If you can't do the job online from any country in the world, you won't find it on my list!

What do they do?

A transcriptionist is someone who listens to voice recordings and converts them into written reports. The work can be very repetitive because you may find that you have to listen to the same recording several times in a row to make sure that you are tying what’s being said correctly. This can become even more of a challenge if the recording itself is of poor quality or it may be hard to understand what the person is saying because of an accent.

There are several types of transcriptionistsgeneral, medical, or legal transcriptionist. To become a general transcriptionist, no prior training is required, but you’ll need a good computer and reliable internet connection to get started. However, for the other two, some form of experience or prior training is needed. If you are just starting out in the field, it’s better to start as a general transcriptionist to get a sense of what is involved, and then if it’s something you like and want to do full-time, you could specialize through more training.

What is the rate of pay?

The amount you earn will depend on your level of experience and your area of specialty. According to the Bureau of Labor Statistics (BLS), the average salary of a medical transcription as of May 2015 was $34,890 per year or $16.77 per hour and that of a legal transcriptionist was $49,500 per year or $23.80 per hour. If you’re starting out as a general transcriptionist, you can expect to make around $15.00 per hour. Something to keep in mind, though, is that a transcription or audio hour is different from a regular work hour. For example, if a job says $65 per audio hour, you’ll get paid that amount for every hour of audio recording you type but in reality, it could take you much longer to transcribe the recording if you’re inexperienced or the quality is poor. 

Real worldwide transcription jobs online

1. Company: Appenscribe

An Australian based company that hires people from around the world to do transcription work. No experience is required and they have audio recordings in many different languages to choose from. The registration is quite easy and straightforward and only takes a couple of minutes. The amount you are paid will depend upon your level of experience, the kind of task as well as the difficulty of the task. In addition, there are opportunities to earn bonuses. With that said, it appears most people are making at least $10.00 per hour.
Payment method: Paypal or Skrill twice a month on a regular basis.

2. Company: TranscribeMe

Hires transcriptionists from around the world. Before you can begin to work for the company, however, you must pass a short test that takes about 5 minutes. Once you pass the test, you can begin transcribing and you don’t need any special equipment to complete the tasks.
Payment amount: 3 cents per audio minute or $20 per audio hour. There is also a bonus of $2 per audio hour if you do a good job.
Payment method: Paypal on a weekly basis. The minimum payout is $10.

3. Company: Transcribe Team
Payment amount: $0.40 - $1.25 per audio minute or $24 - $75 per audio hour. Their site says that the average monthly earnings range from $132 up to $2,282.
Payment method: Pays via Paypal monthly.

4. Company: Speechpad

In addition to transcription jobs, there are captioning tasks as well. There are a number of skills test you must pass before working on real tasks. To work, you’ll need a computer, headphones, and reliable internet connection. In addition, if you’re using windows operating system, they recommend a foot pedal.
Payment amount: Per audio minute is $0.25 for entry level and up to $1.00 for more experienced workers. Captioning jobs pay $0.30 per minute to $1.00. This works out to close to $15 per hour for newbies and $60 for more experienced workers.
Payment method: Pays via Paypal every Friday.

5. Company: Rev

You’ll need to fill out a lengthy application and pass a transcribing test. After that, you are free to work as much as you want or as little as you desire from anywhere. Their website says that the average monthly earnings are $241 - 1, 945, and work seems to be available on a regular basis.
Payment amount: $0.40 - 0.65 per audio minute or about $24 to $39 per audio hour.
Payment method: Paypal on a weekly basis.

6. Company: GetTranscribed

Hires native English speakers from around the world. Although you are not required to have experience, you have to pass a skills test.
Payment amount: $0.25 per audio minute or about $15 per audio hour.
Payment method: Pays via Paypal on a monthly basis and minimum payout rate is $100.

7. Company: Scribie

The recordings are mainly speeches or telephone interviews, given in 6-minute intervals. No experience necessary. There is also an opportunity to earn bonuses and you can qualify to become a reviewer which earns you more than just being a transcriptionist.

8. Company: Casting Words

Payment amount: $0.20 - 0.5 per audio minute or $12 - 30 per audio hour.
Payment method: Pays via Paypal every Friday but your account must be verified first before you are assigned tasks.

9. Company: Babbletype

A well-established company. Newcomers are welcome but you have to pass a skills test to qualify for real work.
Payment amount: $0.4 - 1.00 per audio minute or $24 - 60 per audio hour.
Payment method: Pays via Paypal every week.

10. Company: Crowdsurf

Payment amount: $0.03 - 0.20 per audio minute or $24 - 60 per audio hour and opportunity for bonus.
Payment method: Pays via Paypal every week.

Other considerations:

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