Freelance Translator Rates: The Value of ITI Membership

• Rates for specialised texts are consistently higher than for general texts, in terms of per-word price, minimum charge, and per-hour price, for both ITI members and non-members. • Rates charged to direct clients are consistently higher than those charged to agencies, in terms of per-word price, minimum charge, and per-hour price, for both ITI members and non-members. • ITI members charge between 13% and 25% per word more than non-members. • ITI members’ minimum charges are between 20% and 42% higher than nonmembers’. • ITI members charge between 13% and 20% more per hour than non-members. • Increased professional recognition, the ability to acquire clients via member directories, and networking and training opportunities are perceived as the key benefits of ITI (and association) membership, and could be viewed as contributing to increased rates for ITI members. • Members of professional associations feel that their associations have a degree of influence when it comes to money matters, but also want them to do more with that influence. However, the Competition and Markets Authority guidance severely limits any such influence.