Jobs @ Career Consulting Limited
Return to career-consulting-limited.com
People |
|
|
 |
How To Receive Payment as a Freelance Translator?
A problem most freelance translators are facing with is how to receive payment. In particular: How to receive payment for small jobs. Many translation agencies are reluctant to pay small fees via wire transfer due to the transaction fees; often they will send you a check instead. And I suppose I don't have to tell you: The banks charge an enormous commission when you come and want to cash in your check. Then along came PayPal ? Basically PayPal lets you send and receive payment over the Internet. It bases its service on the existing bank and credit card networks, but it is not a bank in itself. Registering is free; all you need is an email address. Sending money is free - receiving money however, is not. You pay 3.4 % of the received amount unless you are receiving dollars; in this case you pay 2.9 % of the received amount. Then you have to pay a flat fee for each transaction: 0.35 Euros or 0.30 Dollars. In addition you have to pay a cross boarder fee of 0.5 % - 1.0 % if you receive payment from someone located in another country. Then you have to pay a small fee when you withdraw your money to your regular bank account. (Unless your bank is located in the United States; then you don't have to pay this fee.) How much this is depends on the country you are located in. I for instance live in Switzerland and have to pay 0.50 CHF to withdraw to my account. Banks in countries within EU, except the United Kingdom, all charge 1.0 Euro. Lets have a look at an example. I perform a small translation and charge a minimum fee of 20 Euro. 3.4 % of 20 Euro is 0.68 Euro, plus the flat fee of 0.35 Euro. Add the cross boarder fee of 1%, which is 0.20 Euro. So, of my 20 Euros PayPal takes 1.20 Euros. In addition comes the fee of 0.50 CHF for withdrawing the money to my regular bank account. If the agency sent me a check instead of using PayPal, my bank would charge 7.50 CHF (4.80 Euros) for cashing the check for me. Each bank has its own fees for cashing checks and receiving wire transfers. But for smaller amounts PayPal is definitely the cheapest way of accepting payment. You will have to do a small calculation and see how large amounts you can receive before the PayPal fees exceed the fees your bank charges. But is it safe? Most freelance translators using this way of receiving payment are satisfied with the service and have had no problem with PayPal. I have only heard of one-two translators having their accounts frozen by PayPal for no legitimate reason. Some negative aspects of PayPal The problems with PayPal only start when you have a problem, so to speak. Resolving a problem can be very time-consuming and frustrating, and in many cases no solution is reached. Their customer support is not exactly something to brag about. It is very difficult to get behind their wall of auto responders and answering machines! Another thing to be aware of are scams. There are numerous scams around, from people sending out emails pretending to be from PayPal asking you to confirm your credit card numbers, to hackers going in to your account and spending all your money. Other negative aspects of PayPal are that it is not available in all countries and you can only receive payment in a few currencies. By using PayPal you take a large risk compared to using the normal banking system. The chance of loosing your money is there. At the moment there are several lawsuits filed against PayPal and a lot of people who have lost money and not received any compensation. Have a look at these web sites: http://www.paypalwarning.com A few tips for using PayPal The majority of the people having problems with PayPal are people selling items via auctions etc. Some examples: Payment is cashed from the buyers account and not transferred to the sellers account. A buyer uses a stolen credit card number to purchase items from you and your account risk being frozen for being involved with criminal activity. As long as you use PayPal to receive money and don't connect you PayPal account to a credit card the risk is relatively low. In the worst case you could lose the money available on you PayPal account, threw whatever reason: hackers getting in to your account, PayPal freezing your account etc. Having read a few of the horror stories about PayPal, I am very cautious using their system. But I still use it for receiving small payments. Basically out of lack of alternatives. PayPal was the first company to offer this kind of service, and for a long time it was the only company providing this service. In the last year or so a few other companies have started providing the same service or very similar services. Most of them are very new companies and still not industry standard. When I ask agencies if they pay via Moneybookers for instance, they have never heard of this. But many of them can offer payment threw PayPal. I am sure there soon will be very good alternatives. But for nowit seems we are stuck with PayPal whether we like it or not. Guidelines for using PayPal The only advice I can give is to be careful using PayPal. Here are some tips to help minimize the risk of loosing money threw PayPal. 1. Only receive smaller amounts through PayPal. 2. Never leave large amounts on your PayPal account: Withdraw your money as soon as you have a couple of hundred Euros/Dollars. 3. Log in to your account and check that everything is ok each time you expect to receive payment. 4. Be prepared to lose the money on your account. Get more info at Vertaalbureau Metamorfose Vertalingen Khalid Belamdini is a freelance webmaster working at Vertaalbureau Metamorfose Vertalingen
