The table below provides summary statistics for contract job vacancies 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 3 months to 29 March 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

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

Cadence
UK
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank 595 640 613
Rank change year-on-year +45 -27  
Contract jobs citing Cadence 10 8 12
As % of all contract IT jobs advertised in the UK 0.022% 0.015% 0.022%
As % of the Vendors category 0.050% 0.034% 0.050%
Number of daily rates quoted 5 4 6
Median daily rate £450 £455 £284
Median daily rate % change year-on-year -1.09% +60.07%  
90% offered a daily rate of more than £234 £407 £171
10% offered a daily rate of more than £720 £553 £413
UK excluding London median daily rate £368 £405 £375
% change year-on-year -9.25% +8.00%  
Number of hourly rates quoted 0 0 3
Median hourly rate - - £45.00
UK excluding London median hourly rate - - £50.00

Cadence is in the vendor products and services category. The following table is for comparison with the above and provides summary statistics for all vendor product and service related skills in contract job vacancies.

Contract Vendor Product & Service Skills
UK
Contract job vacancies with a requirement for skills associated with vendor products and/or services 19933 23550 24158
As % of all contract IT job vacancies advertised in the UK 44.07% 43.75% 45.20%
Number of daily rates quoted 12320 14319 13673
Median daily rate £425 £400 £400
Median daily rate % change year-on-year +6.25% -  
90% offered a daily rate of more than £250 £250 £230
10% offered a daily rate of more than £575 £553 £550
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 711 809 1029
Median hourly rate £17.50 £19.50 £17.50
Median hourly rate % change year-on-year -10.23% +11.40%  
90% offered a hourly rate of more than £11.00 £10.73 £11.50
10% offered a hourly rate of more than £47.00 £50.00 £42.50
UK excluding London median hourly rate £16.25 £19.00 £17.00
% change year-on-year -14.47% +11.76%  

Cadence
Job Vacancy Trend

The job posting trend of jobs advertised citing Cadence as a proportion of all contract or permanent IT jobs with a match in the Vendors category.

Job vacancy trend for Cadence in the UK

Cadence
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Cadence.

Contractor daily rate trend for Cadence in the UK

Cadence
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Cadence over the 3 months to 29 March 2017.

Contractor daily rate histogram for Cadence in the UK

Cadence
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Cadence.

Contractor hourly rate trend for Cadence in the UK

Cadence
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Cadence within the UK over the 3 months to 29 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +51 10 £450 -1.09% 8
London +31 5 £675 +35.00% 4
South East +20 4 £450 +11.11% 3
Berkshire - 3 £450 - 3
City of London -2 2 - - 1
Reading - 1 £285 - 1
Slough - 1 £750 - 1
Tyne and Wear - 1 £200 - 1
Buckinghamshire - 1 - -
Newcastle upon Tyne - 1 £200 - 1
North East - 1 £200 - 1

For the 6 months to 29 March 2017, IT contractor jobs citing Cadence also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Cadence.

1 17 (56.67%) Agile Software Development
2 10 (33.33%) JIRA
3 9 (30.00%) Google
3 9 (30.00%) jQuery
3 9 (30.00%) Git (software)
3 9 (30.00%) Visualisation
3 9 (30.00%) Bitbucket
3 9 (30.00%) AngularJS
3 9 (30.00%) D3.js
3 9 (30.00%) Scrum
3 9 (30.00%) Material Design
4 7 (23.33%) Front End Development
4 7 (23.33%) PMO
4 7 (23.33%) Programme Management
4 7 (23.33%) MS Office
4 7 (23.33%) Security Cleared
5 6 (20.00%) Service Management
5 6 (20.00%) Migration
6 5 (16.67%) MS Project
6 5 (16.67%) DevOps
7 4 (13.33%) REST
7 4 (13.33%) Java
7 4 (13.33%) ITIL
7 4 (13.33%) TDD
7 4 (13.33%) Risk Management
7 4 (13.33%) Finance
8 3 (10.00%) Electronics
8 3 (10.00%) Software Engineering
8 3 (10.00%) JUnit
8 3 (10.00%) Foreign Exchange (FX)

