| Pages in topic: [1 2] > | Salary compensation for a full-time-remote job. Thread poster: Nestor J Solano
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Hi fellows,
I received a job offer from an IT company based in California to work as a "remote translator" from Latin America. I'd appreciate if any of you has a clue about the salary asignation (annual) for a "full time remote translator" position like this and can share with me your insights. I just know I'd have to cover taxes and discounts by law in my country. I'm not sure how much to ask as a salary expectation and the next stage in the process is negotiation.
... See more Hi fellows,
I received a job offer from an IT company based in California to work as a "remote translator" from Latin America. I'd appreciate if any of you has a clue about the salary asignation (annual) for a "full time remote translator" position like this and can share with me your insights. I just know I'd have to cover taxes and discounts by law in my country. I'm not sure how much to ask as a salary expectation and the next stage in the process is negotiation.
Thanks. ▲ Collapse
| | | | DZiW (X)
Ukraine
English to Russian
+ ...
| Native in... the USA | Jun 5, 2019 |
Hello Nestor--depending on your legal status, workload, exp/skills, requirements, and duties, a remote translator in US makes from $30k to $100+k, totaling some $70,000/year AVG GROSS (before taxes and expenses) + social + bonuses.
Do research the company!
I believe they want you to split it to the median of your local expectations and their budget, which still should make about $45k/year GROSS, if you're interested.
Read the contract/dra... See more Hello Nestor--depending on your legal status, workload, exp/skills, requirements, and duties, a remote translator in US makes from $30k to $100+k, totaling some $70,000/year AVG GROSS (before taxes and expenses) + social + bonuses.
Do research the company!
I believe they want you to split it to the median of your local expectations and their budget, which still should make about $45k/year GROSS, if you're interested.
Read the contract/draft and consult to the lawyer. ▲ Collapse
| | | | Thayenga 
Germany
Local time: 12:09
Member (2009)
English to German
+ ...
The answer is simple, if they want you to work full time, your salary should cover all your monthly expenses, some savings in case repairs/replacements are required, plus enough money to lead a good life and go on vacation once in a while.
Full time actually means that they hire you - remote or not - and should give you some benefits. If they don't, then charge your Social Security payments extra, or on top of your regular salary.
| | | | Nestor J Solano
Colombia
Local time: 05:09
English to Spanish
+ ...
TOPIC STARTER | Thanks Thayenga, any number in mind? | Jun 6, 2019 |
Thayenga wrote:
The answer is simple, if they want you to work full time, your salary should cover all your monthly expenses, some savings in case repairs/replacements are required, plus enough money to lead a good life and go on vacation once in a while.
Full time actually means that they hire you - remote or not - and should give you some benefits. If they don't, then charge your Social Security payments extra, or on top of your regular salary.
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Thayenga
Germany
Local time: 12:09
Member (2009)
English to German
+ ...
You're very welcome.
Unfortunately I have no knowledge of what is a good salary in South America. I suggest that you do your math by adding up all expenses that you have on a monthly basis, how much you and your family need to lead a good life, how much Social Security is in your country, especially health insurance, and add a couple hundreds per month in case of a fore mentioned events (repair/replacement / private i... See more You're very welcome.
Unfortunately I have no knowledge of what is a good salary in South America. I suggest that you do your math by adding up all expenses that you have on a monthly basis, how much you and your family need to lead a good life, how much Social Security is in your country, especially health insurance, and add a couple hundreds per month in case of a fore mentioned events (repair/replacement / private issues, etc.).
Because you will hardly have any time for other customers, and might not even be allowed to work with others, your salary should cover everything. ▲ Collapse
| | | | Nestor J Solano
Colombia
Local time: 05:09
English to Spanish
+ ...
