Learn How to Make Money on Chicago Booth CDR
Looking for tips on how to make money on Chicago Booth CDR? Not sure where to get started?
In this Chicago Booth CDR earning guide, we'll break down how each opportunity on the platform works, ways to maximize your earnings (and waste less time), and more.
What is Chicago Booth CDR?
Chicago Booth CDR (Center for Decision Research) is a crowdsourcing platform for behavioral science studies and research. Here, participants from around the world can get paid to take part in studies that help researchers better understand human interaction, thinking, feelings, and more. The CDR has been conducting this type of research since 1977. Learn more.
How Much Money Can You Earn on Chicago Booth CDR?
Before we get into the earning guide, let's set some expectations. What's the overall earning potential of Chicago Booth CDR? How much can you actually expect to earn? Is it even worth it?
According to our Chicago Booth CDR Participant Reviews:
Hourly earnings on Chicago Booth CDR range from $1.00-$10.00/hour. Average hourly earnings are $4.25/hour while median hourly earnings are $3.00/hour.
Monthly earnings range from $2.00-$20.00/month. Average monthly earnings are $11.00/month while median monthly earnings are $11.00/month
Read all of our Chicago Booth CDR Participant Reviews to learn more.
Want to contribute your own data? Write a review!
Sign up for Swift Saturday Financial, a quick weekly newsletter that features extra money ideas, business stories, and other money-making tips!
Sent every Saturday. Unsubscribe at any time. I'll never share or sell your information.
How to Start Earning with the Chicago Center for Decision Research (CDR)
If you're brand new to Chicago CDR, here's the optimal way to get started:
Step 1. Sign up
To sign up, head here to learn more about the virtual labs and to register an account.
During registration, you'll be provided with a web form to fill in your name, email address, country, zip code, and a few other small details.
Step 2. Log in to the study portal
After registration, there is a waiting period of 24-48 hours for processing. Once this is over, you'll receive a welcome email with personalized login details. This includes your username and password.
With the username and password given, go to the website provided in the email address to log in.
Once logged in, you'll be asked to fill out some profile information, including your age group, gender identity, ethnicity, level of English fluency, languages, employment status, income status, annual household income, etc. This info is used to connect you with relevant studies, so be sure to fill it out as fully and accurately as you can.
Step 3. Take screening tests
Next, you'll be required to take the paid computer skills screening and the Zoom prerequisite study. This is to mark you as eligible for any related studies.
You can find the computer skills and Zoom prerequisites studies by clicking the “view available studies” button in your dashboard:
And then finding the “CDRVL: Zoom Prerequisite Study” and “CDRVL: Computer Skills Survey” options:
Completing the computer skills survey makes you eligible for survey studies. Completing the Zoom prerequisites study makes you eligible for virtual labs (which typically pay more).
Once you're finished, payments for each screening will be sent to your email as specified. If you complete both, you'll earn $5.
4. Start Participating in Virtual Labs
As soon as you're done with the screeners, you can participate in all studies/virtual labs available in your dashboard. Just click on the Studies tab to see available studies, just as you did before.
Once you see an available study you're interested in, view the available time slots and select which is most suitable for you. The number of available studies you participate in is up to you. Always remember to show up and be on time.
3 Ways to Make Money on Chicago CDR
Earning is pretty straightforward with CDR, as you earn by participating in studies. These studies could either be done as surveys or virtual labs (via Zoom). Whichever you select will probably depend on availability or choice.
There are also studies available for children. We'll talk about these more below.
Surveys are questionnaires that require you to type answers or select answers to a set of given questions. The links to these surveys are given as soon as you select the survey in your dashboard.
Usually, surveys take between 5 and 15 minutes. Once a survey is completed, you will get to submit your email for payment processing and receipt. These survey studies also require a one-time paid computer skills test (more details on this below).
2. Virtual Labs
Virtual labs are Zoom studies that could last anywhere between 15 minutes to an hour. This depends on the nature of the study. Sometimes, studies are broken into 2 parts if they tend to extend past an hour.
Studies like this could be a simple conversation or take the form of a role-play.
To participate in virtual labs, you will have to take a one-time Zoom prerequisite test (paid). This test helps them confirm that you can perform basic tasks on Zoom, such as responding to a chat, muting and unmuting your microphone, and also sharing your screen (more details below).
While browsing through the available studies, you can always click on them to view more details about them (pictured above). They always provide details such as time, pay, and the duration of a study.
3. Virtual Labs for Children
I'm including this as a separate opportunity although it's very similar to the paid virtual labs for adults (above).
If you have children aged 4 or older, you can opt-in for Chicago CDR's research with children, here.
By the looks of it, all child studies are conducted via Zoom.
According to Chicago CDR, these studies last around 5-15 minutes each, and typically ask children to listen to stories and respond to a series of questions.
As a parent, you can be present during these studies, but just as a spectator.
And as far as we can tell, payments for child studies work the same as for any other CDR study.
Chicago CDR Tips and Tricks to Earn More Money
Ok, now that you know how to make money on Chicago CDR, let's look at some tips to help you earn more in less time.
1. Fill out the prerequisite studies
We mentioned these above, but they're worth mentioning again. Be sure to do them! They pay and they'll make you eligible for more studies.
2. Read study details carefully
Pay attention to a studies duration and time slots before you apply for it. You can cancel a study at least an hour before the scheduled time, but try not to. If you cancel without proper notice more than two (2) times, you could be banned from the platform.
3. Get comfortable
The virtual labs on Chicago CDR are live interviews. These typically pay more than the basic survey studies so try to get comfortable being on camera!
4. Read the rules of conduct
Besides being comfortable on camera and adhering to study schedules, there are some other codes of conduct as well:
- Respond to questions sincerely
- Don't participate in the same study more than once
- Be sure to prepare your space beforehand so you're not interrupted during a study
- Keep your phone on silent during studies
How to Cash Out Your Chicago Booth CDR Earnings
Chicago Booth CDR has no minimum payout/cash out amount. (Payouts are initiated automatically after study completion.)
Payouts on Chicago Booth CDR can be received via Gift Cards.
Note: Amazon gift cards from CDR are specifically for Amazon.com.
After hitting the payout threshold and/or requesting a cash out, you can expect to receive your reward/earnings in 1-4 days.
Note: Payouts are sent within 1-2 business days.
Hope you found this Chicago Booth CDR earning guide helpful. You should now have a much better idea of how to make money on Chicago Booth CDR + all of the different money-making opportunities available on the platform.
If you have any questions, or if there's something we missed, please send us a message!