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I've been doing some email marketing lately and it seems a lot of people are using one specific competitor. Just out of curiosity I searched what they pay their transcriptionists. I was appalled to see that it is 30 cents to $1.10 per audio minute. $1.10 per audio minute is fine - but 30 cents? This is a real problem in the industry. The minimum wage in California is currently $15.50 per hour. It takes about four hours to do one hour of audio. So for four hours of work you should make $62.00. At 30 cents per audio minute you would only make $18.00 for four hours of work!! WHAT? Why do people work for such a low wage? Or is this company using people from outside the United States? Or is AI changing the industry? I actually think it takes longer to edit an AI transcript than to transcribe it from scratch, but that's a different rant. I would love to see the industry standards raised so that professional transcriptionists are paid fairly. To be competitive I actually have to charge less to my clients than I did 30 years ago when I started. What other industry is this happening in? I hope people looking for transcription services will take a little time to research how much they are paying their team members and what their reviews are from people who work for them.
Wondering if being a transcriptionist is a good fit for you? Transcribe Anywhere is offering a free workshop. It explains what transcriptionists do, how they do it and how much you can potentially earn as a transcriptionist.
I've dealt with people dropping in during the work day for years. While my schedule is somewhat flexible, I do have work I need to complete each day, which I feel some people just don't even consider.
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