Today’s post covers yet another work at home opportunity that is done through Amazon MTurk (similar to Write.com that I posted about last week). If you’re interested in doing transcription from home and you have no prior experience, you can definitely get your feet wet by doing some short jobs through SpeechInk. Most of these files are either business presentations, voicemails, or insurance claims.
How much does SpeechInk pay?
It will vary depending on the length of the file you transcribe. For example, I’m looking at a list of jobs they have posted now and it appears that max is at $37.79 for a two hour long file (video transcription) and the least is around three cents for a seven second file. And there are several more that are in between those two amounts. Is this good pay for transcription? Most experienced transcribers would probably tell you it isn’t that great. But I personally do see value in spending time working for SpeechInk and other companies that hire beginners if you have no experience in the industry and are looking to get it. Then after you’ve built up your confidence and skill level, you can apply for some better paying work.
SpeechInk does normally give out bonuses on top of the money you earned as a reward for doing good work.
How and when does SpeechInk pay?
Because the work is done on MTurk, you’re getting paid by MTurk. This means that you can either request a payout deposited into your bank account when you hit the $10 cashout threshold or you can transfer your balance over to your Amazon Payments account when you have accumulated at least $1.
How do you get signed up?
Signing up is as easy as creating an account at MTurk if you don’t already have one. Then, just do a search for the SpeechInk requester and attempt the files you want to try. You will probably notice that most of the jobs require various qualifications before you can do them. To get the qualification, just click on the “Request Qualification” button and do whatever is asked to get it. You might have to take a test, or getting the qualification might be as simple as agreeing to the terms of confidentiality agreement. It will vary depending on the type of file you’re doing.
What do people say about SpeechInk?
Many people who do these files on MTurk seem to enjoy them because they are easy to understand and there usually isn’t more than two speakers at a time per file. This makes it much easier for a beginner to keep up and do the transcription. SpeechInk is also known for paying (something that a lot of other requesters on MTurk slack on — thus giving them a bad reputation) although at various times SpeechInk has been slow to pay, but they always do.
Want to get started?
There is a ton of information here on the SpeechInk site to get you going, including a link to their Style Guide for doing the insurance transcriptions. Another popular requester for transcription on MTurk is CastingWords. You can also read this newer review of SpeechInk aka SpeechPad here.
P.S. – Want to be taught how to do general transcription? Then you might want to check out this reputable eCourse that teaches you exactly how to do the work (increasing your chances of getting hired by just about any company) and how to begin making money. The self-paced intro course lasts for seven days and is free!This post may contain affiliate links. Please see the disclosure for more information.
Get Home-Based Job Leads in Your Inbox.
16,000 other subscribers are getting blog updates and new work at home leads in their inbox every Saturday. Want to be one of them?
I'll also send you my FREE report, Top 10 Ways to Work at Home.