Are you looking for a Way With Words review? But you may wonder if it is a scam.
Transcription work has become increasingly popular as more people seek flexible careers at home. If you cannot make ends meet because of mounting debt, unpaid obligations, or an absence from the job market due to illness or disability, a company like Way With Words can offer a way out.
Of course, there are plenty of “make money at home” alternatives that make similar claims. Make money as your own boss by working from home.
In this review, I’ll tell you all about Way With Words and how they can help you with your writing tasks. We will also talk about whether this is a legitimate opportunity for you to make money while working from home.
As a disclaimer, I’m not affiliated with Way With Words. It means I’m not paid to write this review. So you can rest assured that you will get an honest and unbiased review from me.
At the end of this review, I’ll also tell you the best alternative to Way With Words that has enabled me to make a full-time passive income online.
What Is Way With Words?
Way With Words, abbreviated WwW, is a transcription service operating in the United Kingdom since 2001-2002. The company’s main offering is audio and video transcription, which allows remote workers and entrepreneurs to set their own hours and work from anywhere in the world.
Other job opportunities at Way With Words include transcription and editing.
WwW is headquartered in London, UK, with additional offices in the following cities:
- Greater Manchester, Great Britain
- New South Wales, Australia
- New York, New York, USA
- Ottawa, Ontario, Canada
- Cape Town, Western Cape, South Africa
As far as I can tell from their website, they serve customers from all over the world and can reliably provide transcription services with over 99% accuracy. After reading several Way With Words reviews, I can say that the company’s customers seem to be satisfied with the work they’ve received.
Way With Words’ freelance transcribers and editors come from all parts of the world. Since Way With Words guarantees its clients over 99% accuracy, transcriptionists are expected to have a very good command of the English language in order to correctly transcribe the audio and video files submitted to them.
From the perspective of prospective transcriptionists, one of the best features of Way With Words is that candidates do not need to have any prior knowledge of transcription. Once you are accepted and approved to use the platform, the recruiting team is available to provide advice and training.
Is Way With Words a Scam or Legit?
The obvious concern is whether or not this is a scam, considering we are talking about making money online and working from home.
Fortunately, there is good news: Way With Words is not a scam.
At the time of this writing, the company has been in the transcription industry for about twenty years, with a focus on digital. twenty years is a really long time. That should give you confidence that it is a reputable company.
Registration is free, and no hardware or software is required to use the Way With Words system.
Way With Words is not a scam because it has offices (actual physical locations).
Do not take my word for it, do your own research. Way With Words has a sizable online following, and you can find them on social media platforms like Facebook, Twitter, LinkedIn, and YouTube, where you can also get helpful transcription guides and lessons.
You can trust Way With Words completely.
How Does Way With Words Work?
Similar to other platforms for transcription work, your status with WWW is that of an independent contractor. While you are paid for your work, you are not entitled to standard employee benefits such as paid time off, health insurance, or contributions to a retirement plan.
Still, you have the flexibility to spend as much or as little time as you like. WwW does not require its transcriptionists to commit to a certain number of hours per month, and you can set your own schedule. So you can use WwW as a supplement to your main income or as a gap filler in your schedule.
After you log in, you can view or listen to the accessible content. Then you can work on any project until it can be submitted for review.
How Much Can You Earn?
Way With Words offers transcription services at fees ranging from $0.45 to $1.73 per audio minute. Your salary is based on your qualifications rather than years of service.
However, the faster turnaround time required for the higher-paying jobs may increase the overall transcription time. To get the better paying jobs, you’ll need to demonstrate your speed, accuracy, and reliability in a short period of time.
Remember that these rates are per minute of audio time. WwW reports that professional transcriptionists take three to four minutes to transcribe one minute of audio. If you’re a beginner, one minute can take you up to eight minutes. So this rate may seem particularly attractive to novices. However, your earnings will naturally increase as your speed and accuracy improve.
It should also be remembered that not all audio files are equally difficult to transcribe.
Occasionally it’s difficult to understand people because they mumble or speak with an unfamiliar accent. In other files, there may be a lot of voices or poor audio quality. So these problems can also affect your efficiency.
Monthly payments to the WwW transcriptionists are made through PayPal. Neither the website nor the terms and conditions specify a minimum order value. So even if your monthly income is low, you should be able to dispose of your money as usual.
Numerous other websites offer transcription options with varying degrees of freedom. However, you won’t make much money with any of these services. If you want to supplement your income, freelance transcription work may be a better choice.
Way With Words Payment Methods
The payment plan for Way With Words is monthly via PayPal.
Since I’ve seen no indication of a minimum payment and have heard no complaints from other transcriptionists, I assume that payments are made on the last business day of each month. If any readers are employed by Way With Words and would like to provide more information, they can do so in the comments section below the actual review.
Way With Words Requirements
Way With Words has less stringent restrictions on its transcriptionists than competing companies.
Of course, you have to be old enough to drink legally, and that rule is absolutely rigid (18 years old in most places).
As I mentioned earlier, prior transcription experience is not required. The main steps to get on the platform are passing the test and creating high-quality transcripts.
Moreover, the system requirements are not even rigid. It is enough if you have access to audio/video editing and Microsoft Word. However, you will find it more convenient to work with them (as a transcriptionist) if you have access to a fast computer and reliable Internet.
If you are accepted, you will receive recommendations on what type of computer hardware and software you should use.
Way With Words Job Application
If you are interested in working as a transcriptionist for Way With Words, you can submit your application through their website. As mentioned earlier, it does not cost anything to join.
