Corporate transcription is a skill useful to a number of careers, including office managers, admin assistants, or executive secretaries. It involves typing up records of meetings and other corporate activities, producing dictation, and sometimes proofreading. It requires strong typing and listening skills.
Associate degree programs that focus on administrative support or business develop the necessary skills for corporate transcription, such as accurate keyboarding and a familiarity with business terminology. Often, transcription is required as a skill to support the duties of a certain career, like an executive secretary, office manager, or administrative assistant. Certification for transcription is offered for fields related to law or medicine. Corporate transcriptionists provide typed records of business meetings, training sessions, seminars, presentations and other corporate activities. They may take individual dictation to produce correspondence or business documents, and in some situations, edit and proofread the documents they produce to create polished publications.
In addition to providing accurate transcripts of corporate proceedings, transcriptionists may be called on to maintain documents in accordance with privacy and confidentiality standards. Some businesses may require employees or freelancers to sign non-disclosure agreements and take measures to protect sensitive information.
|Careers||Office Manager||Administrative Assistant||Executive Secretary|
|Educational Requirements||Associate degree; on-the-job training||Associate degree; on-the-job training||Associate degree; on-the-job training|
|Projected Job Growth (2014-2024)||5% to 8% (for supervisors of office workers)*||3% (for secretaries and administrative assistants)**||-6% (for executive secretaries and executive administrative assistants)**|
|Median Salary (2016)||$52,630 (for supervisors of office workers)*||$33,910 (for secretaries and administrative assistants)**||$53,370 (for executive secretaries and executive administrative assistants)**|
Source: *O-Net online; **U.S. Bureau of Labor Statistics
Some corporate transcription is performed by on-staff employees as part of their regular duties. Individuals who specialize in corporate transcription can work as independent contractors for multiple businesses and corporations and may specialize in a particular industry, such as automotive engineering or computer programming. Below are positions that commonly call for transcription work as well as their job duties, salary info, and job outlook.
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Requirements for Corporate Transcription
Corporate transcriptionists must be accurate typists with excellent language skills and good interpersonal abilities. Their duties require the capacity to understand a wide variety of accents and speech patterns. A familiarity with business terminology and industry jargon is important, particularly in specialized fields.
Certification and Degree Options
Some industries, such as law and medicine, have professional organizations that certify transcriptionists in their fields. There is presently no such organization for corporate transcription in general. However, some associate degree programs in applied business or administrative support include classes on relevant skills, such as business terminology, professional ethics and keyboarding skills.
Office managers supervise the office work force and manage the work environment. They train and evaluate the performance of the support workers in regular work procedures and provide customer service. They maintain the professional attitude of the workspace and the quality of the work being done.
According to O-Net online, Office Managers, a position under the title 'First-Line Supervisors of Office and Administrative Support Workers,' can expect to experience 5-8% growth between the years 2014 and 2024. The median salary reported in 2016 was $52,630.
Administrative Assistants provide support in clerical tasks, scheduling appointments, and maintaining the workflow of an office. They are often the contact person for an organization and facilitate the correspondence and business relationships of the office.
The BLS recorded in 2015 that secretaries and administrative assistants earned a median salary of $33,910, with the exception of those in the legal, medical, and executive fields. The position could also expect a growth rate between 3% in the decade 2014 to 2024.
Executive Secretaries support high-level administrative employees by handling logistical and clerical responsibilities, like scheduling meetings and correspondence. In some cases, they may also function as a manager of lower level staff.
The U.S. Bureau of Labor Statistics (BLS) reported that executive secretaries, along with executive administrative assistants, earned a median annual salary of $53,370 in 2015. According to the BLS, these positions could expect a 6% decline in jobs between 2014 and 2024.
While corporate transcriptionists can also have a number of other roles, such as admin assistant, office manager, or executive secretary, transcription involves listening and typing up documents and records. Corporate transcriptionists would work in a corporate, typically office, setting, including medical and legal practices. All of these positions typically require some kind of undergraduate education or training.