Transcription: A Lucrative Career Option for Veterans

Transcription: A Lucrative Career Option for Veterans
Beth Worthy

Beth Worthy


Reports have shown that Veterans find it much harder to secure bank loans and other forms of credit due to their low income. Because of this, the life of a Veteran can be challenging at times, and may leave the individual feeling isolated from the rest of society. If you are an ex-member of the armed forces or have lots of experience in a particular field and want to seek out new ways of earning, why not apply for transcription jobs?

What is Transcription Services?

Transcription is a service that involves converting speech into an electronic or written text document. These services are required for medical, business and legal purposes, and are used widely by lawyers, doctors and seminar speakers. In most cases, the finished document will be used for record-keeping or future reference.

The Skills of a Transcriptionist

In order to do this job well, you will need to learn the terminology of the specialized field that you choose. Many teaching programs are available in person and online. Should you choose to work from home you can expect the operating costs to be much less expensive, which is an ideal option for Veterans. The tools you will require include word processing software and a computer.

Some essential transcription skills include:

  • Using designated professional reference materials.
  • Skills in English usage, punctuation, style, and grammar.
  • Ability to work under pressure.
  • Knowledge of medical terminology.

Earning Potential

If you possess the ability to work under pressure with time constraints, you could earn a great deal of money with transcription jobs. Those willing to go into medical transcription have the brilliant potential for growth, and with experience come better pay. The average wage for a medical transcriptionist is $14.71 per hour. However, there are some things that may cut into earning time, such as errors and typos.

The more productive a transcriptionist, the more money he or she can expect to earn. While the typical annual salary is $40K, a high-production transcriptionist could easily earn $70K, or more, annually. So, if you are interested in pursuing transcription jobs, get set-up electronically and start making money!

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Beth Worthy

Beth Worthy

Beth Worthy is the President of GMR Transcription Services, Inc an Orange County, California based company that has been providing accurate and affordable transcription services since 2004. She has enjoyed success at GMR for almost ten years now and has helped the company grow. Within two years of Beth managing GMR Transcription, it had doubled in sales and was named one of the OC Business Journal’s fastest-growing private companies. Outside of work, she likes spending time with her husband and two kids.