £713
UK median daily rate £515 £525 £525
% change year-on-year -1.89% - +10.53%
Number of hourly rates quoted 222 259 255
10th Percentile £13.99 £17.50 £13.13
25th Percentile £16.78 £31.09 £18.75
Median hourly rate £30.56 £54.00 £35.00
Median % change year-on-year -43.41% +54.29% +11.11%
75th Percentile £57.50 £68.75 £52.57
90th Percentile £70.00 £80.25 £66.45
UK median hourly rate £22.15 £42.50 £21.40
% change year-on-year -47.88% +98.60% -2.73%

Cadence
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing Cadence as a proportion of all IT jobs advertised.

Cadence trend for jobs with a WFH option

Cadence
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing Cadence.

Cadence daily rate for jobs with a WFH option

Cadence
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Cadence over the 6 months to 6 May 2024.

Cadence daily rate histogram for jobs with a WFH option

Cadence
Hourly Rate Trend for Jobs with a WFH Option

3-month moving average hourly rate quoted in job vacancies with a work from home option citing Cadence.

Cadence hourly rate for jobs with a WFH option

Cadence
Hourly Rate Histogram for Jobs with a WFH Option

Hourly rate distribution for jobs with a work from home option citing Cadence over the 6 months to 6 May 2024.

Cadence hourly rate histogram for jobs with a WFH option

Cadence
Co-occurring Skills and Capabilities with WFH Options 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:

Application Platforms
1 2 (11.76%) Confluence
Applications
1 1 (5.88%) Trello
Business Applications
1 3 (17.65%) SAP S/4HANA
2 1 (5.88%) SAP ERP
Cloud Services
1 3 (17.65%) Microsoft 365
2 2 (11.76%) SaaS
3 1 (5.88%) AWS
3 1 (5.88%) Azure
3 1 (5.88%) GCP
3 1 (5.88%) GitHub
3 1 (5.88%) Google Workspace
3 1 (5.88%) Microsoft Purview
3 1 (5.88%) Smartsheet
Communications & Networking
1 1 (5.88%) DNS
1 1 (5.88%) Firewall
1 1 (5.88%) HTTP
1 1 (5.88%) Internet
1 1 (5.88%) Intrusion Detection
1 1 (5.88%) SSL
1 1 (5.88%) VPN
Development Applications
1 3 (17.65%) JIRA
2 1 (5.88%) Jenkins
2 1 (5.88%) Postman
General
1 8 (47.06%) Social Skills
2 5 (29.41%) Finance
2 5 (29.41%) Public Sector
3 3 (17.65%) Analytical Skills
3 3 (17.65%) Influencing Skills
4 2 (11.76%) Retail
4 2 (11.76%) Telecoms
5 1 (5.88%) Banking
5 1 (5.88%) Investment Banking
5 1 (5.88%) Pharmaceutical
5 1 (5.88%) Presentation Skills
Job Titles
1 7 (41.18%) Analyst
1 7 (41.18%) Business Analyst
2 3 (17.65%) Project Manager
3 2 (11.76%) Administrator
3 2 (11.76%) Finance Business Analyst
3 2 (11.76%) Financial Analyst
3 2 (11.76%) SAP Analyst
3 2 (11.76%) SAP Business Analyst
3 2 (11.76%) SAP Financial Analyst
3 2 (11.76%) SAP Financial Business Analyst
4 1 (5.88%) Analytics Manager
4 1 (5.88%) Automation Engineer
4 1 (5.88%) Compliance Project Manager
4 1 (5.88%) DevOps Automation Engineer
4 1 (5.88%) DevOps Engineer
4 1 (5.88%) Governance Manager
4 1 (5.88%) Senior Automation Engineer
4 1 (5.88%) Senior DevOps
4 1 (5.88%) Senior DevOps Engineer
4 1 (5.88%) Supply Chain Project Manager
Miscellaneous
1 2 (11.76%) Self-Motivation
2 1 (5.88%) Data Structures
2 1 (5.88%) Legacy Systems
2 1 (5.88%) Life Science
2 1 (5.88%) Management Information System
2 1 (5.88%) Onboarding
2 1 (5.88%) Operational Technology
Operating Systems
1 1 (5.88%) Linux
1 1 (5.88%) Windows
Processes & Methodologies
1 11 (64.71%) Agile
2 7 (41.18%) Business Analysis
3 6 (35.29%) Roadmaps
3 6 (35.29%) User Experience
4 5 (29.41%) Scrum
5 4 (23.53%) Coaching
5 4 (23.53%) Epics
5 4 (23.53%) Impact Assessments
5 4 (23.53%) Service Design
5 4 (23.53%) Story Mapping
5 4 (23.53%) User Research
5 4 (23.53%) User Stories
5 4 (23.53%) UX Research
5 4 (23.53%) Value Proposition
6 3 (17.65%) Change Management
6 3 (17.65%) Data Analysis
6 3 (17.65%) Project Management
6 3 (17.65%) Stakeholder Identification
7 2 (11.76%) ERP
7 2 (11.76%) Risk Management
Programming Languages
1 2 (11.76%) SQL
2 1 (5.88%) Bash
2 1 (5.88%) JavaScript
2 1 (5.88%) Python
Qualifications
1 3 (17.65%) Degree
2 1 (5.88%) Computer Science Degree
2 1 (5.88%) SC Cleared
2 1 (5.88%) Security Cleared
Quality Assurance & Compliance
1 1 (5.88%) Disclosure Scotland
1 1 (5.88%) GRC
1 1 (5.88%) GxP
1 1 (5.88%) NCSC
1 1 (5.88%) NIST
1 1 (5.88%) PMO
1 1 (5.88%) QA
Systems Management
1 1 (5.88%) Ansible
Vendors
1 2 (11.76%) SAP
2 1 (5.88%) Google
2 1 (5.88%) Microsoft
2 1 (5.88%) Oracle
2 1 (5.88%) Planview