Verbit Knowledge Base (2024)

FAQs

How much does Verbit pay its transcribers? ›

Get feedback on your pay or offer

Create an anonymous post and get feedback on your pay from other professionals. The estimated total pay range for a Transcriptionist at Verbit is $20–$35 per hour, which includes base salary and additional pay. The average Transcriptionist base salary at Verbit is $27 per hour.

Official response from Verbit

We are constantly working to improve our platform and provide more jobs for our community of transcribers. In the meantime, please keep an eye on your email inbox and continue to regularly log in to the Verbit platform as new jobs are posted daily.

Verbit has emerged as the leader in the $30B transcription industry.

Our compensation for the Legal Transcriptionist is $16 p/hour and will align with the candidate's experience and skill set.

Daily Transcription offers high-paying rates. Experienced transcribers on Daily Transcription can earn between $45 and $360 per hour of material.

It is absolutely possible to be a successful transcriptionist, lots of brands and businesses have a use for them, and the work is incredibly rewarding -- but it isn't easy, nor is it a way to get-rich-quick.

Yes, being a transcriptionist is a great side hustle. It offers flexibility, the ability to work from anywhere, and the chance to earn extra income while developing valuable skills. You can pocket thousands of dollars in extra cash if you put in enough work.

1. Rev. With more than 170,000 clients worldwide, including CBS and Viacom, Rev is one of the best sources of online transcription jobs. Rev is always looking for skilled transcriptionists with superb English proficiency and attention to detail — a solid opportunity for any budding freelance writer.

GoTranscript is quite affordable compared to TranscribeMe. You can transcribe audio files in many languages.

To be a good legal transcriptionist you must be able to type at speeds in excess of seventy words per minute, you must be able to accurately parse unclear dialogue, and you must possess a strong working knowledge of legal vocabulary and jargon.

Is there a demand for legal transcriptionists? ›

Transcribing legal documents and audio court files is an excellent way to earn money working from home. Full-time, experienced legal transcriptionists can make $60,000 or more annually and are in high demand. The best part is that most legal transcriptionists can work from the comfort of their own home.

What's the average salary of a transcriptionist? According to Indeed, transcribers in the US earn an average of $19.50 per hour, with a fairly wide range of $12.49–$30.44 per hour. 1 As a freelancer, you can expect to earn around $0.40–$3 per audio minute transcribed.

That rate varies extensively. The lowest we've seen was $15/hour, and the highest was $50/hour. It's important to note that transcribers cannot transcribe a full audio hour in one hour of work. For a full audio hour to be transcribed, organizations would need to book a transcriber for four to 10 hours.

Average transcription rates are around $25 to $40, with the highest cost for transcribing interviews (which are priced at $50 per hour on average). So, what are some typical transcription costs? The standard transcription cost per hour of audio in the U.S. and Canada is around $90, or $1.5 per audio minute.