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Online transcription work is increasingly popular and offers a range of different benefits to freelance contractors. Remote working means a huge increase in flexibility, freedom, and control over your own life. In this Way With Words review, you’ll learn about one platform that makes remote work possible.
This review will consider the pros and cons of working as a freelance typist for Way With Words, an online platform offering clients a way of outsourcing their transcription needs to freelance typists. It’s good value for the client, but how does Way With Words fare for the freelancer?
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Way With Words Review: The Basics
Way With Words is a transcription company based in the UK. The company was founded in 2001 and has been providing a large number of clients with high-quality transcription services ever since. Way With Words hires freelance contractors to complete the transcription work that is provided through the site.
Although the company is based in London, they also have offices in various other areas of the world: Australia, Canada, South Africa, and the United States. They also work with clients and contractors from all over the globe.
The jobs available on Way With Words include transcription in the medical, legal, financial, market research, and entertainment sectors. They also offer translation, captioning, and copywriting through their website. The work is extremely varied and according to their website and a number of reviews, it seems to be pretty consistent and reliable.
Way With Words doesn’t hire on a year-round basis, so you’ll need to keep an eye on their website to stay up-to-date with any new job opportunities.
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As a prospective Way With Words transcriptionist, you are not required to hold any formal qualifications. The site is open to absolute beginners, although those with some experience or relevant qualifications may be looked upon more favorably in the application process.
Although Way With Words don’t list experience or qualifications as necessities in their application, they do ask all applicants to undergo a fairly rigorous testing stage. The test is split into three sections and you’ll need to pass each subsequent section to have your application considered.
The test is said to be quite difficult, although more emphasis is placed on the applicant’s language and grammar skills than on their typing skills.
As well as this, you’ll need access to a computer or laptop with a high-speed internet connection, as is the case with any remote transcription job. You might also benefit from using a foot pedal and good quality headset.
How Much Does Way With Words Pay?
Payment rates range from $0.40 to $1.38 per audio minute, depending on your level of expertise and the difficulty level of the specific job. This translates to roughly $8.00 to $27.60 per hour worked. There’s a pretty big variance here but nonetheless, the rates are reasonable and are considerably higher than many of the other transcription job sites out there.
Of course, it is important to note that these hourly rates are purely projections based on the average time it takes to transcribe one minute of audio. You might earn more or less than these amounts if you’re extremely skilled or just starting out.
Payment with Way With Words is made monthly via PayPal or direct bank account transfer.
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Way With Words Pros and Cons
Next, we will take a look at the pros and cons of working as a freelance transcription specialist with Way With Words.
1. Reasonable Payment Rates
The rates of pay with Way With Words start off pretty low in comparison to their higher rates, but still above the hourly minimum in most states. If you’re able to complete jobs quickly and accurately there is potential for you to earn a substantial amount as a Way With Words typist.
2. No Previous Experience Required
Way With Words doesn’t require applicants to have proven transcription experience or qualifications. They simply want to know that you are proficient in the English language and can accurately transcribe documents. There is no minimum typing speed with Way With Words.
3. Variety of Jobs Available
A wide range of jobs is provided on the Way With Words platform. Various styles of transcription are available as well as other administrative jobs. To qualify for any jobs other than transcription work you might be asked to complete a separate application form.
4. No Specialist Equipment Required
Many transcription companies ask that contractors invest in specific software, or they might specify that contractors will need a PC rather than a Mac in order to work cohesively with their online systems. This is not the case with Way With Words. All you will need is access to a computer and the internet, although a foot pedal and headset would probably be helpful.
Way With Words is a global company. Although their headquarters is based in London, they work with both clients and contractors from all over the globe. This makes Way With Words an excellent option for those who travel often and are looking for a way of maintaining their income whilst on the move.
1. Monthly Payments, Rather Than Weekly
Some might feel that monthly payments are less enticing than weekly payments. Unfortunately, this is non-negotiable in this case. Way With Words pays contractors each month via PayPal or direct bank transfer. It’s not clear whether the contractor can choose the payment date or if this is pre-determined by Way With Words.
2. Extensive Testing as Part of the Application Process
The testing process that applicants are required to complete before having their application accepted is rigorous and many have reported that it is also quite difficult. This might make it harder for those with less experience to gain access to the Way With Words site. The good news is that you will receive feedback after completing the test, so even if you’re unsuccessful, you will have a better understanding of the improvements you might need to make in the future.
3. Payment Rates Are Not the Highest Available
While the rates of pay are reasonable with Way With Words, they are not the highest available. Some sites offer minimum rates of $15 per hour, which is almost double the minimum rates offered by Way With Words. However, many sites also offer rates that are much lower. Way With Words seems to fall somewhere in the middle when it comes to payment rates.
5. No Employee Benefits
As a freelance contractor, you won’t benefit from any employee perks such as health insurance or sick pay. This is something most freelance workers have to be aware of. Make sure you are taking all of the necessary precautions when it comes to your financial security, should you encounter any future hardships.
Is Way With Words a Good Option?
It seems that Way With Words is a good option when it comes to remote online transcription work. They offer plenty of information to prospective applicants with regards to the type of work they offer, payment methods, rates of pay, and entry requirements.
It’s also easy to find plenty of information about the company online, which should set your mind at ease when it comes to the legitimacy of online work.
This Way With Words review shows that the company offers a good service to anyone able to successfully complete their extensive testing process. There is the potential for freelancers to earn a respectable wage through Way With Words.
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