Be to check our list of the best transcription jobs to see how this opportunity stacks up compared to the others.
In the current climate, more and more people are looking to online remote work as a way of securing their income and generating more money from the comfort of their own homes.
Transcription is a great way to do this. In this Tigerfish review, we will look into a popular platform, considering the basic information and the pros and cons of signing up as a Tigerfish typist.
Although platforms like Tigerfish do offer online transcription work, you can make significantly more money by working as a freelancer. Take the 7-lesson Free Mini-Course from Transcribe Anywhere to learn how to maximize your income.
Tigerfish is an online platform, employing the skills of freelance typists to provide transcription services to various clients and businesses. The company was founded in 1989, making it one of the first established providers of remote transcription jobs.
Since its inception, Tigerfish has proven to be a legitimate source of income for many transcription specialists. As well as providing work for remote typists, Tigerfish also have offices situated in the US for on-site employees to work from.
This is definitely a legitimate company offering real earning opportunities, but is Tigerfish a good option when it comes to online transcription work?
With so many competitors now saturating the market and more and more popping up every day – how does tiger fish compare to its newer, perhaps more digitally advanced competitors?
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What Sort of Jobs Are Available on Tigerfish?
Tigerfish provide transcription services to a wide range of companies across various industries. These include legal, corporate, entertainment, healthcare and charity sectors. With such a range of jobs available, there is likely to be something to suit all typists.
Some of their high profile clients include Gap, Airbnb, and USA Today. Clearly, Tigerfish is a well-regarded, legitimate provider when it comes to transcription work.
The freelance jobs available through Tigerfish provide typists with all the benefits that come along with remote working. The freedom to work whenever you choose and take on as many jobs as you desire.
As well as transcription jobs, Tigerfish also employ proofreaders and editors.
Prospective Tigerfish typists could benefit from a huge range of jobs available on the site, but how accessible are these opportunities? Are they open to beginners or exclusive to those with proven prior experience in transcription? And most importantly – are they well paid?
To apply for work with Tigerfish you will need to be 18 years of age or older and a resident of the United States. You’ll also need all the basics like an excellent understanding of the English language and good typing and grammar skills.
The good thing about Tigerfish is that prior experience is not required. The platform is open to beginners and their comprehensive style guide makes it easy for almost anyone to grasp the fundamentals of transcription.
Applications to Tigerfish must be submitted via email. You will need to send all of the required information as well as an example of your transcription work. The test audio file that you’ll be required to transcribe is available to download from the Tigerfish website.
In terms of the application process, it definitely seems to be running a little behind the times. Tigerfish won’t discuss applications over the phone and you could be waiting several weeks for a response to your application. The website is also not especially user-friendly.
Let’s look at the equipment you will need to work successfully for Tigerfish. Firstly, you will need access to a stable internet connection and a computer – both very standard in this line of work. However, Tigerfish software is not compatible with Mac’s, so you will need a Windows PC, this rules out a huge number of applicants.
Next, you will need a telephone number through which you are directly contactable; this is how Tigerfish will carry out most of their communications with you.
You will also need to download Express Scribe’s Transcription Software in order to complete the transcription test as part of the application process. This software is free, however, should your application be successful, Tigerfish then ask that you purchase a copy of Start Stop’s Power Play for Windows Media. This software alone will set you back around $200. For most people, this is a huge investment and one which is not required with most online transcription platforms. This might be a major deterrent for some prospective freelancers.
You’re also likely to need a good quality headset and foot pedal to enable you to work more efficiently and accurately. Coupled with the expensive software, working for Tigerfish could prove to be a pricey endeavor.
Be sure to see some of our other reviews:
How Much Does Tigerfish Pay?
So this is the big question. With a significant initial investment required of Tigerfish typists, do the rates of pay offset this expense?
Nowhere on the Tigerfish website will you find reference to typist’s payment rates. This is slightly unnerving and is likely to put off a lot of prospective freelancers.
Based on reviews posted by a number of current or previous Tigerfish typists, we’re led to believe that the current rates are set at $0.005 per word. This translates to around $15 per hour worked, based on average words spoken per minute and words transcribed per minute. It’s important to note that these figures are based purely on speculation and have not been confirmed by Tigerfish.
Payment rates also fluctuate greatly based on the individual’s skills and experience and the level of difficulty associated with the specific job.
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Tigerfish Pros & Cons
Here we will evaluate the pros and cons of working as a typist for Tigerfish:
1. Open to Beginners
One of the only pros that we could establish based on the information available regarding Tigerfish, is that the platform is open to those without prior transcription experience. Their style guide is helpful for those looking to start out on their transcription career path and makes it easy to accurately follow the Tigerfish guidelines.
2. Proven to Be Legitimate
Beyond that, Tigerfish have more than two decades of proven experience working in the transcription industry. So they are definitely a legitimate earning platform, although, their website and its lack of useful information might have you believing otherwise.
1. Rates of Pay Not Disclosed
Tigerfish don’t state their rates of pay anywhere on their website. Not only is this likely to be off-putting for many freelancers, but it’s also somewhat unethical. When applying for jobs, workers have a right to know the prospective rates of pay, particularly in the freelancing world where workers are notoriously underpaid and work is increasingly precarious.
2. Website is Not User-Friendly
The lack of comprehensive information along with applicants being asked explicitly not to call the support team makes the whole website appear unreceptive to applicants.
3. Large Investment Required of Typists
The most significant pitfall of working for Tigerfish is without a doubt the investment in expensive software. Given that this is not required with most other transcription platforms, it is reasonable to question how necessary this is in providing a successful, efficient service.
All in all, there are absolutely better options available out there for freelance transcription specialists.
While Tigerfish does appear to provide legitimate money earning opportunities as well as the benefits that come with working remotely, the lack of clarity regarding payments and the need for investment in expensive equipment means that this is not the best option available.
Other leading transcription platforms offer all of the same perks, without the need for a large initial investment.
I hope this Tigerfish review has been helpful for you. Be sure to check out the free transcription mini-course from Transcribe Anywhere if you want to learn more about making money with your typing skills.
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