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Thank you! Even if you get jobs all day long, which you don't, transcribeme's base rate comes out to about $3.75/hour. I don't know about going the QA route, and if that's lucrative, but I know each test is a minimum of 3 hours of unpaid work, and if you fail you have to wait at least a week to try again.
A lot of the reviews and feedback I’m finding from past freelancers is pretty old. It looks as though TranscribeMe has addressed some of the previous issues and improved their customer service (from what I can see on their site) but it looks like you still have to put in quite a bit of work at low pay to make actual money on their site in the long run.
Compared to other cyber sweatshops Rev might seem better, but compared to decent companies with higher pay and more humane policies that real transcriptionists work for Rev is a complete, utter contemptible joke. Some of these accounts in the thread are iffy. 126 votes, 68 comments. Fair warning: this is a vent in the form of a review.
TranscribeMe is 100% legit. They pay $20 per audio hour via Paypal. You can also get access to more files (thus more earnings) if you take the British, Australia and New Zealand accent tests. There are also advancement opportunities such as joining their Special Teams or becoming one of their reviewers (QA).
I started last October and for the first few weeks was earning around $5 a day. Then I passed the First Draft exam and was able to start earning around $10 a day. Two months after joining I passed the QuickStep exam, and since then I've been able to earn $30 to $40 a day if I want to.
It's a bit harder to get into than others (it's an "entrance" exam followed by 5 more exams), but it's really worth it if you can get in. Their jobs pay more than other websites. Their tool, called STOE, already transcribes most of the files; you just correct formatting, punctuation, inaudible bits, etc.
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