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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. According to PayScale, the median transcriptionists' salary is $15.22 per hour.
It is possible to earn money from home transcribing with no previous experience. However, the transcription pay on sites like Scribe is really low. Here's what I mean: Lots of transcriptionists go by the 1:4 rule, meaning 1 hour of audio should take 4 hours to transcribe.
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.
The Experience is Worth it Transcription sites are fine when you're looking to earn pocket money. But if you're desiring full-time employment, use them to gain experience. They look at your experience, your work ethic and offer much better pay.
When looking at Transcribe Me pay, you can expect 33 cents for every audio minute you transcribe. When you work basic calculations on this, you can earn up to $15-$20 per audio hour. However, if you are very accurate, there is a $2 bonus per hour that will boost your maximum earnings as a newcomer to $22.
Sphalerite. Sphalerite is one of the best transcription companies to work for, but you'll need a little of experience. 1-888-Type-It-Up. Speech pad. Transcribe Me. Daily Transcription. Tigerish. Casting Words. GMR Transcription.
The average person can transcribe one audio hour in about 4 hours. It takes most people about one hour to transcribe 15 minutes of a clear, slow audio file.
How much time does it take to transcribe an hour of audio? 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.
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