This just in: thebigword pays out big bonus of over £1.5m to one of its directors November 21, 2013Posted by Jill (@bonnjill) in Business practices, Translation.
“With its global headquarters in Leeds, thebigword interprets two million minutes of speech and translates 35 million words every month. With 2,500 clients speaking 234 languages across 77 countries, the family-owned business has more than 8,000 freelance linguists and uses automated technology to co-ordinate its global operation.”
This “unnamed highest paid director who took home a total of £1.99m during the year” and is getting an additional “discretionary bonus of £1.68m” should be proud of the work the company has done… oh wait, none of the 8000 translators or interpreters – who do the ACTUAL WORK – are seeing any of that. I wouldn’t be surprised if they got another e-mail asking for yet another 15% pay cut. You know, because the company is hurting so much in this economy. You know they certainly won’t be RAISING rates since it seems they are now doing so well.