Are you undervaluing yourself? The effects on you, your business and the translation industry

Translator Mentoring Blog

Value

Many translators complain that industry rates are low. They feel forced to lower their rates in order to attract new clients and even to continue to be able to get regular work from their existing clients. Indeed, it is not only translation agencies who are reducing the rates they pay to their freelancer translators, but also direct clients in many sectors. This particularly applies to companies whose internal regulations require them to obtain several price quotes and to go with the cheapest each time.

Language services undervalued

People generally don’t see why they should pay what they consider to be high prices for translation services because everyone has a friend, acquaintance, niece or nephew who did languages at school who could probably help out, or so they think. Unfortunately misconceptions about the skills translation involves continue to be widespread. But not charging what your work is worth only reinforces these…

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