Application-Specific Integrated Circuit (ASIC)
UK

The table below looks at the prevalence of the term ASIC in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited ASIC over the 6 months to 28 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
28 Apr 2024
Same period 2023 Same period 2022
Rank 585 710 839
Rank change year-on-year +125 +129 -167
Contract jobs citing ASIC 9 6 16
As % of all contract jobs advertised in the UK 0.021% 0.010% 0.018%
As % of the Miscellaneous category 0.068% 0.030% 0.055%
Number of daily rates quoted 6 1 0
10th Percentile £531 - -
25th Percentile £603 £725 -
Median daily rate (50th Percentile) £625 £750 -
Median % change year-on-year -16.67% - -
75th Percentile £647 £775 -
90th Percentile £650 - -
UK excluding London median daily rate £613 - -
Number of hourly rates quoted 3 4 11
10th Percentile - £59.61 £50.85
25th Percentile - £63.88 -
Median hourly rate £35.00 £68.75 £56.00
Median % change year-on-year -49.09% +22.77% +12.00%
75th Percentile £48.75 £70.00 -
90th Percentile £57.00 - -
UK excluding London median hourly rate £35.00 £68.75 £56.00
% change year-on-year -49.09% +22.77% +12.00%

All Generic Skills
UK

ASIC is in the General and Transferable Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 13,143 19,876 29,286
As % of all contract IT jobs advertised in the UK 30.34% 33.30% 32.99%
Number of daily rates quoted 8,425 13,672 20,442
10th Percentile £263 £308 £313
25th Percentile £413 £450 £431
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.27% - +10.00%
75th Percentile £656 £680 £655
90th Percentile £788 £800 £756
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
Number of hourly rates quoted 905 640 723
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £29.00 £22.49 £27.50
Median % change year-on-year +28.97% -18.24% +3.19%
75th Percentile £60.39 £65.00 £50.00
90th Percentile £70.00 £75.00 £66.00
UK excluding London median hourly rate £27.50 £22.00 £20.00
% change year-on-year +25.00% +10.00% -16.67%

ASIC
Job Vacancy Trend

Job postings citing ASIC as a proportion of all IT jobs advertised.

Job vacancy trend for ASIC in the UK

ASIC
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing ASIC.

Daily rate trend for ASIC in the UK

ASIC
Daily Rate Histogram

Daily rate distribution for jobs citing ASIC over the 6 months to 28 April 2024.

Daily rate histogram for ASIC in the UK

ASIC
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing ASIC.

Hourly rate trend for ASIC in the UK

ASIC
Hourly Rate Histogram

Hourly rate distribution of jobs citing ASIC over the 6 months to 28 April 2024.

Hourly rate histogram for ASIC in the UK

ASIC
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing ASIC within the UK over the 6 months to 28 April 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
England +118 7 £625 -16.67% 58
UK excluding London +67 7 £613 - 52
East of England +10 4 £625 - 19
Work from Home +128 3 £650 - 34
London +108 2 £650 -13.33% 9
Scotland - 2 - - 4
North West - 1 £475 -
North of England - 1 £475 -

ASIC
Co-occurring Skills and Capabilities 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:

Development Applications
1 3 (33.33%) JIRA
2 2 (22.22%) Git
2 2 (22.22%) LabVIEW
2 2 (22.22%) Subversion
General
1 2 (22.22%) Electronics
Job Titles
1 2 (22.22%) Business Analyst
1 2 (22.22%) Electronics Engineer
1 2 (22.22%) Electronics Test Engineer
1 2 (22.22%) Lead
1 2 (22.22%) Lead Electronics Engineer
1 2 (22.22%) Lead Test Engineer
1 2 (22.22%) Product Engineer
1 2 (22.22%) Product Test Engineer
1 2 (22.22%) Test Engineer
1 2 (22.22%) Verification Engineer
2 1 (11.11%) Analyst
2 1 (11.11%) ASIC Design Engineer
2 1 (11.11%) ASIC Engineer
2 1 (11.11%) Consultant
2 1 (11.11%) Design Engineer
2 1 (11.11%) Digital Design Engineer
Libraries, Frameworks & Software Standards
1 2 (22.22%) JSON
1 2 (22.22%) YAML
Miscellaneous
1 4 (44.44%) Verilog
2 3 (33.33%) FPGA
3 2 (22.22%) Linux Command Line
4 1 (11.11%) Derivative
Operating Systems
1 2 (22.22%) Linux
1 2 (22.22%) Unix
Processes & Methodologies
1 2 (22.22%) OO
1 2 (22.22%) Problem-Solving
1 2 (22.22%) Project Management
1 2 (22.22%) Software Testing
1 2 (22.22%) UVM
1 2 (22.22%) Validation
1 2 (22.22%) Yield Management
2 1 (11.11%) Regulatory Change
2 1 (11.11%) System Testing
2 1 (11.11%) Test Scripting
Programming Languages
1 4 (44.44%) SystemVerilog
2 3 (33.33%) C
3 2 (22.22%) Assembly Language
3 2 (22.22%) Bash
3 2 (22.22%) C++
3 2 (22.22%) Python
3 2 (22.22%) Shell Script
3 2 (22.22%) Tcl
4 1 (11.11%) Embedded C
4 1 (11.11%) SQL
Quality Assurance & Compliance
1 3 (33.33%) EMIR
2 2 (22.22%) Dodd-Frank
Vendors
1 2 (22.22%) Cadence
1 2 (22.22%) Synopsys
1 2 (22.22%) Xilinx