In today’s economy a lot of people are looking to supplement their income or even become employed full time by working at home. One of the fastest growing areas for people to do this is with the work from home transcriptionist. If you’re looking for a lucrative area that you can build into a great home business, then understanding exactly what the work from home transcriptionist is, does and what is required is the first step.
The one basic skill that covers all types of transcription is typing speed and accuracy along with keyboarding skills. Especially as a freelance or work from home transcriptionist, your pay will directly affected by how fast you can return the finished product. Whether it’s by the audio hour, hourly, by the page or by the project, the faster you can type and complete your client’s work, the more money you can make.
Other than a high school diploma or GED, there are no educational requirements. Since typing and keyboarding have become common place in today’s digital world, even that is no longer required to be taken in school.
Although no formal education is required, there are some classes and training you may want to consider to show your clients that you have the skills and experience necessary to do their project and do it well. This includes a transcription certification program. Running anywhere from 6 months to 1 year, these certification courses will include formatting different programs, the use of various types of transcription equipment, basic terminology in medical, legal and business along with English grammar to help you produce a correct version that has the correct punctuation, sentence and paragraph structure.
You may also want to take some increased typing speed program, many of which can be found online. These will help you to learn how to speed up your typing speed and increase your accuracy, an integral part of the work from home transcriptionist’s job.
Since most work from home transcriptionists are freelancers, the rate of pay will vary widely. You can be paid by the page, which will range from $3.00 to $7.00, by the hour, which will run from $8.00 – $15.00 per hour, by the audio hour (which is how long the recordings are, not how long it took you to transcribe it) $5.00 – $20.00 or by the project, which will depend on the size and amount of work.
One of the challenges of working at home is where to find companies and clients that offer work from home transcriptionist jobs. Because most work at home is done online, here are a few of the many online sources of work from home transcriptionist available positions.
TranscriptionJobsHQ.com: We have partnered with top companies to offer you a very easy-to-use job search engine that pulls all listings from Simply Hired, Monster, and Indeed to show you just about all of the legal transcription jobs that you can find on the internet. If you can’t find your job here feel free to keep searching elsewhere, but we are confident that our database has most of them.
Upwork.com: The transcription jobs on this website range from large to small. Once you create a profile, start out by charging a reasonable rate by audio/video minute and then build up your profile to eventually have a higher cost and repeated clients. It takes some time, but this can be a great way to get multiple clients coming back over and over again.
Rev.com: This is a great company to join if you'd like consistent transcription work provided to you. The problem with joining this company is that you'll be paid less per audio minute because they have to make money too, but they are very consistent with the work that they get.
Simplyhired.com: This is a job listing site that covers a wide range of industries. You can search by keywords such as transcription or corporate transcription. You will want to have a general cover letter that you can edit for each job and a relevant resume as you apply directly to the company itself. These jobs can be at home or in an office.
Careerbuilder.com: One of the largest of the job listing sites, careerbuilder.com has been around for well over 15 years. Again, you will want to upload a relevant resume and have a general cover letter that you can review and edit for specific companies. Since companies can also search the database for relevant workers, it is good to have a copy there as well.
Again, using key words, you will search the database for relevant jobs and apply per the specifics listed in the job details.
Monster.com: Another large job listing site, you can upload resumes, use the resume builder, develop cover letters, search the database for position and review job details. You will apply to each job per the instructions listed in the job details.