A new translator emailed me for advice: he has had work offers, but at very low rates (€0.02 per word). He turned them down but he’s wondering whether he was wrong. My answer: if you think the rate is too low, it just is, and you should turn it down. Use a tool like the rate calculator to set a rate which will allow you to lead the lifestyle you wish and stick by them. Nothing good will come of lowering your rates. There’s a lot more to say on the subject, but I’m absolutely snowed under, so here are a few posts full of excellent advice by some of my colleagues. Please don’t hesitate to share more links in the comments.
Negotiating: art, not science
Supplier or demander?
Handling clients who ask for low rates
9 factors to consider when determining your price
Low rates for beginners