The transcription industry is expected to grow at a CAGR of 5.8% from 2022 to 2025 according to Allied Market Research.
This growth rate is impressive compared to many other industries and demonstrates the increasing need for such services as well as the popularity of this career choice for those that do it.
Many people choose transcription as a way to escape what they might consider a mundane office job but still have an opportunity to work from home and be their boss.
If you are considering getting into transcription or looking for additional ways to earn money online, here are 12 platforms that will help you get started making money with your voice today:
What Is Transcription?
Transcription is converting the spoken words into written format.
It’s also known as shorthand writing. The transcriptionist listens to audio files and types them word by word.
Though transcribing isn’t hard for a person who is good at language and has a high listening speed, it might be a tough task for someone with a slow typing speed.
There are three types of transcription work:
Subtitling– This type of transcription is similar to subtitling in videos; both are done simultaneously.
Voice Over – This type of transcription is common at radio stations when people record their comments on audio and send them to the radio station for broadcasting later.
Captioning – For this type, you have to watch a video very attentively so that every dialogue can be captioned precisely with all correct punctuations, etc.
According to the Career Guide, ” Transcription is a skill that can be learned with constant practice and patience.
Transcription jobs are available in both offline and online jobs.”
What Skills Are Needed For Transcription Jobs?
Anyone who has good skills in English and wants to work from home is eligible to apply for the jobs available online.
If you need money to survive and want a job with flexible hours, becoming a transcriptionist might be perfect for you.
You can do it as a part-time or even as a full-time job.
You just need a high level of English proficiency and these skills:
1. High Level Of English.
Being a transcriptionist is an interesting job.
You can work at home and take care of your family, while also earning money.
It’s always better to have a backup plan in case things go wrong.
If you’re looking for high-level English transcription jobs, you should always prepare yourself with a high level of English proficiency which will help you to give better output.
However, as English is a global language, in most cases, transcription is done in English.
If you are good at listening, then you can probably become a very good transcriber.
If someone tells you that they can do any kind of transcription work, always ask them about the type of transcriptions they have done.
2. Excellent Skills In English Writing, Grammar, And Punctuation.
Transcription is a job that needs proper attention.
Often, there are mistakes done by people who have a slow typing speed or those who don’t pay enough attention to the details of writing.
So, if you wish to earn money as a transcriptionist, make sure your grammar and language skills are perfect because it’s essential for good output.
It’s not necessary that only those candidates can work as a transcriptionist who have excellent reading and listening skills.
If you know how to type quickly on the keyboard and have an eye for detail, then you’re also eligible to become a transcriptionist.
3. Decent Typing Skills.
It’s a fact that a good typing speed is essential for any transcriptionist.
You have to type at least 40-70 words per minute so that what you type matches the audio you hear.
If your typing speed isn’t up to this level, then you might not get work from transcription companies unless you have other skills which are more important than the typing ones.
4. Knowledge Of Using Computers And The Internet.
Of course, you need to own a laptop or desktop computer, internet connection, and the required software which are needed for transcription.
It’s an excellent method to demonstrate your expertise on a certain subject if you’re knowledgeable about everything related to computers, word files, and the internet.
What Equipments Are Needed For Transcription Jobs?
As a beginner, you don’t need any specific thing to do transcription.
All you need is a computer with an internet connection, some editing software, and typing skills.
Once you have these things, you can start earning money by working for different companies that are in search of people having the right knowledge and talent.
1. A Computer.
You need a computer and an internet connection to work as a transcriptionist.
You can do audio and video transcription, editing, proofreading, etc.
Then, you only have to install transcription-related software for editing and further processing.
Besides all these things, you also need good typing skills that will help you to do the work fast.
Nowadays, a highly configured computer may be expensive, so you can choose a good laptop for transcription.
2. Good Quality Headphones.
You need a good pair of headphones for work.
A decent pair of headphones can make a significant difference when you’re transcribing in a silent place.
Headphones also help to monitor the audio clearly and it helps you to focus more on your work.
So, if you don’t have any headphones, then this is the right time to purchase one from Amazon or some other online stores.
It’s not necessary that only those people who own a laptop can do transcription jobs, but they surely give you an edge over others who don’t have access to the internet and computers at home or office.
3. High-Speed Internet Connection.
You need a fast internet connection for this job.
If you have ADSL, 2mbps is the ideal speed for transcription work.
The faster your internet works, the better it is for you to do your work smoothly and quickly.
Without a good Internet connection, even if you have all the other equipment needed, then also it will hamper your quality of work due to lagging.
For an aby transcriptionist position, you don’t need a Starlink satellite internet connection.
So you can choose from different broadband internet providers in your area, but make sure you choose a reliable one.
What Are The Best Websites To Find Transcription Work?
Though it’s tough to find and select the best website to find transcription work.
You can find some of the best websites by doing online research.
Here we listed the top websites to get your transcription job easily.
If you’re finding the best Websites to Find Transcription Work then TranscribeMe is the perfect place for you to work.
You can listen to audio or video, and transcribe it onto your computer in just 30 minutes.
