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Serving Over 20,000 US Medical Transcriptionists

If you're in the 37% tax bracket, you're making over

Posted By: MT on 2008-09-25
In Reply to: After taxes, it's a lot less than $100..... - ... more like $63.

100K per year. Quit complaining.


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They're making themselves look bad.
I clicked on jen has a big nose and there's an ad there for OSI.
CMT with only 8 mo exp? I think you're making
If you're referring to your CMT as a certificate in medical transcription for completing your course, you're misrepresenting yourself.

CMT is a certification that can ONLY be obtained through the CMT challenge exam with the AAMT (AHDI).

Please, stop with the CMT for just finishing your course.

No wonder you're not making $25+

an hour.  Give yourself a chance.  You've only been at it 2 years.  It took me almost 10 years to really start making a good hourly wage.  Prior to those 10 years, I worked as a medical secretary doing a little transcription.  I went to college for my Associate's in medical secretarial.  During the 10 years I transcribed, I also worked part-time in an office a couple of days a week, as I am not one who can sit 8 hours a day, 5 days a week and type. 


It has taken me this long to make an *hourly wage* that I am happy with.  However, I must say I am far happier at the fact that I work from home, don't have to pay a babysitter or buy office clothes or put gas in a car to go work.  Give yourself a break.  Two years is not that long in this biz.  7 cpl isn't bad for 2 years either.  When I left my last MT job, I had been there about 9 years and was only making 0.775 (even less for voice recognition).  So, please cut yourself some slack.  You'll get there eventually. 


Try not to focus so much on the money and look at the many other rewards.  The money will come, just try not to focus on it.


If you're making it to the
testing stage but not getting any offers, you might look into how you're doing on the tests. Maybe you could have an experienced fellow MT look over some of your work & see if they can offer you any tips or corrections that might be causing the problem.

I had this happen to me & had 10 yrs experience at the time. I had no trouble with any actual medical content, but I was so used to doing things the way my previous employer wanted that I wasn't as up to date on my BOS as I should've been. Just a thought...
LOL is right...If you're only making 4 cpl at TT
You're grossly inadequate. Anyone who just makes base pay at TT with all of their incentives and bonuses must be in over their heads.

LOLOLOLOLOLOLOL is right!!!
They actually think they're making themselves look GOOD to us!
LOL
Nope...they're making more
when they offshore the work. American MTs all want 10-12 cents/line. When they offshore they pay 6 cents/line for transcription, 3-4 cents/line for QA, so they're making more money offshoring than giving it to American MTs at 10-12 cents/line and then having to still do QA at 3-4. See the picture?? Do the math...
They're not making a profit.
I work at Futurenet. I don't mind paying the 25.00. It's guaranteed by 10:30 a.m. It has only been late once and I was reimbursed the cost. It's worth it to me for the peace of mind.
Keep in mind you're not making any
money while answering those phone calls and handling tech issues.  Before you know it, you're ordinary 14 hour day turns into a 24 hour day.  It's not as if you take on the client and clear your .14 cpl - it's FAR from that.
You're making me have flashbacks...
I'm going to have to go take a Zantac - LOL :)

Changing jobs is such a nightmare now. It used to be so much easier when we all worked on Word, used our own expanders, etc. They'd basically just send the account rules & turn you loose... We could be up and working full speed in no time. All these weird platforms have really complicated it!
Unless you're secretly making FAR MORE than
I just find it very hard to believe that anyone could feel their paycheck is 'just fine'. If your company is 'in keeping with every other MTSO out there', then I would take that to mean that the pay there sucks, just like it does at every other MTSO out there.

Think about your level of expertise, your knowledge, the skills you have that probably 98% of the U.S. workforce does not have. Believe me, even looking information up on the internet takes a certain level of savvy. I know people who never seem to be able to find what they're looking for on Google, for instance, because they don't know how to search. And how to read between the lines once they find information they think might be accurate.

You make thousands of judgement calls every day as you work. Do you really hear this word, or this drug dosage? Or not? Do I flag this for QA to check, or do I send it through? Your judgement calls can impact patient other people's lives.

