There are some important factors that can influence transcription cost at any given point of time and these are few.

1. Transcription Cost
Determiners

3. CATEGORY
The transcription process begins once an audio or video file is received;
it’s then been CATEGORIZED based on certain factors that determine it.
Segregation of the audio files into different sections is called as CATEGORY.
Every client is entitled to pay for a transcription based on the category
of files that they submit. The expenditure for a transcription accounts on every
suggestion the client makes and needs.

4. CATEGORY-A
Clear audio without any background sounds.
Audio recorded with the help of a proper device.
Clear accent with good pronunciations.
Neutral Accent
No Time Stamping

5. CATEGORY-B
Audios with background noises, and disturbances.
Court Recording/ GD/ Telephone recording/ open air recording
Recording done unprofessionally with a low quality recorder.
Technical Subject Matter.
Standard Time Stamping.
ESL Speakers

6. CATEGORY-C
Heavy background noises which interrupt the speech.
Recording done in an inappropriate manner.
Too much accent usage.
Defective Recording.
Complex Formatting Specifications.

7. Turnaround Time
The next factor that determines the cost for transcription is TURN AROUND TIME .
Once the audio is categorized it is mandatory for the client to foretell the
transcriptionist the estimated time that they want the transcribed content to be
delivered.
The turnaround time is completely client dependent and it’s the duty of the
transcriptionists or transcription firm to satisfy the client in the estimated
turnaround time. This plays a major role, as we live in a quick world where
people are in need of things in a short period of time.

8. The customer is given the freedom to choose among the three
turnaround time options they are…
Normal TAT
Transcribed and delivered within 24-48 hours, cost varies based
on the category it falls under starting from $1 to $3(Per minute).
Rush TAT
Transcribed and delivered within 12-24 hours. The clients who
request a rush TAT are charged from $2 to $4(Per minute) based
on the category.
Super Rush TAT
Transcribed and delivered within 2-12hours, Since it’s done in the
shortest time requested its pricing starts from$3 to$6(Per minute)
depending upon the category that the transcription file belongs too.

9. Number Of Speakers
The audio or video file received is cross checked for the NUMBER OF SPEAKERS
available in the file to be transcribed. The files are charged based on the
number of speakers in the conversation. The charges start from one to one speaker,
like an interview and extend to multiple speakers.
The rates vary from $1 to $1.25(Per minute) depending on the number
of speakers present in the conversation.

10. VERBATIM
Transcribing a Verbatim Transcription is said to be an art form as it requires
a lot of commitment and involvement to carry out the same. Verbatim is done
with the flow of the transcription and is being charged only when
the client specifically requests for it.
The verbatim transcriptions are chargeable based on the client’s requirement.
When the client requires a detailed version of their transcript they request for a
verbatim transcript that explains everything in detail even the pauses in every
conversation.

11. TIME CODE
A time code is done based on the requirements of the clients on the whole.
Time coding is done for :
DVDs or digital video files with a visible time code burn (BITC).
Audio files with audible SMPTE LTC time code.
BWF and IXML Broadcast WAV files.
Mp3s with Sound Devices id3 metadata time code information.

12. Your successful transcription paves a way for our inspiration….
Consider these factors before you outsource your transcription files
for your needs and be aware of the recent transcription costs
Here are some links that give you an example of how transcription is carried out
http://www.transcriptionstar.com/pricing.html
http://www.nobelprize.org/nobel_prizes/literature/laureates/2013/munro-
telephone.html

13. Here are some use ful resource links about transcription cost
http://www.transcriptionstar.com/transcription-cost.html
http://transcriptionstar.com/pricing.html
http://www.transcriptionstar.com/turnaroundtime.html
http://www.transcriptionstar.com/timecode.html