ASIC Contracts with Work from Home Options

Application-Specific Integrated Circuit (ASIC)
UK > Work from Home

The table below looks at the prevalence of the term ASIC in remote or hybrid contract work. Included is a benchmarking guide to the contractor rates offered in vacancies that cited ASIC over the 6 months leading up to 23 June 2024, comparing them to the same period in the previous two years.

6 months to
23 Jun 2024
Same period 2023 Same period 2022
Rank 340 456 620
Rank change year-on-year +116 +164 -115
Contract jobs citing ASIC 1 1 3
As % of all contract jobs with a WFH option 0.007% 0.004% 0.007%
As % of the Miscellaneous category 0.023% 0.013% 0.022%
Number of daily rates quoted 1 0 0
Median daily rate (50th Percentile) £650 - -
UK median daily rate £625 £750 -
% change year-on-year -16.67% - -
Number of hourly rates quoted 0 0 1
Median hourly rate - - £50.85
UK median hourly rate £57.50 - £56.00
% change year-on-year - - +12.00%

All Generic Skills
Work from Home

ASIC falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies with remote or hybrid options requiring generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,304 7,539 13,934
As % of all contract jobs with a WFH option 29.17% 31.58% 31.77%
Number of daily rates quoted 2,923 5,349 10,060
10th Percentile £325 £363 £363
25th Percentile £435 £455 £450
Median daily rate (50th Percentile) £550 £550 £550
Median % change year-on-year - - +10.00%
75th Percentile £675 £684 £650
90th Percentile £835 £800 £750
UK median daily rate £538 £550 £550
% change year-on-year -2.27% - +10.00%
Number of hourly rates quoted 187 147 225
10th Percentile £15.95 £19.00 £15.13
25th Percentile £25.50 £25.36 £21.00
Median hourly rate £51.00 £52.50 £44.50
Median % change year-on-year -2.86% +17.98% +27.98%
75th Percentile £68.75 £69.38 £62.25
90th Percentile £73.50 £75.00 £68.75
UK median hourly rate £35.65 £22.26 £27.00
% change year-on-year +60.15% -17.56% +8.00%

ASIC
Trend for Jobs with a WFH Option

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

ASIC trend for jobs with a WFH option

ASIC
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 ASIC.

ASIC daily rate for jobs with a WFH option

ASIC
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 ASIC.

ASIC hourly rate for jobs with a WFH option

ASIC
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:

Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Business Analyst
Quality Assurance & Compliance
1 1 (100.00%) Dodd-Frank
1 1 (100.00%) EMIR