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What are some legitimate companies that offer transcription jobs with flexible schedules and competitive pay rates?
The average typist can type around 40 words per minute (wpm), but transcriptionists are expected to type at least 60 wpm with high accuracy.
Transcription companies like TranscribeMe use artificial intelligence to help train their transcriptionists, which can improve their accuracy by up to 30%.
Medical transcription requires an understanding of medical terminology and anatomy, with some companies paying up to $30 per hour for experienced transcriptionists.
The human brain can process audio information at a rate of around 100-150 words per minute, which is why transcriptionists often listen to audio at 1.5-2x speed.
Speech recognition technology can accurately transcribe audio at a rate of around 80-90%, but human transcriptionists are still needed for high-accuracy transcriptions.
Transcription companies like Rev use a points system to prioritize tasks, with more complex tasks worth more points, which can incentivize transcriptionists to take on more challenging work.
Transcriptionists can earn up to $25 per hour, but experienced transcriptionists can earn up to $40 per hour, depending on the complexity of the work and their level of experience.
The majority of transcription work is done by freelancers, with around 70% of transcriptionists working as independent contractors.
Transcription companies like GoTranscript use a hierarchical system, with more experienced transcriptionists reviewing and editing the work of less experienced transcriptionists.
The average transcriptionist can complete around 1-2 hours of transcription work per day, depending on the complexity of the audio and their level of experience.
Transcription companies like TranscribeMe use a variety of audio formats, including MP3, WAV, and AAC, to accommodate different types of audio files.
Experienced transcriptionists can complete a 1-hour audio file in as little as 2-3 hours, depending on the complexity of the audio and their level of experience.
The world's fastest typist, Sean Wrona, reached a speed of 256 wpm in 2017, but transcriptionists typically aim for around 80-100 wpm.
Transcription companies like Speechpad use a grammar and spelling test to assess the language skills of potential transcriptionists.
Transcriptionists can work on a variety of projects, including podcasts, lectures, and interviews, in addition to medical and legal transcription.
Experience error-free AI audio transcription that's faster and cheaper than human transcription and includes speaker recognition by default! (Get started for free)