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There is one thing no amount of money will ever buy ......

Posted By: and that is CLASS. (Of which MTSO2 has NONE). on 2008-07-25
In Reply to: Amen! - kendra

But... then again, that pretty much goes without saying.


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For ANY amount of money

nm


You're not. VR = same amount of time for less money.
x
I am curious about the amount of money I am making at this time. I make around $700 every week and
I am wondering if this is average or if I am selling myself short as an IC.
The knowledge thing is right on the money
I never went over to using the so called hot keys, made it this long without so no use in using now. How you like it when they say newbies only like? I think the ones protesting so much don’t want to give up their templates, all their Expanders because then they might have to think about what they are reading and make corrections. Yeh for VR.
Point well taken. Money can be a good thing....
If you don't get caught up in trying to buy happiness...
Most companies going to VR, so not just a TT thing. -- more money in their pockets, less in ours.

Regretfully true, but there is NO WAY an MT can earn as much doing editing because you can't make twice as much for a long time after the machine gets to understanding the doctor.  DocQScribe's editing platform is the only one that I have seen that was MT-friendly.  Great money to be made on that platform, but as with all editing platforms, another new doctor comes onboard and the machine has to get to know his voice, so another slow down in editing. 


It is definitely NOT a gain to the MT.  Why do you think these companies would be changing over to VR/editing ????


FUNNIEST THING..they all think you're making all this big money (LMAO) -nm

About money, line rate is one thing, but hourly figures are another sm
Traditional: 8.5 cents per line. Top out at 225. $19.25 an hour.

Speech: 4.5 cents per line. Top out at 500. $22.50 an hour.

I split between the two and right now, that is running $700 a week or $36K a year. Not a huge salary, I know, but more than I made 10 years ago.

Could I push harder? Sure, but I don't need the money because I have structured my life so that I only need 1/2 my income to live on and I live alone. I like the part about not being exhausted on my days off, about being able to give up a terrible PT job, and having time to paint AND be able to have expensive, high-quality art supplies.

I am happy as a clam and I do not think that VR will take my job!!!! My only worry right now is that my painting is taking off with art shows, commissions and internet sales. I won't be able to work full time as an MT if this keeps up, and I know it will. I love being an MT and when it ends in favor of my artwork, I will be joyous over one and very much saddened over the other. It is and has been a wonderful career for me.


About money, line rate is one thing, but hourly figures are another sm
Traditional: 8.5 cents per line. Top out at 225. $19.25 an hour.

Speech: 4.5 cents per line. Top out at 500. $22.50 an hour.

I split between the two and right now, that is running $700 a week or $36K a year. Not a huge salary, I know, but more than I made 10 years ago.

Could I push harder? Sure, but I don't need the money because I have structured my life so that I only need 1/2 my income to live on and I live alone. I like the part about not being exhausted on my days off, about being able to give up a terrible PT job, and having time to paint AND be able to have expensive, high-quality art supplies.

I am happy as a clam and I do not think that VR will take my job!!!! My only worry right now is that my painting is taking off with art shows, commissions and internet sales. I won't be able to work full time as an MT if this keeps up, and I know it will. I love being an MT and when it ends in favor of my artwork, I will be joyous over one and very much saddened over the other. It is and has been a wonderful career for me.


Amherst so we make less money and they get more money for MQ and bigger bonuses. Our guidelines came
from Amherst.
The company takes the money out of your salary, before they cut the check. It is your earned money,
:+
It's about "money, money, money, mmmoonnney. Singing The Apprentice song.
:{
yep, gotta spend money to make money. NM
.
So does yours. Perhaps you need a basic money class to learn to keep money. sm
I am off today and appalled at reading the posts on here.

Are you always this bitter? Do you have a family and friends who are safe and healthy? Count your blessings instead of being so angry and you might see that this is not a bad field to be in. It has kept food on my table for 27 years and will continue to do so. Is it harder now? You bet, but it is not impossible to make a good living of $50,000. You just have to work hard, give it your all and appreciate the good companies that are out there.

If I were an MTSO, I would find out who all these people posting such bitter posts are and find replacements for them a.s.a.p. Negativity spreads like poison, and with the world in the state it is, we should bond together not make it worse.
Money is not the root of all evil, the LOVE of money is. nm
x
Just the right amount here...sm
I get the hours I am scheduled for. I've been there a few months now. Going fine. Off of OT finally but not running out.
Could you disclose the amount....sm
you were paid?  How long ago was this that you didn't have enough work?  Also, were you full or part time and what were your report total requirements per pay period?  TIA
Not only do they pay late, the amount of the
checks are incorrect and it takes forever to resolve the issue with accounting.  I even talked with the owner of the company a couple of times because of incorrect and/or late paychecks.  Nothing ever changed, so I left.  Beware!
The amount of tax you withhold should
be what tax bracket you are in. If you are in the 15% bracket only hold back 15%.

There are pros and cons on both sides. You just have to find the fit that works for you.
Sorry, but would not put up with that crap for any amount of $$$
nm
Well that's a decent amount of $
NOT to walk away from. Depending on how much you need it though I would still consider not taking it... and not signing.

Then you are completely free to do anything u want without any worry.

If you need the money, however, you appear to have little risk with this contract being prevailed upon in court.

I'd say you don't really need to 'panic' anymore - :) you'll be OK with either choice.

Good luck.




