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I'd say 55 cents a word is a moneymaker, you'll get rich!

Posted By: You probably mean 0.0055 a word on 2006-01-22
In Reply to: Patti-thanks for your reply - sm - Lucy




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I'll add my 5 cents to your 2 for 7 cents sm
I AGREE WITH YOU!

I know an MT who sits on her laurels and whines about no work and only getting 9 cpl after 5 whole years of experience. She can type 3 specialties, won't touch an ESL, goofs off when there is work and whines when there is not. I have tried to help, but it is quite plain to me she doesn't want that help.

I have about 3 times the experience of the above MT. The only specialty I have not done is pathology. I have literally done everything else. I know the BOS 2 like the back of my hand and I have outstanding accuracy scores (even if I can't type straight here). I work as an employee and make a base rate of 8.5 cpl, which I never get because I always have some of the different incentives offered. I regularly turn that 8.5 cpl into $25 an hour and at my PT job where I get 10 cpl and faster software, I can turn that into $32.50 an hour.

I have heard, more times than I can count from other MTs that they wish they could have my income. I can tell they why they don't. It is called hang out to complain on a message board like MTStars. It is doing everything, BUT your work on your shift. It is your lack of a willingness to learn new things, even if they slow you down some. This very year, recently in fact, I was put on straight cardiology procedure notes and I didn't worry for a second that I would suffer financially. I AM FLEXIBLE and that, in a nutshell, is why most MTs will not succeed.

A long time ago I realized that if I want more money, I was going to have to work SMART, not hard. In my 15 years, I now make 5 times what I did my first year and at the same exact line rate I had then! I spend less time working to achieve that these days. So no, I can't agree with your sky is falling routine.

Most of you...your attitudes suck. If I had to have you on site as my employees, you would not last 15 minutes. The first time I heard you at the water cooler whining about your pay, I'd fire your fanny so fast it would make your head SWIM. I have eyes in the back of my head too, so when you started making that stink face you are making right now, I'd have sacked you for that, on the spot, no warning and no day's pay. The ONLY reason you all get away with this is that you THINK no one who knows you is watching and that your respective contract holders can't figure out who you are.

By and large, I can't tolerate other MTs as friends. I find them lazy, self-absorbed whiners and complainers with some the worst negative attitudes I have EVER seen! If you hate MT so very much GO GET A JOB DOING SOMETHING ELSE. I can tell you, your bad attitude, your tendency to complain, whine, witch (with a capital B), moan and ALWAYS see the most negative side of everything...THAT crap will follow you to that new career and it won't be any better than this one. You have issues and I really think they are issues for a good therapist. They are called personality disorders and many of you have them in multiples and in spades!

I think you should be completely and utterly ashamed of yourselves. Too many people are out of work, homeless, and starving this Christmas to be so opinionated and selfish.
the pay is 10 cents a line and 11 on weekends, more than you'll at most other places
nm
sorry, you'll have to take my word for it.
If yours has decreased 40% what makes you think it can't disappear altogether? Short of faxing you my paper, don't know what else to say.
What is average? 7 cents, 8 cents, 9 cents? 65-character?
x
This is rich!
I sure hope you accepted his offer!!!!  I know I would have...instantly!
oh that's rich.
You get your panties in a wad because someone posts your address...I think that kind of says something. If you aren't trying to get away with anything, you shouldn't care.
the rich usually don't, but there are also
a many poor people. Poor people get a lot of assistance from the Saudi government, because the country has so many natural resources, foremost oil.
There are also no taxes
levied, citizens have free medical treatment, and much more...
THINK AND GROW RICH
One size does not fit all. Be true to yourself and your abilities.
ALL? I'd be SO RICH! Only what's asigned..nm

Over 1000 lph? You must be rich!
LOL
Yah - a couple women got rich, and we all got -nm
.
All these people care about is getting rich, no

I also work for 8 cents a line. I left a job typing OPs for 10-11 cents sm
to take a clinic job. I made an average of $17-18 an hour with OPs, now make $16-17 an hour, but the work is easier on me. I do not call that poor pay. I type 200+ lines an hour. True, it isn't the $26-27 an hour I was making 10 years ago at a hospital, but that's gone for good. I have excellent skills, make better than 99% on QA at any company I have worked for, and some of those have been very demanding.

I'm afraid the people that are expecting to make $20-30 an hour in MT are going to be disappointed. A few can still make that amount, but for the average good transcriptionist, the pay is much more likely to run $15-20. Benefits are pretty much gone. However, I feel that what I'm making is considerably above what I could make in another field, unless I decide to teach, which I will not do. Still, I make more than I would at Walmart or Burger King, or even a secretarial job. It's my choice. Good luck to you.
This sounds like one the MTSOs who got rich from selling
their company. You need to live in the real world sometime and see what you can do without. Your beer and champagne will be gone, but so will the steaks, lobster, and even a fresh vegetable unless you grow them. Even better, try giving up some other things - aspirin, ibuprofen, kleenex, vitamins they recommend you take daily, doctors visits, dental care.

