IC Design Contracts

Integrated Circuit Design (IC Design)
UK

The following table provides summary statistics for contract job vacancies with a requirement for IC Design skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IC Design over the 6 months to 7 June 2024 with a comparison to the same period in the previous 2 years.

6 months to
7 Jun 2024
Same period 2023 Same period 2022
Rank 588 687 -
Rank change year-on-year +99 - -
Contract jobs citing IC Design 2 1 0
As % of all contract jobs advertised in the UK 0.005% 0.002% -
As % of the Processes & Methodologies category 0.005% 0.002% -
Number of daily rates quoted 0 1 0
Median daily rate (50th Percentile) - £375 -
UK excluding London median daily rate - £375 -
Number of hourly rates quoted 2 0 0
10th Percentile - - -
25th Percentile £51.25 - -
Median hourly rate £57.50 - -
75th Percentile £63.75 - -
90th Percentile - - -
UK excluding London median hourly rate £57.50 - -

All Process and Methodology Skills
UK

IC Design is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for process or methodology skills.

Contract vacancies with a requirement for process or methodology skills 37,078 50,015 79,966
As % of all contract IT jobs advertised in the UK 85.30% 89.70% 90.63%
Number of daily rates quoted 23,703 34,589 56,207
10th Percentile £300 £325 £349
25th Percentile £413 £438 £433
Median daily rate (50th Percentile) £525 £550 £538
Median % change year-on-year -4.55% +2.33% +7.50%
75th Percentile £638 £650 £646
90th Percentile £750 £750 £741
UK excluding London median daily rate £500 £500 £488
% change year-on-year - +2.56% +8.33%
Number of hourly rates quoted 2,565 1,687 1,878
10th Percentile £12.75 £10.70 £12.50
25th Percentile £16.00 £15.50 £15.63
Median hourly rate £36.50 £35.80 £25.68
Median % change year-on-year +1.96% +39.41% +10.45%
75th Percentile £61.25 £65.00 £50.00
90th Percentile £72.50 £75.00 £65.00
UK excluding London median hourly rate £38.12 £35.00 £20.00
% change year-on-year +8.91% +75.00% -4.76%

IC Design
Job Vacancy Trend

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

Job vacancy trend for IC Design in the UK

IC Design
Contractor Daily Rate Trend

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

Daily rate trend for IC Design in the UK

IC Design
Contractor Hourly Rate Trend

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

Hourly rate trend for IC Design in the UK

IC Design
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IC Design within the UK over the 6 months to 7 June 2024. 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 +89 2 - - 39
UK excluding London +55 2 - - 30
East of England - 2 - - 17

IC Design
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:

Development Applications
1 2 (100.00%) Git
General
1 2 (100.00%) Electronics
1 2 (100.00%) Wearables
Job Titles
1 2 (100.00%) Design Engineer
1 2 (100.00%) IC Design Engineer
2 1 (50.00%) Analogue Design Engineer
2 1 (50.00%) Analogue IC Design Engineer
2 1 (50.00%) Analogue IC Engineer
2 1 (50.00%) Architect
2 1 (50.00%) Digital Design Engineer
2 1 (50.00%) Digital IC Design Engineer
2 1 (50.00%) Digital IC Engineer
Miscellaneous
1 2 (100.00%) ASIC
1 2 (100.00%) Augmented Reality
1 2 (100.00%) Smartphone
1 2 (100.00%) Verilog
1 2 (100.00%) Virtual Reality
Operating Systems
1 2 (100.00%) Linux
Processes & Methodologies
1 2 (100.00%) CI/CD
1 2 (100.00%) Electronic Design Automation
1 2 (100.00%) Mentoring
1 2 (100.00%) Test Automation
1 2 (100.00%) Validation
2 1 (50.00%) UVM
Programming Languages
1 2 (100.00%) Bash
1 2 (100.00%) Python
1 2 (100.00%) SystemVerilog
1 2 (100.00%) Tcl
Qualifications
1 1 (50.00%) PhD
Quality Assurance & Compliance
1 1 (50.00%) JTAG
System Software
1 2 (100.00%) Embedded Firmware
1 2 (100.00%) Firmware
Vendors
1 1 (50.00%) Cadence
1 1 (50.00%) Mentor Graphics
1 1 (50.00%) Siemens