Chances are you are looking around for work-from-home jobs. But most turn out to be scams or pay peanuts.
Sites like Daily Transcription claim to be the real deal. If you’re here, you’re probably checking out Daily Transcription reviews to know whether you can really make money as a transcriber on their website.
Well, we have everything you need to know, including the good, the bad and the ugly. So, is Daily Transcription legit?
If that is the question on your mind, you have come to the right place.
For those of you who have been following my website, you’ll know that I always go deep below the surface to evaluate every online money-making opportunity, before making my recommendation.
Honest, unbiased reviews – that is what you will find here.
And if you’d like to see an alternative, honest, and legitimate platform to start earning money online, then please click here.
Daily Transcription Summary
Product Name: Daily Transcription
Founder: Jason Reeves
Product Type: Transcription/ Translation service
Best For: Freelancers
Summary: Daily Transcription is a company connecting freelancers with people who are in need of transcription/translation services. They also offer captioning services.
Overall Ranking: 5/10
What Is Daily Transcription
Founded by Jason Reeves in 2005, Daily Transcription is a platform connecting freelancers with people who are in need of transcription/translation services.
Daily Transcription prides itself for providing quality transcription and translation services. It promised 100% human transcriptionists, American transcribers, 98% accuracy, and assured data security. They have passed multiple security audits from Fortune 500 companies to government agencies and was cleared to handle both pre-aired and confidential content.
The company has been around for more than 15 years now with offices in Los Angeles and New York. They’ve transcribed millions of hours of footage for thousands of clients which include ABC, Bank of America, Harvard Business School, HBO, NBC Universal, and The New York Times.
Seeing all those well-established companies on their client list is definitely a boost of confidence. And we know that Daily Transcription must have done something right to earn the trust of those big customers. Daily Transcription only wants to hire the best so they can fulfil their 98% accuracy guarantee to their clients.
On top of transcription services, the company now also offers translation and closed captioning services.
There are different languages offered with their translation services including Arabic, Chinese, French, German, Greek, Hebrew, Hindi, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Spanish, Romanian, Russian, Thai, Turkish and Vietnamese.
How Does Daily Transcription Work
If you are an employer or individual looking to outsource a related job, you can get your job done by Daily Transcription.
And if you are a freelancer seeking home-based opportunity, Daily Transcription offers you the chance to do just that. However, do note that for Transcriptionist, they only accept applications from United States or Canada. As for the Subtitling/Captioner and Translation, candidates outside the United States and Canada who are proficient in a 2nd language can be considered too.
To get started with GMR Transcription, you will have to first choose your career:
Then, you are asked to fill up some basic details such as:
- How you got to know the company
- Attach a resume etc.
After filling up the online application form, you will be redirected to a Skills Assessment Test as well as an actual Transcription test to assess your skills.
To increase your chances of getting selected, you need to have typing skills of at least 50wpm and excellent listening skills. As for the position of Subtitler/Captioner, previous experience is a must. No test will be administered to anyone who has not shown they have experience in the field.
Once you have completed the test, Daily Transcription will then assess your accuracy and quality of your work. There is no information online on how long it takes before you receive feedback for your application.
As a general rule, if you have not received anything from them within 2 weeks, you can start looking for other opportunities.
What Do You Need To Work At Daily Transcription?
I have reviewed several transcription service companies and the requirements all seem to be quite similar.
To work at Daily Transcription, all you need is a computer or laptop, a transcription software such as Express Scribe or otranscribe.com, a good set of headphones, stable internet, and a foot pedal to make pausing and playing easier.
I would also recommend the use of some word processing software like Word Perfect, MS Office. Grammarly is a software that can be a vital tool in this business.
How Much Money Can You Make
On the Daily Transcription website, it is stated that their top transcriptionist makes anywhere from $250- $950 per week.. Of course, that depends on their experience level and the number of jobs they take on.
The pay rate is between $0.75 to $0.85 per audio minute. This translates to $45 to $51 per hour – which is higher than most of the transcription services I have reviewed including Scribie and Rev.
You can cash out your payment weekly by check.
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What I Like About Daily Transcription
1. Decent Pay Rate
Although not the best in the market, Daily Transcription does provide a decent pay rate, better than some other transcription companies like Rev.
The payment is also issued weekly which means that it is a good source of quick cash.
As a transcription freelancer at Daily Transcription, you will be assigned work based on the amount of time you sign up for on their scheduler. That being said, you are allowed to accept or deny job as you deem fit.
Since you have the flexibility to decide which jobs to take on, you can choose jobs that fit into your schedule.
You can take on as much or as little work as you want. It can be a side hustle on top of your daily job or a source of extra income as a student. However, don’t expect to get a full-time income straight away from this. Depending on the job availability, you may not get the amount of job you want.
What I Don’t Like About Daily Transcription
1. Payment By Checks Only
The only payment option is by check, sent weekly in snail mail.
In my opinion, it would definitely be more convenient if they considered more payment options such as PayPal. That way, you don’t have to wait for it to arrive in your mail.
2. No Guarantee of Work
Working as a freelancer means there is no guarantee there will be work. You cannot rely on being able to work whenever you want to and however much you want to.
If you are new in this area, do keep in mind that a universal challenge of being a transcriptionist is that you may need to do some research on the topic you are working on. Understanding the terms used makes it easier for you to transcribe the information accurately.
As a result, a $51 per hour pay rate may not necessarily mean that you can earn that amount of money within an hour. You will have to take into account the time spent on doing research as well.
Is Daily Transcription A Good Place To Work?
Overall, Daily Transcription offers you a legit way to make money from home. Their pay rate may not be the best but it is better than some other companies. There is nothing too good or too bad about this company. It is a decent place to work if doing transcription/translation job is what you want.
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What do you think about Daily Transcriptionor affiliate marketing? Share with me your thoughts at the comment section below!