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Bonus rates

Posted By: carolb on 2007-03-09
In Reply to:

Can anyone tell me how your bonus rates are structured? Number of lines per week or per pay period and if so, what is the going number to achieve a bonus and how much is that bonus? Thank you


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Christmas Bonus survey...Has anyone received a bonus yet this year or expect one?
We usually get one but haven't see it yet. Just curious if anyone has been so lucky as to get one.
Also, it is not only about a birthday bonus, any bonus...sm
I am curious to see the average amount of different bonuses out there.  Like anniversary, birthday, holiday, etc. bonuses.  Remember back when you were an employee and had to go out to work for a company, during your birthday, anniversaries, certain special times of the year everyone would send around a card, sign it, cook a meal or something nice for you...I am just wondering if any company does that for you even though you don't actually have to dress and go to work physically.  A simple poll...NOT something I will base on becoming an employee with...A SIMPLE POLL!  Thanks for everyone who gave some input about their actual company and not a criticism...Just a simple question ....
No bonus here - I make my own bonus sm
by working more and having a big fat paycheck!

I have learned, in life, not to expect so as to not be let down or disappointed. I apply that reasoning to all aspects of life, including my career.

Although I agree that sometimes it is nice to have others think of you with a gift or bonus, in reality, it is not the norm working as an IC.

Christmas has become so materialized and commercialized, it really is sad for those who don't have as much as others to feel such a financial stress and burden to buy or give gifts.

So, I say make your own bonus and work a little more, get some extra lines in, and that would be your bonus!

Happy Holidays to All!




Pay rates
Your pay rate doesn't change. What this policy says is that IF you send a report with a CRITICAL error to a customer and it is returned, you may not be paid for that particular report. I don't see this as unfair frankly because the service can't bill a customer for that serious of a mistake in a document. It's all about us being accountable for our work. We want to be recognized for our value but don't want any of the responsibility that goes with that?
pay rates sm
I turned down a job also because of low pay--company did not want to pay for spaces and added normals themselves so I wouldn't get paid. How low can you go? Wish we all would turn down low pay. Maybe it would send a message. I know this isn't realistic, but I'm wishing :)
pay rates sm
Just curious but which company does not want to pay for spaces? I know of one company that does add the normals and will not pay the MTs but it isn't any of the three mentioned here, can you enlighten us, please?

Thanks!
pay rates
There are two different platforms, one pays 9 cents per line without spaces and one pays 7-8 cents with spaces.
low rates
I have a friend who has a small MT company and she charges her clients 9 to 12 cpl (the 9 cpl accounts she types herself). She has a few ICs locally (usually pays 7 cpl). She is amazed when I tell her what other companies charge their clients but every time she tries to negotiate a little higher rate her clients tell her either it's the same low rate as always or they won't use her services anymore, so she feels stuck. We live in a low cost of living area, so the doctors are generally cheaper here, but for me personally, I wouldn't take that pay if I had to have the hassle of my own accounts, dealing with clients, billing, etc.
Especially re. pay rates....sm
The few MT contracts I have seen, employee or IC, are pretty vague on the subject of compensation, saying something like, ...The agreed-upon rate.  Agreed between whom?  Get a specific figure in writing, esp. re. rates per line, spaces, etc.  They can screw you up here without you knowing it, and how is agreed-upon rate going to hold up anywhere?
rates
Employee rates are 7.5 to 8.5 for dayshift, plus they have an incentive that you can make if you type an additional 200 lines per day.  That will add 1/2 cpl to your rate, they also have an additional 1 cpl for late shift plus the incentive.  The acute care rates are higher than the ER team rates.  They pay by direct deposit every 2 weeks. I started with MedScribe about 6 months ago and like the work and the new platform.
low rates
I have tried to reason with the company I work for, using all my logical arguments - it's best to pay a little more if you expect people to work on their days off, it's better to pay your experienced people a few cents more than to hire in outsiders when work gets behind, especially if your clients are already angry (come on, tell me that someone can just come in and do exceptional work with no experience on an account!), that it would be nice to get a raise or a sick day or some kind of incentive, and it has all fallen on deaf ears.

