This article will help you understand how our Agency and Platform will calculate the Net Word Rate.
Payments for all jobs are calculated by multiplying the vendors' per-word rate by the post-analysis net rate provided by BWX.
BWX applies different formulas to set the net rate for each type of job (e.g. translation, reviewing, etc.) and can leverage the Translation Memory (TM) for our clients - this means the client will be able to check how much they were able to save using this feature. As for vendors, they can see how much of their work will be easier. PMs can also use this information to check project information and use it to make decisions.
The Translation Memory (TM), Artificial intelligence (AI) and Machine Translation (MT) are used to help and guide the vendor's work. The TM will be improved the more it is populated and built upon every time the vendor works on projects. The vendor can use the AI or MT as a guideline while correcting, adapting and reviewing the text for a high-quality translation.
When we analyze BWX logfiles, it is essential to know what points will impact the Net Rate calculation:
- Net Word Rate in the pre-analysis logfile: The Net Word Rate shown in the pre-analysis logfile takes into account the total words, repetitions, and Translation Memory matches. It is used for estimation purposes only.
- Net Word Rate in the post-analysis logfile: The Net Word Rate shown in the post-analysis is the most accurate analysis. This logfile takes into account the total words, repetitions, Translation Memory matches and the Vendor’s effort to complete the jobs (we will take into consideration the Machine Translation and Artificial intelligence use and the modifications done by the linguist in the Translation Memory matches).
It means that the total word rate may be much more substantial than the net word rate, especially when we look at the post-analysis logfile, considering it will be touched by the circumstances mentioned above.
The job offered in the vendor’s dashboard will always contain the net word rate and percentages so that the vendor can have an idea of the average pay for the job. However, please note that this is a pre-analysis estimation, and the final net rate word count may be higher or lower than this estimative (further explanation in the Translation rates section below).
The vendor can also check the total word count when they are working in BWX, at the top of the Editor, by hovering the cursor right on the information icon (“i”).
For translation jobs, we use the BWX's post-analysis logfile to calculate the payment based on how many of the segments were fully typed/translated by the linguist and how much the Translation Memory, Artificial intelligence or Machine Translation output was edited for each segment.
This means there may be a variation between the net rate you saw in the job offer and the actual net rate calculated after you finish editing the job.
Repetitions are not factored into payment since repeated segments are automatically confirmed in BWX after the original segment is confirmed. The 101% and 100% segments may be locked, in which case the vendor won't be able to edit them. If they are not locked, and the vendor finds something to correct, their correction will be calculated according to how much was edited.
For instance, if only one punctuation were edited, that segment would be considered at the 95-99% rate in the post-analysis logfile. All and any changes the vendor makes are calculated and paid.
- See below our Translation Rates:
- When you are in charge of checking a translation initially created by our Machine Translation, you will be paid appropriately according to the “MT” column. It means that even if you decide not to change a few segments, you will still receive 30% of your per-word rate for reading and confirming them.
Below you can see a table simulating the post-analysis log file, where we have the Full Rate percentage to be paid for Translation Memory/Artificial Intelligence and Machine Translation according to their match type. You can also see how many words were worked on using TM, AI or MT for each match type and the net rate on its right side.
⚠️The total word count of a file may be 1307 words, while the post-analysis Net Rate can be 379.1. The translator payment would be 379.1 x their per-word rate.
The Review rates will operate similarly to our Translation rates. The distinction arises when we take into account the rates and the fact that reviewers are not expected to utilize Machine Translation or Artificial Intelligence, given that the segments will already be completed.
⚠️ Please note that the payment will be zero if the linguist is asked to review a certain file and doesn’t edit any segments. We understand that other linguists have already modified the file enough in the previous Workflow(s).
- See below our Review Rates:
⚠️Note: Please, keep in mind that 100% and 101% segments are already approved by the client and don’t need changes, so they are not included in the Net Rate Calculation.
- Below, you can see a Review Net Word Rate simulation:
⚠️ For this Review, the reviewer payment would be 563 x their per-word rate.
Any questions regarding payments, receipts, and other financial matters should be sent to firstname.lastname@example.org.
If you need any help with using the BWX platform, please contact our Support team at email@example.com.