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Can someone please tell me how these folks who are posting making $75-$100K working for services ...

Posted By: So Very Tired on 2007-10-06
In Reply to:

are making this kind of money? I've been in this profession for over 20 years and the MOST that I ever made in a given year was $50K working for a service and that was with loads of off-the-clock overtime.  Where I work now the majority of decent work is being offshored and the American side MT's are left with terrible work to wade through.  A 'good' check for me now would come out to the equivalent of about $10 an hour!


I can see how folks who have their own accounts could make the type of income range above, but working for a service?  What is it that the rest of you now that obviously I'm totally missing???




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I agree with this; hence, my query about how folks who say that they're working for SERVICES ...
are making this kind of money. 
and that folks was where our "mom and pop" biz that we were making the money on...have gone!!
The biggies saw the opportunity to make the money that we were...and decided we made too much, so that is the story...long and short!! The future does not look good for us, only them and the india counterparts.
All those folks care about is making MONEY.
-
anywhere specifically or just what inhouse folks in Atlanta are making?
x
Remember, there's a reason lots of these folks are working at home. nm
it's not because their interpersonal skills were just too good for the traditional office.
If U R making 40-45K/year for working half-days,
Something doesn't add up.
my friend just finished her BSN 2 years ago, working 32 hr/week making $60K with benefits nm
x
I have 13 years experience and just started a hospital job working from home making $16 an hour

and with a really good incentive plan.  I live in the Kansas City area.  $10 seems like a low starting point even with only two years experience which is the usual benchmark for hospital MT jobs. 


It's been my experience that the low end of the pay scale for hospital employed MTs was around $12 an hour.  Also, it's been my experience that the pay offered is usually based on years of experience and how well you perform on the transcription test.


I would say if their pay is that low, they should at least be making it up with incentive and it doesn't sound like they are.


JMO


100K
I agree!
I could only wish
Are you saying that you earn 100k
NM
I would say if you have to make $100k at something
Yes, there might come a day where you could make that money in MT. However, it's not going to happen overnight and certainly not at 8 cpl.
100K is pretty much out of the question
Assuming you work 40 hours, which is 2112 hours per year, divided into 100K is over $47 per hour.  You would have to type 580+ lines per hour to average this,  which is not likely.     
100K was mentioned in post below
by "Pollster".
Now you know why a lot of chefs make $75,000-100k a year!

It will be interesting to see the final episode tonight. 


Right. You would have to be sicko to make $100K a year on 8 cpl.
x
Heck, why should we share our $100K ideas?! ROFL
You want big bucks? Do big amounts of work!!!!!!


sure i was. i'm making fun of the people who are making a case for background checks, etc
to do medical transcription at home as if they may do something AWFUL with the info they receive. So if you want an invasion of privacy let's REALLY invade it and make sure fat chicks don't transcribe because they are so busy eating they can't get the work done, they mess up the keyboard with food and if they are provided health insurance they will raise the rates for the company sky high because their health risks are higher than others. Then there are the psychological issues overweight people bring to the table. After we eliminate fat people, we can go on to eliminate diabetic people who may have low blood sugar while typing and go into a spell and type the wrong thing. I could go on and on through the process of elimination. How about prescribed medications that may cloud your thinking? So you take Ambien to sleep but you have an Ambien groggy hangover when you are transcribing? Should they transcribe. How about your teens are on your last nerves and you take a Xanax? Should you be allowed to transcribe?
Not to flame but every day there's posting after posting about how awful MQ is

Why does anyone still work there?


I don't get it.



You realize by doing that they're making more money & you're making less? You should reconsid

Where are the services that pay 11.5?
I have 18 years of experience, and the most I've been offered is 9 cpl and that's jumping through hoops.  11.5 for a company is just not the norm, sorry!
HIM/services will get you any way they can!

Howwouldtheyliketoreadareportjustlikethisandcodeasfastorbill? Maybe we can charge "air time" for all those times the docs leave us hanging while they figure out what they are going to say.


services
Carol, I have never worked for an on-line service but was thinking of switching. I'm tired of getting screwed by the hospital and cheated on line counts. Which services are you speaking of.
Services
Services Provided as Key Activity of the Business

If a worker provides services that are a key aspect of the business, it is more likely that the business will have the right to direct and control his or her activities. For example, if a law firm hires an attorney, it is likely that it will present the attorney’s work as its own and would have the right to control or direct that work. This would indicate an employer-employee relationship.