Your typing skill, hearing and memory have to be far above average in order to succeed. You have to know prefixes, suffixes, a certain amount of Greek and Latin, anatomy, and your way around a PDR like the back of your hand. And so on and so on.

Imagine if your level of skill were being applied at just about any other line of work out there. Or if you were a legal secretory or a court reporter (2 jobs with similar skill-sets and intelligence requirements). Most of us have probably looked at those careers in the past, and we have a pretty good idea what they pay. And it's far and above what any MT can ever dream of making, even if they work 10-12 hour days, 7 days a week.

I'm 'managing' on my income, too. Just barely. I know how to budget, how to do without most things, and where every penny I own is located. But just 'managing' is a far, far cry from 'thriving' or 'succeeding'.

'Just getting by' is what you do if you sneak into the country and pick lettuce for a living. It shouldn't be what medical transcribers have to settle for.
they're the ones griping about making min wage
and barely making line counts

so they have the qa. so what? they don't have the production.


BRAVO!! I'm sure you're making lots of $$$s..sm
But if you were like the rest of us peons who had to run back every few seconds of footage because you can't understand most of what the dictating clown is saying, whether ESL or native train-catcher or sleepwalker or can't-make-up-my-mind-what-I-want-to-say, Ah...Hmmmm...Scratch that!...Let's see, ..uh...where were we.. uh... zzzz (yawn) zzzz.  And then they race through the labs & medications 78 RPM.  But they're God's chosen people while we can't miss a comma...QA gets p..... off if we send too many blanks, well, I hope you see my point. My hat goes off to you!
You're making $400 a day on voice recognition?
How in the heck are you doing that? What kind of rate are you getting? How many lines are you doing a day? I'm just blown away at people making $50,000 a year in this business, much less $104,000. WOW! Congrats! Talk about depress me even more LOL.
QA compensation - anyone happy with what you're making?

I'm sorely tempted to look into a QA position and I was wondering how the compensation compared to transcribing.  I would love to be paid hourly, but it seems most offer by-the-line pay.  I know there are variables (platform, ESL, etc.) but I'm trying to come up with some type of comparable compensation formula just as a jumping-off point for negotiation.  Anyone care to elaborate on what they're earning, how they're paid, and how this compares to their transcribing earnings? 


If you're making yourself sick over no work

why not get another job instead of complaining about no work all the time? No job is worth getting stressed and sick over it.


Don't forget, TT is not the only company that has low/no work. Haven't you read the other posts on the other companies or do you just concentrate on putting TT down all the time?


Find another job, leave TT if it makes you so sick.


If you aren't management & you're making good
money on VR, then why are you so desperate to attack those who don't want to do VR & try to shove it down their throats? A fellow MT wouldn't do that. They'd simply say they like it & how much they make rather than having a meltdown over other MTs not being thrilled about the switch....
You're making mountains out of mole hills. A vindictive
.
FUNNIEST THING..they all think you're making all this big money (LMAO) -nm

Hope you're enjoying those slave wages you're earning.
.
So you guys feel you're getting paid what you're worth with VR?
I'm not trying to be snarky. I've never done VR, so I'm trying to understand.

You're happy with your paycheck with VR? Do you find the files to be as bad as the original post implied?
So you're telling me, basically, they're bad news?
They offered me 0.095/line and you know - it sounded too good to be true, but I SWEAR the recruiter told me they do not outsource. Oh brother... I just wish they'd be honest. I really don't know what to do.
Not the OP, but they're supposed to take out all the other taxes as you're an employee with th
s
No, they're not losing money....they're gaining!
If a company charges their clients by the line, I'm sure that line rate does not go down even though the MTs pay does.

ASR pays about 2/3 normal line rate to its MTs. Their ultimate goal is to have the MTs do twice as much work. Therefore, the client is getting their work faster, but paying their normal rate, while corporate gets that money and the MTs get the lower line rate.

Whether the newbies want to realize it or not, MTSOs have not increased MTs' salaries in the past 10 years. They still start out at the same pay as the last century!

