Are you looking for legitimate ways to earn some extra cash from home online? When it comes to finding the right opportunity, it all boils down to your skills and interests.

If you have fast and accurate typing skills and great spelling and grammar skills, you might want to consider work from home transcription jobs. Whether you are looking to supplement your income or just want to earn some extra cash on the side, work from home transcription jobs can be a great option for the right person.

Beware of transcription companies that ask for money to sign up with them because of they more than likely running a scam. So, it is important to do proper research to find out which companies are legitimate. So how do you get started and make money with work from home transcription jobs? We will discuss all the details below.

What Is Transcription?

Transcription describes a type of typing work that involves taking recorded audio files or clips and turning it into written texts. Many different kinds of professionals like doctors,  researchers, and lawyers,  send out audio files to many transcription firms that send those audio files out to work at home transcriptionists they have hired who transcribe these audio files.

You can also take on audio files directly from various different clients (based on your relevant expertise and experience) to transcribe them and send back to the clients as a freelance transcriptionist. As a transcriptionist, you will listen to audio files and type up the spoken language into written format using transcription software.

There are three main types of transcription jobs: legal, medical, and general transcription jobs. You may specialize in general transcription or technical or specialized transcription work.

General transcription work involves transcribing interviews, meetings, academic lectures, and many other general situations where you type up the audio files into texts, sometimes word for word or just write down the keynotes, depending on what the clients want.

Specialized transcription work involves transcribing audio files for clients in medical and legal fields in particular. You will need training and relevant professional experience to work as a medical or legal transcriptionist.

Skills and Tools Required For Work From Home Transcription Jobs

Work from home transcription jobs require fast and accurate typing, great listening skills, and a good command of written English. Your spelling and grammar must be great because accuracy is very important in this line of work.

You don't want to submit transcribed work that is full of grammar and spelling errors. You may need specialized software, a foot pedal, and high-quality headphones. Some companies that hire work from home employees to work as transcriptionists are likely to provide you with their own software and may also provide the other tools required to do the jobs.

If you want to work as a freelance transcriptionist, you will need to use your own software and other tools. Usually, there is no minimum age required to do transcription jobs, making it an ideal work from home jobs for teens and students.

However, some transcription companies may require that you have a certain level of educational qualifications and professional work experience in transcription.

How Much Can I Earn from Transcription Jobs?

Transcription jobs usually pay by the audio minute or audio hour or by the page. Rates vary between different transcription companies and can also depend on your experience level. Some companies may increase your pay as you gain more experience in the field.

Pay per audio minute or audio hour transcription jobs are the most common compensation options. No matter how long you need to transcribe an audio file, you will get paid based on the rate for per audio hour or minute. For instance, if you are doing a transcription job that pays $10 per audio hour but the audio file is only 30 minutes, you will be paid $5 for the file (10×30/60 =$5). If you have fast typing speed, you can take less time to complete the file.

If you are looking for doing transcription jobs, get some practice. Some audio files contain multiple speakers, some with different accents while some files have background noise. So, a little practice can be handy before you apply for transcription jobs.

Top Work from Home Transcription Companies

Most transcription companies will require that you do a sample transcription test and if you pass the test, you will be hired or will receive a job offer by the relevant company. You may also need to have professional transcription experience to be able to receive job offers from some companies. General transcription jobs may not require any transcription work experience and are perfect for students, teens, stay at home moms or dads and retirees.

Here are some of the top transcription companies that hire work at home workers who are typically independent contractors to do various types of transcription jobs:

Get Started With Help From These Resources

You can earn good money or even make a full-time income by listening to audio files and typing up what you hear into text. If you are a fast and accurate typist, and have good spelling and grammar skills, you can earn money as a general transcriptionist.

Check out these additional resources to help you break into the field and start earning money fast.

You will need training in legal and most particularly medical transcription field if you want to work as a legal or medical transcriptionist. You can earn some extra money easily doing transcription jobs from home in your own time if you have the required skills.