If you have strong communication skills, are detail oriented, and have a specialized technical degree such as law or medicine, a career in transcription can be rewarding for you. Now, if you have all of those but lack the technical degree, transcription can still be great for you because businesses all over the world are integrating transcription into their workflow to streamline in-house processes.
And why not? Transcriptions and captions are proving to be great content marketing tools that businesses are scrambling to leverage!
But first, ask yourself these three questions
A highly technical task such as transcription calls for professionals who aim for precision and keep on pushing the boundaries of their previous performance. So, before you set off to build your career in transcription, ask yourself these three simple questions.
How fast can I type?
We speak about 150 to 170 words per minute, and it takes approximately 4 minutes to transcribe 1 minute of audio. You must be thinking: wait, that’s not much! But this also means that an audio clip of 30 minutes will take 120 minutes to be accurately transcribed. Your typing speed is an essential skill to bank on, in this case, to close tasks faster while maintaining quality.
How attentive am I?
This may seem basic, but think again – if you’re transcribing a doctor’s notes or a witness interview, an error in the transcript caused by lack of attention can set off a chain of events with unwelcome consequences. Plus, it’s much easier to transcribe clear audio recorded in a stable environment, but handling background noise, multiple speakers, or thick accents and producing a transcript with 99% accuracy? Not for the easily distracted.
Can I keep a secret?
As a transcriber, you’ll come across confidential information such as proprietary data of a business, case files of a law firm, or a patient’s data from their doctor’s observations pretty much every day. Now, confidentiality breach is a prominent red flag in any profession, but more so in transcription. So, a reliable transcription provider ensures all employees (whether full time or freelance) sign an NDA before getting on board. If you’re comfortable with the idea and think you can uphold the industry ethics, your transcription career will definitely flourish.
Clear benefits of a career in transcription
Increasing demand for qualified workers
Specialized transcription jobs such as legal or medical transcription require both subject matter expertise and technical skills to produce high-quality transcripts. So, if you have a background in medicine or law, a career in transcription can be a great way to leverage your learning.
Lack the technical background but eager to learn, have great attention to detail, and never miss a deadline? General transcription is also growing as a profitable niche.
Flexible working hours
Need more family time or planning to study for another degree? The transcription industry employs a large number of freelancers who are happy about the flexibility their job provides. You can choose your working hours and opt to work remotely or in an office setting as a part-time or full-time transcriber. Agencies will be glad to sign you up on a contract basis with regular work so that you can hone your skills at your own pace while making good money.
Love to learn?
If you believe that life should be all about imbibing as much knowledge as possible, transcription is the perfect industry for you. You’ll learn how to work with modern technology, various software packages, supercharge your research skills, as well as learn the intricacies (for example, nifty shortcuts) of various common applications (such as word processors) to boost your productivity.
Great for those who love a challenge
Doing the same thing day in and day out can lead to dwindling interest at work. However, when you’re opting to be a transcriber, get ready for diversity (even if you’re in a specific niche such as legal transcription) as well as challenges.
Transcription isn’t only about typing everything you hear on an audio clip as fast as you can. A career in transcription means you’ll need to flex your brain muscles quite a bit by testing your analytical skills, polishing your language skills, and upgrading your research skills.
If you’re working multiple jobs and need to supplement your income, you can easily earn about $1000 as a part-time transcriber. On average, transcribers earn about $15-$20 per hour, depending on the level of expertise. Pay is much higher in specialized niches such as legal and medical transcription, so you may consider getting certified if you want to grow your transcription career.
A career in transcription is extremely rewarding for dynamic individuals who look for variety and challenges in their day to day work. Not to mention, you get to choose your schedule, work remotely, part time or full time depending on your availability. And the best part? You’re constantly learning new skills, imbibing new information, and upgrading your existing skills as a transcriber.
Looking for a rewarding career in transcription? At iScribed, we’re always on the lookout for dedicated professionals of all levels of expertise – hop on board!