If you have worked with professional interpreters you will know two things:
- Interpreting is not cheap.
- You really need them to interpret well.
The first of those two issues is the one that clients think about most. It is easy to start thinking ahead to their invoices and see if there is a way that you can reduce costs. And you can indeed reduce interpreting costs if you want to.
You might rely on “Bilingual Bob” (or Bobbie) who works in accounting and speaks decent French. You might download one of those phone apps and hope it works and that your visitors don’t mind sharing a single pair of wireless headphones.
Or you might see if you can find a cheaper interpreter somewhere. Maybe the equipment guys might get you a package deal or something.
But, as important as cash is, it’s the second of those two realisations above that you really need to think about. Few clients ever think about the risks and rewards involved in interpreting when they book interpreters. It all comes down to two basic questions:
- If this all goes wrong, how much will it cost you?
- If this all goes perfectly, how much will it make you?
When you are looking at interpreting quotes, those are the questions you need to think about most. The first question tells you the risks involved in the assignment. In this month alone, I have done one assignment where poor quality interpreting could have led to poor safety practices being implemented in factories across Europe and another where poor interpreting could have lost a deal worth tens of millions of Euros.
On the flip side, the second question tells you about the rewards of good interpreting. I did one job this time last year where two days of interpreting led to a multi-year, multi-million pound contract and one this year where excellent interpreting allowed different subsidiaries of the same company to share their best environmental practices.
There are always risks and rewards involved in interpreting. The question is, how much are you prepared to pay to mitigate the risks and increase the chances of the rewards?