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I did the math a few weeks ago and it is (sm)

Posted By: sm on 2007-03-14
In Reply to: Actually, that 10% I stated was too low - what is the diff between cpl spaces vs nonspaces? - Whatever it was, that was how much I was "short

roughly a difference of 15.5% - I say 'roughly' because I did the count on Word and have been told Word does not give an accurate count - but used same program for the whole document and figured several ways....




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Yes, they offer I think 4 weeks at full pay or 8 weeks at half pay. Call the office
and talk to them about it. You wont lose your job. They aren't like that.
Do the math. How many MTs do you have that (sm)
are actual OSi employees? Also, how many of those MTs are you losing on a daily basis?
there would be math! sm
Just kidding!
do the math
I have another a/c with about 30 MDs over the period of the week. No one does 20-25 reports an hour on this one either except Sat/Sun when they are doing all chest & bone x-rays.

Perhaps some day I'll work for a place where 20-25 reports an hour can be done. For all the places I've worked that would amount to 400-500 lines/hr. perhaps even 600 in some instances.

The cardiology interventional I do on one a/c often run 100+ lines. You want to take $1.75-2.00 for that? LOL. What is that, let's see 0.0175 to .02 a line. A 40-line CT @ the low end of $0.07 line comes out to $2.80. 20-line US is $1.40. Get my drift here?

Don't tell me about how good you are at shortcuts. LOL. You should be making a decent salary with a minimum of these, and should be making the big $$ for being REALLY good at this and for being a fast typist. Not a decent salary for both.
How are you doing your math?
Are you assuming 1o words per line?
Math
1000 words x .11 cpl =$110
1000 words x .10 cpl =$100

Any more questions?
Let's do the math ...
I do work for a company that pays me half a cent more per line because I am a CMT. So every 3 years I have to spend about $300 (i.e., about $100 per year) to maintain that credential. I average around 15,000 lines per pay period. Multiply that by 0.005, and I am getting an extra $75 every 2 weeks (or $1950 per year) for being a CMT. In my case, it's well worth it.
Do the math
You say you did 2 test reports in under 10 minutes?

If you do 3 reports in 10 minutes = thats a whopping 2.10 every 30 minutes or 12.60 per hour.

4 every 10 minutes is 16.80...

etc.
math anyone??
What I do know is that 22% of each report is spaces, period. So I am not sure how 54 characters equates.

Any math whizzes out there?
Someone help me with my math...

Every 10 seconds of dictation is 15 lines.  If I make 100 minutes a day for radiology at 11/cpl, how much is that in 1 day?  Or is this equation incomplete?  ugh.


Are you using new math?

If you transcribe 2000 lpd you would earn $150 at 7.5 cpl/200 lph


$150 pd x 10 days in a pay period = $1500


$1500 x 2 paychecks a month = $3000 a month (most months have 21 or 22 work days in them)


Assuming you worked 8 hours a day for 20 days in a month, your hourly rate is $18.75 for every hour worked.


I get the impression this is clinic work not acute care.  It is harder to do 2000 lpd consistently on acute care, but not so with clinic after getting accustomed to the account.  I don't know anything about this company.  I'm just making an observation.


Well, I did the math for me

I make .075 cpl.  New ISR rate for me 0.46875 (less than 5 cpl).


11001 lines at my current rate = $1045.09


11001 lines at my new ISR rate = $735.69


Net LOSS per WEEK if my production doesn't change= $309.40


Provided of course, I can even GET that many lines to type.  I can't any more.  I have NSA as I type this.  There's not enough work NOW.  No matter how fast you get at ISR, if there's no work to type, you make NADA! 


Math ??? Not correct

16 hours a day at $50 dollars an hour times 6 days equals 4800 a week times 52 weeks equals 250,000 a year.   But if you take 16 hours times 6 days x 52 weeks equals 4992 hours which if you divide that by your 100 K = $20 per hour.  Not bad.  And if you make 250,000 but only have 100,000 after taxes why work that hard for less than 50% of the pay. 