MORE RESOURCES: Opinion | Another ‘shock’ is coming for American jobs The Washington Post Supply Chain Lowe's Careers Careers City of Phoenix (.gov) Working for ICE ice.gov Careers University of Northern Colorado How to use AI to get a job interview and nail it – along with the salary you deserve | Job hunting The Guardian Careers City of Ontario, California (.gov) Meet a millennial who quit her tech job, temporarily moved to Paris, and started a baking business in NYC Business Insider Careers at Prairie View A&M University PVAMU Home Careers | Home USDA (.gov) Jobs Multnomah County Compensation & Benefits Lowe's Careers Careers and Jobs at CRS Catholic Relief Services Job Loss Is a Kind of Grief The Atlantic Careers - MDOT Maryland.gov Work at Fairfield Fairfield University Careers Baxter Store Hourly Job Areas Target Corporate Career Job Areas Target Employment Opportunities | Game Commission Commonwealth of Pennsylvania (.gov) Careers at USCIS USCIS (.gov) Improve Your Chances of Landing That Job Interview IEEE Spectrum Careers at TWU Texas Woman's University Jobs and Training at FDA fda.gov Work at Butler Butler University Amazon CEO Andy Jassy shares his top tips for a successful career: ‘Don’t be afraid to fail’ AboutAmazon.com Water Services Careers City of Phoenix (.gov) Job Search Results UnitedHealth Group Careers Jobs City of Rochester (.gov) Employment | Department of Corrections Commonwealth of Pennsylvania (.gov) Work With Us National Oceanic and Atmospheric Administration (.gov) Careers and Employment with the Northwestern Division nwd.usace.army.mil Career Opportunities UMHB Career Opportunities Gilead Sciences Careers Johnson & Johnson Finding Your New Career at the City of Phoenix City of Phoenix (.gov) Careers at Willamette Willamette University Alcohol Law Enforcement Careers NC DPS (.gov) IOM career gateways International Organization for Migration Careers at University of Missouri Health Care | University of Missouri Health Care jobs University of Missouri Health Care Careers Washington State University Careers BASF Jobs at Liberty University Liberty University Healthcare Jobs at Novant Health | Novant Health Novant Health Jobs And Careers | VA Montana Health Care | Veterans Affairs VA.gov Home | Veterans Affairs Student internships at J&J Johnson & Johnson Careers Future of Jobs Report 2025: The jobs of the future – and the skills you need to get them The World Economic Forum Work for the City of St. Louis City of St. Louis, MO (.gov) Career Comeback UBS Ready for your next great job? ADP Careers Careers WV Department of Education Our Hiring Process Target Careers The Ocean Cleanup UF Health Careers UF Health Careers Job Seekers Illinois Human Resources Careers CrowdStrike EPA employees rally in Denver against President Trump’s job and funding cuts - Colorado Public Radio EPA employees rally in Denver against President Trump’s job and funding cuts Colorado Public Radio Careers at Union Union College KPMG Careers KPMG March 2025 Preview: What to Expect in the Jobs Report Center for Economic and Policy Research Why hasn’t AI taken your job yet? Financial Times Matching Talent to the Jobs of Tomorrow: A Guidebook for Public Employment Services 2025 The World Economic Forum Jobs for Veterans and transitioning military VA Careers (.gov) Human Resources Department City of Phoenix (.gov) Provincial Government Job Opportunities Government of Prince Edward Island Current opportunities Turner & Townsend 15 Low-Stress Jobs for 2025 US News Money 60+ Stats On AI Replacing Jobs (2024) Exploding Topics Talent Solutions CBIZ Careers Euromonitor Careers at WPP WPP Job Opportunities Bellevue School District As Layoffs Continue, Federal Workers Face Sluggish Job Market The New York Times The Job Market Is Frozen The Atlantic Recorded Video Interviews Target RESTORING ACCOUNTABILITY TO POLICY-INFLUENCING POSITIONS WITHIN THE FEDERAL WORKFORCE The White House (.gov) Work at UI Health Care | University of Iowa Health Care University of Iowa Health Care Medical Center |
|
|
|
RELATED ARTICLES
