All beginnings are hard, and starting an online transcription job is no exception. There are many transcription jobs available online but finding the best one requires a lot of research.
So, if you want to find the best online transcription jobs for beginners, you should stick around as we will unveil all the things you need to consider before applying, as well as the highest paying jobs on the market.
In today’s article, we will also highlight some of the best transcription companies to work for and go through their advantages and disadvantages.
The most important thing you need to focus on is finding legitimate companies that will pay you for your work. There is nothing worse than wasting your time with scammers that will not pay you a dime.
We will focus on different questions used as a guide to finding the best online transcription jobs for beginners, such as how much they actually pay? Are these companies actively hiring? And what is their overall feedback?
Best Transcription Job Companies to Go For
Go Transcript has achieved positive feedback from freelancers that decide to work with this company.
The best thing about Go Transcript is the amount of work.
It is hard for a beginner to land a job, especially if the company has few hiring options (they usually go with more experienced).
However, with Go Transcript, you will get your chance no matter what’s your experience.
Now let’s address the elephant in the room.
Go Transcript offers $0.60 per audio/video minute.
So, what does this mean? How much will you earn per month?
Some professionals capable of writing around 60 words per minute can earn up to $36 per hour. But as a beginner, it is almost impossible to achieve that many words.
A beginner can take up to 6 hours for a 1 hour of video/audio from our experience. This brings down the hourly rate to $6.00 per hour.
It is pretty unusual to start a review with a drawback, especially since this company made it to second place on our list.
However, GMR Transcription doesn’t provide the pay rates until you’re hired.
They claim that the pay rate is based on many things, such as the number of speakers per file, turnaround time, and audio quality.
Based on people’s reviews, transcribers working for GMR earn from $0.75 to $1.00 per audio minute, translating to $45.00 to $60.00 per audio hour.
So, as a beginner, you should expect an average pay rate of $7.5 to $10.00 per hour.
GMR Transcription is one of the best companies in the industry and performs very well based on people’s reviews.
They provide flexibility by allowing you to choose the transcription assignments you think you can finish.
One thing to note before starting to work with GMR is that they have a probation period.
This means that you must have at least two hours of audio work before you can get paid.
Also, you need to finish at least four hours of audio each month to keep your account active.
This company is like an entry-level for people who are just entering the transcribing world and people based in the USA or Canada (only). There are no restrictions on the turnaround time, and you don’t need to have super-sonic writing speed.
The best thing about Daily Transcription is that they provide a training video showcasing the writing styles that they expect you to write and many practice jobs before you start earning money.
That’s why they are one of the best transcription companies for beginners.
In terms of payment, their pay rate varies from $0.75 to $0.85 per audio minute, which is from $45.00 to $51.00 per audio hour. If we take into account that it will take 6 hours for a beginner to transcribe an hour of audio, the pay comes down to $7.5 to $8.5 per hour, which is decent enough compared to other companies.
Rev is a company that has been in this business for a long time.
In fact, Rev used to be one of the leading transcription companies in the world. There are few job opportunities offering a different pay rate.
On average, you should expect from $0.3 to $1.10 per audio, depending on the type of work you accept. This results in a pay rate of $3.00 to $11.00 an hour.
The best thing about Rev is the automatic Monday cash out via PayPal. This means that you will get your money from the previous work week every Monday.
There are quite a few negative feedbacks from people regarding poor management and the lack of work available for freelancers. But despite that, Rev is a legitimate company that is worth the investment.
In order to work for Rev, you need to pass the 10-minute grammar test, which is not that hard, and if you fail, you can try again after 45 days.
If this platform sounds interesting, make sure you read our full Rev.com review.
If your primary concern is a higher pay rate, it would be difficult to find a company that pays more than 3Play Media.
However, there is more to it than just the hourly pay.
First of all, 3Play Media provides long training, which is a good thing for beginners. Another thing to consider is that you will be required to type at least 75 per minute, which is why you need the training.
Like many other transcribing companies, you have to pass the test before qualifying for transcription jobs.
They have a rather strange system for paying by project, but that averages out at $10.00 to $30.00 per hour, which is considered a high pay rate for this industry.
This is a good company to go for if you want a flexible working schedule. Dictate Express allows you to choose when you want to work, but you have to be able to finish at least 45 audio minutes per day. Most of their work is related to law enforcement, so you have to be prepared for what you’re getting yourself into.
They also have other requirements you need to fulfill before you are eligible to make money, such as:
- Windows 7 or newer version
- Microsoft Word 2003 or newer
- High-speed internet
- Intermediate skills using the software mentioned above as well as email and internet
There are a few tests that you need to pass before you can start making money. The four tests will grade you on comma use, spelling, use of confusing words, and a 4-minute audio transcription test.
In terms of pay, they don’t share how much you will receive for your work. However, from our research, you should expect a pay rate of $0.03 to $0.07 cents per line. Apparently, Dictate Express uses voice recognition software to speed up the process, and they need human input only for the complicated parts.
Transcription Wing is a medical transcription company that pays a higher rate than the average entry-level transcription companies.
Even though this is a medical transcription company, their requirements are not too complicated, and you can finish all tasks even as a beginner. There isn’t too much information about Transcription Wing, but we know that they don’t require too much experience for applying.
Their pay rate goes up to $0.60 per recorded minute, which is around $9.00 for an average beginner.
Finding transcription companies is more difficult than you might expect. The most difficult thing for beginners is determining the direction they should go.
Choosing the best transcription company is also much more difficult, especially with all the scams that swim on the internet’s surface. However, you will avoid a lot of trouble and waste time by following this guide.
If it sounds too good to be true, you should run in the opposite direction. If you don’t think that doing online work is your thing, try flipping furniture as a side hustle.
These are the base prices and requirements in the industry, so rate the transcription company based on their reputation, not for what they are paying.