Posts tagged with economy

How Translation and Localization Professionals Beat the Recession

October 24th, 2010

New study from Common Sense Advisory shows steady pay increases, overall employment stability, and high levels of job satisfaction for workers in the language services industry.

Boston, MA – October 21, 2010 — Global business depends heavily on the translation and localization services industry, which market research firm Common Sense Advisory estimates will generate US$26 billion in 2010. And, as globalization increases, more content is created in more languages than ever before. These two factors help to explain the findings of “Language Services Industry Compensation,” the latest report from Common Sense Advisory.

The new research, based on a survey of 1,037 people in 64 countries, reveals that individuals employed in the language services industry continued to see pay raises and increased demand for their services throughout the economic downturn.

“On average, translation and localization workers expected to receive annual compensation of US$63,130 in 2010, compared to US$60,673 in 2009,” observed report lead analyst and Chief Research Officer Nataly Kelly. “The language services market grew steadily throughout the recession, and salaries continued to increase throughout this period as well.”

Key research findings include:
* Compensation in emerging markets is rising at a faster pace. Translation professionals in China saw their income grow by 46.09%, while those workers living in Russia, Brazil, Israel, and Romania also saw increase in excess of 25%.
* Job title and location determine pay grade. In North America, the most highly paid individuals worked in executive management, sales, and content creation. In Asia, those working in compliance, customer support, and human resources reported earning the most. In Europe, the workers with the highest compensation were found in executive management, sales, and account management.
* Large companies have been giving better raises. Professionals experiencing the largest increases in pay were those working at firms with US$100 billion or more in revenue – those individuals saw their pay rise by 17.37% from 2008 to 2010.
* Gender disparities exist. Across the global sample, men earned an average of US$65,901 compared with women, who earned just US$55,790. However, in six countries – Denmark, France, India, Singapore, South Africa, and Switzerland – women earned more than men during each of the three years analyzed.

“While most translation and localization professionals saw wage increases, earning levels fell for workers located in some countries, such as Ireland and South Africa,” Kelly points out. “Still, on the whole, compensation on both the supply and the demand sides of the language services market grew steadily throughout the economic downtown, reinforcing our past findings that this is a recession-resistant industry.”

For more on the firm’s research, visit www.commonsenseadvisory.com.

About Common Sense Advisory :
Common Sense Advisory, Inc. is an independent research and analysis firm specializing in the on- and offline operations driving business globalization, internationalization, localization, translation, and interpretation. Its research, consulting, and training help organizations improve the quality of their global business operations. For more information, visit: www.commonsenseadvisory.com or www.twitter.com/CSA_Research.

Contact:
Melissa C. Gillespie
Common Sense Advisory
Boston, MA
+1 760-643-9140
[email protected]

http://www.commonsenseadvisory.com

“Loan Modification Is a Critical Part of Economic Recovery”, says Auto Relief Group

February 1st, 2010

Thousands of people are suffering from foreclosures and repossessions due to the sub-prime loan crisis in the market. People who had a low FICO/ credit score had an opportunity to buy their own cars, automobiles, etc by obtaining a sub-prime loan. Though they had to pay a higher interest amount, they didn’t mind as they were able to own whatever they want to. Due to the economic condition, people are stuck up with so many necessary expenses that they are unable to pay their house and auto loan payments on time. Thus, going for a loan modification can help the economy recover and also reduce payments for borrowers to make payments on time.

“Just imagine how uncomfortable you would feel when you will not have your car? How will you reach office on time? How will you drop your children to their school? Will you be able to take your wife shopping? I am sure no one would want to face such a situation in their entire lifetime. Hence, I am glad to say that we provide loan modification services for your automobiles at Auto Relief Group.  It will help you avoid repossession against a very small fees charged. The entire process will not take more than 3-5 weeks and we will provide you the forecasted depreciated value of your car for the next 12, 24 and 36 months based on actual market dynamics”, says Anthony Tribunella, Director of Operations at Auto Relief Group.

“Auto Relief Group helps in restructuring your loan by renegotiating loan amounts, interest rates, term extension, etc. After this step comes the actual closing and execution of modified loan payments. Auto loan contracts are much simpler and require few if any additional filings, taxes, stamps or use of 3rd party providers or title insurers. After you have accepted the modified terms, we will use a Mobile Notary service which will meet you at your home or work and notarize your new loan docs, effectively concluding the process”, explains Anthony.

Therefore, if avoiding repossession requires just a few dollars then who would not mind paying that and keeping their car with them. Auto loan modification can save us from sub-prime crisis, repossession and high monthly payments.

About Auto Relief Group:

Auto Relief Group was founded to help customers deal with their auto loan payments in time of need. Over the years each member of their team has developed a stellar reputation, and industry connections, allowing the company to quickly identify opportunities and act to assist the clients in their efforts to reduce their payment and keep their car, SUV or truck.

