How Much Money Can You Make As A Transcriptionist With Tigerfish?
Welcome to our review of the transcription company Tigerfish.
Reviews like this one are always worth checking out as not all transcription company’s are the same. Some are better than others, and some offer good opportunities for beginners, whereas others require high skill levels. Our research shows that Tigerfish could be a good option if you are a complete beginner to this method of making money online.
But how much can you make, and is it worth your time? This is what we will be finding out today in this thorough review of Tigerfish.
What Is Transcription?
Transcription is the process of converting live and/ or pre-recorded audio files into written form. The process might seem complex that first, but it really isn’t. The hard bit is producing consistently accurate work that contains good grammar.
What is requires is that you listen to an excerpt from an audio stream and write whatever you hear exactly as it is.
What Is Tigerfish?
Tigerfish is an online platform that offers professional transcription and editing services.
The company positions itself as one of the best in the industry and it has been in business for more than two decades.
The company promises its clients to deliver a fully edited transcript in less than two hours just to showcase their high level of experience and professionalism.
What is of interest to us in this review is that Tigerfish is one of the few legitimate transcription platforms that hires transcribers with no experience. This means that anyone can apply for positions so long as you have an interest in transcribing.
How Do You Sign Up As A Transcriber With Tigerfish?
If you believe that you have a keen eye for detail and you are a quick typist with a strong command of written English, then signing up with Tigerfish could be a very good opportunity for you to get a foothold in transcription work.
The company does not require proof of prior experience from prospective transcribers.
They therefore hire people with little or no experience in the business.
The only requirement is that you must be 18 years or above and a US citizen or legal resident. You also need access to a Windows-based computer with high-speed internet connectivity to work effectively on this platform.
How Do You Qualify To Work For Tigerfish?
To be considered for transcription jobs you are required to download a free copy of the Express Scribe transcription software and the Tigerfish Transcription Style Guide for insights on how to transcribe with Tigerfish.
PIt is imperative that you take your time to read the style guide to understand what exactly is required.
You also have to undertake a test to determine and assess your transcription skills. The test consists of three 5-min segments representing a focus group, an interview, and a presentation, respectively.
To pass the test, you must transcribe all the three audio segments as per instructions and submit the transcript in one document. You also have to indicate how long it took you to transcribe each file.
Unfortunately, the hiring process takes weeks or even months. Moreover, you will only receive a response if you’ve been hired, otherwise, you will never hear from Tigerfish if your application was rejected.
Once you are hired, you can get started right away by logging into your account and visiting your dashboard for transcription jobs.
What is good is that Tigerfish has plenty of jobs to offer transcribers regardless of your location or level of experience.
How Much Money Can You Make As A Transcriber With Tigerfish?
It is true that Tigerfish has plenty of jobs, but the pay per job is extremely low. Transcribers earn as low as $0.005 per word transcribed, which translates to about 3 or 4 cents per line transcribed.
However, this does not come as a surprise considering the fact that Tigerfish is keener on hiring beginners rather than experienced transcribers.
Nevertheless, the pay seems to rise as you improve your transcription skills, as experienced workers earn about $8-10 per hour.
Learn how to maximise your earnings as a transcriber by reading OUR GUIDE
How Do You Cash Out Your Money With Tigerfish?
Tigerfish are very ambiguous when it comes to payment.
They do not state their pay rates or their minimum payout threshold. You have to join to find out.
However, like most transcription websites based in the US, we established that payments are made weekly via PayPal.
Why Should You Join Tigerfish?
– Free to join
– Accepts beginners
– Plenty of transcription jobs
– Excellent platform to gain experience
Are There Any Reasons Why I Shouldn’t Join Tigerfish?
– Accepts US citizens only
– You have to undergo tough tests to join
– Hiring process takes a very long time
– Little pay
– Average help desk services
Check out our other reviews of transcription companies;
Can You Really Make Money With Tigerfish?
Tigerfish is a highly reputable transcription platform that accepts beginners and experienced transcribers alike. It is a long established company that has been around for more than 2 decades.
However, the pay is not significant, and some would say that $0.005 per word transcribed is certainly discouraging to say the least.
With this in mind, it is apparent that you cannot rely on this platform for a steady income.
Nevertheless, Tigerfish remains the perfect platform for anyone seeking to learn the ropes and gain experience in the transcription business.
Our Preferred Way To Make Money Online
Working as a transcriber with a company like Tigerfish is a good way to create an online income without having any previous experience.
However we consider the best way to make money online without any previous experience or skills is with affiliate marketing.
As an affiliate marketer, with your own website, you will create an opportunity to generate multiple income streams.
It’s easy to get started and completely free. You can get 2 free websites, free training and unlimited support. If you want to find out more CLICK HERE
Star Rating 2.5/5-A legit platform for making money online as a transcriber. You do however have to be a U.S citizen to sign up, and getting onboard as a paid transcriber may not be all that easy or quick.