Unlock Extra Cash: Top 5 Transcription Companies for Side Hustlers in 2024


What is Transcribing?

Transcribing is the process of listening to spoken words and typing them as written text, capturing every word accurately.


Why Choose Transcribing as a Side Hustle?

  • You can work from home or anywhere with flexible hours.
  • Earnings can vary based on speed, accuracy, and type of transcription.

Top 5 Transcription companies

1. Rev

  • Requirements: Grammar and transcription test
  • Pros and Cons: Flexibility, large freelancer network, average earnings.
  • Pay rate: 0.30 – $1.10 per audio minute.

2. TrancribeMe

  • Requirements: Entrance Exam.
  • Pros and Cons: Flexibility, advancement opportunities, average monthly earnings.
  • Pay Rate: $15 – $22 per audio hour

3. GoTrancript

  • Requirements: Transcription test.
  • Pros and Cons: Diverse projects, competitive pay, average monthly earnings.
  • Pay Rate: Up to $0.60 per audio minute.

4. SpeakWrite

  • Requirements: Typing speed of 60 WPM, own equipment.
  • Pros and Cons: Specific skill requirements.
  • Pay Rate: $0.005 per word, with some shifts offering a 10% bonus.

5. Scribie

  • Requirements: Application process and Transcription test.
  • Pros and Cons: Flexible schedules, short files, varying pay rates.
  • Pay Rate: $5 – $25 per audio hour.

How to get started

  • Create an account with your chosen company.
  • Pass required tests and exams.
  • Set up necessary equipment (headphones, foot pedal, transcription software)
  • Tips for Success

    • Time management
    • Attention to detail
    • Improving typing speed

Direct links to the application pages for each company:

  1. Rev: Click Here
  2. TranscribeMe: Click Here
  3. GoTranscript: Click Here
  4. SpeakWrite: Click Here
  5. Scribie: Click Here