CAT tools grid and pricing. (Money matters)

Forum: CAT Tools Technical Help
Topic: CAT tools grid and pricing. (Money matters)
Poster: Halyna Dema

Hello!
I have been doing interpretation for the better part of my career path, but due to recent events, I had to switch over to over-the-phone interpretation and translation. Now, I’ve done translation before, for private entities and some clients, but it was manual translation projects instead of ones that require CAT tools. Unfortunately, my education institution did not provide any information regarding CAT tools, pricing, software and anything else, that’s vital when it comes to this market. Long story short, I have been contact by an agency, and we’ve agreed upon a reasonable rate per source word. They proceeded to provide me with a CAT grid, and that’s when I got utterly confused. I’ve been trying to read the other threads here, and try to figure it out and break it down (like everything else I’ve done before) and I’ve had no luck.

Can someone please explain:

What is the CAT tools pricing grid?

What is the importance of this in our field?

How to utilize this to our (translators) advantage ?

Can you provide some examples?

I’m sure this will not only help me, but someone who is also looking to start a career in translation as well.

P.S.
Here is an example of the one they provided:
New at [••••] EUR
No Match Word 100%
50 - 74% Match Word 50% of No Match Word
75 - 84% Match Word 50% of No Match Word
85 - 94% Match Word 50% of No Match Word
95 - 99% Match Word 15% of No Match Word

Are these reasonable rate percentages ?

Thank you!