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TRANSCRIPTION-Transcription rates can vary widely, sometimes as much as 40% between transcribers, depending on the turn around time needed and the type of document. Transcription work can include medical, audio, dictation and digital files as well. Charges can be calculated by line, character, page or even per word. Because transcribers charge such varying amounts, it is a good idea to use competitive rates when advertising your services. Be sure to calculate the amount you need to make for a certain allotted amount of time, and figure your rates from that point.
Some example rates for various types of transcription are as follows:
Medical Transcription- 7.9-10 cents per line (60-65 character per line).
General Transcription- $2-$5 per page.
Audio Transcription- $1.59-$2.00 per minute or $30-$40 per hour.
Dictation Transcription-Usually by the hour or per page.
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