How much do work from home transcriptionists make?
Work From Home Transcriptionist Salary
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $110,500 | $9,208 |
| 75th Percentile | $78,000 | $6,500 |
| Average | $58,441 | $4,870 |
| 25th Percentile | $27,500 | $2,291 |
How do I become a transcriptionist from home?
Steps You Need to Take to Become a Transcriptionist
- Step 1 – Choose One of the Specialized Transcription Fields Above. If you’re set on being a transcriptionist, it’s time to put your specialist knowledge to good use.
- Step 2 – Establish Your Online Presence.
- Step 3 – Look for Gigs.
- Step 4 – Become a Transcriptionist.
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.
How long does it take to transcribe a 1 hour interview?
Making the interview transcription yourself takes approximately 5 – 6 hours for 1 audio hour. This option is the cheapest one but also the most time-consuming.
Is TranscribeMe easy?
It’s easy to sign up for, flexible to your schedule, and available all over the world. Depending on your typist skills and how many words per minute you’re able to write – TranscribeMe may be a good option for a stay at home mom.
What is the hourly rate for transcription?
Generally you can expect to pay 75 cents to $1.50 per audio minute for transcription services. Some transcriptionists charge an hourly rate of $15-$30.
What is the best transcription company to work for?
The Best Transcription Jobs
- SpeakWrite. Rate Info: $0.005 – $0.006 per word.
- Transcript Divas. Rate Info: Average of $1.39 per audio minute.
- Speechpad. Rate Info: $0.25 – $2.50 per audio minute.
- Averbach Transcription.
- Transcription Outsourcing LLC.
- TranscribeMe.
- Daily Transcription.
- Tigerfish.
What is the going rate for transcription per page?
Most general and insurance transcription companies are in the $1.25 to $1.50 per page range.
What should I charge for transcription?
The average price charged by transcription businesses in the UK for standard two speaker interviews, conversations or discussions is about 90p to £1.50 per minute, although for a traditional transcription business this price will very much depend on the turnaround time.
What is the industry standard for transcription?
The short answer: The industry standard is four hours of transcription time for one hour of clear audio, or a 4:1 ratio – that is, one hour of transcription time for a 15-minute-long recording.
How much should I charge for typing per word?
For North America-based typists, standard hourly rates range from $25-40 USD for straight typing. Finally, some typists charge per word. During my research, I noted rates of up to 5 cents per word for straight typing. Not all document typing jobs are the same.