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.
How much do transcriptionist make per line?
Standard rates for a professional North American transcriptionist range from $1.50-3 USD per audio minute ($90-180 per audio hour) depending on audio quality and number of speakers. For projects with extra requirements or highly challenging audio, these rates can increase.
What is the highest paying transcription job?
Averbach Transcription is one of the highest paying companies on our list. For files that have a 2 days or more of turnaround, you get paid $1.00 per audio minute while those with overnight or same-day turnarounds will fetch you $1.50 per audio minute.
Is being a transcriber 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. The work is not snatched by the first person who gets the chance.
Can you make a living transcribing?
The average median annual income for a general transcriptionist is currently $45,000. Legal transcriptionists can earn around $60,000. Of course, if you start your own business and hire subcontractors while working as a project manager yourself, your income can grow well beyond these figures.
Are transcribing jobs worth it?
How much does an entry level transcriptionist make?
How Much Does An Entry Level Transcriptionist Make? An entry-level transcriptionist can expect to earn around $3.00 up to $11.00 an hour, with an average pay or $5.00 an hour. This is due to the fact it takes longer to transcribe an audio file than someone with more experience as well as companies hiring beginners tend to pay low rates.
Which is the best transcription company to work for?
1- 888-TYPE-IT-Up is one of the highest-paying transcription companies according to their site. They are currently hiring transcriptionists, including beginners. Their lowest pay rate is $30 per audio hour and can go as high as $180 per audio hour.
What’s the average rate for a medical transcription?
Standard rates for medical transcription are 7-14 cents per line. Per typed page. Per-page pricing is most common with document typing projects (see below). Per hour of the transcriptionist’s time. Hourly-rate pricing benefits typists by guaranteeing a minimum rate regardless of audio quality.
How much does it cost to transcribe an interview?
The average hourly rate for transcribing interviews is $50 USD according to Writer’s Market. Based on my own research, hourly rates from $25-40 are most typical.
