How Much Can A Transcriptionist Make In A Day?

by | Last updated on January 24, 2024

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Average Daily Transcription Transcriptionist hourly pay in the United States is

approximately $59.29

, which is 289% above the national average.

How much do work from home transcriptionists make?

While ZipRecruiter is seeing annual salaries as high as $135,500 and as low as $14,500, the majority of Work From Home Transcriptionist salaries currently range between

$27,500 (25th percentile) to $78,000 (75th percentile)

with top earners (90th percentile) making $110,500 annually across the United States.

Are transcribing jobs worth it?

Transcription sites are fine when you’re looking to earn pocket money. But if you’re desiring full-time employment, use them

to gain experience

. … They look at your experience, your work ethic and offer much better pay. The work is not snatched by the first person who gets the chance.

How much do entry level transcribers make?

While ZipRecruiter is seeing annual salaries as high as $53,000 and as low as $20,000, the majority of Entry Level Transcriptionist salaries currently range between

$25,500 (25th percentile) to $41,500 (75th percentile)

with top earners (90th percentile) making $49,500 annually across the United States.

What type of transcriptionist makes the most money?

  • TranscribeMe. Expected Pay: $15 to $22 per audio hour. …
  • GMR Transcription. Expected Pay: $0.70 to $1.25 per audio minute. …
  • GoTranscript. Expected Pay: Up to $0.6 per audio minute. …
  • Daily Transcription. Expected Pay: $0.75 to $0.85 per audio minute. …
  • Rev. Expected Pay: $0.30 to $1.10 per audio minute. …
  • Casting Words. …
  • CrowdSurf. …
  • Upwork.

Do transcription jobs pay well?

Transcription is a well-paying career with many opportunities. A

transcriptionist’s salary is generally around $15

, while an advanced transcriptionist earns around $25 to $30 per hour. With this rate, you can easily earn $1,500 every month if you work 2.5 hours per day for 24 days.

Is becoming a transcriptionist hard?


Transcription is challenging work

, but you can train from home and work from home or anywhere you have access to a computer with an internet connection. It is not, however, a get-rich-quick-while-laying-around situation.

How long does it take to transcribe 1 hour of audio?

The short answer to this question is; it depends. Generally, the industry standard for transcribing one hour of audio is

four hours

. That means you should expect any audio that is less than 15 minutes to be transcribed within an hour. Some experienced transcriptionists can transcribe files much faster.

How fast do you need to type to be a transcriptionist?

Typing speeds of

at least 65 words per minute (wpm)

are recommended for beginning transcriptionists—most seasoned transcriptionists type between 75 and 90 wpm. If your typing speed doesn’t hit those levels today, don’t worry because consistent practice can have your fingers moving faster in no time.

Can you make a living transcribing?

The average median annual income for a general transcriptionist is currently $45,000.

Legal transcriptionists can earn around $60,000

. Of course, if you start your own business and hire subcontractors while working as a project manager yourself, your income can grow well beyond these figures.

How long does it take to become a transcriptionist?

How long does it take to complete the Transcribe Anywhere program? On average, it takes students

about four months

to complete our online transcription courses.

How do I become a successful transcriptionist?

  1. Get some good headphones. Headphones are unquestionably the most important piece of equipment you’ll need. …
  2. Use automated transcription software. …
  3. Learn to touch type. …
  4. Control your accuracy. …
  5. Know your client needs. …
  6. Transcribe in comfort.

HOW MUCH DO Rev transcriptionists make?

The average Rev transcriptionist completes 15 jobs and earns

around $156 per month

, and this figure includes those just starting out. If you’re looking for a freelance opportunity that allows you to earn extra income, doing transcription online may be a good fit.

What are the requirements to be a transcriptionist?

In general, transcriptionists are required to have an

excellent command of language and grammar

, a high degree of attention to detail and a computer with high-speed internet access. Transcriptionists transcribe and edit recorded reports. There are quite a few advantages to transcription work.

How long does it take to transcribe 30 minutes of audio?

As a very broad rule of thumb, many transcribers say it takes four hours for every one hour of audio. Obviously, if you’re wondering how long to transcribe 30 minutes of audio file,

around two hours

.

Are transcriptionists in demand?

For professionals with language translation skills, the jobs outlook is especially promising, with a growth projection of 18% through 2026. However, while

demand for court reporters and language-based transcription is strong

, the job outlook for medical transcriptionists indicates less demand for this specialty.

Do you need a degree to be a transcriptionist?


