10 Best Ways to Make Money Online Transcribing in 2022

Make Money Online Transcribing

Making money online transcribing is one of the major and lucrative jobs that many have neglected over the years or paid little attention to. The truth is that whether you are thinking of a new career or you are just looking for some pleasurable activities, there are plenty of online companies that are offering transcription jobs. 

Making money transcribing online does not in any way require much, as long as you have a laptop and decent typing skills. You can earn real money transcribing online depending on how fast you learn even in the process.

This is one of the many jobs one can do in the comfort of their home anywhere in the world without stress. And when it comes to transcribing jobs, there are countless places you can look out for online. 

This article will outline and explain different ways to make money online by transcribing and the companies that will help you utilize your skills effectively and pay you well. You can also read more on transcribing platforms to see how they work.

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Ways To Make Money Online Transcribing

Here are sure ways you can make money transcribing online:

1. Appen: 

Also known as Appenscribe, this company focuses on helping other companies use machines to streamline their business.

This is one company that will help you make money transcribing online, because it has jobs posted all around the world, with many that require you to be in a particular location or a particular language. 

This company provides good positions where you can comfortably make money transcribing from home.

2. GMR Transcription: 

This is another place where you can make money by transcribing online. The particular thing about this company is that they only accept US-based applicants. 

Another thing includes the fact that you need to have a foot pedal, MS office, high-speed internet, and an earphone.  The company does not require you have any previous experience.

After you have undergone the probationary period, which will include passing an exam, you need to transcribe at least 4 audio hours every month.

While you can stay comfortably in your home for this type of job, it’s important to know that GMR Transcription has a steady amount of work available year-round to help you meet your quota. You can get a transcription job from home with GMR Transcription.

3. Go Transcript: 

As my friend always says to his students, one thing about general transcription work is that it builds your overall skill set and exposes you on a greater scale. 

Go Transcript is exclusively a transcription company where you can make money transcribing online. It offers audio, text, video, captioning, and translating transcription services.

Currently, if you want to work with Go Transcript, you have to create a profile on their site, fill out an application and then wait for them to approve you. 

When this is done, you will have access to many listening, which can range from book reports to court hearings, once you are approved. 

To make money transcribing in this company, only an expert understanding of English and the ability to type quickly and proficiently is of paramount importance.

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4. Quicktate

In Quicktate, workers earn about $9 per hour. And if you have a flexible schedule and can handle fast turnaround time, then Quicktate is a big and important choice for you.

Quicktate renders so many services, such as an audio transcription service, for those who need help with calls, legal recording, and medical recording.

If you really want to make money online transcribing, it is important to know that they hire general transcribers to work from home regardless of your experience level and are always to those willing and ready to train those starting in transcription.

More so, transcribers that are hired by Quicktate are expected to transcribe several documents as assigned by the company. In Quicktate, transcribers are not employees but are independent contractors who are allowed to set their schedules.

This implies that you can work flexibly during times that work for you. This company is always open for business 24 hours per day and 7 days per week.

5. Scribie

Scribie is an online transcribing company that offers manual and automated transcription services. It offers a great opportunity to augment your income by transcribing audio files.

The work here involves listening to the audio file and typing it accurately as quickly as possible. Making money online transcribing with this company requires you to have good listening skills and typing accuracy. 

Other skills you need to transcribe online involve good comprehension of English, the ability to interpret conversations, the ability to apply context and identify mistakes, a verified PayPal account, a good laptop/ desktop computer, an internet connection headphones, etc.

You can also read more about Scribie transcription here for more information.

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6. Rev: 

Another place where making money transcribing online is possible is in Rev. It is a cutting-edge transcription service that uses Al-powered software to streamline the process. It is one of the biggest and most well-known transcription companies that seem to be hiring new applicants. One thing about this company is that it has a reputation for low pay, about 30 cents to $1.10 per audio or video minute.

In this company, you don’t need any job experience to make money transcribing online. Although you have to pass a test, Rev also has an option for video capturing work, which pays from 54 cents to $1.50 to $3 per audio.

