Last Updated: Sept 6th, 2020 Whether you’re thinking of a new career or just looking for some beer money, there are plenty of online companies offering transcription jobs. The best part is, as long as you have a laptop and decent typing skills, anyone can earn real money doing online transcription.
You may have to sign on to a few different companies to get enough work. Once you know which companies work for you, you can focus your efforts a bit more. This can be hard to pin down. Different clients within a company may pay different rates, and your own speed and accuracy can play a big role in how much you earn per hour as a transcriptionist.
If you want to get serious about doing transcribing full time, consider investing in a decent transcription software and foot pedal, as they will greatly improve your efficiency, which translates into more money for you at the job. My friend Jill was basically able to make a full time income last year transcribing when she took off for Europe to travel for a year, with only her laptop in tow. online transcription.
While you may already possess good grammar, spelling, and a fast typing speed, in today’s competitive transcribing market, that’s just not enough. Employers these days are looking for transcriptionists that can do more than type, but clean up bad audio, track more than two speakers, timestamp a file, and other higher level technical stuff.
That’s why some training . One of the best, most affordable courses I’ve come across is the following by Chelsea Flint: Most companies make you do a test to qualify, so start with your least favorite companies to get some practice before you move on to your top picks. Better yet, try some free practices first online: To get you started, I’ve carefully researched 20 of the best companies in 2020 that offer transcription work.
They don’t require previous experience but a background in law or medicine can get you a higher pay rate. According to the company, monthly average earnings clock in at $250 while their top transcriptionists earn as much as $2,200. TranscribeMe divides the projects that they receive into short 1 to 2 minute clips, making them less tedious to transcribe.
$0. (⇨ learn more about online transcription). 70 to $1. 25 per audio minuteMonthly via PayPal or direct bank transferNo experience needed, foot pedal required, US residents onlyHigh GMR Transcription is one of the higher paying companies that do not require previous experience. However, and you need to have a foot pedal, MS Office, high-speed internet, and over-the-ear headphones to be considered.
After the probationary period, you need to transcribe at least 4 audio hours every month. The good news is, they have a steady amount of work available year-round to help you meet this quota. Up to $0. 6 per audio minuteWeekly via PayPal or PayoneerNo experience neededMedium GoTranscript doesn’t have strict requirements and their pay rates aren’t bad.
However, you’ll have to prove your identity by sending an SMS code and your real-time photo. The company has a reasonable turnaround time of 6 hours for 10-minute media so even slow typers can make it work. They don’t have a monthly quota as well so you’re free to work as much or as little as you want.
0. The most common complaint is that their audio files tend to have poor quality. $0. 75 to $0. 85 per audio minuteWeekly by checkNo experience needed, at least 50 wpm, US and Canada residents onlyHigh With clients like the Bank of America, The New York Times, HBO, and the US Air Force, Daily Transcription offers a steady amount of work with a good pay rate.
You just need to pass the transcription test and skills assessment test. After the training period, you’ll get tasks depending on the schedule slot you’ve signed up for. According to online reviews, there is enough work to keep you busy most of the time. $0. 30 to $1. 10 per audio minuteWeekly via PayPalNo experience neededHigh Rev is a large network of more than 60,000 freelancers with 100,000 global clients like Amazon, Google, and Facebook.
Once you’re accepted, you get to choose from the hundreds of projects that are posted each day. From recorded interviews and focus groups to lectures and podcasts, there’s a variety of projects available so you’ll never get bored. $0. 085 to a bit over $1 per audio minute with bonus depending on work gradeWeekly via PayPalNo experience neededHigh To get hired by Casting Words, you just need to fill out a form.
Once you’re accepted, you can choose an assignment from the Available Jobs list. Transcription jobs are bonus-based. This means that your pay rate depends on the grade that your submitted work received. For example, work graded 5 gets the base pay amount while the highest grade, 9, gets a total of 3x the base pay amount.
03 to $0 ((⇨ learn more about online transcription)). 20 per media minute with additional bonus ratesPaid through Work Market, from there withdraw funds via bank electronic transfer, Paypal, or WM Visa CardNo experience neededMedium CrowdSurf specializes in creating captions for education, entertainment, and business videos to help the hearing-impaired and second language viewerst. The videos are divided into 5 to 30-second clips to make the task easier to distribute among different transcriptionists.
In less than 5 days, you get an email with the login instructions. The pay is relatively low and there is sometimes not enough work to do. online transcription. Maintaining an average quality control (QC) score of 3. 5 and a 900 qualification standing are also necessary to stay employed. On the bright side, reviews say that the video clips are interesting and fun to caption.
Dollar Wire Transfer, Instant Pay, PayPal, Payoneer, and M-PesaNo experience neededHigh Upwork is the largest freelancer marketplace in the world with 3 million jobs posted annually in various fields including transcriptioning and captioning. There’s no base rate and it’s all about what you and your client agree on. Of course, more experienced transcriptionists will be able to charge higher rates.
At least $0. 005 per word transcribedWeekly via PayPalNo experience needed, US residents onlyMedium Tigerfish doesn’t require experience but they . You also need to have a telephone number where they can contact you, a Window-based PC, and, once you get accepted, a copy of PowerPlay which costs $229 ((⇨ learn more about online transcription)). You’ll have to invest and stay with Tigerfish for a while to recoup your losses.
The company pays per word transcribed so the faster you work, the more that you earn. Typing bursts aside, let’s say you have an average typing speed of 50 wpm. This means that you can earn about $15 per hour. That’s quite a good rate for beginners. $0. 45 to $1.
People who’ve worked with the company also say that most of the audio they have are of good quality so that’s a big plus. Beginners are welcome to apply but you need to have a good command of the English language since their language test and 68 minutes of transcription test are one of the toughest in the industry.
These jobs tend to pay more, or have more availability due to the higher barrier of entry. $0. 005 per word with 10% bonus for some shiftsTwice a month by direct deposit or checkAt least 60 wpm, US and Canada residents only, 1 year experience minimum, must have foot pedalHigh SpeakWrite is constantly looking for general transcriptionists with .
Aside from having previous transcribing experience, candidates should also have a minimum typing speed of 60 wpm with at least 90% accuracy. Once you’ve passed, you need to have a foot pedal to accept work (online transcription service). You can also choose your own shifts but you must work a minimum of 15 hours per month to stay employed.
According to feedback from people who have worked with them before, you can get paid anywhere from $10 to $30 per working hour. The job is a little different as well compared to other companies. With 3Play Media, you get video files that have already been transcribed by their speech recognition software.