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Depends on if you are employee or statutory employee (sm)

Posted By: emptymt on 2006-11-01
In Reply to: Two OSI questions - medhead

Employee, 8th and 23rd of month
Stat. Employee, 15th and 30th month

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Only employee and statutory employee..no IC
Am I statutory or employee

I just recently started working for MQ.  Everyone is getting me confused.  First, I am emailed about a rental fee.  I called and told them I was an employee.  I got my first paycheck and they only took out state and federal taxes.  So, I am still as confused as they are.  I left 3 messages for payroll and 3 emails.  No answer as of yet.  Are they supposed to take out all taxes if I am a full time employee?  They only took out state and federal. Does this make a statutory? 


Thanks for any infor. 

I am a statutory employee and they take out sm
state, federal and Social Security. I didn't want to be botherered with the taxes and it was an option they could or I and I chose MQ to take the taxes.
Statutory employee
I was wondering if anyone could tell me the companies who hire statutory employees? I would like the flexibility of an IC, but I would like the company to pay half the taxes for me. If you know how I could find out which companies work this way, please let me know! Thanks!!!

Statutory employee
By definition an independent contractor (IC) should not be told that he/she will work 8 hours or 2 hours straight on a schedule. You give them the schedule you prefer to work and they accept that or reject it. The operative word here is independent. Far too many companies try to not do the tax thing and still want control of the IC. The IRS does not like that!
you are an SE, statutory employee.
They are IC/statutory employee so no
benefits, insurance, etc. Website is transmdi.com
Yes, they called it Statutory Employee or IC ... at least
that is what is says on my contract. ?????
Statutory Employee Status sm
Use Bayscribe platform.
Statutory employee. Work when you want
Statutory Employee Status
Please, can someone tell me if there are transcription companies that offer remote MTs employee status w/medical benefits.  Is there such a thing as a Statutory Employee and what does this entitle us to?
They only offer SE - statutory employee
Since they don't offer benefits, you're not classified as FT or PT. 
Statutory employee versus IC.....
I know that being a statutory employee has some SS taxes taken out by the company, but does being a statutory employee mean a company can make you stick to a set schedule?
Congrats! You are a statutory employee, not an IC
They do take a portion of taxes out of every check. But since you don't have any further benefits you get the 24 hour turn around flexibility. If someone else covers your health insurance, it's the best of both world in my opinion. Hope this helps.
Part-time...statutory; used to be PT employee. (NM)
As a statutory employee, they take out FICA and match it. sm

Therefore, you do not have to file self-employment tax, like an IC.  You are still not an employee per se, in that you set up your own schedule/make your own hours.  You tell them how many lines you will do in a day, and every 2 months, you submit a schedule, telling them which days you will work.  

You have to have your own PC.  You can rent a C-phone from them, and some of the accounts are going to wav files, and I think the company provides the wav pedal for you. 

Hope this helps!

I had a hard time as a statutory employee, but
now that I am a regular employee and have to have a set schedule I am WAYYYYY more disciplined. I guess I actually needed that boss hanging over me (not literally, LOL) to make sure I work and make $$$$$. Best of luck to you.
Agree with poster below - MDI is statutory employee
There are no benefits.  It's basically the same as IC with the taxes taken out.  Did you think you were hired for employee status?  Don't mean to rain on your parade, but better double-check that.

I said it before, when MTs were first forced to go the employee route..it's all about control...same for statutory.  They have no right to dictate shifts/hours unless you're paid for your time by the hour.  In either, you only get what you produce, per production. You might think you're ahead with employee status because of benefits.  But what happens when you can't make your line count, even through no fault of your own?  The only square deal is IC status... you get what you pay for..no more, no less.  They don't pay for your time.. so they can't dictate a schedule.  What other industry would require a certain amount of your time and not pay for your time?  It would be different if they were to guarantee a certain wage per hour/day, etc... but they can't even guarantee there will even be any work.

