Data entry is an important role for companies of all sizes in the modern digital world
But what exactly is a data entry job? Is it a good career path? In this article, we’ll talk about what data entry is and some of the most important tasks and jobs that go along with it. We’ll also look at the skills and qualifications required for success in data entry.
What is Data Entry?
Data entry is the process of adding information to databases, and computer systems or updating records. Transcribing data includes handwritten notes, spreadsheet data, numerical patterns, computer codes, and even names and addresses. It is utilized across a variety of industries, including banking and IT businesses.
Data entry specialists are being hired by multinational companies to organize data and target specific types of customers. This is making the field grow.
Is Data entry a good career path?
Data entry could be a good job for you if you are good at typing, care a lot about being accurate, and can work well under pressure. Since employers from a variety of industries hire for these positions, a career in data entry can lead you into a wide range of industries. Many different industries and fields need data entry workers, but no matter which one you work in, you can count on doing a lot of typing. In a data entry job, you’ll spend most of your time typing data, whether it’s into a new format, a shared document, software, or something else from a hard-copy source (like a form or application) or an old computer file.
Data entry work is much more convenient because it can be done on different schedules, including part-time, full-time, or as a freelancer.
In America, the average yearly wage for a data entry specialist is $32,392, or $16 per hour. The top 10% of earners earn over $42,000 annually, while the bottom 10% earn less than $24,000. Overall, a career in data entry is a good choice because it can earn you a respectable living and open doors to a wide range of industries.
For those with the right data entry skills, despite the difficulties, this can be a fulfilling job. Data entry can be a steady source of income as well as a way to grow and move up in your career. Data entry could be the perfect job for people who want a steady job with a good chance of making a lot of money.
Duties of Data Entry professionals
- Entering data (statistical or coded)
- Data proofreading
- Addressing customer inquiries
- Converting paper-based data into digital files
- Typing manuscripts
- Entering customer information
- Answering Calls
- Generating spreadsheets with a lot of numbers
- Preparing reports
The industries that employ Data Entry professionals
Data entry workers are employed by doctor’s offices, pharmacies, hospitals, and medical service businesses for a variety of reasons. Data entry professionals’ duties included updating personal medical records and entering patient data into databases. Additionally, they can scan documents, update insurance, add doctor’s notes to files, and enter prescription information.
To enter catalog orders and handle incoming mail, retailers hire data entry staff. Data entry workers may also enter pricing and inventory information. Processing incoming and outgoing packages and deliveries fall under the responsibility of data entry staff in warehouses.
In the financial sector, data entry workers help enter personal information, bank transactions, and other financial transactions. Jobs in data entry are available at financial firms, stock brokerage houses, and government agencies.
Types of Data Entry jobs/types of work that Data entry professionals handle
1. Data Entry Clerk:
Average annual pay: $38,234
Data entry is the process of putting information into databases, computer systems, or records, or keeping them up to date. They either transfer data manually or through scanners. They type in information about customers and make spreadsheets, which they check against the original documents at different points along the way.
2. Data capturing and entering:
Average annual pay:63,859
Data capture is the process of turning information from written or digital documents into data that big systems can use. The majority of organizations start their information management and digital transformation journeys there.
To complete this, you must collect data from a variety of sources, including websites, e-books, and magazines, and enter it into an Excel or Word document.
3. Data Entry Compiler Specialist:
Average annual pay: $37,233
A data entry compiler specialist’s job is to gather information, put it into databases, and keep accurate records of important business information. A data entry compiler specialist will be in charge of keeping the systems’ information accurate, current, and useful.
4. Data Entry Operator:
Average annual pay: $31,286
Data collection and record-keeping are the responsibilities of data entry operators. They must update information on computers with accuracy and consistency, sometimes from written or scanned documents and other times from audio files.
Average annual pay: $59,134
A transcriptionist is someone who writes down spoken words, such as medical terms, from a recording. As part of your job, you may have to listen to audio recordings and then type what you hear using a stenotype machine or a word processing program.
6. Virtual assistants:
Average annual pay: $72,055
A virtual receptionist works from home for business and handles many of the same tasks that an office receptionist would. They are in charge of the business’s administrative tasks, such as keeping track of calendars, appointments, and payroll information. Additionally, they take messages, return calls, and transfer callers to the appropriate party.
7. Coding Specialist:
Average annual pay: $47,677
The duties of a coding specialist include extracting specific information from doctor’s notes, test results, diagnosis forms, and other related documents, such as patient medical history, diagnosis, and treatment recommendations.
They are in charge of managing insurance billing and making sure the right codes are used in patient records. Job responsibilities include speaking with insurance providers and examining medical records.
8. Word Processor/Typist
Average annual pay: $38,565
Word processors and typists create documents from handwritten drafts or voice recordings using computer programs or typewriters. They often do extra office work, such as answering the phone, sorting mail, or running errands.
9. Title clerk:
Average annual pay: $34,858
The preparation and processing of tax and title documents to transfer ownership of assets like cars and real estate is the responsibility of title clerks. They organize all important and relevant paperwork, make copies of it, make plans to send it to clients, and send it to the right government office.
10. Data Entry Supervisor:
Average annual pay: $59,116
A data entry supervisor keeps an eye on the workers who use data entry equipment to enter records, lists, or other data into a computer. responsible for managing and judging the work of staff members as well as giving them work to do.
Data entry jobs are frequently very flexible, which is great if you have duties outside of work. So, if you want a low-stress, flexible, and generally stable job, data entry might be the right choice for you.
For those who are meticulous or who would prefer to work remotely from home, it’s a fantastic career option.