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Poll: Have you adjusted your rates in the first half of 2023?
Thread poster: ProZ.com Staff
ProZ.com Staff
ProZ.com Staff
SITE STAFF
May 31, 2023

This forum topic is for the discussion of the poll question "Have you adjusted your rates in the first half of 2023?".

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Maria Teresa Borges de Almeida
Maria Teresa Borges de Almeida  Identity Verified
Portugal
Local time: 17:19
Member (2007)
English to Portuguese
+ ...
Yes, partially May 31, 2023

I haven’t touched the rates I charge to my long-standing customers, but I've raised my rates to new clients on a project basis (in general 20%, occasionally over 50%), depending on the complexity of the subject matter and some practical circumstances...

Sanjin Grandić
 
Alex Lichanow
Alex Lichanow
Germany
Local time: 18:19
Member (2020)
English to German
+ ...
No May 31, 2023

I have been doing well with unchanged rates for the past 8 years, but with inflation skyrocketing, I can no longer preclude that I will be forced to adjust at least my rate for video games sometime soon.
 
Christopher Schröder
Christopher Schröder
United Kingdom
Member (2011)
Swedish to English
+ ...
Yes, because I'm worth it May 31, 2023

As I've said here many times before, I don't understand why so many professional translators are scared to raise their rates.

Especially now with inflation so high everywhere.

Of course agencies will say they can't afford it. That's part of business. But they can, and they will. There's also life beyond agencies.

And, inflation aside, every year I'm worth more than I was before.

Yetta Jensen Bogarde
Simon Turner
Peter Dahm Robertson
Becca Resnik
Maaike van Vlijmen
Kevin Clayton, PhD
Maria Teresa Borges de Almeida
 
Kay Denney
Kay Denney  Identity Verified
France
Local time: 18:19
French to English
. Jun 1, 2023

I haven't raised my rates across the board, but I've stopped working with the worst of the lowest paying agencies and all new clients are being quoted a higher rate, so I can work less and earn more.
 
Kay Denney
Kay Denney  Identity Verified
France
Local time: 18:19
French to English
. Jun 1, 2023

Ice Scream wrote:

As I've said here many times before, I don't understand why so many professional translators are scared to raise their rates.

Especially now with inflation so high everywhere.

Of course agencies will say they can't afford it. That's part of business. But they can, and they will. There's also life beyond agencies.

And, inflation aside, every year I'm worth more than I was before.



Thank you for keeping on saying it, because it was your advice to quote higher rates when we don't much feel like doing the job that got me my latest client.

Becca Resnik
Christopher Schröder
Michele Fauble
 


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Poll: Have you adjusted your rates in the first half of 2023?






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