Job Interviews -- The Real Reasons Why You Need to Follow Up Effective follow-up after a job interview is often a key reason why someone gets a job, even though there are other equally qualified candidates. Many candidates treat follow up as an optional add-on to their job search. Top 5 Tips for College Grads Entering the Working World 1) Build a Relationship With Your Boss:Like it or not, no single individual has a greater impact on your career future than your direct supervisor. So, how do you get on their good side from the start? Managers want to feel that you truly care, and that you are "in it with them" as a team. How to Write a Resume That Stands Out From The Crowd Today's job market is competitive. Many companies receive hundreds of resumes a year, making it difficult for yours to stand out from the crowd. Careers In The Advertising Business Internet Marketing Style So you are interested in seeking a job with an advertising business or Internet marketing firm? The first step would be to gain enough knowledge in marketing theory and practical applications. A four-year college degree is helpful but those without a college degree can still land a job with a top firm if they have enough real-world experience. Take This Job and...Re-staff It Deciding to leave a job isn't easy. In fact, quitting a job requires courage, especially in today's soft economy when the unemployment rate has reached 6. Fear of Being Outsourced? Fight Back Me, outsourced? Impossible. How could they replace a business-humor columnist? But my brother-in-law, the radiologist, told me his hospital was threatening to cut his position because they had found a medical group out of India that would read MRIs at half the cost. How To Tap Into the Invisible Job Market Is there a company in your area that you'd love to work for? Do you assume that, because you don't see them advertising in the classifieds or posting jobs on their website, they have no openings? That may or may not be the case. That truth is, only about one-fifth of job openings are actually advertised!Here's how to tap into the huge "invisible" job market. Ask For That Raise! For nine years Jeff worked for company G as an engineer. Flying airplanes was his first love. Avoid Your CV Always Ending Up in the Bin Cover Letters must grab the reader's interest so that they immediately want to learn more about the writer (you).Your cover letter is generally the first document those potential employers will read. Words. Words. Words. They're only words. Some believe the school-yard taunt: "Sticks and stones can break my bones, but words can never hurt me. Using Your Whine Factor Brian's work was exceptional. Still, as his boss, I rarely offered him additional responsibilities, never thought of promoting him or selecting him for a critical project. Get In Career Shape Research suggests that as many as 8 out of 10 employed adults are in the wrong job or career! They are in poor career-shape or have little or no career-stamina.If you are one of the 8 or your goal is to shape up, it is important to have a good understanding of some basic career management principles for a healthy career workout and to help you make the best decisions about your career on a day-by-day basis. 20 Powerful Tips For Advancing Your Career You don't want to stay in your current position forever.. Petite Modeling: What Should You Wear to Your First modeling Photo Shoot? If you're looking into making the petite modeling industry your career and are wondering what you should bring to your first photo shoot then this article is for you.Don't take this lightly. The Top 10 Ways to Manage Your Career Many people in the last decade have experienced either a layoff or termination in their lives or the lives of somebody they know. While many of these people affected have experienced outplacement-consulting services, some have not and they may be in for a rude awakening - corporations no longer "take care of you". Hiring the OverQualified Employee or Mining for Gold I am having a hard time understanding why a valuable resource such as the "over qualified employee is having such a hard time getting a job. Something seems to be out of whack here. Ten Great Careers For Single Parents The challenges of raising a child by yourself, whether you're a mother or father, can be very difficult. Add the burden of having to be out of the home for 40+ hours per week to work and raising a child at the same time can be nearly impossible. The Organized Job Search Many people, under financial or other pressures to find work quickly, feel they can't afford to take the time to get organized. On the other hand, conducting your job search in an organized manner will reduce the amount of time you spend looking for information, following inappropriate leads, or waiting for your dream job to fall into your lap. A Career in Image Consulting You might have seen them while watching TV shows such as Extreme Makeover, Queer Eye for the Straight Guy, or What Not to Wear. Or you might have heard that Martha Stewart needed them to give her advice on how to look sympathetic to a jury. Are Your Intentions Clear in Your Job Search? 1. Do you REALLY know what you want?2.
|
|
|
| © Career Consulting Limited.com 2011
|