I have been offering contracted transcription services professionally for over a year. I transcribe over 200 audio hours per month and charge $0.90 per audio minute for files under 30 minutes, $0.85 per audio minute for files between 30 to 90 minutes, and $0.80 per audio minute for files over 90 minutes. All of my files are delivered with 99% accuracy with the exception of required [inaudible] and [crosstalk] tags as applicable. At my speed, this rate of pay averages out to around $18 hourly. If clients require verbatim transcripts, if the audio quality is so poor it requires editing, if there are more than three speakers, or if there are heavy accents which aren't American or Canadian, an additional $0.10 per audio minute will be charged.