Poll: Do you offer discounts for early payment?
Thread poster: ProZ.com Staff

ProZ.com Staff
Local time: 16:05
SITE STAFF
Jul 9

This forum topic is for the discussion of the poll question "Do you offer discounts for early payment?".

View the poll results »



jonathanjb4e
 

Teresa Borges
Portugal
Local time: 00:05
Member (2007)
English to Portuguese
+ ...
No Jul 9

What do you mean by early payment: before the agreed date or on time? I deliver quite often before the deadline and no client has ever offered me a higher rate for an early delivery. I do give preference to clients who over the years have paid like clockwork.

Hazem Zaki
Kay Denney
Victoria Porter-Burns
Philip Lees
Jennifer Forbes
ahartje
Veronika Malíková
 

Victoria Porter-Burns  Identity Verified
United Kingdom
Local time: 00:05
Member (2007)
French to English
+ ...
No Jul 9

No, and likewise I don't expect a higher rate for delivering earlier than agreed if that's my decision, either.

[Edited at 2019-07-09 15:14 GMT]


Michele Fauble
 

Danylo Kravchuk  Identity Verified
Ukraine
Local time: 02:05
English to Ukrainian
+ ...
It depends on... Jul 9

Usually I don't, but I have one client who offers early payment (within 15 days) at 2% discount, otherwise the payment term is 45 days. So, this client is my only exception. Also, I work with outsources who offer an option to get paid immediately at some discount.

 

Barbara Cochran, MFA  Identity Verified
United States
Local time: 19:05
Spanish to English
+ ...
NO WAY! Jul 9

Besides for the pure pleasure, I'm in the business of literary translation to make money, and hopefully to pay for things other than just my month-to-month expenses, i.e., things like airline tickets to go over to the UK and Europe to meet up with clients and colleagues who are also friends.

jonathanjb4e
 

Maxi Schwarz  Identity Verified
Local time: 18:05
German to English
+ ...
The question doesn't make sense to me Jul 10

The work is the same. The amount of care is the same. What does happen, however ... delightfully ... is getting a new end client on the phone, and when you hang up, you discover an e-mail telling you that this person who just phoned you has already prepaid. It has happened a few times now.

 

Nikolay Novitskiy  Identity Verified
Russian Federation
Local time: 04:05
Member (2018)
English to Russian
+ ...
It depends Jul 10

Some agencies offer discounts for early payment - it's usually about 5%, while the payment is done a month earlier. Sometimes, when you need this money, such option is better than getting a loan

[Edited at 2019-07-10 09:32 GMT]


 

Michael Harris  Identity Verified
Germany
Local time: 01:05
Member (2006)
German to English
Yes Jul 10

I do offer a 3% discount if the invoice is paid within 3 days, other than that I have customers that pay after 14 days or 30 days.

 

Samuel Murray  Identity Verified
Netherlands
Local time: 01:05
Member (2006)
English to Afrikaans
+ ...
No, but... Jul 11

ProZ.com Staff wrote:
"Do you offer discounts for early payment?".


1. No, but if a client offers something like a 3% discount for payment within 1 week instead of 4 weeks, I'll accept. I have no objection to this in principle -- the discount buys cash flow.

2. One client of mine is running what I can only assume is an experiment, whereby one week before the agreed payment date their payment system sends me an e-mail offering payment 3-5 days early in exchange for an admin fee of 0.25%. I can accept or refuse on a case by case basis. This means that if I'm owed €100, the payment system charges 25c for payment 3-5 days earlier than the agreed date. The psychology is interesting -- I wonder how many translators do NOT accept the offer every time.



[Edited at 2019-07-11 06:30 GMT]


Nikolay Novitskiy
 


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