Sorry, LMAO, I never want to meet you or be around you. You are evil.
Unfortunately, the country seems headed toward rich, or poor, period.
sort of like, anyone not rich has to conform to the mentality that ...we are only working for the good of everyone else.

MT is not the only profession. it seems to be eroding through our entire society like wild fire. you best not have a good opinion of your self or worth, because you will be whipped back into believing you are only lucky to have a job.

heartless. whoever is in charge of this country or in the trend is heartless. any companies that were good, and there were a few, are claiming they now need to compete with lower wages and better technology, all of which we have to suck up, not the owners.

mostly I hear women with that mentality, that martyr-type attitude. we shoud just work like dogs, expect nothing but our sweat-shop pay, keep our mouths shut, and just be glad for any scraps a company wants to throw at you.

these companies love these women...and if it was not so sad, it would almost be funny to watch some of these women now, who are not even making what they made five years ago but are losing work, benefits, and pay. maybe they are happy because, hey, after all, we probably do not even deserve that, right?
you both don't sound happy there anyway. Move on. Happiness is better than being rich! nm
.
The mentoring program does not pay 8-1/2 cents per line. Believe it is like 6 cents.
n/m
(cont'd from posting above) pick up the slack from the rich's tax loopholes!
Who else are the people who refuse to work going to have pay for their stuff?
Yeah, my thoughts exactly. Just another get-rich scheme, preying on desperate
MTs who want a light at their tunnel. Most likely just a train in this case and another way to fill someone else's pockets off your vulnerability, but that is just my negative opinion. Been there done that...
4 CENTS , SCHMORE CENTS. THAT'S WRONG!
Whether an MT is new or an editor, 4 cents a line is deeply insulting, and 9 cents per line isn't really too much better. You know, I understand that most of these MT companies want to save money, but most of them don't seem to want to pay what an MT's time and skills are really worth. Why not pay an MT who has been in the field for 7-10 years or more 15 or 20 cents per line? At least I might consider working for one of these companies at home if I were to be paid that much straight off the bat for having 12 years' experience, but I guess that would be too much like right...
Do they still pay you 5 cents a line and 2 cents if you send anything to QA?
xx
I have a problem with 7 cents and 8 cents a line because
...when I started 15 years ago, my very first MT job started me out at 8 cents a gross line, then went to 9 cents a gross line after only a year. I was SOOO happy and proud of myself for choosing a profession that paid so well - I imagined myself making a lot of $$ once I had 10 or 15 years experience behind me...

Well that never happened; in fact, it all went backwards, pay wise. The company I worked for back then sold out to a national, and of course the pay was cut, and 9 cents a gross line was never to be had again, at least not that I could find. I am considered living in poverty now. I started out great but have ended up very badly.

I think my own personal problem is that it's hard for me to let go the fact that I made good money just starting out and how everything I had ever learned about jobs, careers and pay was that the more experience and education you have in a particular field, the more your pay goes up as each year passes. Well my pay has been consistently taking a nosedive for at least a decade now. I actually have to work MORE to make at least as much as I did years ago, and it's killing me health-wise as far as my wrists, my legs, my neck, my back....

It also kills me that I'm going to have to accept 7 or 8 cents a 65-character line when I made so much more than that 15 years ago.

I suppose to someone who's just starting out, 7 or 8 cents would seem pretty good, though. Maybe that's why I haven't been able to land any jobs with my resume. They may not want me with my years of experience, probably want a newbie who will be more grateful about such low pay. I dunno.

I could just kick myself for wasting money on MT school those years ago when I could've spent it on a career that would actually LAST and where I'd be making great money after being in the same field for 15 years. There's just no reward to this business. None at all, IMO.

I would NOT recommend this field to anyone just getting started. To me, it's a dead field.

I'd have more freedom working at McDonalds (for a number of reasons), and, believe me, I've been considering taking a local job around my home for minimum wage. At least I'd have a consistent paycheck and would know exactly what I'm getting every 2 weeks, then build from there as far as another job or two.

