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Poll: Have you increased your rates for 2012?
Thread poster: ProZ.com Staff
ProZ.com Staff
ProZ.com Staff
SITE STAFF
Feb 13, 2012

This forum topic is for the discussion of the poll question "Have you increased your rates for 2012?".

This poll was originally submitted by Annett Hieber. View the poll results »



 
Natalia Pedrosa (X)
Natalia Pedrosa (X)  Identity Verified
Local time: 07:44
English to Spanish
+ ...
It was time! Feb 13, 2012

I have been applying nearly the same rates for four years, so I think I deserve a little extra...

Happy Monday!

Natalia


 
Annett Hieber
Annett Hieber  Identity Verified
Germany
Local time: 07:44
English to German
+ ...
How? Feb 13, 2012

Hi Natalia,

Thank you for participating in this poll.

As the answer you selected suggests, you have increased your rates for existing clients. Would you mind sharing how you did this and by what percentage? - Did you write them an announcement letter at the beginning of this year? How did they react?

I increased my rates, too, but started with new clients only.

Annett


 
Marta Cervera Areny
Marta Cervera Areny
Spain
Local time: 07:44
Catalan to Spanish
+ ...
I tried! Feb 13, 2012

I tried to increase my rates only to the one client that's been paying the same really low rate for the last 5 years.

They said no, I said bye...


 
Natalia Pedrosa (X)
Natalia Pedrosa (X)  Identity Verified
Local time: 07:44
English to Spanish
+ ...
Hi Annett Feb 13, 2012

Of course, I sent an email to my existing clients telling them of my new rates, which have increased by 1 cent, so it's not about them pulling their hair!

Cheers.

Natalia


 
Interlangue (X)
Interlangue (X)
Angola
Local time: 07:44
English to French
+ ...
Yes Feb 13, 2012

By 5 eurocents/line, just a little less than the index rise over the same period. I always send my customers a letter (with the invoice of the month) 2 months in advance, telling them about it and about the index rise.
My Canadian (direct) customer (prices there are in USD and because of the drop of the currency, they were paying less than European agencies) did not accept this at first but came back (not as often, true) after a while, mainly for proofreading - makes me think they are awa
... See more
By 5 eurocents/line, just a little less than the index rise over the same period. I always send my customers a letter (with the invoice of the month) 2 months in advance, telling them about it and about the index rise.
My Canadian (direct) customer (prices there are in USD and because of the drop of the currency, they were paying less than European agencies) did not accept this at first but came back (not as often, true) after a while, mainly for proofreading - makes me think they are aware that cheap(er) stuff is not necessarily reliable

I spread a rise over 6 months, working at the old rate for some customers while others get used to the new rates.

Other customers (international organisations) index rates automatically every year and, in my experience, they are rather generous.

[Modifié le 2012-02-13 13:26 GMT]
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DianeGM
DianeGM  Identity Verified
Local time: 08:44
Member (2006)
Dutch to English
+ ...
No Feb 13, 2012

I don't do that accross the board at the beginning of the year. I am/will be increasing my rates in my ususal incremental way.

 
Nikki Scott-Despaigne
Nikki Scott-Despaigne  Identity Verified
Local time: 07:44
French to English
Repeat poll? Feb 13, 2012

Got a funny feeling this question was put in a poll very recently...

 
Vibeke Degn-P
Vibeke Degn-P  Identity Verified
Norway
Local time: 07:44
Member (2010)
English to Norwegian
+ ...
Changed clients Feb 13, 2012

I signed some new contracts with new clients that pay well. That made it possible to say no to some old ones. They of course got a mail telling them I was raising my prizes, just in case they wanted to follow my rise. Only one said "maybe". The others where just "shocked".
But hey - the result is still that I have higher rates!
Have a nice day!
Vibeke

[Edited at 2012-02-13 09:35 GMT]


 
Julian Holmes
Julian Holmes  Identity Verified
Japan
Local time: 14:44
Member (2011)
Japanese to English
Amazingly similar poll Feb 13, 2012

Nikki Scott-Despaigne wrote:

Got a funny feeling this question was put in a poll very recently...