SC meaning SE (statutory employee) and or IC contractor.
Still looking for help on employee positions with no VR which are good. Thanks.
Statutory Employee: What services hire SEs?
I have enjoyed the flexibility and tax part of being an SE with MDI-MD, but it seems very difficult to find any service who will hire SE.  I see IC or FT or PT, but not SE.  Could someone give me some leads?  I searched the archives, not much current info. there...thanks!!
full-time employee, but started out statutory (sm)
Good luck and I'm glad you're giving MQ a chance.  I think you will be pleasantly suprised. I know I was.  I was kind of disappointed when they called me back, but I really needed a job, so I took it, and four years later, I'm very happy! Good luck to ya!
Just curious, what didn't you like about being statutory employee at older job? sm
I'm thinking of becoming one so I'd like a heads up on possible issues this causes!!! Thanks.
You report wages and expenses as a statutory employee on schedule C.
I don't know how the company is these days, but when I was employed by them, there were some very rude people who worked in the office. I suspect since they were so high up, they're still there.
Do they offer both statutory employee and independent contractor status? Thank you! NM
P.S. ''If we try employee status and decide itís not for us, can we return to statutory employ
depends if you are employee or IC
if IC, DOL won't touch it. what has worked for me in the past is write them a final email stating they pay by a certain date or you are going to start posting this information against them on the company boards. it usually makes them very angy and say they will sue if you do but they can't sue for something that is true and will end up paying you.
It depends if you are employee or IC. Employees cannot hire sm
assistants. Most companies make you sign a confidentiality agreement, as do most hospitals and clinics. Those agreements should state (every one I have seen) that you will not let anyone have access to personal information or use your IDs. Letting someone listen is a direct violation. I read your post and went to the Privacy Manager at the hospital where I work to verify this before posting this response. She is our HIPAA specialist and told me that letting anyone listen or read a medical report is the same as telling them about it and a direct HIPAA violation.
It depends on your account, employee status, amount of work agreed, etc. NM
Statuatory employee versus regular employee....
Can someone tell me the difference between a statuatory employee versus a regular employee?  My company offeres IC or SE status....I am confused about whether switching over the SE would benefit me more than IC status that I have been for some time with them?  What are the benefits and disadvantages of being an SE versus IC?  Thanks for all of your help!
They hire both IC and employee. I am an employee (see message)
and I have full benefits. I am very happy that I came to work here. I came as a statutory employee from a large company. Everyone at MDI has been great to me.
Diskriter - Anyone go from their employee to hospital employee with them?
Thinking about giving up on being their employee and applying for a hospital employee position through them, they have one in PA right now that looks good.  How is it for scheduling?  Do you keep your line rate or get whatever the hospital pays? Who manages those accounts, is it the same PM and DR that are on the other ones?  I have DR and feel like she doesn't have a clue what she is doing and it is so annoying, but I just don't have the guts to let the company know she needs to step it up a notch because the transcriptionists are not happy under her.  Are QA the same people or through the hospital.  They have 1 QA that is constantly asking us questions on doctors and format, things we should be asking that QA person.  Annoying that new people move up to QA but people who've been there 2 or 3 years get treated like dirt and jumped account to account.
As an employee
I average about 8.5.  They have an incentive if you type 12,000 in a 2-week pay period and that's not too hard to do on their system.  Plus they pay higher on the weekends and at night (which I do on a split shift).  I also figure the benefits are worth it because they use United, which I like the coverage in my area.  All in all I am happy with them and I really like my team leader, that's a big plus to me.
Is this IC, SE, or employee?
Yes they do, also employee and PT
positions were available when I interviewed 6 months ago.
Every employee is different.
I have found OSi to be very flexible.  I personally do not work weekends.  We are required to work holidays if they fall on your normally scheduled days; although, getting paid at 5 cpl extra.  You can also request holidays off, which has never been a problem for me.  I have never been denied on a request.
IC vs Employee
You will pay more taxes as an IC because of SSI, whereas as an employee, you do not (your employer pays half of SSI.)
You said you are an employee? Where?
Where are these 4 companies that pay $8K a quarter for bonuses?!?! Please, do tell!!

And provide enough work for you alone to do that much work?!?! Please, do share!!
When you are an employee, do you
If so, you are better off being an employee. Otherwise, the so-called self-employment tax cuts heavily into your earned income credit. It did for me at least, without having made a huge amount of self-employment income.
You can owe as an employee also

If you filled out your W9 form and put down for 10 dependents you would also owe or if your marital status changed or your deductions changed.  All I am saying is that people think that because their employer is taking their taxes out for them they are not paying their own taxes.   When you handle your own money, you just have to be structured enough to take out what an employer takes out.   See your paycheck before and after taxes and see the percentage you are paying.  When you get a tax refund that is YOUR money that the government has had for a year.   You just underpaid.  You can also overpay as a business owner or an IC and get a refund.   But with the amount of deductions I have, I will never go back to an employee full-time as I would lose another 20% to the government and not ready to give that over.

employee or IC.
IC or employee?
I just checked their website and it states they only hire employees? It is possible to be an IC with them?
Yes, you can be IC or employee, nm
Their platform is very productive and they offer full benefits to full-time employees. For that they do expect you to work an employee schedule as they try to have the coverage issues worked out. There have been some growing pains with work flow, but my experience has been they have been resolved quickly and certainly nothing chronic. They do not pay for spaces but I took that into account negotiating the line rate. The efficient platform and getting paid for headers also helps offset the spaces issue for me.
Is this as an IC, or are you an employee? nm
They must be as I don't do employee (nm)
Sorry.. Employee, soon to be EX, at MDI-FL..

Definitely need to clarify that.

Pay for IC vs. employee

I'm interested to learn the average difference in pay between IC and employee--such as, if as an IC I earn 9 cpl (65 char with spaces), as a regular employee what would be the equivalent?  I'm guessing about 2 cpl less, so it would be 7 cpl as an employee.  I don't need insurance though.

Thank you in advance!


IC vs employee
An employer generally pays about 20% in benefits and overhead for each employee which includes medical insurance, paid vacation, income taxes, 401K, equipment, fringe bennies.   So yes, in the example you gave it would equate to about 0.2 cpl.
Employee only. nm
Are you and employee or IC? (nm)