cos

I've always heard of transcriptions being paid by the page or by the hour of audio, not by time spent transcribing. It's been a while since I had need of a transcriber (mid-90s), but I believe we paid $10/page for English transcription of English tapes, and $22/page for English transcription of Spanish tapes. Of course, that was in the 90s, and it was a for profit organization; I have no idea how that would translate given both inflation over the past decade and the fact that you're working for an academic institution.