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Poll: The highest earners in the industry are mostly professionals who...
Autor vlákna: ProZ.com Staff
ProZ.com Staff
ProZ.com Staff
PRACOVNÍK SERVERU
Jul 19, 2024

This forum topic is for the discussion of the poll question "The highest earners in the industry are mostly professionals who...".

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Maria Teresa Borges de Almeida
Maria Teresa Borges de Almeida  Identity Verified
Portugalsko
Local time: 10:13
Člen (2007)
angličtina -> portugalština
+ ...
Other Jul 19, 2024

In theory, the ‘secret’ to earning more should be: being specialized in a niche with low competition, having experience and working full-time. But in practice, I don't know if this is the case and I’m not among the highest-earners...

Dan Lucas
Liviu-Lee Roth
 
Martin Buchet
Martin Buchet
Francie
Local time: 11:13
angličtina -> francouzština
+ ...
Other Jul 19, 2024

The secret... own a translation agency

 
Ekaterina Chashnikova
Ekaterina Chashnikova  Identity Verified
Local time: 11:13
angličtina -> ruština
+ ...
Other ⬇️ Jul 19, 2024

The highest earners understand marketing (applies to both in-house and freelance professionals) and treat their work as a business if they are freelancers.

Dan Lucas
Jorge Payan
 
writeaway
writeaway  Identity Verified
francouzština -> angličtina
+ ...
Other Jul 19, 2024

Who are non-stop master networkers.

Charlie Bavington
Rita Translator
 
jyuan_us
jyuan_us
Spojené státy americké
Local time: 05:13
Člen (2005)
angličtina -> čínština
+ ...
Question Jul 20, 2024

Ekaterina Chashnikova wrote:

The highest earners understand marketing (applies to both in-house and freelance professionals) and treat their work as a business if they are freelancers.



Why do you think in-house professionals ( I guess you mean in-house translators) who understand marketing are the highest earners? For me, an in-house translator get a fixed salary whether or not they understand marketing.


Ines Radionovas-Lagoutte, PhD
Maria Teresa Borges de Almeida
Liviu-Lee Roth
 
Gennady Lapardin
Gennady Lapardin  Identity Verified
Ruská federace
Local time: 12:13
italština -> ruština
+ ...
Other Jul 20, 2024

Inherited (in the "time of piece") connections rule the world. The number and amount or mastery of your bids don't matter. If you win a job, it's an open or hidden fruit of connections.

abe(L)solano
 
Changing Jul 20, 2024

These days it’s probably those who use MT and AI to churn out vast quantities of work very quickly.

Previously it was those who charged a lot because they were good.


Peter Simon
abe(L)solano
Maria Teresa Borges de Almeida
Kay Denney
Siobhán Fulton
Martin Buchet
Elizabeth Joy Pitt de Morales
 
Harishankar Shahi
Harishankar Shahi  Identity Verified
Indie
Člen (2014)
angličtina -> hindština
+ ...
Other Jul 20, 2024

Undoubtedly, who have more connections. And those who have prooves in the foreign language, to show the agency/company more than real quality for a end user. And, also, who always keep things simple to understand for the Project Managers.

abe(L)solano
Jorge Payan
 
Gitte Hovedskov (X)
Gitte Hovedskov (X)
Dánsko
Local time: 11:13
angličtina -> dánština
+ ...
...run agencies and refuse to pay translators properly Jul 20, 2024

The industry is suffering greatly under a lack of respect for qualified translators.

Martin Buchet
The Shredder
 
Post removed: This post was hidden by a moderator or staff member for the following reason: Unedited since two days
Zea_Mays
Zea_Mays  Identity Verified
Itálie
Local time: 11:13
angličtina -> němčina
+ ...
Quality and communication skills Jul 20, 2024

As others said, specialization and quality matter, but I think good communication skills also count for a lot, including networking skills and the ability to present yourself and to act in a professional manner = reliability. Clients need to feel that they can build on you.

Rita Translator
 
Matthias Brombach
Matthias Brombach  Identity Verified
Německo
nizozemština -> němčina
+ ...
...are mostly professionals who... Jul 20, 2024

...won't tell you here in a public forum how they achieved their success (= by what private networks).

 
Kay Denney
Kay Denney  Identity Verified
Francie
Local time: 11:13
francouzština -> angličtina
. Jul 20, 2024

As in any business, the best-paid director is the Finance Director. And the best-paid translators are those specialised in finance. Simply because the Finance Department looks after its own.

Dan Lucas
 
Michele Fauble
Michele Fauble  Identity Verified
Local time: 02:13
norština -> angličtina
+ ...
Highest earners Jul 20, 2024

The highest earners in the industry are mostly professionals who stand out from the competition.

Liviu-Lee Roth
 
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