How Much Money Can You Earn As A Transcriber With Verbal Ink?
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Today we are reviewing another transcription company that we came across called Verbal Ink. This review will cover all the important things you need to know about this company if you are considering signing up with them.
We will be finding out if this company is worth considering and how much they will pay you should you wish to work with them as a transcriber.
If you believe that you have a keen eye for detail and an ear for languages, then transcribing with Verbal Ink could just be the perfect job for you, however you are likely to need experience to get work with this company.
Verbal Ink offers you the chance to make money transcribing from home. As a transcriptionist you will need a computer with a stable internet connection, transcription software and good earphones/headset. If you weren’t aware that you needed the aforesaid equipment for transcribing then chances are you aren’t an experienced transcriptionist, in which case Verbal Ink may not be a good fit for you.
However don’t let it put you off because if you happen to have the necessary skills there could still be opportunities.
What is Verbal Ink?
Verbal Ink is a transcription platform that offers you the chance to make money from home by converting audio files into written documents. The company was previously known as Escriptionist before rebranding to Verbal Ink in the year 2008.
Unlike other transcription platforms that accept newbies from all over the world, Verbal Ink only hires experienced transcribers residing in the US. However, if you believe that you have strong transcription skills then you may still want to try your luck.
How Do You Become A Transcriber with Verbal Ink?
Unlike other online companies you must also submit a cover letter along with your resume to the email address provided on their website to be considered for transcription jobs. Your resume should include any relevant work experience to increase your chances of landing the job.
As mentioned earlier, Verbal Ink is only keen on hiring experienced transcribers. For this reason you must go through a tough test to determine your transcription skills and level of experience for you to work for Verbal Ink.
Required skills for transcription include:
– Good Listening
You must have an ear for languages/accents to accurately transcribe text
– Fast and Accurate Typing
Meeting deadlines is an important requirement for all transcribers. For this reason, you must be able to type quickly and accurately.
– Keen Eye for Detail
All transcriptionists are required to take note of all the small details to meet the requirements of the client.
– Ability to Research Widely
Some tasks involve transcribing difficult terms such as medical terminology and engineering lingo. With this in mind, the transcriber is required to research widely to familiarize themselves with the terms in question.
– Fast Learner/Ability to Adapt to Different Style Guides
Verbal Ink expects all transcribers working for them to strictly stick to the provided style guides.
How Much Time Do I Need To Commit With Verbal Ink?
Once you are hired you need to let Verbal Ink know in advance how much work you are able to do each week.
This is great as it gives you the freedom to choose your schedule. You may choose to work your socks off each week by doing plenty of jobs or do 1 or 2 jobs daily as you take on other tasks elsewhere.
However, you must work within set deadlines to increase your chances of receiving more jobs.
Nevertheless, just like any other transcription website, Verbal Ink occasionally experiences inconsistent workflow. This means that you cannot solely rely on this platform for your basic income.
It is advisable that you sign up with several other transcription websites as a fallback plan, in case Verbal Ink lacks any available jobs.
How Much Can You Make With Verbal Ink?
Verbal Ink does not disclose their pay rate publicly on their website. You will only know about the payment details once you are hired to work for them. Nevertheless, we discovered that they do pay $0.85 per audio minute transcribed.
This means that you can earn up to $51 for every audio hour you transcribe. However, these high-paying tasks are rare, as most jobs that come through do not go beyond 15 minutes.
Check out our guide to increasing your earnings as a transcriptionist
How And When Do You Get Paid By Verbal Ink?
Verbal Ink are very secretive when it comes to their payment terms. However, after carrying out some research, we found out they pay once a month via PayPal or Bank Transfer.
Reasons You May Consider Verbal Ink Worth It
– Legitimate transcription platform
– High pay rates
– Plenty of jobs available
– Supports PayPal payments
Things You Need To Consider Before Joining Verbal Ink
– Only hires experienced transcriptionists
– Available to US residents only
– Hard to get accepted
– Ambiguous pay
Check Out These Reviews On Other Transcription Job Platforms;
Is Verbal Ink Worth Considering?
Verbal Ink is a great transcription platform that offers high payouts to freelancers. Also, as a freelancer with this site you get the chance to choose your own work schedule.
However, they only hire experienced workers living in the US. You will also have to send a cover letter and your resume to be considered for a transcription job. So, if you are a newbie in this industry, it might be extremely hard for you to join Verbal Ink.
Star Rating 3/5-A good transcription platform mainly for experienced transcriptionists or those with the necessary skills. The company only accepts members from the U.S however.
Another Way To Work Online From Wherever And Whenever You Choose
The great thing about working with companies like Verbal Ink is the opportunity it provides for you to work to your own schedule.
You are in control of whenever or from wherever you want to work. As long as you have a good internet connection and a laptop you are good to go.
The same goes with having your own online presence with a website. A website can provide you with many income streams and a very flexible lifestyle.
You can even expand your transcription business by advertising your skills and/or promoting products that relate to transcription and earning commissions (affiliate marketing).
Setting up your own online business with a website has never been easier. You can get started today for free with 2 Free websites, free training and unlimited support FIND OUT MORE HERE