Does this mean I am not an IC because my company presents my work as its own and they tell me what platform I have to use?
You keep saying they tried other services?
Why did they try other services if they were so happy with you? Maybe they keep coming back, but one day they may not...
I think this happens a lot. Usually, the folks
Some of you people are basketcases.
I wonder why there are so many folks
compose an email that is not riddled with misspelled and misused words? I get emails everyday from a workflow coordinator who leaves the letters 'ed' or 'd' off of almost every word that should have it...Example: "The work has -increse- in the last few days." -incomplete sentences, missisng commas, etc.

It's ridiculous. I have managers who send out poorly composed emails as well. Unbelievable!
You might want to try these folks
I don't know if you've found anything yet, but you might want to try a company called Transcription Matchmaker. They found me a job a year ago when all I had was dial up. They find out what your requirements/specialties are and then match you with a company that best fits you. I've now been with the same company they found for me 10 months ago and I am happy with my job. I hope they can help you.
So now we know, folks, why so many MTs - sm
never get so much as a response when they apply for the literally THOUSANDS of MT jobs we see online every single day.

YouTube is not only a fun and entertaining website, it is also proving to be an amazingly POWERFUL TOOL, and I think that power has only just begun to be tapped.

Now there is one way to get the word out about MT. If you have the capabilities to make YouTube video (or your kids do), the word about fraud, ID theft, & American job loss can be spread.
IC folks

Hey there all you Indepedent contractor folks.  Just want to take a quick poll and see if you are happy being independent.  I am thinking of the making the jump over from employee to IC.  Just want to see and get a quick glance and see if you are happy or not so happy with being IC. 


 


 


Welcome! I like seeing new folks here
it's great to get some fresh perspectives or see how MTs in the business are doing.
What extra services...
I was wondering if any of you MTSOs, or MTs that work for an MTSO, offer any extra services to your clients? For example, do you do their envelopes and labels as well? Or anything else? Keeping in mind that you are not in the same town and that your employees are not in the office or even same state as you, lol. Thanks for any suggestions!

curious
Yes, small services (sm)

used to pay 11 cpl IC, have now sold out to squids who in turn pay 7-8 cpl.


And services left average 8 cpl, if you're really experienced you'll get 10 or 11 and get such bad dictation you'll get a headache you'll never forget. 


ICs can work for services, as well. nm
nm
Funeral services
I agree. I personally did not attend my first funeral until I was in my mid 20s, even when my beloved grandmother died, it was her wish that we "kids" not attent (age 12 at the time). I have never forced my own son to attend as a child either. I now feel obligated to attend services for husband's family, etc but always dread the whole ordeal, even for just a distant relative, etc. Grateful that my parents also will not be having formal services, just simple cremation. You must do what YOU feel is right for your child and your own situation.
armed services
My sone joined the Navy in his junior year of college. He went in as an officer. They finished paying his college and then sent him for Officers training. He is now teaching nucler physics for them for 4 years and go do something else in the Navy after 4 years to do anything he wants.
Did you get a contract for your services?????
If so check your contract.

if not

Are they normals he supplied you?? If not then are they YOUR MACROS???? If they are then I would think they would be your property. Did he pay for your ShortHand or Office programs or even your spellchecker????? Did he furnish your computer?????

If your answer is repeatedly no then perhaps you should tell him NO money No macros.

Just my humble opinion.
And then company has right to not use services
x
Not being paid for IC services

What steps can I take to collect payment for my services as an IC?  Company is ignoring me.  The only thing I can think of is to file a complaint with the Better Business Bureau.  Hiring a lawyer wouldn't be worth it.  Thanks.


Transcend Services

Thanks so much for the information. 


 


When you market your services with a
business name and a business license, it shows the doctors or hospitals that you are representing yourself as a professional business and are not just a homemaker or housewife trying to make a few extra bucks. They will treat you with more respect and take you more seriously, and in turn will be willing to pay you a fair rate as a respectable businesswoman. Think about any business in your community or town. They all first procure a business name and a business license before they open their doors. You may be working from home, but you can will present yourself in this fashion. I would also suggest obtaining a P.O. Box to use as your business address instead of using your home address. Believe me, this works. I have been running a successful small MT business from home for over 20 years now, and I support my entire family on my earnings.
No, these services have not cleared
it with their legal staff. If they did, they would not be advertising IC status and flexible schedules, then presenting a contract that requires Tuesday through Saturday, set hours, or Sunday thru Thursday, set hours. No, no one has to accept a contract, and I certainly would not under those conditions. I bet there are a lot of MTs though who need jobs, don't know the law, and who are willing to accept a contract under those conditions. However, it is ILLEGAL under IRS guidelines. If the national MTSOs have consulted their attorneys, then pray tell why are they hiring ICs, controlling their schedules? Under those circumstances, they are considered employees under the law, and these large nationals KNOW IT. I'd fire my attorney if I was told it was okay to operate under the screen of IRS detection. No, you do not have to shy away from services and find your own accounts. Get real. I subcontract to MTSOs, albeit smaller ones, as an IC, and do not have my own accounts. Right now, I am under contract to only 1, and I am not breaking any IRS laws in doing so.
MRT Services - anyone familiar with them?
Anyone ever heard of MRT Services? I saw them online. Please provide feedback.
Gmrtranscription Services

