Are you good at typing and want to monetize it as fast as you can? In that case, transcription might be the perfect job for you!
We have gathered the six best companies where you can obtain a transcription job and get paid for your typing speed. Read on to narrow down your options and find your dream gig in no time!
Best Transcription Jobs in 2023
Where to find the best transcription jobs:
Top 6 Places to Find Transcription Jobs
Here are the six best places to find transcription jobs in the United States. Choose the one you find the most suitable for your abilities and needs!
1. SpeakWrite
SpeakWrite is one of the most prominent companies in the transcription industry. With more than ten years of experience in the industry, they gained the reputation as the best place for those seeking different types of online transcription jobs.
In terms of money, SpeakWrite can increase your income consistently. The average freelance transcriptionist at SpeakWrite can earn up to $3500 monthly.
The company offers $5 per 1,000 words, with a 10% bonus for some shifts. Payments are made twice a month. You can either receive a check or a direct deposit.
Pros of SpeakWrite
- Pays in checks and direct deposits – financial instruments that don’t require you to pay a commission.
- Ideal for those who want to work with legal texts, as the company was founded by Richard Jackson, who ran a law practice clinic.
Cons of SpeakWrite
- Won’t hire you as a freelance transcriber if you can’t prove at least one year of transcription experience and excellent grammar and spelling skills.
2. TranscribeMe
TranscribeMe, founded in 2011, is a leading transcription platform specializing in 100% remote daily transcription.
The company is headquartered in San Francisco, California, but has an office in New Zealand and a division in Japan. They work with heavy accents and foreign languages.
TranscribeMe has an average rate of $15 per audio hour. This setup makes you work quickly and accurately, as you can double or triple the average payment rate by doing the job a little faster.
Some projects will also pay you more than the average. The pay can get up to $100 per audio hour.
Pros of TranscribeMe
- Accepts inexperienced freelance transcriptionists.
- Requirements for transcribers only include a high-school diploma, a high-speed internet connection, and an excellent command of the English language.
- Allows you to earn a higher rate after gaining experience, with pay that gets up to $150 per audio hour.
Cons of TranscribeMe
- Works on a first-come, first-served principle.
3. Casting Words
Founded in 2005, Casting Words has quickly climbed the world of audio transcription, becoming one of the most prominent players in the game. The company was first established to connect freelance transcribers with customers worldwide but has grown immensely.
Casting Words has a base pay of $1 per audio minute. However, if you’re an experienced transcriptionist, you’ll earn much more than that.
The company has a quality control team in place. They give grades, from 0 to 9, for every audio file you do. You’ll earn triple the base rate if you get the maximum grade.
Pros of Casting Words
- Has a clever badge system that determines how many assignments an active transcriber can get.
- Pays every Friday in a wide range of financial systems.
Cons of Casting Words
- Abundant feedback from different people can be overwhelming.
4. Transcript Divas
The company was founded in 2013 by Andrew Dodson, a former social researcher and entrepreneur. Today, Transcript Divas is one of the biggest transcription companies worldwide, working closely with various industries, including courtroom files, legal documents, and medical transcriptions.
Transcript Diva pays between $0.84 and $2.98 per audio minute, with an average rate of $1.39 per audio minute. These rates can be translated to a rate of $10.42 to $27.80 per hour.
Pros of Transcript Divas
- Accepts transcribers worldwide.
- Anyone who is fluent in English and has a great level of accuracy can apply.
- The company got great reviews from professional transcriptionists who have worked or are working with it.
Cons of Transcript Divas
- Workflow can get pretty low, especially for legal transcriptionists.
5. GMR Transcription
If you are one of the few experienced medical transcriptionists in the United States, a job at GMR Transcription might suit you perfectly. Founded in 2004, the company specializes in high-level medical content. Hence, the team’s experience and skills are at the highest level.
GMR Transcription states that you can earn from $1,000 to $3,000 per month.
Pros of GMR Transcription
- Despite specializing in medical audio and video files, other topics are available.
- Complex and difficult tasks have better pay.
Cons of GMR Transcription
- Has extremely high-quality requirements for transcriptionists.
6. 3Play Media
Founded in 2007 by four MIT graduates, the firm’s primary goal is to provide affordable services to make videos accessible for everyone. Today, 3Play Media is headquartered in Boston, Massachusetts, and provides services for big companies like Procter and Gamble.
You can earn from $10 to $30 per hour as one of its online transcribers. However, the realistic rate for a newbie would be $10, whereas the more experienced transcribers can earn up to $30 per hour.
Pros of 3Play Media
- Provides one of the highest earning potentials for remote transcriptionists.
- Serves a diverse clientele, from government agencies to notable companies like Procter and Gamble.
Cons of 3Play Media
- Transcription tasks might also involve editing work.
What You’ll Need to Do at a Transcription Job
Transcriptionists listen to audio recordings and convert them into written documents. You’ll have to write down every word you hear in a recording, proofread the document you get and send it back to the client.
You’ll work in different industries, but the most common ones are legal, healthcare, journalism, and market research.
Tips to Succeed at a Transcription Job
Here are some tips that might help you become a more skilled transcriptionist and increase your hourly rate.
1. Develop Strong Listening Skills
Transcription work heavily relies on your ability to understand spoken language. Practice active listening by paying close attention to the audio or video material, even if it’s in challenging accents or contains technical jargon. Experiment with different dialects in your spare time. It’ll help!
2. Use the Right Transcription Software
Efficient transcription can help perfect your imperfect transcription. Utilize transcription software or tools that suit your workflow. These tools can help you control playback speed, insert time stamps, and manage playback
3. Constant Practice
The more you practice your sample transcriptions, the better you’ll be at it, especially regarding legal transcription. Over time, you’ll develop the best techniques and strategies for you.
Similar Jobs
- Voiceover Jobs: A voiceover artist is a professional who uses voice to provide narration or add vocal characters to various forms of media. On average, a voiceover actor can earn up to $84,000 annually.
- Personal Assistant Jobs: A personal assistant is responsible for providing administrative support and assistance to individuals or groups. On average, a personal assistant can earn up to $44,000 per year.
- Graphic Design Jobs: A graphic designer is a creative professional who uses visual elements to communicate messages, ideas, and information. On average, a graphic designer can earn up to $56,000 per year.
Frequently Asked Questions
Are Transcription Job Hard?Â
Transcription jobs are difficult, as they require precision and speed. Audio recordings often have poor quality, meaning the transcriber should deliver an accurate transcript despite all these difficulties.
It can also get mentally difficult, as you might have to listen to court recordings where people talk about all the atrocities they did.
What Skills Should a Transcriber Have?Â
You should have impeccable English language skills. Grammar, spelling, punctuation – it should all be perfect. You should also have an ear for details, good multi-tasking abilities, and perfect time management.
Wrapping Up
To sum up, if you want to become a transcriptionist and earn great money typing different texts, these companies are the best place to start.
If you liked this article, don’t forget to comment and suggest what job roundup we should do next!
