6/26/2012

Rates ... fees ...

English: title page of the catholic bible tran...
English: title page of the catholic bible translation into German from Hieronymus Emser, an opponent of Martin Luther; published 1527 in Dresden, Saxony Español: pagina principal de la traducción católica de la biblia en alemán de Hieronymus Emser, un adversario de Martin Luther, publicado 1527 en Dresden, Saxonia (Photo credit: Wikipedia)
Saint Jerome in his Study, fresco by Domenico ...
Saint Jerome in his Study, fresco by Domenico Ghirlandaio, 1480 (Photo credit: Wikipedia)

I don't know about everybody else, but whereever I look, whoever I ask - it is always "lower your rates", "sell your product (=translation) cheaper", "give us your "best" = cheapest rate" .......

Well, maybe nobody has noticed, but the costs for our daily living has and is constantly INCREASING. Right now, they decided in Japan to raise taxes. One of those taxes that applies to everything -> thus making EVERYTHING more expensive.
If somebody asked me to name a product or service that has actually become cheaper over the last 10 years ..... I would have a really(!!) hard time to think of something.

The funny thing is, that the market(s) for cheap translation labor (like Proz.com) are INCREASING their fees too.

Somehow this does not match.
We (translators) as service providers are forced to constantly lower our rates, while the agencies (I am rather sure they do) and the websites all raise their prices / fees.

This will very soon lead to translators falling below the "break even" point, where they just cannot to "afford" working as translators any longer.
What remains in the translation industry? Google translate??????
I pity the customers ........

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