Income from Interpreting: A comparison matrix
Full Time Employed (Staff Interpreter) Full Time Employed K-12 Educational Interpreter Interpreter in Private Practice
Itemized Income and Expenses Employee Comments Public School Comments Self Employed Comments
Salary            
Per Year         2080 260 work days per year (not including Sat/Sun) x 8 hrs @ day
Hours 2080 40 hrs @ week x 52 1260 180 days x 7 hrs 1560 billable 6 hrs @ day x 52 weeks
Holiday -80 8 hrs x 10 days   n/a -30 estimated 5 days x 6 hours UNPAID
Vacation -80 8 hrs x 10 days   n/a -30 estimated 5 days x 6 hours UNPAID
Sick Leave -80 8 hrs x 10 days 63 1 day @ mo. -30 estimated 5 days x 6 hours UNPAID
Travel Time 250 Estimated 30 min each way 180 estimated 30 min each way -500 1 hr @ 3 hrs billable (non portal-to-portal paid)
Administration/Office Hours         -255 21.25 days @ 1 hrs
        715 Available working hours (weekday only)
Total Hours 2090 174.16667 Averaged hours @ mo 1503 167 Avg hours @ month 715 59.583333 Estimated $25.00 per hour****
Estimated Average Salary 30,000.00 $14   $23,000 $15.30   $17,875 $25.00  
Monthly 2,500.00   $2,556   $1,490 $25  
  Averaged          
Insurance   Monthly         Independent Contractor
Health 185.00 Covered by employer 185.00 Covered by employer -185.00 out-of-pocket expense for self only (monthly)
Disability 25.00 Covered by employer 25.00 Covered by employer -25.00 out-of-pocket expense for self only (monthly)
Professional Liability 25.00 Covered by employer 25.00 Covered by employer -25.00 out-of-pocket expense for self only (monthly)
Dental 25.00 Covered by employer 25.00 Covered by employer -25.00 out-of-pocket expense for self only (monthly)
Life 10.00 Covered by employer 10.00 Covered by employer -10.00 out-of-pocket expense for self only (monthly)
Retirement, 401K, Deferred Comp 166.67 Employer contribution 166.67 Employer contribution -166.67 Based on $2000 deposit annually
436.67   436.67   -436.67  
Tax            
SS 200.00 Covered by employer 200.00 Covered by employer -400.00 Estimated
Car            
Payment -300.00 estimated -300.00 estimated -300.00 estimated
Maintenance -10.00 averaged monthly -10.00 averaged monthly -50.00 averaged monthly
Gas -15.00 averaged monthly -15.00 averaged monthly -130.00 averaged monthly
Insurance -50.00 averaged monthly -50.00 averaged monthly -75.00 averaged monthly
Property Tax -10.00 where applicable -10.00 where applicable -10.00 where applicable
Tolls -16.00 where applicable -16.00 where applicable -25.00 where applicable
Parking 0.00 employer provided 0.00 employer provided -85.00 esimated monthly
Tickets 0.00 reduced driving 0.00 reduced driving -15.00 increased driving
-401.00   -401.00   -690.00  
Professional Development & Education            
Tuition 41.00 Covered by employer 41.00 Covered by employer -41.00 averaged monthly
Fees 50.00 Covered by employer 50.00 Covered by employer -50.00 averaged monthly
Time off (Average 3 p.d. days per year/12 months) 28.00 Covered by employer 42.50 Covered by employer -37.50 averaged monthly
Lodging 50.00 Covered by employer 50.00 Covered by employer -50.00 averaged monthly
Travel 31.00 Covered by employer 31.00 Covered by employer -31.00 averaged monthly
Meals 30.00 Covered by employer 30.00 Covered by employer -30.00 averaged monthly
230.00   244.50   -239.50  
Equipment, Maintenance/Repairs & Charges**            
Computer 70.00 Provided by employer 70.00 Provided by employer -70.00 Based on $2500 computer purchased every 3 years
Fax 15.00 Provided by employer 15.00 Provided by employer -15.00 Based on $500 fax machine purchased every 3 years
Answering Machine 2.00 Provided by employer 2.00 Provided by employer -2.00 Based on $75 answering machine every 3 years
Phone 5.00 Not necessary for business 5.00 Not necessary for business -35.00 Extra line estimate plus long distance
