TranscribeMe
  • Reputation
    (3)
  • Support
    (2.5)
  • Time Required
    (2.5)
  • Rate of Pay
    (2)
  • Volume of Work
    (2)
Overall
2.4
Comments Rating 0 (0 reviews)

Summary

TranscribeMe offers home-based transcription work.

Although I personally believe that TranscribeMe is a legit transcription platform – it’s my opinion that the rates of pay are too low to make this a viable full-time work from home job opportunity.

TranscribeMe is probably best for earning a bit of money on the side for the average person.

Pros

  • A legitimate transcription platform.
  • Get paid to work online from home.
  • Set your own hours.
  • Room for ‘promotion’.

Cons

  • Complaints about trying to pass the qualifying exam.
  • Work volumes are inconsistent.
  • Low rates of pay per hour.

Opinion Disclaimer: the content in this review is ultimately a reflection of my own opinions and is not intended to malign any religion, ethnic group, club, organization, company, individual, anyone, or anything.

Name:TranscribeMe
Website:TranscribeMe.com
Real owner:Alexei Dunayev + Greg Feerer
Platform:Independent
Type:Remote transcription work
Price:Free
Trial?N/A
Money-back guarantee?N/A
Rating:2.4 / 5
Recommended?Yes – some caution (low pay)
How to join?Apply via website

Legitimate work from home jobs are hard to come by.

Because I’ve been participating in and reviewing these sorts of opportunities since as far back as 2007.

And in my experience, the vast majority are either flat out scams – or just don’t pay well enough to justify the effort.

This is one of the main reasons why I actually gave up on working for other people – both online and offline – and instead decided to focus on building my own 5-figure online affiliate business (see how here).

But I’ve been hearing a lot about TranscribeMe.

So, I decided to take a closer look to see if they are a scam or a legit work from home job opportunity.

And this TranscribeMe review reveals my findings.

Screenshot of the TranscribeMe website.

Image source: TranscribeMe.com

What is TranscribeMe?

TranscribeMe is a crowdsourcing platform that connects people who want their audio and video transcribing into text with folks who are prepared to carry out that work.

This means that TranscribeMe is able to offer you the chance to work as a transcriptionist to make money online.

TranscribeMe claim to pay you between $15 and $22 per audio hour.

With the average monthly earnings supposedly being $250 – with the top earners apparently making $2,200 per month.

Alternatively, if you’re looking to use TranscribeMe to transcribe your files, prices start at $0.79 per minute with a 98% accuracy rating – up to $2 per minute for 100% verbatim transcription.

TranscribeMe also offer translation services.

Who’s Behind TranscribeMe?

Crunchbase cites Alexei Dunayev and Greg Feerer as the founders.

TranscribeMe Inc is the associated company name and the contact address is:

1111 Broadway Suite 300, Oakland, CA 94607, USA.

How Does TranscribeMe Work?

If you’re looking to join TranscribeMe as a transcriptionist then the first thing you need to do is register a free account.

Then you have to complete the training and exam course.

If you pass, you’ll either be offered work right away – or put on a waiting list whilst your registration is processed.

The work itself involves transcribing clips that usually last no more than 4 minutes in length.

Some may only last a few seconds – since the whole files are split into chunks and dispersed between transcriptionists to make the work easier to complete.

Once you’ve completed a task, it needs to pass quality control.

Once the timestamps and speaker IDs are added – the file will be sent for a final review before being sent back to the client.

What Sort of Equipment is Required?

The main specification is that you must use the Chrome browser to access the TranscribeMe platform to complete your work.

Other than that, all you need is a stable internet connection, and a laptop or PC to start working.

You may wish to use headphones to help you hear the audio better.

How Much Does TranscribeMe Pay?

TranscribeMe claim to pay between $15 and $22 per audio hour.

This means that if it takes you 4 hours of clock time to complete 1 hour of audio work then you’ll only be paid for the 1 hour – not 4.

Is TranscribeMe a Scam or Not?

Based on everything that I’ve seen so far?

I think that TranscribeMe is a legitimate transcription service and not a scam.

But as far as work from home job opportunities go?

I think there are several points to consider before you start giving up your time to do transcription work.

And that’s what I’d like to discuss with you in the next part of this Transcribe Me review.

TranscribeMe Reviews

Before I share with you my opinions on whether TranscribeMe is a good work from home job opportunity – I want to share with you the real TranscribeMe reviews that I found online from actual users.

Because whilst the vast majority were pretty good – they do highlight some potential issues.

Good TranscribeMe Reviews

I ignored the TranscribeMe affiliate reviews and instead went looking for feedback from real users.

TranscribeMe has a 4.5/5 star rating here on Trustpilot from an aggregate of 64 reviews at the time time of writing.

Looking through the individual reviews however, it appears that most of the positive feedback comes from users that actually submitted work to BE transcribed – rather from people doing the transcription work.

So I had a look at their Facebook page instead.

Where some of the positive points raised by transcriptionists included:

  • The ability to progress from transcriber to ‘QA’ and ‘Reviewer’.
  • Good community support.
  • Capacity to do higher paid work later on.

