Home-based transcription allows you to work from the comfort of your home and make a good living without any special education or experience. Even though like in any other real job, it will take you practice with the study to gain efficiency, a transcription career is very rewarding due to the pay and flexibility it offers.
What Is Transcription?
To put it in simply, transcription is converting live audio or its recorded version into an electronic document. The myriad forms of audio could be a lecture, interviews, a podcast or a webinar, etc.
General transcription, as the name implies, is a type of transcription that requires the conversion of audios under any genre, including webinars, business recordings, interviews, and telephone conversations, just to name a few. This kind of transcription does not require specific knowledge on any subject.
Essential Transcription Skills
Online transcription can prove to be a great option if you have the right skills. Listed below are the 4 essential skills you need to achieve success in a transcription career.
1. Good Command Over English
A good command over English grammar and punctuation is a must for one to become a transcriber. If you can discern properly between the US and UK English, that’s an added advantage.
2. Sharp Listening Skills
Once you begin transcription work, you will realize that the audios differ in terms of quality, accent, speed, etc. If you are a keen listener, you have a better chance of getting the words right.
3. Ability to Research
You could encounter audios with non-English words, or a word that you may never have heard before. It would require research on Google to discern words that could be names of towns, people or other things that are not clear in the audio. This would enhance the acceptability of the work you submit.
4. Typing Speed
Sometimes, transcribing a single file could produce several hundred, or perhaps thousands of words. It goes without saying then, that you need a good typing speed to perform better at work.
How does Transcription Pay?
The general norm for calculation of pay is based on every audio hour. The beginners can get $15 to $20 per audio hour, that gradually goes up to $40-$50, $60, or even higher as one gains experience. The other variables of pay calculation are audio quality, and the type of the account.
Steps to Start Out As a Transcriptionist
- Create a resume and a cover letter that gets noticed by employers.
- Ensure that you have the necessary equipment, as many companies take sample tests to judge your caliber before hiring you, so itâ€™s advisable to be ready before you apply.
- Cast your net wide by applying to each and every transcription company that you know. Getting rejected by a few companies as a greenhorn is part of the game. But after gaining a toehold, it becomes easier get accepted by more companies later on.