This used to be a very lucrative profession. Nowadays, most MTs are considered to be paid at the poverty level. You don't believe me, look it up!
Hey, you're in luck then. They're hiring! (nm)
x
If they're in Nebraska, they're www.medigrafix.com nm
m
If you're an IC, you pay all your taxes. Otherwise you're an SE or employee. nm
s
If you're PT you're required to work

8 of your hours in one weekend day.  There's no extra pay for it though. 


The face we're wising up is exactly why they're
xxx
We're not 'so scared' of it. We're trying to help
you to not make a huge mistake, but I guess you're determined to learn the hard way, so good luck with that.
You're right on it! They're just trying to cause panic.
...
How can you KNOW what you're doing without THINKING you know what you're doing?
/
If you're not doing your job, then you're not earning anything, therefore
p
they're desperate because they're sm
driving away all their employees with the horrible new changes they're implementing.  It's a mass exodus, and they couldn't keep up with their work load before all the departures. 
We're glad you're gone too.
The more people that quit, the more work left for me. I love it when people say they can't take doing MT anymore.
Well, i hate to tell ya, but if you're an IC, you're
nm
tax bracket
off the bat, how do you find what tax bracket you are in if you want to be an IC?  thanks.  I hope this is not a stupid question.
tax bracket
thanks so much for helping me with this!  LOL
I think they're new. nm
m
now we're getting somewhere....
Great qualities... absolutely. Can you be more specific. What type of communication do you think works? What doesn't? Concern is also important. But how far should it go. Certainly a company needs to be understanding if an MT has some problems, but remembering it is not the company's job to take care of someone, what about when the MT is not producing or working when scheduled? How long do you let it go on? What if the MT has chronic problems. What is the company's role here?

I can say my boss was ALWAYS flexible with my schedule, but I also made sure that I made up the time and the lines. I didn't abuse it.
You're better off
Someone else will appreciate your abilities.
You're welcome; here's what I can tell you ...
Spheris' family insurance is with United Healthcare and the premium for family coverage is about $180 per payperiod (2-weeks).

As far as PTO with Spheris, as a FT employee, you would earn 10 days a year for your first 5 years of service, then it goes up from there.

I hope that gives you a guideline to go by.
If you're looking for
and to be treated well, then you will like TT. They really are the best company I've ever worked, for and I've worked for more than a few. In this business of never meeting who you work for and not knowing what you're getting in to until it's too late, they are a breath of fresh air. They always pay on time, pay what they say they will pay, are very kind and honest. Good luck.
you're right...sm
when I was in school, for MA, not MT, my instructor said the ones taking the MT class were just waisting their time. I worked as an MA until I got pregnant, then worked as an MT after my son was born. I'm gonna ride it out as long as it's available. Then, hopefully I won't be too old to do something else!
Is it possible that you're having another
I may be an old biddy but when I was 17 it wasn't a computer that was sitting in front of me on Friday night, loser.
Oh, if you're asking me -- I don't know. I wish I could
tell you, but I have no idea.

They're far from going under.

They're securing new accounts all the time because they're a good company with a fair, honest owner and a wonderful support staff and QA, etc.


I hear there are one or two bitter ex-employees out there who do nothing but trash the company, and it's totally unwarranted. 


so what you're saying is . . .
No brains required! LOL! Sounds good to me!
If you're sure...
I would contact my coordinator and ask. I think the system is set up only with and without ops, that's it. On the VA account I do, if any report is skipped, the MT is questioned. Melody sent out an email not too long ago about cherrypicking and I know management is now noting who is skipping what.
Not sure if this is what you're trying to ask or not...
OSi now has what used to MQs so I guess they just resent each other. I had a little of what OSi now has. I got paid very well for working on that difficult account. I won't work for them just because I can't see taking such a huge pay cut just to do the same crap I've been doing for years. I moved on. No reason for me to bash anybody. However, the complaints on this board definitely helped me make that decision and I'm so glad that people do speak out when they're not treated right by a company.
You're welcome! nm
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