If you are not afraid of an increased headcount and you translate in excess of 500,000 words each year, you can make significant cost savings by employing in-house translation staff.
500,000 words translated through an agency between European languages is likely to cost you in the region of €90,000 (depending on various variables, of course) and you can hire a good in-house translator for €30,000. It makes sense.
Translators can manage their own work, so depending on your set-up, you may not even need a Project Manager for this model.

