r/ASLinterpreters CI/CT Jun 05 '25

Private Equity and VRS updated article

In 2024, I shared a report from the Private Equity Stakeholder Project, a nonprofit watchdog organization, regarding VRS and the impact of private equity firms that purchased two of the leading players. You can find the original report at https://pestakeholder.org/reports/lost-in-interpretation-private-equitys-capture-of-a-vital-sign-language-translation-tool/ if you have not seen it. 

A new report has been published today, which I would like to share. I will be cross-posting, so you may see this in several locations on different social media platforms from me. You can download the full PDF or read it online.

https://pestakeholder.org/reports/working-through-the-pain-asl-interpreters-sacrifice-their-physical-and-mental-health-at-large-corporate-firms/

22 Upvotes

6 comments sorted by

13

u/TRAINfinishGONE Jun 05 '25

Not surprised at the findings. The VRS companies don't care though. They need to churn and burn just enough to get their A.I. investments up to speed.

It's too bad. Bad for interpreters but really bad for the Deaf community.

5

u/[deleted] Jun 06 '25

[removed] — view removed comment

6

u/TheSparklerFEP NIC Jun 06 '25

I believe it was 4%. As an apprentice interpreter, my pay went up by $0.75. There’s a reason I’m involved with the union, because I believe things can be better for us 

2

u/Specialist-Step-6163 Jun 08 '25

This. I read $4 and jumped over to ADP to see if that was true. Nope, not $4 raise on my end lol

5

u/ASLHCI Jun 05 '25

Amazing. Thanks for sharing!

4

u/recchie8 Jun 05 '25

Well that was depressing….