Transcription jobs from home are a popular way to earn money, and many companies offer remote opportunities in this field. In transcription, workers listen to audio or video recordings and type them out into written form. This work can vary widely, including medical, legal, and general transcription, each with different pay rates and skill requirements.
Here’s a list of some top companies that offer transcription jobs, along with average income estimates:
1. Rev
- Website: rev.com
- Job Types: General transcription, captions, subtitles, and translation.
- Pay: Typically $0.30 to $1.10 per audio minute for transcription. This translates to around $240 to $960 per month for part-time work, depending on experience and how much work you take on.
- Notes: Rev allows workers to choose jobs they’re qualified for. It’s known for flexibility, though pay can fluctuate depending on demand and skill level.
Want to learn more about Rev? Find out how Sarah makes $500 per week!
2. TranscribeMe
- Website: transcribeme.com
- Job Types: General transcription and specialized transcription (medical and legal, with additional certifications).
- Pay: Transcribers start at about $15 to $22 per hour of audio transcribed (which translates to approximately $200 to $700 per month depending on speed and available work).
- Notes: Pay per minute of audio can be lower initially, but you can increase your rates as you gain experience.
3. Scribe Media
- Website: scribemedia.com
- Job Types: Specializes in transcription for books, podcasts, and interviews.
- Pay: Offers competitive rates, typically ranging between $25 to $50 per hour of transcribed content.
- Notes: Scribe Media has a high bar for hiring, requiring candidates to pass a transcription test. However, the pay can be higher than many other transcription services.
4. GoTranscript
- Website: gotranscript.com
- Job Types: General transcription, including medical and legal transcription.
- Pay: Average pay is about $0.60 to $0.90 per audio minute. This translates to approximately $300 to $1,500 per month based on the number of hours you work.
- Notes: GoTranscript offers a flexible schedule and allows transcriptionists to choose from various types of transcription work. There’s also a rating system to help increase pay based on your performance.
5. CastingWords
- Website: castingwords.com
- Job Types: General transcription, with an option to work on medical and legal projects.
- Pay: The average pay is about $0.40 to $0.80 per audio minute. This could mean $200 to $1,200 per month depending on workload and speed.
- Notes: You are paid per minute of audio transcribed, and pay increases with your level of experience and accuracy.
6. SpeechPad (now part of Rev)
- Website: rev.com
- Job Types: General transcription, captioning, and translating.
- Pay: For transcription, rates are typically around $0.25 to $1.00 per audio minute, which equals $200 to $1,000 per month depending on workload.
- Notes: SpeechPad is known for its user-friendly platform and flexibility. Since it’s now a part of Rev, the payment and job structure will be similar to Rev’s offerings.
7. Daily Transcription
- Website: dailytranscription.com
- Job Types: Specializes in transcription for video, media, and entertainment, including captions and subtitles.
- Pay: Pay for transcription is usually around $0.75 to $0.95 per audio minute. Full-time transcribers can earn approximately $500 to $2,000 per month, depending on speed and availability of work.
- Notes: It can be hard to land a job here, as they tend to prefer experienced transcribers. However, they pay relatively well for those who qualify.
8. Tigerfish
- Website: tigerfish.com
- Job Types: General transcription.
- Pay: $0.75 to $1.25 per audio minute is the typical rate, which can yield $300 to $1,500 per month depending on workload and transcription speed.
- Notes: Tigerfish requires you to take an entrance test, and their work is known for being more challenging compared to entry-level transcription jobs.
9. WeLocalize
- Website: welocalize.com
- Job Types: Transcription, translation, subtitling, and content review.
- Pay: Pay for transcription can vary widely, but on average $10 to $25 per hour of work, depending on experience.
- Notes: WeLocalize offers various types of work and often hires transcribers with language skills, offering extra pay for bilingual tasks.
10. Verbal Ink
- Website: verbalink.com
- Job Types: General transcription, specialized in media and legal transcription.
- Pay: Transcribers typically earn $0.75 to $1.00 per audio minute, translating to about $300 to $1,500 per month.
- Notes: Verbal Ink requires transcriptionists to pass a test to be considered for hiring, but it’s known for offering stable work once you’re in.
How Much You Can Earn
Your earnings as a transcriptionist will depend on several factors:
- Experience: Beginner transcriptionists may earn less per minute of audio, but they can gradually increase their pay rate as they improve speed and accuracy.
- Specialization: Medical and legal transcriptionists tend to earn higher rates than general transcriptionists.
- Work Volume: The more hours you work, the more you can earn. However, transcription is often paid by the audio minute, not by the hour, so your income depends on your transcription speed and the complexity of the content.
Average Monthly Income:
- Part-time transcribers: Expect to make anywhere from $300 to $1,500 per month working a flexible schedule.
- Full-time transcribers: It’s possible to earn between $1,000 to $3,000 per month, especially if you specialize in fields like medical, legal, or technical transcription.
Tips for Maximizing Earnings
- Specialize: Medical and legal transcription jobs pay more than general transcription work.
- Increase Speed: Faster typing and familiarity with transcription software can boost your productivity and earnings.
- Gain Certifications: If you’re interested in specialized fields (like medical or legal transcription), earning certifications can open up higher-paying opportunities.
Overall, transcription is a flexible way to earn income from home, but the amount you make will depend on your skills, the amount of work you take on, and how quickly you can transcribe audio.