Is GMR transcription a scam, or is it worth your time to join the company? Are you looking to work from home? Tired of that mundane 9-5? Then perhaps you are considering a "change of scenery" and want to become your own boss?
Can you earn $3000-$5000 per month with GMR transcription? How does GMR work and what are the drawbacks, if any, should you sign-up with the company? Today I am going to help you with the answers to these all-important questions.
Is it my hope that this review will provide you with all the information that you will need to come to an informed decision. At the end of the day, it's about you and it's about finding the 'right' business opportunity for you. It may work for others, but it may not work for you. It's my job to show you what is involved here so that you can make a decision with ease.
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WHAT IS GMR TRANSCRIPTION ALL ABOUT?
GMR Transcription is a company that provides transcription and translation services.
The mission of the company is to provide, "accurate transcription and translation solutions for writers, students/professors, and businesses."
They also extended these services to include government institutions, universities, private investigators, insurance companies, and police departments.
Unlike automated transcription, which is usually done by A.I(artificial intelligence), GMR adopts a 100% human transcription policy. Whilst there is an advancement in speech recognition software, there is still is an error rate of 12% as compared to a 4% transcription error rate seen with human transcription.
So this is good news, as it means that there will still be that opportunity for humans to make money. But we will talk about the business opportunity soon.
Let's take a look at the founders of the platform.
WHO ARE THE FOUNDERS OF GMR TRANSCRIPTION?
The founder of the GMR Transcription company is Ajay Prasad.
Ajay spent 19 years working in senior positions for various firms. He then decided to start his own business, and now owns four profitable businesses and is an investor in several start-ups in different stages.
He launched GMR transcription in 2004 after identifying the need for transcription services with transparent pricing. Ajay has also written inspiring books, "Local Search Marketing Secrets Unveiled" and "Plant Your Online Biz Money Tree."
The business is now run by a team of 4 corporate employees and includes 250 transcribers all across the US.
According to the official GMR website, GMR is a six-figure company that has generated over 6 million minutes transcribed by American transcriptionists and they have around 10,822 happy customers.
How can you make money with GMR Transcription?
Let's take a look.
HOW CAN YOU MAKE MONEY WITH GMR TRANSCRIPTION?
It's free to sign-up with GMR transcription. Unfortunately, though you can only apply to GMR if you are a resident within the United States.
The process to register is pretty much straight forward. All you have to do is submit your resume. Once this is done, they will then send you an e-mail to complete a test file.
They have a very strict grading policy so make sure that you complete the test file to the best of your ability. Also, make sure that you submit the test file in the right format. Failure to do so will result in them automatically failing you and therefore rejecting your application.
Upon successful completion of your application and test file, and if you meet their standards, they will then contact you within 2 weeks to offer you a contract. If you do not hear from them within this time-frame, then assume that your application is rejected. Then you may consider learning this proven method to make money online.
There is a probation period once your application is accepted. You must complete 2 hours of audio work, prior to receiving paid assignments.
How much can you earn with GMR transcription?
HOW MUCH MONEY CAN YOU MAKE WITH GMR TRANSCRIPTION?
According to their frequently-asked-questions section, they do not disclose their pay rates. They base their pay rates on turnaround time, number of speakers, and the quality of audio.
However, elsewhere on the website, they do give you an indication of how much their typical transcriptionist earns per month.
With GMR transcription, you can earn around $1.000 to $3,000 per month. Naturally, it depends on your level of experience. The more projects you take on, the more difficult they are, and the quicker turnaround times, the more you will earn.
Are people happy with using GMR Transcription?
GMR TRANSCRIPTION CUSTOMER COMPLAINTS OR COMPLIMENTS?
The site has a separate section where you can view the positive testimonials of typists who worked with GMR.
Of course, I did not stop there. I wanted to get information from 3rd party sites to see if people are actually happy after joining them.
They scored a 4.5 rating on Trustpilot with 79% of the reviews giving GMR excellent scoring.
Let's take a look at the pros and cons of this business opportunity.
WHAT I LIKE ABOUT GMR TRANSCRIPTION
The owner offers transparency into the company
Long-standing in the market
Lots of positive reviews
WHAT I DO NOT LIKE ABOUT GMR TRANSCRIPTION
They only accept applicants from within the United States.
This is NOT a passive income opportunity
IS GMR TRANSCRIPTION A SCAM? MY PERSONAL OPINION
Should you join GMR Transcription? Is this the right business opportunity for you?
Let's face it, transcription jobs are not that easy. At least this is from my experience of having done some assignments. It takes a great deal of concentration. You have to listen to the words of the speakers, and it gets even more challenging when the audio files have background noises.
Then there is the issue of the pay-per-audio hour. With most transcription jobs, the platform pays according to the audio-hour rate. This is NOT the amount of time you physically spend on completing the job. It's how long the actual audio file is.
For instance, the audio file might only be 2 or 3 minutes in duration. But depending on the quality of the track, it can take you 2 or 3 hours physically to transcribe.You will only be paid for that 2 or 3 minutes you just transcribed. As the lady in the video testimonial on the official site pointed out, it is hard work.
Which brings me to the last point. To earn money with GMR Transcription, you have to be ACTIVE all the time. Once you stop working, you stop earning.
So, if these three issues do not bother you, then perhaps you can give GMR transcription a go.
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Absolutely! Let me show you
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Thanks so much for joining me on this GMR Transcription review.
I hope that it has helped you out.
Have you tried transcription jobs before? What was your experience like?
Looking forward to hearing from you.
I wish you everything of the best in your online business future.
Kind Regards and Take Care
1 thought on “Is GMR Transcription A Scam? [$1000 Per Month? Scam? Or Worth Your Time?]”
Hello there, thanks for sharing this awesome article I know it would be of great help to the public it has been of help to me…I have been into many transcript deals overtime and j must tell transcription is really good if ND only of you know how to do so…I think Gmr still needs a little amount of work to really a certain their geneuity.