How Much Do Transcription Managers Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary transcription managers make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for transcription managers and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of transcription managers are offering as compensation.
Keep reading to learn more about how much transcription managers can expect to make in the United States.
At a Glance: Salary & Jobs for Transcription Managers
According to data from 2022, there were about 5,002 positions for transcription managers in the United States. In terms of salary, the national median salary for transcription managers was reported to be $45,406. Additionally, when examining job demand, employers across the country posted 4,461 job postings related to positions for transcription managers.
How Much Money Do Transcription Managers Make?
Median salary is just one data point. To build a better understanding of how much money transcription managers and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for transcription managers.
Annual Salary for Transcription Managers
According to the BLS, the lowest earners for transcription managers and related professions earned about $29,349 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $72,654 annually.
As mentioned previously, the median salary for transcription managers in the United States in 2022 was $45,406.
Annual Salary Range For Transcription Managers In 2022
Hourly Salary for Transcription Managers
The BLS also breaks down compensation for transcription managers by hourly salary, and the median average hourly pay for transcription managers in 2022 was $22. Lowest hourly earners took home $14 while the highest reported hourly salaries for transcription managers was $35.
Hourly Salary Range For Transcription Managers In 2022
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Advertised Compensation for Transcription Managers
Data from the BLS is one way to dig into compensation for transcription managers, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for transcription managers.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Transcription Managers
Advertised Annual Salary
During a review of 2,081 job postings related to transcription managers, advertised salary was included in 741 of them, which was 36%. Based on those postings, the median advertised salary for transcription managers was $46,976 per year.
Hourly Salary from Job Postings for Transcription Managers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for transcription managers. Based on 17% of postings with advertised compensation, the median hourly salary for open positions for transcription managers in the United States is about $23.
Salary Trend for Transcription Managers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for transcription managers. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for transcription managers dating back to September 2019, advertised salaries for transcription managers have decreased 1%.
Advertised Wage Trend For Transcription Managers
What's the Job Growth for Transcription Managers?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for transcription managers over the next 10 years.
According to the data obtained through Lightcast,™ there were 5,001 jobs for transcription managers in the United States in 2022. By 2032, it is expected that about 285 jobs will be added. That's a 5.7% increase over the next 10-year period.
Employment Projections For Transcription Managers
Additional Links
Ready to dig deeper into career information about transcription managers? Visit our other pages focused on salary and education for transcription managers.
What do transcription managers do?
Transcription Managers: How do you become one?
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