I believe there is money to be made in this business, but it is not the MTs who will be making it.
low rates
I turned down an offer this morning of 7.5 cpl for acute care.  I have over 20 years of experience and I refuse to accept that line rate.  It's an insult to all of us who have dedicated our lives to our profession.
MT Rates

If anyone knows the going rate being charged by MT companies or by individuals in Florida, North and South Carolina, would you mind posting it here..hubby and I are considering a move.  Thank you.


pay rates?
Anyone know companies that pay on the gross and/or straight line? 
pay rates
But, because the vendors spew their crap about how this technology will save the hospitals so much money, the Editor pay is almost always decreased per line versus traditional transcription. Most editors are getting paid 3 to 4 cents per 65-character line, some are paid a % of their usual pay rate per line. It still means a decrease in overall income per hour.

How many MTs/editors are now working extra hours per week to make up that difference?

Although the vendors (keep in mind, they are salesman, they only care about selling their product -- they don't give a rat's a%% about how it affects anything else) claim that the technology keeps learning and improves, that is not always the case. A lot depends on the particular system, how many editors are involved, if the editors are ALL given the identical specs and following those account specifications.

I'm just sick and tired of new technology actually causing a decrease in my income. It should be a win-win situation for everyone involved in the process, but it never seems to benefit the MTs/editors.
Rates for Rad
I've worked for a company offering Rad on PowerScribe (and please ask how you are compensated for downtime) and rates for both editing AND MT should never be below a dollar, that's just insane. $1.25 to 1.50 is the going rate most places per report for MT.
Rates
I would suggest you talk them into using a digital recorder - then you don't have to drive for tapes, and the sound quality is better. There are many inexpensive ways to get the files to you, so you won't have to worry about gas, etc.

As for rates - I wish you the best of luck in getting them to pay the range you're considering. You have a shot at the low end, at the high end, if you can get it, I'll hire you to come do sales for me. ;)

Deborah

PTO rates cut
If you thought the PTO time you have been banking at DRC/Acusis was going to be paid at the rate when you banked it -- dream on!  It's being paid at your CURRENT rate -- so for all my sister MTers, we lost bunches of money.  One wonders what is next??!!
Where is my bonus!
I have been at OSi a long time and don't know what my audit scores are. I never got a bonus but you see the same names in the newsletter every single time with the bonus. I think they are just paid it as part of the inner circle and probably never got an audit either. If I did mess up I wouldn't know it because nobody ever tells me anything about an audit. What gives????
Where is my bonus!
Well isn't that interesting that 2 people on here know nothing of audits? Why is that? Why isn't everyone getting audits monthly and randomly? Something is stinky here.
SE's bonus with MQ
Are you working for the St Louis office? This is where I was hired, but have not sent in my paperwork yet. Do you have a lot of ESL? They don't bother me too much, but they can slow you down. How are you liking working for Medquist so far....after reading some of the posts on here I am very nervous, but I think I will give them a chance to see for myself.
Bonus
Im bringing it back up here. Listen, no one owes you anything for working for them but your paycheck. The way I look at it, these people are not my friends, not my family, and have nothing to do with my holiday however I wish to celebrate it. If I were to receive something, I would be grateful but don't expect it. Your job is your job and thats all it is. It gets way too personal when you expect something from an employer. A gift is something that should be given from the heart, if one wants to, not something that is expected to be given. And as far as thank yous? I earn my paycheck, I don't expect someone to thank me for something they are already paying for. Just my opinion, probably gonna start up a big fuss here -
x-mas bonus
Hello..Merry Christmas everyone!  It is my one year working at Medware and just wondering if they give x-mas bonuses? 
Bonus
You're obviously a new MT right?  Sorry, but I had to laugh when I read that.   In my 20+ years of working in transcription only one company gave us a Christmas bonus.  It's unheard of really. 
bonus
That's great.  Good for you!  Okay, maybe not totally unheard of, but deifnitely not the norm for most MTSOs.
Bonus
I've been with my current employer for 3 months and I got a substantial bonus, but it may be because I work for a small local nephrology group. Before this I didn't receive anything.
bonus
Well, first off, she asked about Medware specifically. no one answered that specifically, but anyway, I received a bonus from my present MTSO even after working for them for only three months, almost three years ago. I also received a fairly substantial bonus last Christmas from the same MTSO. I don't know for sure, but I suspect I will get a bonus again this year. I also sent them a Happy Holidays gift. I think it is good to *acknowledge* both the MTSO and the IC/employee, simply for doing good work all year. JMO. Merry Christmas to all.
$100 bonus! : )
x
$225 bonus. ;-)
x
I have been getting the QA bonus
for a long time. I know my account well, and I know what QA wants (for the most part!)
TT bonus
Can you elaborate on how the production bonus is figured and how often it is paid? Thanks again.
The bonus ... (sm)
.... is paid on a weekly line count. There is a minimum daily line requirement which is reasonable, and IMO, I believe they would be able to keep transcriptionists if the bonus were based on anything over their required lines per day instead of weekly.
bonus
That is definitely NOT a $1,000 bonus.  Not in my book.  Human nature...something else.  People are crucifying eachother. 
Bonus?
I have worked for MQ for 20 years and NEVER received a bonus at X-mas! Has anyone gotten one from MQ?
Bonus
Yes, I get a bonus every Christmas. Should be getting it in this week's paycheck. I was also invited to their holiday party the first weekend in January.
Bonus
One year I got a snowglobe with my company's logo as a bonus. But, i guess at least they remembered, LOL.
bonus
I appreciate hearing positive things about companies and did not feel the poster was bragging at all. It is also good to know what companies value their employees and actually show it.