For more information on Auto Relief Group and its scope of services,

Visit: http://www.autoreliefgroup.com/default.aspx

Contact:

877.216.7203

877-259-3559

877 842-7667

[email protected]

“Effective marketing campaign can help the companies to reap the benefits of growth stage,” says Stellar Concepts and Design

December 9th, 2009

“Friday, the 4th November’09, gave our economy a number that is though not so relieving about rising U.S. unemployment, but the best so far since the day recession engulfed the economy. According to White House Report, 640,000 jobs have been created or saved by the $787 billion stimulus package. The report also projects that the stimulus money would create or save 3.5 million jobs by December 2010. Though it is hard to come to the conclusion at this point of time as the small size of gain is indeed smaller than the jobs lost, it is however, an indication of the growth stage. This will also impact the hiring decisions and marketing activities of Companies as they prepare themselves for the survival of the fittest. And, the best way to reap the benefits of this phase is to design marketing campaign effectively,” opines Anthony Giudice, President and Founder of Stellar Concepts and Design.

Stellar Concepts and Design, nation’s one of the leading full service marketing and advertising companies specializing in all areas of marketing (both online and offline), has been offering affordable marketing campaigns for small to medium sized businesses and help them to continue their mark in any phase of economy (down, recovery, boom) and improve the market share.

Market is an unpredictable place where the environment keeps on changing. To sustain in the market a Company adopts two marketing strategies viz; Proactive Strategy and a Reactive Strategy. When a business acts after an occurrence of a change it is called as a Reactive Strategy whereas when the company plans to do something on the occurrence or non-occurrence of a change it is called as a Proactive Strategy. A strong company prepares itself for every change and is ready to mould themselves by their pre-planned strategies. Hence, a proactive approach can help the companies absorb the shock and run smoothly in any phase of economy.

“Stellar Concepts and Design will help companies save their unnecessary financial expenses. We are giving them the option to outsource their marketing and promotional activities. They can save themselves from suffering a huge amount of loss by not taking the risk of implementing marketing plans that are made in-house by people who lack the required knowledge, experience and expertise. We have many years of experience and expertise in this field and we have the confidence of taking your business to the right track, in the right market, within the right segment”, concludes Anthony Giudice.

About Stellar Concepts and Design:

Stellar Concepts & Design is a full service marketing and advertising company specializing in all areas of marketing and advertising which include commercial printing, video production, website design and re-design, full service mail facility, SEO (Search Engine Optimization), SERM (Search Engine Reputation Management), Graphic Design, 350,000 Promotional Products and many more at recession friendly price.

For more information on Stellar Concept’s scope of services,

Visit: http://stellarconcepts.com

Stellar also offers active Affiliate Marketing program, 10 % of the purchase amount, http://affiliates.stellarconcepts.com/Login.aspx

Contact:

Anthony Giudice, President

954.489.2250

Marriage Site Offers Solutions as More Once Solid Unions Head Toward Divorce as a Result of Troubled Economy

March 13th, 2009

FOR IMMEDIATE RELEASE
For more information, contact:
Karen Bailey
00649-4388306
[email protected]

http://www.help-savemymarriage.com

New Zealand, March 9, 2009 — Tough economic times are putting a strain on everyone’s lives and the once sacred institution of marriage is suffering from the burden of families struggling to make ends meet.

Unfortunately, today’s troubled economy is resulting an increase in divorce rates at a time when couples should be working to keep their unions intact. That’s why www.help-savemymarriage.com is a lifesaver for couples who really want to see their marriages survive.

Help-savemymarriage.com helps couples by offering a free email course and report that points them in the right direction when it comes to saving their marriages. What are the benefits of taking time to visit the site? Among them are developing:

  • A better understanding of the theory behind their marital issues and problems
  • An ability to know how to resolve conflicts
  • Better intimacy with eachother
  • More effective and positive communication
  • More quality time for each other, despite busy schedules
  • Knowing how to avoid feelings of suffocating each other in the relationship
  • Resolution to dealing with children issues together
  • Founder Karen Bailey said the site presents real solutions and perspectives to couples looking for answers to their marriage problems, to assist them on the path to changing negative patterns of behavior and bringing back the love in a relationship.

    The course is a comprehensive collection of marriage rebuilding tools designed to assist troubled couples in turning around the negative patterns of behavior that exist in their marriages

    Bailey adds that the site’s team is composed of several people, all of who have expertise in different related fields such as writing, sociology, e-commerce, life-coaching, and clinical psychology.

    “These are all proven solutions as the course has been around for a number of years and is ranked highly in the market place,” said site founder Karen Bailey.