I also just registered the amount of
$1K to $3K is not worth it to give up your career. Forget about it! File for unemployment, which I'm sure you did, and hang in there for a few weeks until you get your first check. But to sell out your potential future career for a few grand? No way! And its still something I would not want to mess with in a million years, as there is a lot of -- stuff -- going on with your ex-company, accounts/clients, etc.
Maybe someone who knows a fair amount about
x
It is a taxable amount.
nm
What amount are you talking
about?
You got a reasonable amount sm
from what I've seen for raises - a full half-cent would be great, but it's hard to give that to deserving MTs when companies can't get hospitals or clients to pay more.

I definitely have sympathy but I'm afraid that you were lucky to get anything at all, unfortunately. I wouldn't feel insulted - I'd be grateful that they were even able to grant a small raise in these tough economic times.

I'd advise you to try again when the economy picks up.
Not that the amount isn't an insult or anything, but
the fact that you got anything more at ALL is pretty unusual, with the current state of affairs in MT. Wages have been steadily declining over the past 10-15 years, and many of us have been getting even further pay cuts recently.

I hear ya on the amount, though. .09 cpl might have been good in 1980, but this is 2009. Although lately, it feels more like 1930.
Every company is going to have some amount of ESLs
/
Figuring amount for pay per minute
Does anyone know how to charge by the minute of dictation? I only know rates for by the line.
Ty
IC means they cannot tell you WHEN to do the work, only X amount
Otherwise by IRS definition you ARE an employee. I have been seeing a lot of ads lately where companies want ICs for particular hours, and I can't believe people fall for that. The definition of IC versus employee is simple: Who has control? If you have control, you are IC. If the company has control, you are an employee.
Not from me. I need that amount to pay for a bad shopping habit :)
My DH pays the bills, I pay the extras. He's lucky I like a lot of extras and don't like to cook!
Thanks. Do they have good amount of work?
Is the payment on time?
Guaranteed amount of work!

With all of these people complaining about no work at this company and no work at that company, I'd have to say guaranteed work is a load of you know what!!!!  Also, you can pay your own social security.  The employer is making money off of your withholdings.   Hello?  Does anyone here think that it is probably better to owe the IRS at the end of the year and keep your money and invest it yourself, rather than let the IRS have your money for a year to make money off of your money just so you can have a refund?  Grow up and save your own money! 


Are these companies paying for downtime when the dictating physicians are on vacation, and there is not enough work to go around?  Doubt it!!! 


To the OP:  You'd be better off as an IC and pay your own insurance!


1099 Form amount
Isn't the amount $600.00? If you make that amount or more then you must be sent a 1099 form? I do have records of all of my earnings that I made last year. I made a little over $3,000.00 with this company. It was not that much, but enough to report in.
A company might require a certain amount of
lines, but may require a certain amount of minutes, which pretty much equates to the same thing.  The last 2 companies I have worked for required 1200 lpd for FT work, but I have seen some companies only require 800 - though I think that is IC and not employee. 
Did QA for $20 an hour 5 years ago and will never do it again for any amount! sm
For one thing, I can make more transcribing with a LOT less frustration.  It gets old fast seeing work that is pure garbage turned out by American MTs day in and day out.  It is not only the offshore MTs producing garbage work, trust me.  Companies also cycle through people fairly quickly due to them not meeting the QA standards, line requirements, whatever the reason, and correcting reports with dozens of blanks for various reasons is tedious.  I found it far more exhausting than I ever did transcribing the worst ESL docs.  Just something to keep in mind.  The grass is not always greener on the other side of the fence! 
My family coverage amount
I work for Axolotl and our insurance just changed at the beginning of the year, but I pay 134.00 every 2 weeks for mine. It's Aetna PPO insurance. I have coverage for myself, son and husband.
Paying same amount for VR and straight?
You apparently must have just started on VR then. I know of no company who pays the same for those 2. I know at first the hospital where I worked said pay was the same until and the until did not last that long. VR was almost immediately into play.
All those facilities amount to 1127 sm

actual beds (the size of 1 large teaching hospital), clinic work, a rehab center with 40 beds and an imaging center.


The list of facilities sounds impressive, but does not amount to the number of accounts we have lost and will lose over the next few months.


The way W overhires, this account will be like all others, everyone fighting for some work.


I do have a job a reasonable amount of work
with good pay.  I just haven't worked for this low of pay in many years.  It averages about $10.00 an hour when all said and done, and I didn't know if that is a waste of my time, or get more work at my other job for more money.  It seems the latter one is better, but in this day and age, I always think 2 jobs are more secure just in case one gets low on work.  What would you do in this case?  It is an IC position. 
Exactly. If pay is suffiecient for amount of work you
x
How are you privy to know amount she was sued for?
I might be wrong, and I keep up with these posts and never saw before the $$$ amount GP was sued for. Very interesting- sounds almost like she could have written this.
Yes they pay for spaces and average amount of ESLs. NM
x
I have worked in another industry and made twice the amount - but it
didn't last long, about two years. sssiiiiggghhh!
MDI-FL is advertising top line rates. Anyone know what amount that is? nm
:
Mine also can't seem to get the amount right and it is always the bank's fault. sm
right!
My account seems to have an adequate amount of work so far....SM
so that hasn't been a problem.  I guess it might be just me. 
You are assigned "x" amount of minutes every day, you work that out between the
two of you. IC status. Pay is on time every two weeks, but there is a long wait before you get your first check. After that, it's smooth sailing.
Does TransHealth have a high amount of ESLs? nm
nm
Webmedx has a HUGE amount of ELS dictators. sm
They are a good company to work for but LOTS of ESLs.  Good benefits.
I would think it is a certain amount of hours or lines a DAY. But not employee, so can't say
:+