I did the math about 3 months ago and it was
a 15.5% reduction for w/o spaces - this was done on 3 reports using Word and I've been told Word counts or does not count weird things that should be counted - but I figured the same 3 reports as one large document and checked it for a 65 line with spaces, w/o spaces, refigured again on a 55  character line with and w/o for both an MT rate of pay of say 10 cpl and also on a QA line rate of say 4 cpl and it all basically came back at approximately a 15.5% reduction.   I had been told before it was 17% and it might well be 17% figured on a different line counter program  - but if you do the math over a 2 week period or however long your pay period is - this can make a significant difference!!   Good luck.
Oops! Sorry can't do math..30%

Check out this math. LOL
Did you mean $5.50 per 1,000 words? If so, 1,000 words x 5 Keystrokes = 5,000 characters. 5,000 characters/65 cpl = 76.9 lines. $5.50/76.9 = just over $.07 cpl. It seems to be on par.
My math error, sorry. sm

But it is not for me, I don't want to do 2000 lines a day, 250 lines an hour,  for 7.5/lines for $150. bucks.  Burn out.  Nobody should have to work like that to make a living not with the junk dictation.


but ya all go ahead..


No my math is fine
Actually my math is fine, been working with industry standards a long time :)

average 10 words per line
AVERAGE

and i'm no longer an MTSO. just a grunt who's happy to be one
Wow, sounds like someone's been doing their math homework.
I bet you grabbed your calculator immediately after you read her post and started punching in numbers. LOL! And you all talk about Happy OSi'er having too much time on her hands? You apparently have plenty of time on yours too. Get a life!
Correct my math if I am wrong....
I have calculated that 22% (on average) of a report is spaces (by manual count). So...if we have to cut out half of the spaces...that is an instant pay cut of 11%. OUCH!!!!!!!!!!!
Apparently they do not think we are capable of doing the math.
The math is there and it is not pretty!
I've never been good at doing the math... SM
Thanks for doing it for me.  The definitely is way too low.
Fuzzy math. A 40% cut in pay is not offset by a 40% increase

in production.  


To break even in this picture, you would have to have a much greater increase in production. IF you currently do 2000 lines a day at 8 cpl, and your new "blended" rate pays 4.8 cpl, you would have to do 3,334 lines to break even, or at least a 67% increase in production.  Do you all really think you can do it? 


 


that s/b math, didn't mean to sound ugly.
 
Augusta Medical Transcription -- help me do the math (sm)

Augusta has a job advertised $1.25/thousand characters, 65 character line including headers and footers.  So, that's equal to a little over 8 cpl -- right?  I have never seen a company state pay in such a way. 


Any math wizards out there that can help..Based on a 65 character line,

if you were not paid for spaces, what would 11 cpl (w/o) equal? It sounded good, but when I did the math it was lower than 8 cpl with spaces? I hope I'm not right.


Sorry I know people have asked this before but I couldnt remember answer.


 


I am not slow, and there is no reason to attack me. Simple math says that if you sm
can type 300 lines per hour @ 9-10 cpl versus 6.5 cpl, which place would you go?  If you cannot figure THAT one out, perhaps it is not me who is slow.
perhaps math is your problem. 375 lines/hour x 0.08 = 30.00. totally doable.
m
If you figure out the math, 135 words equals 12.5 lines a minute...sm
12.5 lines a minute equals 750 lines an hour. Anybody make that?
Also a few weeks for me sm
The real problem has not been getting used to DQS, but the fact that so many transcriptionists are doing the accounts, I may have to type from 5 or 6 different hospitals to get my lines in each day. The switching has slowed me down much more than the DQS itself.
It took 2 weeks to get an ID, but they kept following up sm
with me until it came in. They told me this upfront, so it was not a surprise. I was working out my notice at another company during that time, so it was a smooth transition for me. If you do not get something you need, call the office. They have always responded well for me and taken care of things quickly.
2 weeks' for nothing
Its hard to believe that when in the last few months we have been barely having work and we are not compensated in any way whatsoever. Just like its not your fault that the account you are to work on its not our fault that we are running out of work. I say lets give the loyal employees who keep sticking with TT through this very dry drought some kind of compensation if for nothing else than for sticking around.
Pay is ever 2 weeks
Not twice a month like most companies, doesn't seem like much of a difference but it's at least 2 more pay checks a year. Payperiods end on a Sunday and the check is in the bank the next Saturday.
i got one a few weeks ago
I got one a few weeks ago. I just told her that I had a position and only wanted radiology right now. I have also as someone else replied gotten a postcard before, I believe last year or the year before.
2 weeks

when you put in a 2 week notice, do most of the MTOS just let you go right then.......or do they let you finish out your 2 weeks?  Just curious.