Cell Phone   Not necessary for business   Not necessary for business -75.00 Estimated monthly
Pager 10.00 Provided by employer 10.00 Provided by employer -10.00  
Day Planner 2.50 Provided by employer 2.50 Provided by employer -5.00 Averaged monthly
Computer Printer 15.00 Provided by employer 15.00 Provided by employer -15.00 Based on $500 printer purchased every 3 years
Copy Machine or Service 10.00 Provided by employer 10.00 Provided by employer -10.00  
TTY 2.00 Provided by employer 2.00 Provided by employer -2.00  
Miscellaneous Equipment Repair 10.00 Provided by employer 10.00   -10.00  
141.50   141.50   -249.00  
Professional Services            
Attorney   Provided by employer   Provided by employer -50.00 Averaged monthly
CPA -40.00 1040-EZ (no tax planning) -40.00 1040-EZ (no tax planning) -300.00 Schedule C and Business filing + tax preparation services
-40.00          
Marketing            
Yellow Pages   Not necessary for business   Not necessary for business -200.00  
Business Cards   Not necessary for business   Not necessary for business -10.00  
Internet 20.00 Provided by employer 20.00 Provided by employer -20.00  
Web site   Not necessary for business   Not necessary for business -30.00  
20.00   20.00   -260.00  
Bad Debt Expense            
Estimated at 2% of Gross Revenue   Not applicable   Not applicable -750.00 Lost income + time spent to pursue bad debt
Supplies 25.00 Provided by employer 25.00 Provided by employer -25.00  
Paper 5.00 Provided by employer 5.00 Provided by employer -5.00  
Pens 2.50 Provided by employer 2.50 Provided by employer -2.50  
Computer Ink 5.00 Provided by employer 5.00 Provided by employer -5.00  
Copy/Fax Toner 5.00 Provided by employer 5.00 Provided by employer -5.00  
Postage   Not applicable   Not applicable -20.00  
Envelopes   Not applicable   Not applicable -2.50  
Maps   Not applicable   Not applicable -2.50  
42.50   42.50   -817.50  
Home Office Expenses            
Furniture & Misc office needs other than supplies/materials   Not applicable   Not applicable -25.00 Averaged monthly expense
Utilities   Not applicable   Not applicable -50.00 Averaged monthly expense
        -75.00  
Banking Fees            
Checking Account Fees (business account)   Not applicable   Not applicable -10.00 Second business account
Miscellaneous            
Professional Dues (National, State & Local) 12.50 Paid for by employer 12.50 Paid for by employer -12.50  
Subscriptions 10.00 Paid for by employer 10.00 Paid for by employer -10.00  
Credit Card Interest   Not necessary for business   Not Necessary for business -5.00  
22.50   22.50   -27.50  
Totals*** $3,152 $18.10 After benefits included $3,262 $19.53 After benefits included $14,670 $20.52 Totals after expenses deducted
Notes:
* Estimatations based on a national average of interpreters having worked in the community 5+ years and have RID or NAD/state assessment at the 4 or 5 level
Items are included per need of the job. Example: While it is recognized that a vehicle is needed for full-time employed; however it is not a requirement for work
to the extent working in the community requires such.
** Based on the notion that employees typically take advantage of the office equipment and supplies for minimal personal reasons; therefore, not needing to purchase at home
*** Total Estimate Annual Salary and Average Per Hour rate (based on salary divided by number of hours worked or unpaid time and lost wages)
**** This calculation (5 days @ 6 hrs per day) was used to show a true comparison of similar time involved. The deduction follows that for interpreters in private practice to make a livable wage, they must work nights and weekends (and most do.)
Return to the previous page.        2000, Signs of Development, LLC