Why Transcription Employment Will Not Go Out of Trend
If the word transcriptionist makes you think of people that quickly type doctors’ records, you only know about a small portion of the field. Transcription employment includes a diverse group of services such as medical, legal, business, educational, insurance, and even the ever-increasing bilingual market.
Transcription is an important service for many people. Transcriptionists are relied upon to accurately transcribe audio records from doctors, attorneys, educational professionals, business people and many others. Since all fields rely upon written records, virtually everyone needs a transcriptionist.
Transcription employment is here to stay and for various reasons. Be it the online businesses, the educational sector, podcasters, and government organizations, they all rely on transcription services for their day-to-day requirements.
Let’s Understand How These Industries Rely Upon Transcription Services
Transcription for business involves the creation of a textual transcript of audio/video recordings of professional interactions such as conferences, workshops, meetings, presentations, etc., either for present or for future use.
Academic transcription is required for providing accurate and high-quality research transcription to students, authors, researchers, and professors, who need transcription service for recording lectures, academic interviews, seminars, etc.
Podcasters need to have their podcasts transcribed by hiring a professional and reliable transcription service to make them searchable, for using their podcast for ready-made content in the form of a transcript and widening the audience base of their podcast.
Government organizations use transcription services for police interviews, council meetings, public reports, minutes of a cabinet meeting. They are also used by government organizations for research of environmental matters, social programs, and are also used by correctional institutes.
The Stats Justify The Truth
The Bureau of Labor Statistics (BLS) estimates that transcription employment will increase from 6% to 21%, depending upon the area.
- As the population ages, the medical field looks to see the biggest increase in transcription needs. The BLS estimates that the medical records and medical transcription field will increase by 21% from 2010 to 2020. More tests, treatments, and procedures account for this increase.
- The demand for court reporters and transcriptionists is estimated to increase by 14% by 2020.
- An increase in enrollment at colleges and universities also translates into an increase in the need for academic transcriptionists.
Some people in the transcription industry also deal with Spanish transcription or translation of documents in any language. With an increase in the number of non-English speakers in the United States, the BLS estimates that the number of interpreters and translators will increase by 42% by 2020. With transcription being a part of that industry, the demand for bilingual transcriptionists will also increase.
As you can see, the transcription field is continually growing as a service industry. It is an important service that allows a great deal of flexibility for those that work in the field. With such a wide variety of services, the transcriptionist is a person that is always in demand. That demand will never die.
Best Places To Look Out For Transcription Employment Opportunities
GMR Transcription provides accurate and affordable transcription and translation services for students/professors, businesses and writers, non-profit organizations and government institutions in the United States. GMR Transcription is currently offering jobs to general transcriptionists and Spanish transcriptionists and translators. It also has on offer medical general transcription jobs. Apart from that, the company is on the lookout for certified translators too.
The rates that the company charges for providing transcription services range from $ 1.25 to $ 4.50 per audio depending upon the number of speakers in the audio, the difficulty level of the audio and the expected turnaround time for delivery.
Speaking from the perspective of career-related reviews, GMRT scores high at 4.8 out of 5 on Glassdoor. The benefits of working for the company include remote working facility, flexible-timings, and flexible workload.
Speechpad is reputed for providing quality transcription and captioning services at affordable prices. They have an international customer base, ranging from Fortune 500 organizations to small businesses, individuals, etc.
The interns of the company receive an average median salary of $3 k per month, the independent monthly contractors receive a median salary ranging between $477-$517 per month, while the hourly rate for the transcriptionists is $10 per hour.
The review rating for the company is high at 4.2/5 on Glassdoor.
Daily Transcription is a decade-old company that provides quality transcription/translation services. They provide services in corporate transcription, market/academic research transcription, post-production transcription, legal transcription etc. They hire both professional and novice transcribers on an ongoing basis, available either full-time or part-time for working as 1099 contract workers.
The company scores well at 3.8/5 in review ratings on Glassdoor.
The independent monthly contractor receives a median salary between $1-2k per month, while the hourly median rate for transcriptionists is $10.
Voxtab is a well-known global company, providing English transcription services. We are always on the lookout for transcriptionists willing to be innovative.
The review rating for the company stands at 3/5 on Glassdoor.
The hourly median rate for editors working for the company is $14-16 per hour.
Scribie offers audio/video transcription services at very affordable rates to its clients. The company currently has on offer jobs for those transcribers who are having good English communication skills, are proficient in spoken and written English, and are able to understand diverse accents, like American, British, Australian and Indian.
The review ratings for the company stand at a solid 3.7/5 on Glassdoor.
The company pays its transcriptionists at an hourly median rate of $14-16 per hour.
TCI Job Board
Want to apply for transcription jobs at once to major transcription companies? Look no further! Introducing the TCI Job Board. To search and apply for jobs, you can post your resume here to get found by transcription companies hiring globally for transcribers and translators. After you upload your resume:
Employers will be able to browse through your profile, shortlist you and send you a letter of interest. You can also directly apply to companies that make their job listing public. You can create and manage job alerts so that whenever a new job is being posted, you'll be notified instantly.
To make the most of the myriad opportunities that the TCI job board offers to those looking for online, part-time or full-time transcription jobs, you can enroll for an online general transcription course offered by the Transcription Certification Institute or TCI. It is perfectly tailored to hone your transcription skills and be employment-ready.