Cadence Contracts with Work from Home Options

Cadence
UK > Work from Home

The table below provides summary statistics for contract job vacancies with an option to work from home (WFH) and 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 17 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
17 May 2024
Same period 2023 Same period 2022
Rank 325 429 554
Rank change year-on-year +104 +125 -86
Contract jobs citing Cadence 18 37 75
As % of all contract jobs with a WFH option 0.12% 0.15% 0.17%
As % of the Vendors category 0.29% 0.35% 0.43%
Number of daily rates quoted 8 30 52
10th Percentile £430 £511 £366
25th Percentile £447 £550 £448
Median daily rate (50th Percentile) £463 £600 £525
Median % change year-on-year -22.92% +14.29% +5.00%
75th Percentile £510 £638 £588
90th Percentile £611 £643 £723
UK median daily rate £545 £555 £525
% change year-on-year -1.80% +5.71% +5.53%
Number of hourly rates quoted 3 0 3
10th Percentile - - £47.40
25th Percentile £20.17 - £54.38
Median hourly rate £20.33 - £66.00
75th Percentile £37.12 - -
90th Percentile £47.10 - -
UK median hourly rate £47.50 - £39.25

All Vendors
Work from Home

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 WFH option and a requirement for knowledge or experience of vendor products and services.

Contract vacancies with a requirement for knowledge or experience of vendor products and services 6,276 10,627 17,335
As % of all contract jobs with a WFH option 42.43% 43.17% 39.37%
Number of daily rates quoted 3,941 7,161 11,807
10th Percentile £325 £330 £344
25th Percentile £425 £425 £425
Median daily rate (50th Percentile) £525 £525 £525
Median % change year-on-year - - +10.53%
75th Percentile £625 £650 £625
90th Percentile £725 £745 £715
UK median daily rate £515 £525 £525
% change year-on-year -1.90% - +10.53%
Number of hourly rates quoted 204 241 256
10th Percentile £13.31 £17.50 £14.43
25th Percentile £16.50 £25.71 £19.73
Median hourly rate £28.50 £52.50 £40.00
Median % change year-on-year -45.71% +31.25% +48.15%
75th Percentile £53.19 £67.50 £56.53
90th Percentile £70.00 £80.25 £73.13
UK median hourly rate £21.50 £40.59 £21.50
% change year-on-year -47.03% +88.79% -2.27%

Cadence
Trend for Jobs with a WFH Option

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

Cadence trend for jobs with a WFH option

Cadence
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 Cadence.

Cadence daily rate for jobs with a WFH option

Cadence
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing Cadence over the 6 months to 17 May 2024.

Cadence daily rate histogram for jobs with a WFH option

Cadence
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 Cadence.

Cadence hourly rate for jobs with a WFH option

Cadence
Hourly Rate Histogram for Jobs with a WFH Option

Hourly rate distribution for jobs with a work from home option citing Cadence over the 6 months to 17 May 2024.

Cadence hourly rate histogram for jobs with a WFH option

Cadence
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:

Application Platforms
1 1 (5.56%) Confluence
Business Applications
1 3 (16.67%) SAP S/4HANA
2 1 (5.56%) SAP ERP
Cloud Services
1 3 (16.67%) Microsoft 365
2 2 (11.11%) SaaS
3 1 (5.56%) AWS
3 1 (5.56%) Azure
3 1 (5.56%) GCP
3 1 (5.56%) GitHub
3 1 (5.56%) Microsoft Purview
3 1 (5.56%) Smartsheet
Communications & Networking
1 1 (5.56%) DNS
1 1 (5.56%) Firewall
1 1 (5.56%) HTTP
1 1 (5.56%) Internet
1 1 (5.56%) Intrusion Detection
1 1 (5.56%) SSL
1 1 (5.56%) VPN
Development Applications
1 2 (11.11%) JIRA
2 1 (5.56%) Postman
General
1 9 (50.00%) Social Skills
2 6 (33.33%) Public Sector
3 4 (22.22%) Finance
4 3 (16.67%) Analytical Skills
4 3 (16.67%) Influencing Skills
5 2 (11.11%) Telecoms
6 1 (5.56%) Banking
6 1 (5.56%) Investment Banking
6 1 (5.56%) Pharmaceutical
Job Titles
1 7 (38.89%) Analyst
1 7 (38.89%) Business Analyst
2 3 (16.67%) Delivery Manager
2 3 (16.67%) Project Manager
3 2 (11.11%) Administrator
3 2 (11.11%) Contracts Manager
3 2 (11.11%) Finance Business Analyst
3 2 (11.11%) Financial Analyst
3 2 (11.11%) IT Manager
3 2 (11.11%) SAP Analyst
3 2 (11.11%) SAP Business Analyst
3 2 (11.11%) SAP Financial Analyst
3 2 (11.11%) SAP Financial Business Analyst
3 2 (11.11%) ServiceNow Manager
4 1 (5.56%) Automation Engineer
4 1 (5.56%) Compliance Project Manager
4 1 (5.56%) Lead
4 1 (5.56%) Senior
4 1 (5.56%) Senior Automation Engineer
4 1 (5.56%) Supply Chain Project Manager
Miscellaneous
1 2 (11.11%) Self-Motivation
2 1 (5.56%) Data Structures
2 1 (5.56%) Legacy Systems
2 1 (5.56%) Life Science
2 1 (5.56%) Management Information System
2 1 (5.56%) Onboarding
2 1 (5.56%) Operational Technology
Operating Systems
1 1 (5.56%) Linux
1 1 (5.56%) Windows
Processes & Methodologies
1 12 (66.67%) Agile
2 7 (38.89%) Business Analysis
3 6 (33.33%) Roadmaps
4 5 (27.78%) Change Management
4 5 (27.78%) Scrum
4 5 (27.78%) User Experience
5 4 (22.22%) Coaching
5 4 (22.22%) Data Governance
5 4 (22.22%) Data Modelling
5 4 (22.22%) Epics
5 4 (22.22%) Impact Assessments
5 4 (22.22%) PRINCE2
5 4 (22.22%) Service Design
5 4 (22.22%) Story Mapping
5 4 (22.22%) User Research
5 4 (22.22%) User Stories
5 4 (22.22%) UX Research
5 4 (22.22%) Value Proposition
6 3 (16.67%) ITSM
6 3 (16.67%) Service Management
Programming Languages
1 2 (11.11%) SQL
2 1 (5.56%) Bash
2 1 (5.56%) JavaScript
2 1 (5.56%) Python
Qualifications
1 2 (11.11%) Degree
2 1 (5.56%) Computer Science Degree
2 1 (5.56%) SC Cleared
2 1 (5.56%) Security Cleared
Quality Assurance & Compliance
1 3 (16.67%) SLA
2 1 (5.56%) Disclosure Scotland
2 1 (5.56%) GRC
2 1 (5.56%) GxP
2 1 (5.56%) NCSC
2 1 (5.56%) NIST
2 1 (5.56%) QA
Systems Management
1 1 (5.56%) Ansible
Vendors
1 3 (16.67%) ServiceNow
2 2 (11.11%) SAP
3 1 (5.56%) Microsoft