![]() With pay ranging from 30 cents to $3 per audio minute, it sounds like Rev pays generously– $18 to $180 per audio hour. T he site is swamped with work and looking for transcriptionists who can work a near full-time schedule. Walker says most of his transcriptionists earn between $20 and $30 an hour. That helps workers transcribe faster and more accurately, says Ben Walker, Transcription Outsourcing’s CEO. And, it makes a point of connecting transcriptionists with regular clients, so they become familiar with the names, places and speech patterns common with those clients. It pays among the highest rates in the industry (between 85 cents and $5 per audio minute). Transcription Outsourcing does two things that make the platform attractive for freelancers. You should know why they’re unlikely to deliver a living wage - even for fast typists. Although does not recommend some of the high-profile transcription companies at the end of this list, we’ve included them here because you’ll surely hear about them if you’re looking for transcription work. We’ve listed them here, starting with those that offer the best opportunity. Here are a half dozen platforms that encourage fast typists to try transcription. But a foot pedal and text-extender software should speed accurate transcriptions, which means you’ll earn a higher hourly rate. However, several experts suggested that you get a $50 foot pedal and free text-extender software that automatically fills in frequently-used names and terms. And, outside of a web connection and computer, you don’t need much to get started. In most cases, transcriptionists work remotely on their own schedule. ![]() That said, for the right candidates, transcription can be a great side hustle. And few transcription jobs pay extra for that extra time. If not, you’ll spend a lot of time reviewing documents. If perfect spelling and grammar come naturally to you, that shouldn’t be difficult. That’s because the best-paying jobs in transcription require the completed product to be near-perfect, free of typos and grammatical errors. To make good money, you’ll also need good spelling and English grammar skills. But if it takes you four minutes for every minute of audio, your hourly rate drops to $12.75. So, if a company pays 85 cents per audio minute, and you can transcribe a 10 minute tape in 20 minutes, you’ll earn $25.50 per hour. That’s because most jobs pay by the word or the “audio minute.” And, depending on the complexity of the audio and how fast you type, any given audio minute can take between two minutes and six minutes to transcribe. However, you need to be a lightning-fast typist for the jobs to pay well. These recordings can be from 911 calls, court hearings, medical and academic notes, as well as business meetings and movies. Transcription jobs involve typing a written record of what you hear on audio and video recordings. ![]() No matter the industry, companies can create unique content with the aid of audio transcripts in order to gain more traffic and increase their ranking in the search engine results pages.If you’re a fast typist looking for a side hustle, you may want to try transcription, a work-at-home job that pays up to $25 an hour.
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