RATES FOR KOREA – EFFECTIVE JANUARY 1, 2015

Service Type

Interpreter Class

Rate ^{1, 6}

Remarks

Up to
2 Hrs.

Per Add’l Hour ²

Full Day ³

OT ⁴

Consecutive Interpreter

English<>Korean

Master - Business Level II

NA

NA

$1125

$185/hr.

Top-level interpreter with graduate degree in interpretation and minimum 5 years of professional experience

Professional - Business Level I

$550

$125

$795

$145/hr.

Business interpreter with graduate degree in interpretation and minimum 2 years of professional experience

Proficient

$345

$75

$525

$85/hr.

Current candidate for graduate degree in interpretation

Conference Interpreter ⁵

English<>Korean

Professional - Conferences, Depositions

$750
(up to
1 hr.)

NA

$1225

$200/hr.

Top-level interpreter with graduate degree in interpretation and minimum 5 years of professional experience.  Simultaneous interpretation equipment required.

Language Consulting

Business/ Language Consulting

$100-$150/hr.

NA

Advisory, research and intermediary services; rates vary depending on type of assignment

 
• These rates do not include travel, lodging or per diem expenses for multi-day assignments outside of Seoul.

• ¹ Includes local travel (round trip) within Seoul.

• ² Applicable to Proficient class interpreters only: additional hours billed at the additional hour rate up to 4 hours, and full-day rate applies after 4 hours. For Business Level I and Business Level II interpreters, full-day rate applies after 2 hours. For Conference interpreters, full-day rate applies to any assignment lasting longer than 1 hour.

• ³ Full day = 6 working hours (excluding lunch/meal break).

• ⁴ Overtime rate. Applicable after 6 working hours.

• ⁵ Including simultaneous interpretation. 2 interpreters are required for simultaneous interpretation lasting more than 30 minutes.

• ⁶ A 50% surcharge applies for proceedings that are audio- or video-recorded where the interpreter's voice and/or image becomes an integral part of the record (e.g., videotaped conferences, hearings, depositions).

• We do not provide interpreting equipment. Equipment such as interpreting booths and transmitters, if required, must be arranged separately by the client.

• Working hours include stand-by time and working lunches.

> See Korean Interpretation Services Terms and Conditions