Apr 16, 2016 05:28:44 PM by Cathy M
Hi, I'm new to upwork and would like to know if someone could suggest a pay rate scale? I don't want to price too high, but then again, don't want to cheat myself either.
Thanks
Cathy
Solved! Go to Solution.
Apr 30, 2016 04:10:15 PM Edited May 1, 2016 04:29:35 PM by Natasha R
You need to first know how long it takes you to do an audio hour of transcription - and it is of course a lot, lot more than an hour of your time. Then factor in how much per hour you are prepared to receive to make it worth your while. Then just do the sums. Don't sell yourself short.
Stephen B
Apr 30, 2016 04:10:15 PM Edited May 1, 2016 04:29:35 PM by Natasha R
You need to first know how long it takes you to do an audio hour of transcription - and it is of course a lot, lot more than an hour of your time. Then factor in how much per hour you are prepared to receive to make it worth your while. Then just do the sums. Don't sell yourself short.
Stephen B
Aug 2, 2016 12:48:00 PM by Valerie B
Aug 17, 2016 05:31:56 PM by Jessica M
I would say that a good test rate to start would be to charge a set amount per audio minute and notate the amount of time it took you to complete the job.
Scour the job postings and track the rates offered. You can also have a look at the rates that others here charge for their services. You can determine the average that you find from these places.
From there, Make your rate. After a few jobs you can determine your efficiency and quality, as well as quality of clients and the work they send to you.
Play around with your numbers. Take a typing test, and set goals each week to increase it. After some time, you'll notice which jobs pay better, what types of clients you really enjoy working with, and what projects you find most delightful to work on.
Keeping spreadsheets has helped me see results!
Good luck
xx
Jan 14, 2017 03:33:12 AM Edited Jan 14, 2017 04:29:48 AM by Vladimir G
I've been looking at what transcription companies charge, for example Way With Words **Edited for Community Guidelines**
What is interesting is that they take into account:
. turnaround time
. number of voices
. minutes of audio
. extra (time stamp, full verbatim).
I'm going to try to take all that into account when quoting a price...
Jun 27, 2017 10:13:27 PM by Amanda B
Honestly with transcription you're up against it. It's a flooded market on Upwork and I've noticed since I joined clients are wanting to pay less and less. It used to be you could find something that paid $9 per hour (not per audio hour), now I see post after post where clients are looking for less than $6 per audio hour. Depending on audio quality (some are HORRIFIC!), style requirements and other clients needs an audio hour can take up to 3-4 hours to complete. It's an insult offering such a lowball figure and not wanting to negotiate yet expecting absolute first rate work and often to tight deadlines. I have over 5 years experience and now if I'm lucky I make pocket change. Give it a go but be prepared to have a rough road ahead.
Jun 29, 2017 05:20:45 PM by Katrina B
I am a transcriptionist and I get plenty of work for 20 per working hour (not audio hour). You have to specialize, but I have more clients than I can handle at that rate.
Jan 8, 2021 04:32:43 PM by Seyon R
HI Kathrina B, how does a person like me get jobs on this platform?
Nov 3, 2023 10:27:47 PM by Abraham A
Starting, well starting anything is tough, especially with little experience to show off in the transcription field. I am looking for a way to hone my skills even more and I am looking for a mentor or trainer or actual work to do to add to my portfolio. I believe this will boost my odds of getting work on this great platform.
Nov 4, 2023 06:53:32 PM by Fatima A
Oct 2, 2018 09:46:11 PM by Jenny L
I have seen even $5 per audio hour. At least some clients are considerate enough to pay by hourly rate rather than per audio hour. If freelancers would stop taking such a low rate, then perhaps the price would increase in the near future, but I guess everyone is desperate for money now that they would do anything even for just a little amount of money.
Nov 19, 2022 10:44:32 PM by Hakeem A
How much should I charge a client for a 7500 word transcription?
I am new any one help
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