The best thing about this website is that you get paid $15 – $22 per audio hour while working on their online platform.
Besides their transcribe option they also included Ai database, data annotations,s and many advanced features which ultimately help to work more quickly.
When you register on this website, you may make an average monthly salary of $250 by completing each activity which is mentioned above.
You can also work in your free time from anywhere.
So, from this website, you can easily download the training videos and get started with your transcription work.
When you search for a good website to find transcription work, then Rev is the best option for you.
You can make money from your home by working on this website.
It’s an online platform where you have to listen to audio and convert it into text format in order to get paid.
The average pay rate of this site is $1.25 per minute which is quite a decent amount if you compare it with other websites.
Besides these basic things, they also provide advanced features like spell checker, time stamping, etc., so that their workers will not be missed out on any single word or phrase while listening and transcribing them onto the computer screen.
Gotranscript is one of the best websites to find transcription work, as it’s a globally recognized platform that helps its members to make money from home.
You can also work on this website quickly and easily without any extra training required for this job.
They pay their users on a per-transcription basis with a unique payment system.
The site provides $0.77 per minute of audio, which is quite a decent rate if you compare it with other sites.
They also offer online training videos to their users in order to help them understand the whole process clearly.
SpeakWrite also provides online transcription jobs to its users and enables them to make money by working as a freelancer.
The pay rate of this site is 1.5 Cents per Word, which is quite less than other sites.
If you choose Speakwrite as your side job then you can earn up to $16 – $25 per hour if the audio length is 1-2 hours and it will save your time and efforts in addition to that by applying code promo speakwrite10 you will get extra 10$ bonus.
Scribie is the best website to find transcription work when you compare it with other online platforms.
You can download their app and start working in just 5 minutes without any kind of training required for this job.
You will get $0.10 per minute of audio on this site, which is quite a decent rate if you choose Scribie as your side job.
Besides their main services, they also provide advanced features like noise reduction, time stamping, etc., so that their workers won’t miss out on any word or phrase while listening and transcribing them onto the computer screen.
When you’re looking for a good website to find a transcription job, then CastingWords is the best option for you.
You can make money from your home by working on this site part-time.
On the Castingwords site, you have to listen to audio and convert it into text format in order to get paid.
The average pay rate of this site is $1.50 per minute which is quite a decent amount if you compare it with other websites.
Besides the main services they also provide advanced features like spell checker, time stamping, etc., so that their workers will not be missed out on any single word or phrase while listening and transcribing them onto the computer screen.
If you just listen and type without any special skill required for this job, then Tigerfish can be an excellent platform to start your part-time job and earn decent money from home.
You will get quite a decent rate if you choose Tigerfish as your side job.
Besides the main services they also provide advanced features like noise reduction, time stamping, etc., so that their workers won’t miss out on any single word or phrase while listening and transcribing them onto the computer screen.
If you’re looking for a website that provides transcription work to its members, then Speechpad is the best option.
You can join their service and start working on this site easily without any extra training required for this job.
As of now, they pay $1 per minute of audio on this site which is quite a decent amount if you choose Speechpad as your side job.
You don’t require any skills for this job; all you have to do is listen to the audio carefully and type it correctly on the computer screen in order to get paid.
9. GMR Transcription.
GMR Transcription provides transcription jobs to its users and enables them to make money by working as a freelancer.
If you choose GMR Transcription as your side job then you can earn up to $6 – $12 per hour if the audio length is 1-2 hours and it will save your time and effort by applying code promo gmr121usd you will get an extra 10$ bonus.
You don’t require any special skills for doing this job; all you need to do is listen carefully and type it on the computer screen in order to get paid.
10. QA World.
In the QA world, you have to listen to audio and type it correctly without missing out on any single word or phrase in order to get paid.
The average pay rate of this site is $1 per minute which is quite a decent amount if you choose QA world as your side job.
They have many advanced features like spell checker, noise reduction, time-stamping, etc. so that their workers won’t miss out on any single word or phrase while listening and transcribing them onto the computer screen.
As with another transcribing platform, this platform also offers transcription work to its members and enables them to make money by working as a freelancer.
If you choose Crowdsurfwork as your side job then you have an opportunity to earn up to $0.60 per minute of audio which is a considerable amount if you compare it with other websites.
But all above this site is that you don’t require any special skill for doing this kind of job.
All you have to do is listen carefully and type it correctly on the computer screen in order to get paid.
12. Freelance Websites.
But these marketplaces are competitive with all professional transcribers.
You can try your luck with these sites if you want, but you will need to compete with the experienced transcribers who are also looking for jobs on these websites.
However, it’s up to you which website you should choose as your side job.
The transcription job might sound a little tough because you have to listen carefully and type it correctly on the computer screen in order to get paid.
But once you get started, you will definitely enjoy this kind of work.
Besides getting good pay, you’ll also earn respect from your manager by completing your tasks quickly and accurately.
So, we think it can be a good source of income for students/homemakers and other ppl who wish to make money online.
So why are you waiting?
Try these platforms and enrich your skill.