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Quarterly bonuses

Posted By: Curious on 2005-09-08
In Reply to: I was told 6000 lines for 2 weeks when I hired - New MQMT

Are the quarterly bonuses still being offered for SE's and what about the SE's who have been here for years??


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SE's still get quarterly bonuses
I still get quarterly bonuses as an SE..I also have gotten extra for tier work.  I dont know what that is all about, I havent asked (dont like dealing with the office much)..What I think, however, is as a part timer, if I do more than 6,000 lines/pay period, I guess I move to a higher tier.  I got approximately $30.00 extra a few pay checks ago.  It was listed on my pay stub.
How do the Proscript quarterly bonuses work? nm
xxx
You don't have to pay quarterly though, you can pay
yearly, that's all I ever did as an IC anyway. I guess if you do it yearly you have to cough up more at one time.
Quarterly taxes
I think you just have to make up the difference come tax time. When I called H&R Block, they said the easiest way is to estimate your income and make 25% quarterly payments. So, that is what I will do. Your tax preparer can provide you with a quarterly schedule with dates and amounts, as well as remittance slips and addressed envelopes to make your payments.

HTH - K
I have never paid quarterly
Just pay on April 15th
Quarterly taxes are not always

an option. Sometimes they are a requirement. You should check with an accountant, but I had a personal experience during my early years of statutory employment status with MQ whereby I did not pay estimated quarterly taxes. Because of some legality, I ended up paying a penalty because according to the IRS I should have been able to predict that my estimated taxes were going to be more than the previous year and therefore I should have paid them ahead.


Again, check with your accountant on that, but I would strongly advise estimated quarterly tax payments.


Quarterly works best.
Take a look at what you paid last year per month, double it and total that and then divide that into 4 quarters and send it to the IRS so that you will have tax credits for your IC status at the end of the year.  Call any accounting firm or look on the IRS website for the form.  Estimated quartery payments.  If not you will owe a boatload at the end of the year.  Worst that happens is you get money back!
I understand that, we put in 40 percent quarterly and still had to pay

We dont end up paying for state or federal when we do it and I am an employee.. EVEN putting in 40% quarterly as an IC and taking out the deductions, we still owe.


I am saying - it doesnt work out well for *us*. 


Are you paying quarterly taxes? nm
xx
If you're self-employed and don't pay quarterly,
xx
Would recommend paying quarterly, if
you owe too much at the end of the year there can be penalities. When I was just an IC, I set back about 25% of each check to handle my taxes. Now I work FT as an employee and have an IC and just have extra taxes withheld, so do not pay quarterly.
nice quarterly bonus makes up a lot
with Alltype. What you get offered for pay is how well you did on the test and what shift you plan to work.
quarterly bonus from company pool?

Anyone here work for a company that offers a quarterly bonus that comes from a pool set aside by the company and the transcribers who qualify for the bonus, split it at the end of the quarter?  Just wondering, if any, are you bonus checks worth the hassle?  Are they decent checks?  Thanks for all replies.


 


NO BONUSES
X
Bonuses
You missed the point completely. This is a profitable MT service with over 600+ MTs. There is nothing thoughtful at all about sending an item that cost less than $4 (no exageration on that figure by the way), with no letter of recognition, no Happy Holidays, no nothing. It certainly sent a message to me of how much they valued the job I did this year for them. Furthermore I have gotten very inexpensive gifts in the past from both large and smaller MTSOs that were not expensive but thoughtful and totally appreciated, so please do not interpret this strictly as a money issue.
Bonuses
One very nice bonus from some local docs I take care of. One extremely tacky cheap bonus from my main employer. While I don't think anything is owed, and did not even expect anything, I am struggling with the fact that this was absolutely insulting.
bonuses
Once in a blue moon they will offer a bonus if an account is in severe backlog, but no regular incentive bonuses. They already pay pretty well, so I'm not too concerned about production bonuses.
Why would they pay bonuses when they don't pay OT?
 
Bonuses
Too many people such as you tend to feel they are ENTITLED to a bonus no matter what the economy is. You should be very thankful that you even have a job (even one you complain about at every opportunity) when so many people are so much less fortunate than yourself.
6-8.5 cpl. Don't know about bonuses or benefits. nm
s
Signon bonuses
I agree. There are so many MTs flooding the marketplace, they do not need to offer bonuses. (Sadly enough.)
SIGN-ON BONUSES
Not all companies that offer a sign-on bonus are bad news. Typically a company will offer a sign-on bonus if they are looking to fill positions quickly. A lot of times, this is interlinked with a new client/account go-live. The company wants to make sure they have enough MTs for the go-live. A sign-on bonus also draws more MTs to apply.
Thx. Do they have incentive or bonuses?
nm
Where did you read that about bonuses? nm
nm
More TransTech bonuses
More Transtech bonuses: If less than 10% of reports goes to QA, you get 1/4 cent to line 1.

Also - shift differential & weekend differential to line 1.
MDI Maryland -- Bonuses?
It was my understanding that MDI does not have production incentives or bonuses. However, when I looked at their website it says this:

. . . And we show it to you through appreciation, excellent pay, bonuses and, more importantly, respect for your work.

Does any MDI MT have any info concerning the bonuses? I would appreciate it.
Saying that bonuses for quality sm

and production along with working what are for a lot of people unpopular shifts should not be making up for not being paid for headers/footers if the MT is doing the work to get that information.


A bonus paid for other things (not sending to QA, working midnights or reaching very high line counts while doing the other 2 things) should not be replacing pay lost, it should be IN ADDITION.


