KeyForCash is an online data entry brokerage through which
jobs from various companies are assigned to individual data entry
contractors. The companies contact KeyForCash.com with the various data
entry assignments, which are in turn posted to the KeyForCash database
and sent out to the contractors for completion, allowing a whole pool of
eager contractors to vie for assignments and quickly process all of the
data. KeyForCash was set up in 2001 and has become extremely popular
over the past decade for people who want to make extra income from
working at home. Data entry requires little more than a computer with
Internet connection and JavaScript, and so it is an ideal business for
those who want to work without leaving the living room.
Starting
A person must be at least 18 years of age, and have a computer with
Internet connection and JavaScript enabled, to participate on
KeyForCash.com. After that, there is no other out of pocket expenses
that need to be purchased to participate on the site. One simply has to
complete a brief "keying evaluation" during the free sign up to help
KeyForCash determine the contractors keying ability, and then, if
accepted based upon the evaluation, search for assignments. This
evaluation may be retaken on a daily basis.
Compensation
Regarding the assignments, a contractor can choose to accept a
KeyForCash assignment whenever she wants. After the assignment is
accepted, there is a time frame by which the data must be entered.
Before that, however, a contractor does not have to accept any
assignments for fear of being 'booted off' KeyForCash. Contractors have
gone years without working on KeyForCash and then take up an assignment
on a whim after scoring well on the evaluation, again. Once the
assignment is accepted, the KeyForCash contractors are paid
approximately $0.50 for every 1000 keystrokes; 10,000 keystrokes per
hour is the average for most contractors, which translates to roughly $5
per hour's work on KeyForCash.com. Working a full 40hr week, this
translates to roughly $800 per month, a figure which makes KeyForCash
seem more viable as a part-time job than a full- time job. However, $800
a month may be considered by some people as a more than reasonable
price for work performed in pajamas in one's living room at 4:00pm.
For the above average typist, 13,000 keystrokes per hour translates
to $6.50 per hour, $52 per day and $1040 for the month. Money is issued
to the contractors in paper checks, although KeyForCash is actively
setting up a payment method via PayPal.
Thriving
Making the most out of KeyForCash.com entails actively pursuing
assignments. Because of the demand for assignments on KeyForCash, these
are not always available. When data entry contracts are available,
however, the people who perform the most successfully on the site are
those who accept the assignments as soon as possible and do quick,
efficient work.
Is It for You?
For a stay-at
home-parent proficient in typing and data entry, KeyForCash.com is an
excellent way to earn some extra cash and supplement one's income.
Working on KeyForCash for two hours a day, every day of the month, an
above average contractor would supplement her monthly income by about
$400. This is not at all a bad bargain for work performed during the day
while still being to be home with your children.
Have more questions about KeyForCash? Ask them in our KeyForCash discussion forum!