Well anyway that's all. I really need a job. I'm going down, going under, and it's a shame because I do very good work and have all this experience but no one seems to want me, even the low-paying companies. Oh well.
The platform is Word. Their program works with Word but does not change how Word works. nm
The benefits just changed the first part of this month. I don't have them but I remember them being reasonabl for a single person. Family and spouse was not reasonable in any way (in my opinion).
small to medium company that works in Word or Word-based program - email me. nm
nm
ExText is integrated with Word. Auto correct is a part of Word.
ExText is a Word based platform. When the page opens for you to type the document it will be just like you are typing in MS Word.
anyone work for Oracle - do they use Word or a Word-based program - e-mail me nm
nm
Just wanna work in Word - need company that works in WORD! nm
nm
Their program works with Word and does not change how Word functions. sm
You use your own expander. Overall I feel it is user friendly and I like it.
If you'll read through past posts you'll find lots of
recent info.  Why do you need menitoring if you already work as an MT.  Unless you do clinic work most companies will require you to work at least one weekend day, at least initially. 
Does the Emdat platform use Word or is it Word-based? nm
nm
If you'll read the archives you'll find out everything
you want to know, none of it good.
Few cents here, few cents there stolen from you by
x
Word for Word Medical Transcription
Pros and cons please.
In his ad, he's asking for Word Perfect, not Word, if that matters. nm
s
The platform is not Word, but it is Word-based. I
had little Word experience and the recruiter told me to try to find a book to learn the basics of Word as their program is Word-based. 
Now I wish they would just call me back......no word no word and
What is up with these MT companies that advertise. They don't even answer. I have a great resume, tons of experience. I'm confused.
Probably figure you'll want Way more than they'll offer, whatever it might be. :) nm
s
If you'll read more carefully you'll see
I was referring to AFTER she's missed out on a job, having a friend do sort of an audit to tell her what what was wrong with her test she submitted -- not cheating.
word for word company
does anyone know about word for word transcription company?  how are they to work for, platform?  thanks in advance!
I was told I could use word pad since I don't have word

I have 1 computer to speak of that I did not buy personally.  the company has their own platform and their own computer to be rented.  I would not be typing in word.  I have never had a problem testing this way before.  I am not saying certified is better.  I was explaining my circumstance.  I have my own personal computer ordered for my use and I wanted to test fast without waiting. geez.


"overtime" is not a generic word. "incentive" is a generic word. Over time means time
x
Their ad says 9 cents, not 10. nm
xx
Just my 2 cents but here goes.
1. Schedule window. You know, like do 1000 lines on Monday between 7am and 7 pm. Something like that.
2. 8.5-9 cpl is fine with me, but a raise every 1 or 2 years as long as I have a good quality rating,95-100%.
3. Pay at least 1/2 (ideally 3/4) of the benefits. An HMO or PPO. 401 K and PTO are necessary for full time and nice for SE too.
4. I prefer employee status.
5. Direct deposit is nice but not a requirement.
6. Pay every other Friday would be good.
7. I would say what makes me stay (and who says I am right now) is QA and their attitude helping me with my work, training so I can learn different specialities to raise my rate, pay while training so I don't get penalized for learning something new and being more valuable to my company and answers to my equipment/work flow problems in a timely manner so I don't waste my time sitting on my hands waiting for work and/or equipment to be fixed. And the feeling that I am not so easy to replace, that I am appreciated. That's what I want for Christmas.
Want my 2 cents? -sm
I'd continue to look for another job and when you find a good one that pays what you'd like, give your notice and see if they offer you more then. They may or may not, but if I were you, I'd be ready to leave about now.

I've also found that if you don't want to take what they're offering, if you do manage to negotiate more money out of them, expect to get less work.
My 2 cents

Okay, some slamming going on here.  I do not find that there is dishonesty in line counting---have not had a problem in 4 years, paycheck is always accurate. 


Yes, they do QA you 100% at first.  If you are good at what you do, this will not be a problem either. 


As for running out of work, it happens with all nationals and especially this time of year; HOWEVER, it also makes a difference what shift and accounts you work on.  I find that splitting my shift (for family and carpal tunnel reasons), that I never have an issue with no work.  I will say that your manager will make a difference, some are good, some not so good.  It is obvious that they like you to be someone who can work independently, not needing constant contact with someone.  That is my style and it works for me, maybe not for you.  Good luck and welcome aboard! 


8.5 cents
My opinion is, without spaces it's not all that great. I have been checking around and have found 8 cents with spaces is about average.
4 cents
Chase told me they pay by the word.
My 2 cents
I worked there a few years in QA and the MT quality was horrendous. The U.S. editors were usually blamed for it in the end (even though we were only given a certain percentage to edit). We were often told that such-and-such client wasn't happy with the quality and they could lose the account so they put the pressure on the U.S. editors. Needless to say, I saw many clients come and go and personally know doctors who have used companies that offshore and it usually takes about six months until they realize their transcription (or coding) is completely beyond repair and they decide to go back to in-house or U.S. companies.

It still amazes me that so many clients are willing to send such confidential records overseas to save a few bucks. What they don't realize is - how much more EXTRA money they will need to spend in the end to fix the mess.
2 cents
Oh I know exactly how you feel, Medquist is the exact same way!!!
I'd do it for 15 cents or more.
x
I get 9 cents
I get 9 cents per line with MDI-FL.