It took me about three weeks,
but was well worth the wait, I love working at Keystrokes!   They treat their employees like human beings and not just a number.  I never run out of work either
2 weeks
Usually they let you finish your out your 2 weeks.

If you don't give 2 weeks...most times they mark your termination papers as not to rehire.

Hope this helps
Every 2 weeks. nm
nm
Every 2 weeks.
Works out better than twice a month.
I have only been there about 6 weeks and
there were several days where others were complaining they had multiple accounts and out of work on all of them.  Judging my the backlog reports it looks like work has picked up considerably.  They are fixing to go live with 2 more accounts so there should be plenty of work.  They don't pay for downtime though.   It seems there are always accounts that have been approved for OT though, so I guess if you want to have several backups the work is there.   So far I don't have a backup account and I'm staying busy now and even able to work OT. 
They pay every two weeks. Sm...
and you will get your paycheck on a regular schedule via direct deposit.
I'm about to take off 2 weeks plus
and I feel guilty about it. I'm both an employee for one company and an IC for another. I actually feel worse about taking off the time as an IC because my company is so good about giving me the exact amount of minutes I've committed to each day, and I know it's a hardship when an IC is gone for that long. This was scheduled and they were notified well in advance, and I probably won't take off any other time until the next vacation which I'm sure will be months if not more than a year down the road. Still, I feel guilty leaving my company in the lurch.
Every 2 weeks. nm
nm
I don't think in the last few weeks or so...


A few weeks ago most of you were saying SM
that this idea wouldn't fly and that you still wouldn't seek the credential.  Am I hearing some concern now?????
A little. I did some QA for about 2 weeks for
my 1-woman MTSO when she was trying to help out another MT on a very temporary basis.  I never would have done it otherwise and wasn't happy about it.  Anyway, the files were from Pakistan and they were atrocious.  It took me twice as long to edit them as it would have taken to just transcribe them myself in the first place because I had to listen to the whole file and not just fix glaring errors, but rewrite entire sections that were in terrible, broken English and/or they had gotten the entire phrase incorrect, changing its meaning.  It was very frustrating time-consuming work and I told her I would never do it again, not only because the quality was horrific, but because I didn't want to participate in any type of offshoring, even for a friend.
54 without spaces = 65 with spaces if you do the math nm
nm
It took me a couple of weeks...
had to get all those shortcuts in but once you get used to it, it is okay.  I always keep track of how many reports I do and I don't look at line count until I do so many.  I can get my required line count in 6 hours or less and when I first started it was a lot longer than that.  So, it does get better. 
Go for it!! I started 3 weeks ago. (sm)
They have a super training team. You get an immediate reply when you send an email to ANYONE at Medware. They are a great bunch of people and very helpful. Bonnie (recruiter) has always been there for me and I am on a team with a great Team Leader and Lead Transcriptionist.

I am on the Merit side and love it. It is an excellent program and soooo MT friendly!!
2 weeks notice?

I am considering leaving MQ.  As an IC, if I give two weeks' notice will they let me work out the two weeks, or will they just have me quit immediately?   I'm wondering if anyone has had any experience with this.  I am looking at starting with another company.  I am perfectly willing to give two weeks' notice, but at the same time I don't want them to just dump me immediately and not have any work until I start with the new company.


Did I say that clearly?? 


2 weeks' notice
I was an employee, not IC, gave my 2 weeks, had no problems with working those 2 weeks out. They asked me to stay on part-time if I could do 20 hrs, 6000 lines per pay....