First, I’d like to comment on a new “trend”, if this is the name in the translation sphere. A couple of months ago, I got a phone call from of the “vendors managers” or whatever fancy title they have from one of the big players for which I have been working on and off since 2000. Large jobs, small jobs, weird topics, a total mishmash. We always had a friendly relationship and I considered them a good and reliable client.
So, said lady wanted to discuss new rates “so that they could send me more work, as I hadn’t worked for them for some time because my rates were too high”. She sent me a lengthy email, praising their good work and stable of Fortune 500 clients, yada yada yada. The rate they were willing to pay “to swamp me with work” was 60% of I had been charging them for the last 11 years!!! I politely said No, I am not interested. I hinted that I had lots of work at my regular rate and that I wanted to work less and earn more.
To make a long story short, since January they keep sending me work at the “new rate” and I decline them all. Now they resorted to phone calls. Again, the same answer.
To be honest, I don’t know if the PMs were informed that I don’t want to work for the new rate or if they are trying to win me over. I am standing my ground and saying NO, thanks.
If their business model is that of acquiescing to every whim of Fortune 500 companies, my business model to is charge more. The funny thing is that the other clients I work for are not Fortune 500 companies or big agencies and they are happy with my rates…
Makes you wonder…
Anyway, only this week I got an email from another large LSP asking me to reduce my price about 30% so that they could send me more work as they had detected an increase in translations into Brazilian Portuguese…. Really?
I know that the market forces and laws apply to the translation market. And I also like (and want) to pay less. But I do wonder what’s going to happen on the market – and myself, for that matter – if this trend catches on.
Better brush up other skills?