Company: Daily Transcription (DT)
Founder: Jason Reeves, Vice President of Development
Welcome to my 3rd party review of the transcriptionist position at Daily Transcription (DT)!
I am glad that you found my review because that means you are willing to find out what DT has to offer.
This also means you are looking at the company from a well rounded perspective.
Since I am not affiliated with the companies I review, I can take an objective stance and simply provide you with evidence of their successes and downfalls.
In other words, let the facts talk for themselves.
The entire purpose of this review is to show you things that DT might not be providing.
This does not mean that the information I provide means DT is a scam.
It simply means, I want you to see the entire picture so you can make an educated decision.
This review will cover a broad spectrum of information including a company overview, the application process, the company’s job requirements and of course, the final verdict.
I always recommend that you stick around for the entire article because there is valuable information in every section.
I hope that you find this review helpful; let’s get started.
Daily Transcription Overview – What is the Company?
The founder of DT is a man named Jason Reeves.
The company was created in 2005 which means the company has been around for 12 years.
This is a tell tale sign that the company is legit because scams are typically shutdown within the first year.
I think it is fair to say that the company is legit and has been hiring and paying their transcriptionists for over a decade.
Not that the legitimacy of the company has been provided, there is a lot more to discuss.
Here are a few quotes from the DT website that you may find important.
• “We have passed multiple security audits from Fortune 500 companies to government agencies.”
• “All of our work is 98% accurate or better.”
These could be two of the reasons that DT has been around for 12 years.
What are the Requirements for Transcriptionists?
I have reviewed several transcription service companies and the requirements all seem to be the same.
However, DT does not post their requirements on their website, which is a bit odd.
Here is what all transcription companies require you to have.
• A quality headset
• A functioning computer
• Hi-Speed internet
I personally recommend you purchase a foot pedal because efficiency and effectiveness are equally important.
Let’s face it, the more files you transcribe the more money you will be making.
What is the Application Process for DT?
Applying online can be a little frustrating for some people because you could wait a few weeks to hear anything back from the respective companies.
Here is how you apply to become a transcriptionist with DT.
First, you have to fill out the online application located on their website.
You must also attach a resume to your online application.
This is something that I will not go into great detail because I have no idea what skills you possess.
However, if you have experience with transcribing make sure that you make that the focus of your employment history.
After you fill out the online application, you will be sent to a testing page.
This is a simple transcription test to make sure you can complete files accurately.
You will also have a time limit so make sure you are ready for the test before applying.
After filling out the app and taking the test, a DT representative will contact you.
So make sure you keep an eye out for an email.
Let’s take a look at how the company works.
How does the Company Work?
Unfortunately, this job is based on when you are needed rather than a guarantee.
This means that some weeks you will have plenty to do, and others, you may not work at all.
For this reason alone I strongly suggest you take this into consideration before applying.
All of the jobs that you do receive have strict deadlines so this means you will have to constantly check for any job postings.
DT still claims to have a flexible work schedule but strict deadline force you to work based on when the company needs you.
The second that you complete a deadline and it has passed the 98% accuracy benchmark, you will have fund available via PayPal.
I have worked online before and I will stand by the PayPal payment process.
I have had no issues with it thus far.
Let’s move on to the potential earnings section of the review.
How much will you Earn at DT?
Here is the deal with online transcription work.
Some companies pay different amounts for each job.
For example, you will get paid more for a 5 minute file that is more difficult to transcribe as opposed to a 2 minute file with little dialogue.
That is why there is no hourly wage and you get paid based on the jobs that you are given.
If you want to take a look at the testimonials on the DT website, knock yourself out.
As I have previously said, you get paid via PayPal on a bi-weekly pay period.
The DC Work Schedule – Strict or Flexible?
As I have stated in another section, DT claims that your schedule is flexible but each task has a deadline.
I strongly recommend that if you get hired, you complete the tasks a quickly as possible.
If you miss deadlines, you will most likely not get high paying jobs.
There is something that we need to briefly discuss because it is the only aspect of the company that I don’t agree with.
This is in regards to their “no guarantee” to consistent work.
I don’t understand why they would hire people if there is no work to be done.
It may have something to do with peak work periods but there is no clarification on their website.
If you end up applying to this company, make sure you have a backup plan for all for all of the downtime.
Please don’t take the information in this section as the end all, be all.
DT has some great qualities as well.
The Better Business Bureau (BBB)
The BBB is one of my go-to sites for great information about companies.
There are some restrictions because they do not cover foreign companies outside of North America.
They do, however, grade some Canadian companies and foreign companies that have branches within the United States.
At any rate, there is not a whole lot of information here because the BBB has decided to give DT an NR for No Rating because of the lack of information disclosed by DT.
For example, if you check out the Daily Transcription BBB Page, you will notice that there is no leadership information provided.
Although this is not the end of the world, a company should be able to disclose basic information like this.
I am also sad to announce that there have been ZERO reviews or complaints registered in the database.
This is typically a great way for providing you with anecdotal evidence that a company is legit or not.
In my personal opinion, customer or employee reviews are much more valuable than one of the members of leadership of a company.
For example, I would trust a former transcriptionist word over the Director of Operations.
At any rate, there is plenty of information to make a formal verdict, so let’s get the show on the road.
The Final Verdict
There is absolutely no way that Daily Transcription is a scam.
The company may not be exactly what you are looking for but they have been around for 12 years and have no signs of going under.
If you want to apply you can go to the main website I provided at the beginning of the review.
If don’t think this online business opportunity is worth it, then you should consider creating your own business.
I know, the process seems daunting but training programs are available that can walk you through the process.
It is not as tough as you think although there is a lot of hard work and dedication involved.
If these are traits you possess, then what are you waiting for.
You can watch one of the thousands of training programs available on YouTube, or you could check out this review.
Wealthy Affiliate has a great track record and you can even join for free.
If you choose to upgrade at a later date, then you can.
One of the benefits of Wealthy Affiliate is that you get to talk with entrepreneurs that started out just like you.
I hope this review helped you out in some way.
Even if I help a few people make the best decision based on their needs, I feel like I am doing my job.
If you have any experience with transcription work, would like to ask any questions or leave a comment, fill out the form below.