NO BONUS YET
HEY, I WORK FOR Transcend AND RECEIVED NOTHING!?? HOWEVER, A VERY NICE LETTER STATING HOW WE WERE APPRECIATED. AT LEAST THAT'S SOMETHING. STILL, ALL IN ALL A GOOD COMPANY, BONUS OR NOT, THOUGH WOULD HAVE BEEN NICE!
No bonus, but might consider MDI-MD.nm
nm
bonus
Last year they gave mugs filled with hard candy. I no longer work there, but would not expect much more than that.
No bonus, just mug
It's been the mug filled with candy for several years now.  One year, the mug had gold metallic print so you couldn't use it in the microwave.  Hopefully they don't repeat that one this year.
The insurance rates are the same for everyone who
signs up for that particular coverage. If you are signing up for employee only it will obviously be the lowest cost. If you add children and/or spouse and/or family coverage, those are all different coverage plans and each has a cost.

The benefits for Spheris are not negotiable. Therefore, if $202 was what they told you would be the cost of your insurance, then everyone who has the same coverage will pay that same rate.


Reasonable rates
Reasonable rates to you may be unreasonable to others.

If you don't feel you're being paid for your experience, then you're not.

As you can see below, when MTs start posting anything regarding rates, line counts, etc., flames start.

Decide what is reasonable for you and what is fair compensation for your experience. If MQ isn't paying it, talk to them. If they are, then congratulations!


line rates
When I started I was told line rates are based on years of experience and what account you work on.  When you are hired they give you a pay matrix so it is easy to see exactly what you are making.  They also pay a shift differential after 6PM and have an incentive plan that is paid at 12,000 per pay (2 weeks). 
Pay Rates Have Not Changed -
It must have been the level of the account.
This is exactly why our rates are going into the toilet -
SOMEONE will nearly always work for whatever ridiculously low rate is offered!
Line rates
Why do all these companies keep dropping their line rates?  The cost of living sure isn't falling. 
Line rates
Because they can get away with it. As an experienced MT, at this point I will go work doing something else before I will take less, but I am frustrated that there are so many out there who are willing to sell themselves short. I also will happily learn voice recognition or do QA but not at my expense. I keep wondering what the fallout in this profession will be.
Line Rates

Hi


Could anyone tell me what to expect for a decent line rate... I never see any ads for more than about 8-9c per line?  Thanks. Lou


They told me the rates and that I would be doing one
doctor within the first few seconds of my interview. I took the test an hour later, was hired two hours later and started two days later!
IC rates at Medware 9-10 cpl
nm