If you are here, it means you are looking for the ways to make some money transcribing. In other words, you are looking for transcribe jobs.
Well, you are at the perfect podium. Earlier, I already discussed most popular ways to make money including starting a blog. In this article I am gonna talk about the best transcription jobs including work from home. And yes, you can actually make money transcribing. You might be interested to do transcription in Hindi or perhaps you might be looking to do transcription in English language. Whatever it be, I will be covering them in detail.
I will show you how you can make money transcribing (doing transcription jobs). Also, I will tell you about best transcription jobs that you can do from home as well.
What Is Transcription?
Have you ever thought of extracting texts from audio? Do you think it’s possible? Have you ever heard of jobs that pay you to extract texts from audio?
I believe you have! It simply means that you are familiar with transcription.
According to the Dictionary of Cambridge, there can be 2 possible definition of Transcription:
- A written record of words or music: This is a phonetic transcription of the conversation that were recorded on tape.
- The process of transcribing something: To record something written, spoken, or played by writing it down.
Transcription is one of the easiest ways to make some extra money. For students and stay at home moms, this is one of the best ways to make some extra cash from home.
Types Of Transcription Jobs
There is a huge number of transcribe jobs available to do. You can choose one as per your choice and skills. Although, it is not necessary for you to know them in detail however having a basic idea will help you transcribing and make transcribe jobs easier for you. So Let’s have a brief idea about them:
Financial transcription is one of the highest paying and best transcription jobs. As the name suggests, it involves making summaries of talks on financial matters. It could be a talk between financial experts, economists, banking professionals etc. This job is best suited to someone having basic understanding of banking and finance.
2. Academic Transcription
Academic transcription includes transcribing everything related to academic like classroom and conference recordings, dissertation materials, research notes etc. Anyone with basic knowledge and understanding of academic terms can do this job.
3. Interview Transcription
Interview transcription includes transcribe job interviews, research interviews, media interviews, and more. It is best suited to someone having journalism background, however it is not necessary.
4. Legal Transcriptions
Legal transcription is also one of the highest paying transcription jobs. It might involve making summaries of talks between attorneys and their clients and legal debates etc.
5. Medical Transcription
Medical transcription jobs are arguably the most popular transcription job among all. Under this job you need to make summaries of talks between a doctor and patient, surgeons during an operation, Emergency Medical Services (EMS) and other healthcare providers. This job is easily available and is high in demand. This job is best suited to someone having medical background however this is not necessary.
6. Technical Transcription
As the name suggests, you need to transcribe talks between technical professionals like engineers, technical experts, and more like them. Having a technical background is best for this job. But one can do that without having a technical background. All you need is to understand technical terms.
7. Business Transcription
Business transcription is not that popular till date however you love doing that if you love business. You need to transcribe board meetings, interviews, focus groups, etc. No such qualification or skills are required for this job. If you are interested and have understanding of business terms, you can go for it.
8. Market Research Transcription
It involves transcription of focus groups, interviews, opinions polls, and more.
You don’t actually need to have any specific qualification or experience for doing these transcription jobs. However, it is undoubtedly good for you if you have the same background as of these jobs. It can significantly boost you efficiency.
Now, you already know whether or which of these transcription jobs is best for you. But you might be wondering how to grasp these jobs and also, what are the requirements to perform these jobs. So let’s talk about them one by one.
Requirements To Perform Online Transcription Jobs
You might get surprised to know that you don’t need anything special for transcribing. you just need a few common things like:
- A laptop or PC.
- A good and reliable internet connection
- A good quality microphone and/or speaker.
- Some valid ID proofs to show the job providing companies for the verification.
Most probably, you should have all of them. If not, you can get one easily.
Qualities That Will Help You
- The first and foremost quality is your fluency in the language you are transcribing.
- Being detail oriented and ability to research.
- A decent typing speed in the language you are transcribing.
- Good listening skill. As Transcribing requires you to listen very carefully before you transcribe, a good listening skill will really help you.
- Exceptional grammatical and punctuation skills. You should be quite good at grammar and punctuation and avoid any grammar mistakes.
- Your knowledge in the particular field you are transcribing like Medical transcription, Financial transcription etc.
Now, you have all the details that can make you a great transcriptionist. So, the next step is to find an online transcription job. For that, let’s have a look at sites offering transcribe jobs from home.
Sites To Find Best Transcription Jobs (Online)
Here is the list of websites offering genuine high paying and best transcription jobs to beginners as well as experienced individuals:
SpeechPad is one of the best website offering high paying and best transcription jobs. Whether you are a beginner or experienced, this will suite both. What I love about SpeechPad is their customer service. It’s simply great. Specially if you are an experienced individual in the field of transcription, you must try SpeechPad. And guess what, you can easily earn $50+ per assignment as an experienced individual.
You will be provided with excellent support staffs and a nice company to work with.
- Outstanding support staff.
- High payout for experienced individuals.
- Easy to use interface.
- Great place to learn and earn.
- A little bit difficult for beginners as competition is high.
- Only one mode of payment that too weekly.
Rev is one of the best transcription jobs and service provider. They are known for offering flexibility to the workers. They allow you to choose project as well as schedule. What I love about Rev is, they offer training for new transcribers. Also, they provide feedback on a regular basis to improve your work. as well as building your transcription career. Rev is definitely one of the websites that offer a good learning and working environment.
Before joining Rev, you need to pass a skill test which is designed to assess your proficiency in the field. In case you are unable to clear the test in 1st attempt, you can retry after a period of 45 days.
You can expect to earn upto $40 an hour if you are really doing well. The payment is made via PayPal every Monday.
- Excellent support staff.
- Good and on time pay.
- Steady work.
- Only one mode of payment
- Some complaints of sudden account closure.
In the list of best transcription jobs provider, TranscribeMe is my favorite for beginners. You don’t have to pay anything for joining. It’s completely free. I will highly recommend this one for the beginners.
You need to complete an assessment before getting accepted as a freelancer. Once done, you can expect to earn minimum $0.75 per minute of transcribing.
- Best for beginners without any doubt.
- Easy joining process.
- PayPal is the only mode of receiving payment.
Quiktate is another name in the list of best transcription jobs provider. You will get a number of options to transcribe including conference calls, legal files, medical files etc.
You need to pass an assessment to get employed. It basically analyse your typing speed, command over the particular language etc.
If selected, you can expect to earn anywhere between $5/hour to $10/hour.
GoTranscript offers one of the best transcription jobs in the industry. At the same time, the pay is quite decent. The site offers various projects.
But you must transcribe a video before joining this one. The pay rate is about $0.6/minute of transcription. If interested, you can go with this one as well.
Although UpWork is a general freelancing marketplace, it offers transcription jobs as well. There are a few things I love about UpWork like-
- You can directly contact with the client and negotiate the pay as well.
- Project is available consistently.
- Opportunity to work with satisfied clients in future.
- Flexible payment modes.
But you might want to avoid it because of low pay.
Again a freelance marketplace providing best transcription jobs to the people from comfort of home. Peopleperhour is very similar to UpWork in almost every aspect. So I am avoiding going into detail again.
If you are an experienced individual, you might want to go with SpeakWrite. SpeakWrite is truly a good platform for experienced individuals.
So, these are the top companies offering transcription jobs from home. There are a lot more like Tigerfish, CastingWords, Daily Transcription etc. but I will recommend you opt for any one of the above 8 that suits you the best.
In case you have any doubt or query, do comment below.
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