Good morning,


Has anyone heard of Gmrtranscription Services or Verilogue?


I am testing for a home position and I am curious about their reputation.


They transcribe physician/client interactions for medical marketing research.


Any advice is appreciated.


Kymee


I didn't say they tried other services after

Yep, I know they've used Medquist, MRC, Medifax (long time ago - don't think it's the same Medifax that I think is in existence now) and some local services I won't name because they'd be identifiable by their names.  How do I know this?  I knew about it before I even went on my own; in fact, that's one of the reasons I did it.  I saw a need for QUALITY transcription, not the crap that was coming back from services, and I knew i coulld provide that.  Also, I have contacts in the HIM world who told me by name the services they used and what poor quality/turnaround time they were getting. 


Transcend services
Has anyone heard of Transcend Services? Is this a good company to work for? I need to find a dependable reliable national co to work for.  Thanks for any advice
You are so right. Our pay goes down from same folks who are charging us more when we

Right now McDonald's in our town starts employees at $8/hour and pays benefits and some school benefits.


I have worked 30 years in transcription and make less now than I did in 1985.  That's 20 years ago.  I know more and earn less.  In fact I am a fraction above poverty level.


If you don't think MQ is getting ready to take us all below poverty level right down there with Mexico City, just hide and watch.  Or rather, sit here and think you are with a "good" company.  I didn't, because they are making millions in profit off your hard work and not sharing a penny of it with you. 


In the old days an employer spread the wealth of the company with the employees who made it happen.  This group has never heard of the concept.


Those City folks

I can really relate to your situation and wanted to tell you this story. 


I live at the base of a mountain.  There is an RV place out here and every winter the hunters camp and .....leave aggrevation everywhere (garbage).


Yesterday i drove the 15 miles to town to the post office where they know everyone by name.  I was packaging my book to mail and was listening to this conversation:  A gentleman handed a change of address form to the Postmaster. He says," You just moved in that new house on the hill last fall.  Is everything okay"? 


Naturally everyone looks that direction.  The gentleman says " We don't like that housing developement on the hill.  There is way too much snow".


Continuing with his story:  My wife had the kids were in the SUV and the road was covered with snow and ice. (duh, it is all winter long).  She had to stop because of the herd of Elk standing on the hill in the middle of the road.  She slid back down the hill and wouldn't drive up again until I came home from work".


So i have asked my husband for a snow maker!!!!!! Maybe they will all move back to the city.  At the base of this hill, a herd of Elk always graze in the field.  There have been many occassions i drive the grandkids that direction to watch.  The 3-year-old asks to me take him to see the funny cows.


So if anyone has a spare Snowmaker please send it to me.....I would love to drive the rest of the city folk out of there!!  


The world needs more folks like you 2...
You both just added a big ole jewel to your crowns in Heaven...you're awesome!!! Congratulations...the best of luck and much, much happiness in your marriage...
That's more than my folks did, or my husbands.

I think that you thinking you "put yourself through college" when your parents were paying your tuition and rent kind of says this is the pot calling the kettle black. 


 


Golly, some folks just have to have the last
word, 'eh? I've been following this thread and just waiting for someone to blame the dog owner for the dog nails, or even the dog!! Unreal!
A lot of folks are complaining about MT pay
and not being able to make enough money. I personally don't think the problem lies so much with how many cpl we get, but the fact that we have to transcribe dictators who obviously have no regard for the person doing the transcription. They seem to think it quite proper to eat, chew gum, have a conversation with someone in the background, lay the mic down and dictate or speaker phone, dictate on a cell phone, in a crowded room, and a host of other things that make transcription very, very difficult. When you throw in a whole slew of ESLs, there goes your money.