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 2 June 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 2 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 331 | 423 | 547 |
| Rank change year-on-year | +92 | +124 | -66 |
| Contract jobs citing Cadence | 18 | 36 | 79 |
| As % of all contract jobs with a WFH option | 0.12% | 0.15% | 0.18% |
| As % of the Vendors category | 0.29% | 0.34% | 0.45% |
| Number of daily rates quoted | 9 | 30 | 53 |
| 10th Percentile | £413 | £511 | £369 |
| 25th Percentile | £438 | £550 | £450 |
| Median daily rate (50th Percentile) | £450 | £600 | £525 |
| Median % change year-on-year | -25.00% | +14.29% | +9.09% |
| 75th Percentile | £500 | £638 | £580 |
| 90th Percentile | £587 | £643 | £720 |
| UK median daily rate | £500 | £560 | £525 |
| % change year-on-year | -10.72% | +6.67% | +7.69% |
| Number of hourly rates quoted | 3 | 0 | 4 |
| 10th Percentile | - | - | £49.73 |
| 25th Percentile | £20.17 | - | £60.19 |
| Median hourly rate | £20.33 | - | £66.00 |
| 75th Percentile | £37.12 | - | £67.00 |
| 90th Percentile | £47.10 | - | £68.80 |
| UK median hourly rate | £47.50 | - | £43.50 |
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 | 6,190 | 10,605 | 17,518 |
| As % of all contract jobs with a WFH option | 42.27% | 43.75% | 39.61% |
| Number of daily rates quoted | 3,936 | 7,138 | 12,016 |
| 10th Percentile | £325 | £325 | £350 |
| 25th Percentile | £425 | £425 | £425 |
| Median daily rate (50th Percentile) | £525 | £525 | £525 |
| Median % change year-on-year | - | - | +8.25% |
| 75th Percentile | £625 | £650 | £630 |
| 90th Percentile | £725 | £743 | £725 |
| UK median daily rate | £514 | £525 | £525 |
| % change year-on-year | -2.10% | - | +9.38% |
| Number of hourly rates quoted | 204 | 251 | 249 |
| 10th Percentile | £13.31 | £16.61 | £13.50 |
| 25th Percentile | £16.50 | £25.00 | £20.00 |
| Median hourly rate | £28.50 | £52.50 | £43.00 |
| Median % change year-on-year | -45.71% | +22.09% | +65.38% |
| 75th Percentile | £51.25 | £66.00 | £57.38 |
| 90th Percentile | £71.75 | £80.00 | £73.00 |
| UK median hourly rate | £22.50 | £42.50 | £21.50 |
| % change year-on-year | -47.06% | +97.67% | +4.88% |
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
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 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 2 June 2024.
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 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 2 June 2024.
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: