Transcription Side Hustle: Earn Extra Income Online

In today’s fast-paced world, finding a flexible side job is key. As someone with a busy life, I’ve looked for ways to make extra money without giving up my free time. That’s how I found transcription, a job that lets me earn more and be creative.

Transcription means turning audio or video into text. It seems easy but needs focus, good listening, and fast typing. The best part? You can do it from home, set your hours, and choose how much work you want.

Key Takeaways

• Transcription is a flexible side hustle that allows you to earn extra income online
• Transcriptionists can work from home and set their own schedules
• Transcription jobs pay by the word or “audio minute,” with potential hourly rates up to $25
• Top earners on platforms like Rev.com and SpeakWrite can make over $1,000 per month
• Transcription work requires strong typing skills, attention to detail, and good listening abilities

Introduction to Transcription Side Hustles

If you want a flexible way to make extra money from home, transcription side hustles could be great. But what is a transcriptionist, and why is this side job beneficial?

What is a Transcriptionist?

A transcriptionist turns spoken words into written text from audio or video recordings. They work in many fields like education, healthcare, law, and business. To be good at this job, you need to listen well, pay attention to details, and type fast.

Benefits of Transcription Work

• Flexibility: With transcription side hustles, you set your own hours. Work as much or as little as you want, whenever it suits you. This flexibility is hard to find in regular jobs.
• Work from Home: You can do transcription from anywhere you like, including your own home. Say goodbye to long commutes and hello to a comfy work space.
• Earn Extra Income: Transcription can pay well, with pros making $10 to $45 an hour. It’s a great way to increase your income.

Remote work and the gig economy have made transcription side hustles more popular. They offer flexible, work-from-home chances to earn more. If you want to pay off debt, save money, or just have more cash, transcription could be ideal for you.

Transcription Outsourcing

Transcription Outsourcing is a top company that offers transcription services in many fields. They look for candidates with great transcription skills. These skills include knowing about grammar, punctuation, and how to transcribe audio.

Requirements and Application Process

To apply, you need to fill out an online form and pass an initiation test. If you qualify, you’ll be asked to start working as a transcriptionist. But, the company can’t answer every job inquiry because they’re busy. Also, job spots depend on if they’re available.

Payment and Work Structure

Transcription Outsourcing pays its transcriptionists well. They earn $0.80 to $1.10 per audio minute for tasks like legal, law enforcement, and business transcription. For medical transcription, it’s $0.07 to $0.10 per line. Sometimes, like for court hearings, they pay up to $5.00 per minute.

Payments go out twice a month through direct deposit and PayPal. Transcriptionists talk to the management team through email, phone, and text. This helps with smooth communication and teamwork.

“Transcription Outsourcing is committed to providing high-quality transcription services to our clients, and we are always looking for talented individuals to join our team.”

Rev.com

Rev.com is a top platform for making extra money through transcription work. First, create an account and pass a basic English and grammar test. After approval, you can start taking on transcription jobs and earn extra income on your own schedule.

Rev.com offers great earning potential, with the average person making about $245 a month. But, the top earners can make up to $1,500 a month. For example, a mom in Pennsylvania made $1,000-$1,200 a month, and someone in Los Angeles earned an extra $1,400 a month.

Over twelve thousand freelancers work on Rev.com, providing captions and transcripts for big names like Google, Buzzfeed, NBC, and Amazon. The platform gives freelancers the training and tools they need for a smooth and affordable experience.

To succeed on Rev.com, you’ll need a computer, a headset, fast internet, and good English skills. You can work whenever you want and at your own speed. This makes it perfect for those looking for a flexible side job.

“I’ve been a transcriptionist on Rev.com for over a year, and it’s been an absolute game-changer. The platform’s straightforward application process and user-friendly interface have made it easy for me to earn an extra $600-$800 per month, even as a retired truck driver in Indiana.”

If you’re a student, a stay-at-home parent, or just want to make more money, rev.com transcription jobs are a great choice. They offer a chance to earn extra income online through the rev transcriptionist pay model. With its focus on quality, flexibility, and good pay, many people are choosing Rev.com to get hired at rev and start their transcription side hustle.

Appen

Appen transcription jobs are a hit, but the platform has much more for remote workers. It was ranked #1 in 2020 by FlexJobs as a Top 100 Company with Remote Jobs. Over a million skilled contractors from around the world speak over 180 languages. They offer jobs like transcription, short or long projects, micro tasks, surveys, and more.

A Multitude of Tasks on Appen

You must be 18 or older to apply for Appen jobs. You’ll need a computer, Google’s Chrome web browser, and fast internet. They pay fairly for the work, which helps train AI systems for big companies.

Appen values performance, honesty, humility, and grit. You’ll go through a test to show you’re right for certain jobs. With 20 years in the business, they now have over 350 full-time staff and over 1 million casual workers.

Appen offers flexible and varied tasks for remote workers. It’s great for those wanting to earn extra or try different jobs online. You can work on your own time, making it a great side hustle.

GoTranscript

GoTranscript is a great choice for those looking for a flexible side job. It’s a global company that welcomes beginners with open arms. They let freelancers take up to 6 hours to finish a 1-hour audio file. This makes it perfect for newcomers to transcription.

Working with GoTranscript can be quite rewarding. You can earn up to $0.60 per minute of audio or video. On average, freelancers make about $150 a month. The top performers can earn up to $1,215 a month, showing how much you can make with this job.

GoTranscript pays every Friday through PayPal, making it easy for freelancers to get their money. You also get to pick the projects you want to work on. This makes the job even more flexible.

GoTranscript is a great way to make extra money and learn new skills. It’s easy for beginners, offers good pay, and lets you work on your own schedule. If you’re looking to earn more and try transcription, GoTranscript is a great choice.

TigerFish

TigerFish has been a top transcription service since 1989. They look for U.S. citizens or legal residents to join their team. You’ll need to download the free Express Scribe software. If you’re serious, you might need to buy a $229 software license to work better.

The pay at TigerFish is between $0.03 to $0.05 per line. This means your hourly pay depends on how fast you work. Even though the pay is lower, TigerFish offers a flexible schedule. It’s great for beginners looking to start in tigerfish transcription jobs.

To work at TigerFish, you’ll need transcription software. It’s smart to get a good headset and foot pedal for better work. The cost of the tigerfish pay rates software might be high at first. But, it’s a good investment if you’re serious about making money on the side.

TranscribeMe

Looking to start with online transcription? TranscribeMe is a great choice for beginners. It doesn’t need any experience, perfect for those new to the field. After passing a simple test, you can begin working right away.

TranscribeMe gives you short audio clips to work on, lasting from 1 to 4 minutes. This lets you work whenever you want, fitting it into your schedule. Beginners can earn about $15-$22 per audio hour. Top performers can make up to $2,200 per month.

Working with TranscribeMe has many benefits. The platform is easy to use and has a supportive community. It’s great for stay-at-home parents or anyone needing flexible work. The company helps improve your skills with feedback and guidance.

To join TranscribeMe, fill out some basic info, complete a training session, and pass an exam. Once in, you’ll get paid weekly through PayPal. This makes it easy and flexible for a side hustle.

“TranscribeMe provides a steady work stream year-round, making it an ideal choice for those looking to earn extra income on their own terms.”

Clickworker

Clickworker is a platform that offers many online jobs, like transcription, data entry, and content moderation. Signing up is easy, and you can get paid every week through PayPal or Stripe. It won’t make you rich, but it’s a good way to earn extra.

One job on Clickworker is to read out short sentences, like “My voice is my password!” This helps make speech recognition tools better. Clickworker’s tasks are simple and quick to do.

Jobs are posted on the Clickworker site and app. You don’t need special gear, just your phone’s microphone. You can do these jobs many times and get paid for each one. This way, you can make more money and help improve language tools.

Clickworker has many micro-jobs, including clickworker transcription jobs and other clickworker other online gigs. You can earn clickworker weekly pay through PayPal or Stripe. It’s a flexible way to add to your income.

SpeakWrite

SpeakWrite is a top-notch transcription service. It offers a great chance for experienced transcriptionists to make extra money. To get a speakwrite transcription job, you need to type 60 words per minute with 90% accuracy. You also need at least one year of transcription experience.

SpeakWrite says the average transcriptionist makes about $450 a month. The top earners can make up to $3,400. This platform lets experienced typists make good money on their own time.

Qualification Requirements for SpeakWrite

To work with SpeakWrite, you must meet certain speakwrite requirements:

• Typing speed of at least 60 words per minute with 90% accuracy
• Minimum of 1 year of prior transcription experience
• Legal residency in the United States or Canada

By meeting these criteria, transcriptionists can get speakwrite pay rates that are very competitive.

“SpeakWrite boasts a 99-100% accuracy rate in its transcription services, providing unparalleled quality and reliability.”

By working with SpeakWrite, experienced transcriptionists can earn a lot more from home. SpeakWrite focuses on quality, security, and convenience. It’s a great side hustle for those wanting to add to their income.

SpeechPad

SpeechPad is a top online platform for those wanting to make extra cash. To start, you must pass an English and grammar test. This shows you can do high-quality work.

SpeechPad has a rating system for checking transcription quality. Workers with high ratings get more complex and better-paying jobs. You can earn from $0.25 to $2.50 per minute, paid weekly through PayPal.

To work better, SpeechPad suggests using a foot pedal like the Infiniti Foot Control – IN-USB-2 for Windows computers. Experienced transcribers might like their own software, like Express Scribe, for better workflow.

Signing SpeechPad’s Worker Confidentiality Agreement is a must. It means you can’t use online tools elsewhere and must delete all customer media and work after sending it in.

Whether you’re new or have experience, SpeechPad is a great way to make more money. Use your language skills and focus to earn extra from home.

Daily Transcription

Daily Transcription is a standout in the online transcription world. It’s different from others because it asks transcriptionists to work during specific times. Even though there’s no promise of work, the top performers can make $250 to $950 a week.

Working with Daily Transcription has its perks. They focus on coaching and training to help transcriptionists get better. This is great for beginners looking to grow in their daily transcription jobs or flexible transcription work schedule.

If you want a flexible daily transcription pay rates and to work on your own time, Daily Transcription is a good choice. By choosing specific time slots, you can fit your work around your life. This makes it easy to balance your side hustle with other things you need to do.

“Daily Transcription’s focus on coaching and training sets it apart, making it a great option for those new to the field of transcription.”

Other Transcription Side Hustle Platforms

There are many other ways to find freelance transcription work besides the popular platforms. Each platform has its own pay rates, requirements, and work styles. This gives individuals a chance to explore and find what suits them best.

Some top transcription side hustle platforms include:

• Upwork – A freelance marketplace with a wide range of transcription jobs. These include legal, medical, and general audio and video transcription. It warns against low prices but is great for finding flexible work.
• GMR Transcription – It doesn’t need prior experience to start. This makes it perfect for beginners. As you gain experience, you can move to higher-paying jobs.
• Birch Creek Communications – Focuses on law enforcement and criminal justice transcription. It’s ideal for those with a background in law or criminal justice.

These are just a few of the other transcription side hustle platforms out there. By checking out different options, transcriptionists can find the best fit for their skills, time, and income goals.

Skills Needed for transcription side hustle

Starting a transcription side hustle needs special skills for success. Key skills include typing fast and accurately, and paying close attention to details.

Typing Speed and Accuracy

Transcriptionists should type at least 65 words per minute (WPM) to get most jobs. But, the best jobs want 75-90 WPM. It’s also crucial to be very accurate with spelling, grammar, and punctuation. This ensures high-quality, error-free work.

Attention to Detail

Transcription requires total focus and a sharp eye for details. You must accurately capture every word, tone, and inflection. Even a small mistake can be big. So, paying attention to every detail is essential, whether it’s verbatim, intelligent, or edited transcription.

Other important skills include good listening skills, following instructions well, and knowing the subject being transcribed. With these skills, you can excel in transcription side hustles and earn well.

“Transcription work demands unwavering focus and a keen eye for detail. Transcriptionists must capture every word, nuance, and inflection accurately, as even the slightest oversight can have significant consequences.”

Tools and Equipment for Transcriptionists

As a transcriptionist, having the right tools and equipment is key to your success. A reliable computer and specialized software can make your work easier and more accurate. This setup helps you work faster and ensures your transcriptions are spot-on.

A high-quality computer or laptop is at the heart of a transcriptionist’s tools. It’s where you’ll do most of your work and handle audio files and software. You also need a stable and fast internet for uploading, downloading files, and talking to clients.

• Noise-canceling headphones: These are a transcriptionist’s best friend, as they help block out external distractions and ensure clear audio playback.
• Foot pedal: A foot pedal allows transcriptionists to control audio playback while keeping their hands free for typing, increasing productivity and reducing wrist strain.
• Text expansion software: Tools like Textexpander or AutoHotkey can save time by automating the insertion of frequently used phrases or boilerplate text.

Other important items for transcriptionists include a comfy, ergonomic chair, a special transcription keyboard, and maybe two monitors to make your workspace better. Investing in quality tools and software can make your work better and more enjoyable. It also helps you work on your transcription side hustle without getting tired.

With the right tools and equipment, you can take your transcription side hustle to the next level. You’ll work more efficiently and deliver top-notch results to your clients.

Conclusion

Transcription side hustles are a great way to make extra money online. You can choose from platforms like Rev.com, Appen, GoTranscript, TigerFish, TranscribeMe, Clickworker, SpeechPad, and Daily Transcription. Each platform offers different opportunities based on your schedule and experience.

These side hustles can help you earn up to $700 a day or $1,000 a month. They offer the chance for financial freedom and the ability to work from anywhere. You’ll need skills like typing fast, being accurate, and paying attention to details.

Starting your transcription journey can be rewarding. It’s a chance to meet the growing need for transcription services. With hard work and the right tools, you can make the most of this side hustle. It can help you reach your financial goals and succeed in the gig economy.