Nikki, very observant of you. The following poll was posted on Dec 3, 2011.

"Are you planning to raise your rates in 2012?"

May I suggest a new poll?

"Are you planning to rehash a poll soon?"

Happy translating!

I added the following:
When you suggest a poll, one of the guidelines on the Suggest a Poll page is, would you believe

"Ensure that a similar question has not been asked recently by searching for key terms".

Maybe some double-checking would come in handy!



[Edited at 2012-02-13 09:52 GMT]


 
Muriel Vasconcellos
Muriel Vasconcellos  Identity Verified
United States
Local time: 22:44
Member (2003)
Spanish to English
+ ...
Yes - with new clients Feb 13, 2012

I'm quoting US$ .01 more per word to all new clients. So far, they haven't questioned it - which makes me wish I'd done it sooner.

Finally! I hadn't raised my quote in 8 years, and sometimes I was caving in and working for less than my initial quote. I have enough well-paying clients now that I don't need to worry if I lose some of them. Time will tell whether I lose some of my old clients.


 
neilmac
neilmac
Spain
Local time: 07:44
Spanish to English
+ ...
No Feb 13, 2012

Obviously this is an issue many people are worried about, which may explain the reiteration of the question.

I consider my rates to be average for the market, have kept them the same for several years, and will try to continue to do so until the economic situation gets better and I think my clients can afford a hike. Although some taxes and costs are rising/have risen for me, it hasn't yet reached the stage where I feel that I need to put my prices up.

A non-translator
... See more
Obviously this is an issue many people are worried about, which may explain the reiteration of the question.

I consider my rates to be average for the market, have kept them the same for several years, and will try to continue to do so until the economic situation gets better and I think my clients can afford a hike. Although some taxes and costs are rising/have risen for me, it hasn't yet reached the stage where I feel that I need to put my prices up.

A non-translator colleague has just lost his job and I count myself lucky to be self-employed and still getting enough work coming in to pay the bills and the occasional pastry-related indulgence. There but for the grace...
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Maria Teresa Borges de Almeida
Maria Teresa Borges de Almeida  Identity Verified
Portugal
Local time: 06:44
Member (2007)
English to Portuguese
+ ...
No (same answer as the previous poll) Feb 13, 2012

Nikki Scott-Despaigne wrote:

Got a funny feeling this question was put in a poll very recently...


 
Simon Bruni
Simon Bruni  Identity Verified
United Kingdom
Local time: 06:44
Member (2009)
Spanish to English
No, my rates rise organically Feb 13, 2012

Why increase rates randomly on an arbitrary date? It makes no business sense. Increasing rates should be done continuously, whenever and wherever it can be done without jeopardising existing business.

 
Nina Khmielnitzky
Nina Khmielnitzky  Identity Verified
Canada
Local time: 01:44
Member (2004)
English to French
Yes Feb 13, 2012

I sent an email to all the users from my long-term regular client to tell them I was raising my rate by 1 cent... I hadn't raised my rates for a couple of years, and I was still a way better deal than what agencies charged. I haven't heard from them in a while. I guess they decided to use someone who spoke French within the company for their translation needs, which is sad for them and me, as they probably have no translation experience and I had a long term relationship with the company. They u... See more
I sent an email to all the users from my long-term regular client to tell them I was raising my rate by 1 cent... I hadn't raised my rates for a couple of years, and I was still a way better deal than what agencies charged. I haven't heard from them in a while. I guess they decided to use someone who spoke French within the company for their translation needs, which is sad for them and me, as they probably have no translation experience and I had a long term relationship with the company. They used to send me loads to translate, but these past two years, I almost didn't get anything.

With agencies, I can't get the rate I want. But if they're good payers, we find a middle ground.
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Poll: Have you increased your rates for 2012?






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