TOPIC STARTER
Salaries in South America (even with all expenses included) are not comparable to US salaries, that's why it would work for me have an idea of a "US standard salary" for this kind of remote positions. Thanks anyway
| | | | mughwI
United States
Local time: 06:09
English to Spanish
+ ...
| US Standard Salary - 2019 | Jun 6, 2019 |
Nestor J Solano wrote: Salaries in South America (even with all expenses included) are not comparable to US salaries, that's why it would work for me have an idea of a "US standard salary" for this kind of remote positions. Thanks anyway
According to this source:
https://www.businessinsider.com/the-basic-annual-income-every-american-would-need-is-150000-2012-3
most Americans consider that a yearly salary of $150,000 USD is an acceptable income based on average costs of living in an average mid-sized town.
Sounds about right, in my experience.
[Edited at 2019-06-06 14:38 GMT]
| | | | IrinaN
United States
Local time: 05:09
English to Russian
+ ...
| There is an American dream and an American reality:-) | Jun 6, 2019 |
The same source:
***That level of income is more than three times the national median of $49,445 for 2010, and it's enough to put a household into the top 10 percent nationally.***
Myself and most of my colleagues are in the range of low to mid 6 digits before taxes, depending on the year and/or a number of vacation/personal days, which usually amount to 2-3 months a year plus weekly days off. We all do both translation and interpretation.
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Thayenga
Germany
Local time: 12:09
Member (2009)
English to German
+ ...
If Nestor was living in the US, yes. But most probably the prospective client will not set US income standards, knowing that Nestor lives in South America.
As mentioned earlier, the salary should be according to South American average incomes.
| | | | Nestor J Solano
Colombia
Local time: 05:09
English to Spanish
+ ...
TOPIC STARTER
Thanks. Altough the article is from 2012 I think $150K is too high, it mentions also that the national median income (2012) is $49,445, which is interesting. Here another article that I found with lower numbers:
https://fred.stlouisfed.org/series/PCPI06037
| | | | Nestor J Solano
Colombia
Local time: 05:09
English to Spanish
+ ...
TOPIC STARTER
Thanks. That would be great, but I don't think the salary be that big for a remote position. As you are from USA, do you think from your experience the company should pay based on US salaries scale or based on South American local salaries?
| | | | Nestor J Solano
Colombia
Local time: 05:09
English to Spanish
+ ...
TOPIC STARTER
It is possible but I hope it won't be as Colombian wedges are absurdly low.
Regards.
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IrinaN
United States
Local time: 05:09
English to Russian
+ ...
Unfortunately, the only reason US companies are looking for a remote translator is lessee salaries. But it's still not quite clear what do you (or they) mean by "salary"?
If you are a foreign citizen residing abroad, then I'm not sure if they can have you as a full-time EMPLOYEE with benefits, because they will have to make all the appropriate payments to SS, Medicare, withdraw your taxes etc etc. Benefits count when a salary is discussed. You might as well be considered a full-time... See more Unfortunately, the only reason US companies are looking for a remote translator is lessee salaries. But it's still not quite clear what do you (or they) mean by "salary"?
If you are a foreign citizen residing abroad, then I'm not sure if they can have you as a full-time EMPLOYEE with benefits, because they will have to make all the appropriate payments to SS, Medicare, withdraw your taxes etc etc. Benefits count when a salary is discussed. You might as well be considered a full-time contractor working for hourly wages.
IS you are not clear on it, I suggest you ask them all those detailed questions. Or just one - "What do you mean by a full-time position?" ▲ Collapse
| | | | mughwI
United States
Local time: 06:09
English to Spanish
+ ...
| Professional Salary | Jun 6, 2019 |
Nestor J Solano wrote: Thanks. Altough the article is from 2012 I think $150K is too high, it mentions also that the national median income (2012) is $49,445, which is interesting. Here another article that I found with lower numbers: https://fred.stlouisfed.org/series/PCPI06037
When you say too high, do you mean for the US in general?
There are quite a few people here earning much less, of course, but most of them would not be applying for a position as a professional translator offered by a direct client.
As I mentioned, in my experience, $150,000 USD (before taxes) is quite common. At least in my language pair (En > Es) and the areas I specialize in.
Still, only you can decide what would be an acceptable salary in your specific situation.
| | | | Nestor J Solano
Colombia
Local time: 05:09
English to Spanish
+ ...
TOPIC STARTER
Good point, I'll keep it in mind.
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