No bonuses that I'm aware of - s/m
Only been there a couple of months, though.  Schedule:  You pick either a Sun-Thu or Tue-Sat schedule.  You have a 24-hour window to make your daily line count.  Minimum required line count is 700 lpd.  Need a day off - just tell your supervisor.
Sign on bonuses
I got a job with WebmedX with a $250.00 sign on bonus.  Then, they charged me $250.00 to use their equipment.  I quit 2 months later.  So much for the sign on bonus.  Anyone actually get one? 
Sign on bonuses
How do sign on bonuses work?  Has anyone ever received one?  I have seen a couple of companies say a $500 sign on bonus and was wondering, do you get this when you start or after you have been there a designated amount of time?  Was just curious.  TIA.
Shall we bet these managers are getting a bonus to do this. I bet so. Wonder how many bonuses they
will get when everyone quits or they lose all the accounts. Do you think these managers ever did transcription. Give me a break.
Anyone notice there seem to be less sign on bonuses out there? (sm)

I am assuming (and we all know what happens when we assume) that this is because so many of the MQ people are out looking to change jobs that the companies feel like they don't have to work so hard to attract people. 


 



 


Any Christmas gifts/bonuses from...
Any Christmas bonuses or gifts from Futurenet Technology?
Referral bonuses not paid - that's NOT RIGHT. nm
Not right at all.
spheris incentives and bonuses.....
When I worked there, they did not offer actual monetary bonuses or incentives. I did get a drop in pay from $12.50 an hour to $10.50 an hour and never understood that one, especially being a four-star quality employee. BUT...when I worked there, they did, especially around Christmas and New Year's, offer such things as Home Depot cards, etc. It was almost like having your name drawn out of a hat or playing the lottery. If you were online when they were ready to pick a winner, you just might win that card. I won many, many times..very easy (and fun). They used to pay for spaces, but I don't remember them paying for headers and footers. Base pay was not that great and never a raise. I got the raise when they were Edix, but they dropped me back when it became Spheris. Hope that helps.
I get it. The MTs should give our MTSOs bonuses!
Ho! Ho! Ho! I feel so bad for ya.
I've been forgotten again. Oh, well. Too bad these bonuses

incentives, beach parties,  and whatever else is going on at Transcend/MDI are only for their favorites.  The only way we know about them is a message with the backlogs saying what a great incentive party they had the day before. 


If they are going to reward their pets they need to keep it hush-hush when talking about it after the fact.   So much for MT appreciation - a broken coffee cup and a calendar and a hint that you are not good enough to participate in their fun things.   


 


 


MDI incentive holiday bonuses
Hi All,
I just want to set the record straight. Please read the e-mails from your TL or ROM concerning this.

We do have an incentive holiday bonus and I am very sorry that a lot of you on this post are not aware of it.

If anyone wants a copy of the e-mail please contact Deb or myself at Deb@medicaldictation.com or Liz@medicaldictation.com and we will be happy to resend it.

Those of you who know me, know that we truly value all of our MTs. We have no pets, although MTs on different platforms with different ROMs will get different e-mails about beach parties, etc. I will address this with the ROMs, cause it was a great idea by one of our ROMs.

I hope this clears up things. For the MT with the broken coffee cup, please let me know and we will re-send it.

MDI/Transcend knows that without our MTs MDI would not be in existence. We are very appreciative of all you do and how hard you guys work. You have to remember that Sue and I are MTs also.

Please e-mail me or call me if you want to talk.

Thanks a lot,
Liz


Does TransTech give bonuses or anything??
I got a strange deposit in my bank account and I can't figure out where it came from. My paycheck from them is in there and then there is a separate deposit from somewhere. Just maybe fantasizing that it might be a bonus? Anyone know? Or am I just dreaming.
They give QA bonuses also, but it would be on the same check.
nm
Why would Transtech give QA and not MT bonuses? ? ? ??? ? n/m

I guess it is because of so many new MT's coming and going.


bonsues = bonuses (only a typo, QA) nm
tt2
They give QA bonuses also, but it would be on the same check.

look at the post below this string by TT2.


Any bonuses, days off first year?
Seems like a long time with NO days off for PTO or holidays, sick time, etc. Any life insurance or disability? THANKS SO MUCH!
Sign on bonuses-What's the catch?
Hi.  When a company offers something like a $1000 sign-on bonus in one of their classified ads, what conditions do MTs usually have to meet to actually qualify for just such a bonus, and if those conditions are met, how long does the MT usually have to wait for the bonus?  I am personally not looking for a new job right now, but when I see those adds, I ALWAYS think - Yeah, right, what's the catch?
Do they offer production bonuses? nm
x
There are no formal bonuses but there are other items to consider. sm
In the 3 years that I have been with Keystrokes, I have received gift cards for helping out during busy times/emergencies.

I get a gift each year for MT Week.

I rarely run low on work.

I have one main account and a back-up account.

My manager knows who I am.

My pay is on time and correct every time.

My W2 has been 30% higher than it was at MQ because of all of the above.
Not true. Bonuses and incentives do exist
and are paid out on time as earned. Have never had any mess-up on my per check incentives nor my quarterly bonuses.
They must be advertising increased referral bonuses again.

They don't offer sign-on or referral bonuses-SM

As far as the mixed messages you are getting on whether it is a good place to work, I think that if you know what you're doing (I mean really know and not just think you have XX years' experience and so that means you are great) you would have a good time working for this company.


If you have really limited experience as far as types of dictators/type of work and can't do ESL, it isn't the place for you.


Any companies out there give birthday bonuses or anything? sm
My birthday is right around the corner and I would love to know how many companies out there take the time out to remember our birthdays.  I understand that these companies might have many, many employess or ICs, but we are not just a number...or are we? Just curious to find out the good companies out there...