Tag Archives: economic

Advantages of working as a freelance translator 

Being a freelance translator has so many benefits, a combination of being self-employed, and in such an exciting topic, you can finally start your very own beginning doing something that you truly love.

Of course, a regular 9-5 job gives you some benefits like security but no regular job will give you the freedom and thrill that a freelance translator will give you. There may be skepticism but the advantages of this kind of work are immense.

If you’re debating whether to make this move, these next few points might just persuade you.

  What does the job entail?

Firstly, let’s touch on just what the job entails. With advancement in technology, facilities in communication, and employment portals, translators all over the world now have the option to work freelance, on their own terms, and in their own time.

You’ll need a near-native, fluent understanding of at least one other language. You can create your own name for yourself (like your very own little brand) or join through a translator agency. Either way, you’ll be working from home, doing something that comes quite naturally to you. What could be better?

If you’re worried about pay, or making a living from this decision, there’s no need to — the average income for certified translators is $72,000, which is highly desirable in itself. A non-certified translator will make about $53,000.

Now, if you’re a little more convinced that you can do this — here are some of the biggest advantages of being a freelance translator.

  The flexibility

As with every freelance job, the flexibility and freedom that comes alongside it are some of the most appealing factors.

You organize your day, manage the work hours, your income depends on how much work you do, you decide what tasks you work on, and you don’t have to miss events, holidays or any other pursuits you decide to make.

Stay at home parents, travelers or creatives really flourish in this kind of work environment — where they can journey down their own career path without any obstacles. Flexibility is the main reason why so many decide to go down the route of freelance.

  Location-independent

With technology, many people have started to really doubt the future of translators. That’s absolutely nothing to worry about, though.

In fact, technology is your friend. With your laptop in hand, you can take your work anywhere you want. Raining? Stay in your comfy clothes. Sunny? Take your work to the park. Especially when you work for online translation services, you don’t need to account for where your work for, as soon as you get the job done.

You don’t have to commute to an office, you can work in the comfort of your own home when it’s cold. You can travel to another country whenever you please and, you can even move to your dream location. The possibilities are completely endless.

  The autonomy

We all know the downside of having a boss, or working in a corporate world. You can sometimes feel like you’re being closely monitored but you don’t have this problem with being self-employed.

Your income is dependent on how much you earn, your hours are your choice and your schedule is completely up to you. For the most part, you’ll only be partaking in things that you really want to do. Except maybe chasing up some invoices, but at least it doesn’t involve office politics, right?

Basically, a little bit of business management knowledge mixed with your passion will make this an amazing decision.

  Age doesn’t matter

If you’re still young you can probably skip past this point. It might surprise you to know that as you get older you sometimes become less desirable. As unfair as this is, it’s a reality.

When you’re a freelancer, your age just isn’t relevant. There’s not retirement age, and there’s no kind of discrimination. As long as you produce high-quality work and keep to deadlines, you’re desired.

This can work in both ways too, as long as you’re a great translator, you’ll be taken seriously. Whether you’ve just graduated or you’re close to retirement.

  You’ll always be needed

Technology evolves quickly, but so does language. Humans will always be an essential part of high-quality translations, making you crucial.

As technology advances, you’ll just need to advance with it. With new tools, platforms, and, of course, improving your own language skills, you’ll make sure that you keep relevant in a competitive line of work.

As you progress and build up your freelancing career, you could make your own agency and expand into other aspects of translation. It’s a really exciting opportunity, one that should be celebrated.

Most importantly, you’ll love what you do and see just how much your skills are appreciated. You’ll never look back on your decision.

  Conclusion

Translation combined with freelancing can easily become a dream come true. You’ll be networking with people all over the world and doing it from the comfort of your own home…or beach.

 

 

Singapore’s high level of economic

In the past years, there has been an increase in the economic growth and development of Asian continent economy. Consequently, there has been both a tremendous and steady expansion in the economies of not only Singapore but also Korea, Taiwan, and Hong Kong. All the economic planners of the government regarding economic prosperity, more so in Central and Latin America, Eastern Europe, Africa, and some areas of Asia, focus so much on the development ways used in the four Tigers mentioned, hoping to learn from their doings.

For Singapore to propel her economic development, she had invested close to S$ 1.9 billion from 1990 to 1996. The investment was made through the National Computer Board (NCB) which she formed to get improved training and knowledge of those in the industries linked to IT. Additionally, Singapore committed another S$ 3 billion starting from 1995 to 2001. The best technology centers were formed such as the National Singapore University, the school of Science Systems, and some tertiary institutions were responsible for the clustering of advanced technology facilities that spearheaded Singapore’s economic development. In the undertaking of this assignment, the discuss seeks to provide some of major the factors that have enabled Singapore to achieve a high level of economic development, and this form the thesis statement for this paper.

First, following the establishment of effective technological institutions, to achieve a high level of economic development, in the 1989s, Singapore increased her manufacturing and financial operations. Singapore operated as the primary financial midpoint and hub of the Asian economic cycle regarding the productions of goods. The Riau and Johor places offered the labor required force for the processes of manufacturing. The situation was great since most of the neighboring areas were still suffering from low wage assistants with fewer skills, and this was a problem that Singapore managed so well. In 1989, a strategy for the formation of a financial collaboration amidst Malaysia, Indonesia, including Singapore was first stated. The financial collaboration acted as a springboard that facilitated Singapore’s economic growth.

Second, the SIJORI initiative began just in the first 1991s, headed by the (EDB) Economic Development Board of Singapore. Its main people were from Riau area of Indonesia, Singapore, and Malaysia. In this context, Singapore could profit from the local support since both provinces provided it with the most needed raw materials, workforce, and space. To keep Singapore good looking in the presence of new investors, EDB persisted in reviewing its tax incentive structure. The inventor condition was agreed upon in 1969, increasing the tax respite to a permanent year time. The tax reprieve attracted many investors to Singapore consequently enabling it to achieve high economic development.

As time passed, the scheme was as far as supporting Singapore’s’ small firms for manufacturing. Moreover, the scheme resulted in the creation of profits to institutions who offer services to the existing businesses. Besides working from side to side with the provision of tax collection, the government looked forward to providing other supporting institutions. The same law ruled over savings in places with no private skilled people. Many approved companies emerged in the transportation and economy sectors. The Companies took care of establishment of budgetary services and ongoing of substantial progress and non-physical procedure promoted economic growth in Singapore.

Third and finally, the law of Singapore noticed the condition of labor in the area, focused on offering a safe working environment that could bring new investors closer. With the help of Labor Act, issues between employers and the employee would be solved, and disagreements prevented. In 1971, National Trade Union Congress was formed by law as the only whole county labor combination to supervise wage issues and employment. The facilitation of the employment processes and wage issues fueled economic growth in Singapore.