Transcriptionwave Salary

Transcriptionwave Salary

How much does the Transcriptionwave Pay for employees?

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As of August 2026, the average hourly salary for employees at Transcriptionwave in the United States is $49. This translates to an approximate annual wage of $102,463. Salaries at Transcriptionwave typically range from $43 to $56 hourly, reflecting the diverse roles and experience levels within the company. Transcriptionwave’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Transcriptionwave

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Is Transcriptionwave’s Pay Competitive? Salary Benchmarking Analysis

How does Transcriptionwave’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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Average Salary ($/year)
Transcriptionwave
Business Services
OfficeLuv
Jom Corporation Of Illinois
Industry Comparison
Our data shows that, on average, compensation at Transcriptionwave is below the average for the U.S. Business Services industry by approximately 15%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Transcriptionwave average annual salary with several similar companies. Transcriptionwave average salary of $102,463 is lower than OfficeLuv, which has an average salary of $102,664. It is higher than Jom Corporation Of Illinois, with their average salary at $101,472. This places Transcriptionwave in a mid-range position among its peers.
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Companies Similar to Transcriptionwave and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Transcriptionwave. Click a company name to learn more.

Employee Reviews: Working at Transcriptionwave

Considering a career at Transcriptionwave? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Couldn’t be happier with their performance. The leadership truly listens and acts. The company offers clarity and support. However, the work lacks variety and is highly process-driven.
Commented in February 27, 2025
46
2
They take the time to understand our needs and deliver tailored solutions. Managers trust employees with responsibility. From day one, I felt welcomed and supported by my team.
Commented in August 05, 2024
43
0
Their guidance has been invaluable in my growth. Growth opportunities and helpful team. Training is available and it is tailored to individual roles. My role here has been steady and fairly predictable. Their steady guidance helps us navigate any obstacles with confidence. The culture values both personal achievement and team success.
Commented in July 30, 2024
46
1
The company offers work with purpose. Communication was professional than prefer. Consistent values and friendly coworkers. Benefits are okay; nothing stands out significantly. I always know where I stand and how I can improve.
Commented in February 05, 2024
48
2

Transcriptionwave Overview

Website
www.transcriptionwave.com
Founded In
2003
Employees
50 - 100 employees
Industry
Business Services
Headquarter Address
5228 N Sheridan Rd Chicago Illinois IL 60640
Revenue
$10 Million - $50 Million
Phone Number
+1 7738002973
Social Media
About Transcriptionwave
Based in USA and primarily focused on the domestic market, Transcriptionwave is currently serving more than 500 companies world-wide. Founded in 2003, we have steadfastly built up a blue chip customer base, including many in the Fortune 500 list. Continuing customer loyalty has proved the hallmark of our success and reward for repeatedly providing total customer satisfaction, each and every time y

What Benefits Does Transcriptionwave Offer Beyond Salary?

A competitive compensation package is more than just a salary. Transcriptionwave offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Transcriptionwave.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Transcriptionwave, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Transcriptionwave salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Transcriptionwave

1. How much does Transcriptionwave in the United States pay?

Transcriptionwave pays its employees an average of $49 per hour. The average salary at Transcriptionwave range from $43 to $56 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do Transcriptionwave employees get a higher salary than its peer company?

The salary at Transcriptionwave is lesser than its peer company. The average annual salary at Transcriptionwave is $102,463, or an hourly wage of $49, in comparison to OfficeLuv which pays $102,664 per year or $49 per hour.

3. How much does salary increase with years of experience at Transcriptionwave?

Salary progression with years of experience at Transcriptionwave is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Transcriptionwave vary by office location?

Yes, it's very likely that salaries at Transcriptionwave vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.

5. Does Transcriptionwave offer good benefits?

Transcriptionwave typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Transcriptionwave" section on this page.

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