The table below provides summary statistics for contract job vacancies advertised in the City of London with 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 13 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 13 May 2024 |
Same period 2023 |
Same period 2022 |
Rank |
120 |
166 |
186 |
Rank change year-on-year |
+46 |
+20 |
-34 |
Contract jobs citing Cadence |
7 |
7 |
4 |
As % of all contract jobs advertised in the City of London |
0.32% |
0.20% |
0.094% |
As % of the Vendors category |
0.75% |
0.50% |
0.25% |
Number of daily rates quoted |
0 |
5 |
1 |
10th Percentile |
- |
£513 |
- |
25th Percentile |
- |
£538 |
£525 |
Median daily rate (50th Percentile) |
- |
£600 |
£550 |
Median % change year-on-year |
- |
+9.09% |
+16.40% |
75th Percentile |
- |
£725 |
£575 |
90th Percentile |
- |
£770 |
- |
Central London median daily rate |
- |
£600 |
£550 |
% change year-on-year |
- |
+9.09% |
+16.40% |
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 requirement for knowledge or experience of vendor products and services advertised in the City of London.
Contract vacancies with a requirement for knowledge or experience of vendor products and services |
933 |
1,400 |
1,577 |
As % of all contract IT jobs advertised in the City of London |
43.19% |
39.20% |
37.03% |
Number of daily rates quoted |
686 |
921 |
1,200 |
10th Percentile |
£323 |
£263 |
£313 |
25th Percentile |
£450 |
£450 |
£463 |
Median daily rate (50th Percentile) |
£563 |
£573 |
£550 |
Median % change year-on-year |
-1.75% |
+4.09% |
+4.76% |
75th Percentile |
£688 |
£700 |
£663 |
90th Percentile |
£791 |
£800 |
£738 |
Central London median daily rate |
£550 |
£550 |
£550 |
% change year-on-year |
- |
- |
+4.76% |
Number of hourly rates quoted |
6 |
6 |
23 |
10th Percentile |
£12.75 |
£18.42 |
- |
25th Percentile |
£13.56 |
£20.42 |
£13.88 |
Median hourly rate |
£19.75 |
£21.00 |
£21.00 |
Median % change year-on-year |
-5.95% |
- |
+51.35% |
75th Percentile |
£23.75 |
£44.86 |
£44.63 |
90th Percentile |
£25.38 |
£53.25 |
£60.35 |
Central London median hourly rate |
£19.75 |
£21.00 |
£23.67 |
% change year-on-year |
-5.95% |
-11.28% |
+68.17% |