    The course offers top advice for couples even during the best economic times, but is even more valuable as a troubled economy continues to tax all relationships. According to Jennifer Baker of the Forest Institute of Professional Psychology in Springfield, Mo., 50 percent of first marriages end in divorce, followed by 67 and 74 percent of second and third marriages, respectively.

    Users of the site have had positive reviews of the service. Steven Kitchen of Edmonton, Canada wrote in:
    “I’ve been married to my wife for 15 years now and I was at a total loss as to what was going wrong with our marriage. She just seemed to stop loving me and her friends were all telling her to divorce me, it was a nightmare! Thanks to your book, I’ve totally changed the way I approach the situation, it was not easy, but during the last three months, the turn around in our relationship has been simply amazing! And her friends are a lot more
    supportive of our marriage too… I am so grateful!”

    Mary Evans of Seattle also offered a strong endorsement of the help the site which provides help to couples who are struggling in their marriages:

    “My relationship with my husband had been going downhill for far too long, and I purchased your book in a desperate bid to fix things. After reading your info I discovered that I had been guilty of a number of the things that you identified as being warning signs of a problem marriage. I’ve been following your methods for remedying the situation, and I have been staggered by the success. Our marriage is now well on its way to becoming better
    than it ever was before and I can see us being happily married forever
    now. My eternal thanks!”

    Thorium Energy, Inc.: Coal Revisited – This time, as Thorium’s “Dirty Cousin”

    April 12th, 2008

    FOR IMMEDIATE RELEASE:

    CONTACT:
    Ms. Megan Gillies, Media Assistant
    Thorium Energy, Inc.
    Tel: 801.322.3401
    Email: [email protected]
    www.thoriumenergy.com

    Thorium Energy, Inc. is a privately-held concern which owns resources and reserves of thorium and Rare Earth Elements at the Lemhi Pass District in Idaho, which are thought to be some of largest and most-concentrated in the United States, and possibly, the world. The company has been accumulating these resources and reserves for a period of in excess of fifteen years in anticipation of a worldwide energy crisis.
    A spokesman for the company had this to say, regarding the ongoing debate about using coal as a substitute energy source for fossil fuels:
    “There is plenty of coal in the ground, both within the United States, and internationally. It has been used as a fuel before, with limited viability, and at great cost to the environment and to all life within its vicinity. It continues to be a topic of revisitation whenever oil prices (and resultant prices at the gasoline pump) are rising or whenever the availability of oil is threatened due to political or economic instability.

    “Proponents of coal persist in reciting the virtues of its availability, its price, and its safety. These same adherents will always cite a nuclear power plant tragedy (i.e., the Chernobyl meltdown) as the reason that we have to turn away from nuclear power and revert to coal, the preferred fuel in the romantic days of Charles Dickens.

    “The essence of the argument is always this: “If we stick with coal, we’ll never have to worry about a nuclear reactor incident.” This is not unlike saying, “If we drive everywhere, then we’ll never have to worry about dying in a plane crash.”

    “Both comparisons are equally ridiculous, and are unsupported by actual logic or statistics. They are both based upon sensationalized misperceptions. In the same manner that automobile-related fatalities outnumber airline disasters by several orders of magnitude, coal-related problems are far more dangerous, and do far more damage (consistently and cumulatively) than the additive consequences of every leakage or meltdown incident involving conventional nuclear reactors since the beginning of the era of nuclear energy!

    “Burning coal produces smoke, ash and particulate matter laden with toxins (poisonous carbon monoxide, sufides, acidic corrosives and even airborne radioactive material, all of which accelerate global warming, all of which are toxic to plant and animal life, and all of which befoul the atmosphere). This does not happen occasionally, or by accident — it is an inherent hazard associated with burning fuels through combustion. Remember “coal miner’s lung”?

    “The irony here is that it is becoming increasingly well-recognized that coal-burning produces more radioactive thorium ash (which is thrown into the air and blown about by the wind) than a nuclear reactor. That’s correct — burning coal produces more air-borne radiation than a nuclear reactor does!
    “We continue to believe that Thorium energy is the only viable long-term, large-scale energy solution. And we’re not alone. Every day we re approached by more and more corporate buyers who want to stockpile thorium. For the time being, we’re adopting a ‘wait and see’ posture.”
    THORIUM ENERGY, INC. produces an informative blog at http://ThoriumEnergyInc.blogspot.com

    ABOUT THORIUM ENERGY, INC.: The Company owns the mining and mineral rights to the largest body and concentration of geologically-proven reserves of Thorium in the world, as well as to vast amounts of Rare Earth Elements which are absolutely essential to an ever-increasing number of technologies for consumer, commercial and military use. Thorium Energy’s leases are situated in the mineral-rich Lemhi Pass District of Idaho. The Company is privately-owned.