Cadence Contracts

Cadence
UK

The table below provides summary statistics for contract job vacancies requiring knowledge or experience of Cadence products and/or services. It includes a benchmarking guide to contractor rates offered in vacancies that cited Cadence over the 6 months leading up to 16 May 2025, comparing them to the same period in the previous two 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
16 May 2025
Same period 2024 Same period 2023
Rank 519 564 699
Rank change year-on-year +45 +135 +157
Contract jobs citing Cadence 2 9 1
As % of all contract jobs advertised in the UK 0.007% 0.021% 0.002%
As % of the Vendors category 0.014% 0.050% 0.004%
Number of daily rates quoted 2 3 1
10th Percentile - - -
25th Percentile - £613 £363
Median daily rate (50th Percentile) £550 £625 £375
Median % change year-on-year -12.00% +66.67% -
75th Percentile - £638 £388
90th Percentile - - -
UK excluding London median daily rate £550 £625 £375
% change year-on-year -12.00% +66.67% -
Number of hourly rates quoted 0 1 0
Median hourly rate - £57.50 -
UK excluding London median hourly rate - £57.50 -

All Vendors
UK

Cadence falls under the Vendor Products and Services category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring knowledge or experience of all vendor products and services.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 13,926 18,021 24,468
As % of all contract IT jobs advertised in the UK 47.71% 42.35% 42.85%
Number of daily rates quoted 8,685 11,190 16,371
10th Percentile £280 £263 £270
25th Percentile £406 £406 £413
Median daily rate (50th Percentile) £513 £515 £525
Median % change year-on-year -0.49% -1.90% -
75th Percentile £618 £630 £644
90th Percentile £713 £738 £743
UK excluding London median daily rate £492 £500 £500
% change year-on-year -1.60% - +7.53%
Number of hourly rates quoted 573 1,104 665
10th Percentile £14.42 £12.05 £15.22
25th Percentile £17.30 £14.48 £18.70
Median hourly rate £25.50 £21.50 £42.50
Median % change year-on-year +18.60% -49.41% +97.67%
75th Percentile £56.00 £56.70 £65.00
90th Percentile £73.75 £70.00 £75.45
UK excluding London median hourly rate £23.00 £21.46 £37.50
% change year-on-year +7.18% -42.77% +97.37%

Cadence
Job Vacancy Trend

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

Job vacancy trend for Cadence in the UK

Cadence
Contractor Daily Rate Trend

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

Daily rate trend for Cadence in the UK

Cadence
Contractor Hourly Rate Trend

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

Hourly rate trend for Cadence in the UK

Cadence
Top 4 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 6 months to 16 May 2025. 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 +60 2 £550 -12.00% 35
UK excluding London +45 2 £550 -12.00% 42
North of England - 2 £550 - 4
North West - 2 £550 - 2

Cadence
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:

General
1 2 (100.00%) Social Skills
Job Titles
1 2 (100.00%) IP Engineer
1 2 (100.00%) Verification Engineer
Processes & Methodologies
1 2 (100.00%) Code Coverage