But you will need to take an assessment test in order to join. This will evaluate you based on the following skills and knowledge:
- Excellent command of the English language
- Excellent listening skills for interpreting dialects
- High quality research skills
- Ability to type with a high degree of accuracy
- Understanding of proper formatting.
- ability to meet deadlines
If you pass the assessment(s), they will mentor you to make sure your work is up to par (remember, 99+% accuracy is required). If you get in, you will be doing a real job, so your training time will be compensated.
However, if you do not get selected (perhaps because of your typing speed), you can still earn some extra money by taking online surveys.
Pros of Way With Words
1. Reasonable Payment Rates
Starting salaries at Way With Words are below the going rate, but above the minimum wage in most states. You can earn well as a typist at Way With Words if you have the ability to type quickly and accurately.
2. No Previous Experience Required
To work at Way With Words, applicants do not need to have prior transcription experience or training.
You only need to confirm that you are proficient in the English language and able to copy accurately. Way With Words has no minimum typing speed requirements.
3. Variety of Jobs Available
The Way With Words platform offers a wide range of writing assignments. As with other administrative tasks, you can choose from a variety of transcription formats. You may need to submit a different application if you want to be considered for work that doesn’t involve transcription.
4. No Specialist Equipment Required
To work with their online systems, some transcription companies require their contractors to purchase special software or use a PC instead of a Mac. Way With Words is not like that in any way. A computer and an Internet connection are all that’s needed, but a foot pedal and headphones can not hurt either.
Way With Words operates worldwide. While the company has its roots in London, it works with customers and suppliers from all over the world. The ability to work remotely makes Way With Words a good choice for frequent flyers who need to supplement their income.
Cons of Way With Words
1. Monthly Payments, Rather Than Weekly
Monthly payments may seem less attractive to some people than weekly. For the time being, however, this is not up for discussion. Contractors receive their monthly payment from Way with Words via PayPal or wire transfer.
There is no information on whether Way With Words sets the payment date or whether the contractor has any say in the matter.
2. Extensive Testing as Part of the Application Process
Applicants must pass a series of tests before their applications can be considered, and many have said that these tests are difficult.
For this reason, those with less experience may find it more difficult to use the Way With Words website. The good news is that you will receive feedback after completing the test, so even if you fail, you will know what you can do to do better next time.
3. Payment Rates Are Not the Highest Available
Even though Way With Words pays fairly, it is not the best option out there. Way With Words’ minimum rate of $10 per hour is almost double that of other sites.
However, there are a number of websites that offer much cheaper rates. Compared to other websites, Way With Words seems to offer a payout rate that is average.
5. No Employee Benefits
If you work as an independent contractor, you will not receive benefits such as health insurance or sick pay. Most independent contractors need to be aware of this. Take all necessary steps to ensure your financial security should you run into difficulties in the future.
Way With Words Reviews and Complaints
Although Way With Words has been active for almost two decades, the number of complaints and bad reviews is surprisingly low. The reviews on Glassdoor seem to be reliable, as the organization has a rating of 3.9 out of 5. In fact, there are very few companies without flaws.
Transcribers have a lot of positive things to say about the company, praising its accommodating schedule, useful training, and wide selection of available jobs.
As you might expect, there are also some unfavorable reviews. These include the low income, the unreliability of the workload, and the risk of being excluded from the platform. However, the problems you encountered are also shared by users of other freelance or gig services.
What I Like About Way With Words
- Way With Words is a reputable home based business opportunity.
- Since they have a large number of clients, there is a lot of work for freelancers.
- You will have a flexible work schedule.
- Signing up on their platform is completely free.
- If you pass the assessment test, you will get paid for your training.
- If you do not pass the test, you can retake it within 30 days.
- They provide excellent customer service.
What I Don’t Like About Way With Words
- No guarantee of work: as mentioned earlier, this is a typical problem with many freelance or independent contractor websites. Usually, work is given to whoever accepts it first. So when you are available for work, you may log in and find that there are no projects open for you. This can be annoying, but you can get a sense of when there is generally a lot of work and plan your calendar accordingly.
- Low entry prices: You can earn up to $1.73 per audio minute, which is a reasonable rate. If it takes you 8 minutes to transcribe 1 audio minute, your hourly rate is $12.97. However, it is more likely that you will be among the lower rates. That’s $3.37 per hour at $0.45 per audio minute at the same rate. This rate will improve as you gain experience and speed, but be prepared to be paid less initially.
- No rating feedback: another potential drawback is that the rating tests do not provide feedback. You will only be informed whether you passed or failed. If you fail, you will not know why, which could be disappointing.
Way With Words Review: Final Verdict
If you are looking for serious ways to work at home, I recommend Way With Words. If you have the necessary skills, this could be a great way to earn some money on the side.
I am not sure you can rely on Way With Words alone to make a living. However, Way With Words is not the only transcription service, and there is no binding agreement that requires you to work only for Way With Words.
One advantage of freelancing for a transcription service is the adaptability of your schedule, as you are not tied to a specific client. For example, Way With Words does not impose a set number of hours per week, so you have full control over your schedule.
Plus, as a freelancer, your options are not limited to transcription. If transcription jobs are scarce, there are other ways to make money online to supplement your income.
Let me tell you the best way to start an online business in the next section.
Best Alternative of Way With Words to Make Passive Income
If you want to make a stable and secure stream of passive income, I would suggest you start an affiliate marketing business online.
Affiliate Marketing is perfect for anyone who is new to online business.
In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has existed for 15 years and there are many success stories in the past decade.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.