Cadence
Co-occurring IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (10.00%) Apache Spark
2 1 (3.33%) CMS
2 1 (3.33%) Confluence
Applications
1 7 (23.33%) MS Office
2 5 (16.67%) MS Project
3 2 (6.67%) MS Excel
3 2 (6.67%) MS PowerPoint
Business Applications
1 1 (3.33%) SAP Oil and Gas
Database & Business Intelligence
1 3 (10.00%) Big Data
1 3 (10.00%) Hadoop
2 2 (6.67%) Apache Hive
2 2 (6.67%) Data Warehouse
3 1 (3.33%) Oracle Reports
Development Applications
1 10 (33.33%) JIRA
2 9 (30.00%) Bitbucket
2 9 (30.00%) Git (software)
3 3 (10.00%) JUnit
4 1 (3.33%) Atlassian Bamboo
4 1 (3.33%) Cucumber
4 1 (3.33%) JBehave
4 1 (3.33%) Jenkins
4 1 (3.33%) JMeter
4 1 (3.33%) Selenium
4 1 (3.33%) TeamCity
4 1 (3.33%) Zephyr
General
1 4 (13.33%) Finance
2 3 (10.00%) Electronics
3 2 (6.67%) Manufacturing
3 2 (6.67%) Publishing
4 1 (3.33%) Banking
4 1 (3.33%) Marketing
4 1 (3.33%) Retail
4 1 (3.33%) Telecoms
Job Titles
1 12 (40.00%) Developer
2 9 (30.00%) Analyst
2 9 (30.00%) Angular Developer
3 5 (16.67%) PMO Analyst
3 5 (16.67%) Project Analyst
3 5 (16.67%) Project Support Analyst
3 5 (16.67%) Support Analyst
4 4 (13.33%) Front End Developer (Client-Side Developer)
5 3 (10.00%) PMO Support Analyst
5 3 (10.00%) UI Developer
6 2 (6.67%) Agile Business Analyst
6 2 (6.67%) Business Analyst
6 2 (6.67%) Design Engineer
6 2 (6.67%) Digital Analyst
6 2 (6.67%) Digital Business Analyst
6 2 (6.67%) Hadoop Developer
6 2 (6.67%) Report Analyst
7 1 (3.33%) Project Manager
7 1 (3.33%) Project Planner
7 1 (3.33%) Release Manager
Libraries, Frameworks & Software Standards
1 9 (30.00%) AngularJS
1 9 (30.00%) D3.js
1 9 (30.00%) jQuery
1 9 (30.00%) Material Design
2 4 (13.33%) REST
3 3 (10.00%) Kafka
Miscellaneous
1 3 (10.00%) Foreign Exchange (FX)
2 1 (3.33%) Analytical Skills
2 1 (3.33%) Data Centre
2 1 (3.33%) Data Structures
2 1 (3.33%) PMI
Processes & Methodologies
1 17 (56.67%) Agile Software Development
2 9 (30.00%) Scrum
2 9 (30.00%) Visualisation
3 7 (23.33%) Front End Development
3 7 (23.33%) Programme Management
4 6 (20.00%) Migration
4 6 (20.00%) Service Management
5 5 (16.67%) DevOps
6 4 (13.33%) ITIL
6 4 (13.33%) Risk Management
6 4 (13.33%) TDD
7 3 (10.00%) Continuous Deployment
7 3 (10.00%) Continuous Integration
7 3 (10.00%) Open Source
7 3 (10.00%) Software Engineering
8 2 (6.67%) Analytics
8 2 (6.67%) Data Analysis
8 2 (6.67%) Project Management
8 2 (6.67%) SDLC
8 2 (6.67%) User Stories
Programming Languages
1 4 (13.33%) Java
2 2 (6.67%) JavaScript
3 1 (3.33%) C#
3 1 (3.33%) Python
Qualifications
1 7 (23.33%) Security Cleared
2 2 (6.67%) SC Cleared
3 1 (3.33%) Degree
3 1 (3.33%) ITIL Certification
3 1 (3.33%) PhD
3 1 (3.33%) PMI Certification
Quality Assurance & Compliance
1 7 (23.33%) PMO
2 1 (3.33%) ISO 9000
2 1 (3.33%) QA
System Software
1 2 (6.67%) HDFS
Vendors
1 9 (30.00%) Google
2 2 (6.67%) Microsoft
3 1 (3.33%) ATG
3 1 (3.33%) hybris
3 1 (3.33%) Oracle
3 1 (3.33%) SAP
3 1 (3.33%) ServiceNow
3 1 (3.33%) Stellent
Newcastle Upon Tyne, Tyne and Wear
LA International
Posted: Yesterday
London
Mane Contract Services Ltd
Rate: From £500 to £570 per day
Posted: 26 days ago
Reading
People Source Consulting
Rate: £270 - £300 per day
Posted: 20 days ago