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Nature of the job
Although both language translators and interpreters work with languages, the work requirements in both cases are different. While translators work on translating written content, interpreters work on spoken language, readily translating speeches/conversations between two parties. Being bilingual in both cases is not enough; every language is guided by a distinct set of grammatical rules, vocabulary, alphabet, style and culture. This necessitates that translators and interpreters have a deep and intimate understanding of their language pairs.
Qualifications
A relevant college degree can be helpful but is not a necessity. Trade organizations like the American Translators Association offer a variety of certifications which are considered by language translation firms and clients, thus adding credibility to the resume especially in the case of freshers.
Pros & Cons
Those who work as freelancers enjoy the benefit of choosing the amount and kind of work they want to take. Unreasonable deadlines are not unheard off especially in the present day 24×7 work culture. While translators working as fulltime employees of language translation organizations maintain regular business hours in most cases. Full-time employees get additional benefits including retirement-savings plans and health-care benefits depending upon the policies of the companies where they work. Freelancers have to take personal responsibility to plan out the same.
Earning
Translators and interpreters frequently work as freelancers. While translators are generally paid according to the number of words they translate; interpreters get paid according to the number of hours they work. Then there are also those who are employed with language translation companies or language translation departments of specific organizations. Earnings can vary according to the expertise, experience and area of specialization in terms of language as well as field or subject. Wise selection of language pair and niche area can provide substantial returns. Talented freelance language experts with a keen business sense have been known to earn in 6 figures. On the other hand translators/interpreters working as full-time employees in various types of organizations earn from $40,000 to $60,000.
Outlook
Translators and interpreters can expect better pay and more jobs as their demand is continuously increasing. According to the US Labor Department the demand for interpreters and translators would increase by 24% through 2016.
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