Screenshot of a positive Facebook review for TranscribeMe.

TranscribeMe Complaints

I found quite a few complaints on the same Facebook page.

The main complaints included:

  • Spending a lot of time on the exam – only to fail.
  • Failing the exam even when the answers were ‘correct’.
  • No detailed feedback after a failed exam.
  • Poor communication.
  • Very low rates of pay.

Screenshot of a TranscribeMe complaint posted on Facebook.

My Thoughts On TranscribeMe

Having looked at the reviews and combined them with what I know about transcription work, here’s what I think you need to consider before getting involved with TranscribeMe as a potential transcriptionist.

1: The Actual Rate of Pay is Low

On the face of it?

Getting paid $15 – $22 per hour sounds great.

But the key point is that this rate only applies to an ‘audio hour’.

The industry standard is roughly 4 hours of transcription time per 1 hour of CLEAR audio – that’s a 4:1 ratio.

(If the audio is unclear or messed up then it’s going to take longer).

So, a 15 minute clip of clear audio is going to take you around an hour of your time to transcribe.

For which you’ll typically only get paid between $3.75 and $5.50 for your efforts by TranscribeMe’s rate of pay.

And it’s worth remembering that the individual tasks are often less than a minute long.

This low rate of pay is reflected in some of the complaints – with one user saying they were only averaging around $1 – $1.50 per hour of clock time:

Complaint posted on Facebook about TranscribeMe's low rate of pay.

2: Be Prepared to Waste Your Time

As the complaints posted earlier suggest – you should be prepared to potentially end up wasting a lot of your time trying to pass the transcriptionist exam.

Obviously, with TranscribeMe advertising a level of 98% – 100% accuracy to their clients – it makes sense that you’ll need to be highly proficient in your work.

As such, you can expect the exam to be pretty tough to pass.

This is all fair enough.

But what worries me is that some of the users said that when re-sitting the exam, they copy and pasted answers that were correct from the previous attempt – which were then marked as incorrect.

So, I wouldn’t expect to get through the exam process without a few headaches.

3: The Work May Be Inconsistent

One of the problems with transcription work – and often freelancing positions in general – is the availability of work.

As such, it’s worth keeping in mind that you may not have access to regular work and thus a stable income with TranscribeMe.

Especially given that work is assigned on a first-come first-serve basis.

So, you may need to sign up to other transcription platforms to up your workload.

You might also want to throw a few survey and rewards websites like 20 Cogs, Swagbucks, and OhMyDosh into the mix to earn a few more pennies on the side.

And if you’re over 18 and live in the UK or Ireland – you can earn much more doing matched betting with OddsMonkey to earn some decent cash.

Or, if you like writing, you can start your own blog and learn how to monetise it using the affiliate strategies taught at Wealthy Affiliate.

4: There’s Some Flexibility

I work from home myself.

And in my opinion – it’s infinitely better than wasting my time dragging myself to an office every day to do something mind-numbing.

So, working as a transcriptionist from home is going to allow you some flexibility in your workday – which could be invaluable if you have other commitments too.

Just be mindful that if you end up wasting time on Facebook or YouTube – you won’t be getting paid!

5: You’ll Need to Be a Speedy Typist

There’s no official requirement as to how fast you must be able to type.

But I believe the industry standard is about 50 – 80 words per minute to be a proficient transcriptionist.

Any less than this and your relative hourly rate is going to suffer.

I myself am a horrible typist.

Which is why I prefer to work at my own pace building out my affiliate site with blogs and reviews – which allows me to earn 5 figures online.

6: The Editors Can Help You

I believe that you’re allowed a percentage room for error in your transcription.

Whilst I’m certainly not saying that you should half-ass your work – just keep in mind that some of your mistakes will be corrected by someone else during the editorial stage.

So, I wouldn’t burn yourself out on things like ambiguous punctuation or formatting.

Pros

  • A legitimate transcription platform.
  • Get paid to work online from home.
  • Set your own hours.
  • Room for ‘promotion’.

Cons

  • Complaints about trying to pass the qualifying exam.
  • Work volumes are inconsistent.
  • Low rates of pay per hour.

Conclusion: Legit – But Poor Pay Overall

I don’t think that TranscribeMe is a scam.

Because they’re providing a legitimate service and they aren’t really trying to deceive anyone.

But is TranscribeMe worth your time and effort?

Well, I can’t speak for you – but I personally feel that the amount of effort required to pass the exam and actually do the work unfavourably outweighs the low rates of pay.

I would only really feel happy recommending TranscribeMe if you’re already experienced in transcription work and are well aware of what this type of work entails – along with its limitations.

Otherwise, I think that TranscribeMe is probably best viewed as a bit of a ‘side hustle’ that could make you a bit of extra pocket money on the side – rather than being a full time source of income.

What’s The Alternative?

If you like writing, then I suggest setting up your own blog and monetising it with affiliate links and/or display advertising.

I’ve earned 5 figures online using these strategies.

But without having to pass any annoying exams or be able to type at a certain speed.

And if you’d like to learn how to set up your own profitable blog around any interest that you choose – click the button below to get started.

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Yes - show me how!

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