But if you want to get started at Rev and have a completely flexible schedule while you are learning and building your skill, it might be a good one

7. Daily Transcription: 

Daily transcription provides the training you can learn as you go while making money online, and it pays weekly via check. Its major focus is on video and television transcription. The skill requires an assessment test and a transcription test. 

To get started, you must have accurate typing skills. As long as you are a legal-aged citizen of the US or Canada, you can apply even without previous experience as a transcriptionist. 

You must understand that you will have to pass the transcription test and skill assessment test. You can also know about daily transcription here.

8. Allegis:

If you decide to take the legal version of Transcribe Anywhere course, this company would be fit for you. Allergies specialize in all sorts of industries including insurance and legal transcription. For those who are ready and willing to make money online transcribing, it is important to know that the company sometimes posts openings for the novice who has no transcription experience.

The amount of money earned transcribing depends on how fast and accurate you are in completing your assignment. Allergies don’t provide pay rates on websites; rates are directly proportional to the client content.

Hourly pay ranges from $2 to $36 for transcribing job, but most times you can expect to make $15 to $20 per hour if you can type 100 or more words per minute.

9. Syncscript:

This Company is different from most of the other companies mentioned. Considers if you are looking to get your feet wet in the transcription industry for those interested in making money transcribing, you also know that sync script, pay rate isn’t impressive, but higher than some companies, starting at 57 cents or 63 cents per audio minutes based the assignment type.

The beautiful thing about this company is that it’s always running ads that will enable them to hire new transcriptionists. Another important thing is that sync script transcription requires a typing speed of 701 words per minute and 98 percent accuracy. And when you join the team, you are asked to be available to transcribe a minimum of three audio hours per week.

10. Transcriptionservice.com:

 Transcribing online with this company requires that you pass a 10 minutes test to join the team and there is pretty challenging audio.

This company does not entertain those without experience. The difficulty of the test permits that it is only well suited for those who already have some experience with online transcription jobs under their belts.

For those who have worked at Transcriptionservice.com, transcriptionists who work with this company have complete flexibility to set their schedule with no production commitments. It is not certain to know the amount of money they pay, but it is used to start at $25 per audio hour for very clear audio up to $50 per audio for the most challenging audio.

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What are the skills and equipment needed to be a transcriptionist?

Transcribing for a company is different from other things you see out there because it requires you to be trained, as well as experienced. Some of the skills and equipment needed include accurate typing which will help limits mistakes while carrying out a task.

Another is having the ability to be fast when typing to deliver on time and increase your earnings. Reliable internet connection to stream the audio and video you will be transcribing.

Other things needed are good headphones, a strong understanding of the English language, and familiarity with style guides.

How can you earn enough from transcribing to make a living?

The truth of the matter is that earning enough is dependent on some factors like experience, which has to do with work where you live and how fast you can work.

If a company pays $60 for an audio hour, a beginner would earn $10, while an experienced transcriptionist would earn $15 per hour. Anywhere you are around, this pay may or might not be enough to live on.

In most cases, transcribing online may not be enough to make a living for beginners. But as you keep working and developing your skill to gain experience, you will be able to work faster and without doubt get a higher rate to help you make it your main source of income.

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

This depends on a lot of factors like your hearing skill, typing speed, audio quality, subject matter familiarity, and more.

But if you are a beginner, it is expected that you take 6 hours to transcribe an hour of decent audio with rational speakers, while an experienced transcriptionist might take 4 hours or even less.

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FAQ

What is Transcribing?

Transcribing is one of the major and lucrative jobs online wherein people can make money.

How can I make money online transcribing?

By joining online agencies that make provisions for transcribers connect.

Where can I make money online Transcribing?

There are countless platforms where you can go and make money transcribing. They are; Transcriptionservice.com, Syncscript, and Rev.

Conclusion

In conclusion, you can make money transcribing, and making it a full-time job can be helpful. This does not mean that seeing it as a side hustle will not be good. But, understand that this job requires you to have good skills and as well as good experience to be proficient and earn high.

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