You don’t need a full college degree to become

a transcriptionist, but you do need some coursework. Some community colleges offer transcribing courses, but you should look for ADHI-approved programs.

How much can you earn from transcribing?

Highest Pay

We have the industry’s best rates, with earnings

starting at $15 – $22 per audio hour

and top monthly earnings at $2,200 (average monthly earnings are $250). We also offer advancement opportunities for our Special Teams that include Medical and Specialty Styles, which pay at even higher rates!

How do I become an online transcriptionist?

  1. Be accurate. Make sure your transcripts are clean and you’ve caught every spoken word on your audio file. …
  2. Meet your deadlines. When you’re starting out as an online transcriber, it might take you longer to finish an assignment than you expect. …
  3. Advertise online.

Is Transcription a dying field?

As a career,

medical transcription is actually losing its flexibility

. … However, according to the U.S. Bureau of Labor & Statistics, the demand for medical transcription is declining. Many doctors now use mobile devices for their notes, bypassing the need for transcription.

Is Transcription a good side job?

1.

Transcribing

. If you’re a good listener and can type quickly, you could make some decent extra money as a transcriptionist. Transcription jobs usually pay between $15 and $25 an hour, according to The Penny Hoarder.

What are the four major skills needed for transcription?

  • Attention to detail. A transcriber must be constantly re-reading as they’re typing to make sure they didn’t miss anything. …
  • Google skills. Like most modern workers, a good transcriber needs to be an experienced Googler. …
  • Grammar skills. …
  • Typing.

How can I transcribe an interview quickly?

  1. Play a small section of audio at a time. Type short clips at a time. …
  2. Listen to a paragraph or sentence as a whole. Remember that the context of what is being said is important. …
  3. Write a draft, then listen again. …
  4. Edit it afterwards. …
  5. Summing It Up.

How much does transcribe anywhere cost?

How much does Transcribe Anywhere cost? The

general transcription course is $597 and the legal transcription course is $697

. If you take both courses, you can get it for a discounted price of $1097. There are also payment plans to help break up the cost.

How old do you have to be to be a transcriptionist?

You must be

at least 14 years old

to work with us. If you’re under age 18, you will need a parent or guardian to provide a PayPal account for you.

Is TranscribeMe legit?

Overall,

TranscribeMe is legit

and can be a great addition to your existing income as a part time job where you have a flexible work at home job. … Glassdoor gives TranscribeMe a 4.1 star overall review, among other work at home jobs. There are many higher-paying jobs out there, or you can build up your own business.

Which is the best transcription company to work for?

  1. SpeakWrite. Rate Info: $0.005 – $0.006 per word. …
  2. Transcript Divas. Rate Info: Average of $1.39 per audio minute. …
  3. Speechpad. Rate Info: $0.25 – $2.50 per audio minute. …
  4. Averbach Transcription. …
  5. Transcription Outsourcing LLC. …
  6. TranscribeMe. …
  7. Daily Transcription. …
  8. Tigerfish.

How much can you make transcribing online?

According to Payscale, the

average hourly rate for a transcriptionist is $16.33

. Beginners who do general online transcription may only earn about $10 an hour or less, but there’s potential to earn over $25 an hour as you gain experience and enter into higher-paid specialties.

Why do you want to work as a transcriptionist?

Flexible schedule.

Working as a freelance general transcriptionist

allows you to set your own hours

. This also empowers you to take control of your personal and career calendars. It’s totally up to you whether you prefer to work during the day or night time and how long. You get to decide when to take breaks too!

How can I make money transcribing from home?

  1. 5 Platforms Where You Can Earn Money by Transcribing Audio. Rates, test systems, and my experiences with listening to people talk and writing it down. …
  2. QA World. In this platform, transcribers are hired as analysts. …
  3. Rev. …
  4. TranscribeMe. …
  5. GoTranscript. …
  6. Upwork.

Is TranscribeMe vs Rev better?


TranscribeMe scored higher in 6 areas

: Overall Rating, Career Opportunities, Senior Management, Culture & Values, CEO Approval and Positive Business Outlook. Rev.com scored higher in 3 areas: Compensation & Benefits, Work-life balance and % Recommend to a friend.

Jasmine Sibley
Author
Jasmine Sibley
Jasmine is a DIY enthusiast with a passion for crafting and design. She has written several blog posts on crafting and has been featured in various DIY websites. Jasmine's expertise in sewing, knitting, and woodworking will help you create beautiful and unique projects.