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Serving Over 20,000 US Medical Transcriptionists

How about..in variation of hrly salary, commense at $10.00 for first year up to 10, then

Posted By: giddy pc guru on 2008-05-15
In Reply to: Do you just ever want to scream - ermt

for every year of service thereafter, by years served. If you've got over 25 yrs of service....like many of us do....maybe 'things' wouldn't look so bleak to any of us.??
Please let me know your thoughts.
Some thing HAS to change. Someway, somehow.


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$20,000 is what, the average of one transcriptionist's salary for the year?

Meanwhile, MQ had revenue of $486.2 million in 2002, and MQ's top six people earned over $2 million between them that year.  I don't have time to find more current data, but $20,000 is peanuts to that company.  Oh, that means the average MQMT works for peanuts.  Ironic, isn't it?


http://swz.salary.com/execcomp/layouthtmls/excl_companyreport_C1002544_tcc.html


 


$72 is not their salary, it is their salary and benefits package
including wages,insurance, retirement pension, COLA fund, etc.
Mine are in year-round thank goodness! They've started their new year 2 months ago.
x
salary
60,000+ last year
salary
Two years go, I made $67,000.00.  Last year approximately $40,000.00 but I had an illness to deal with and Im still dealing with it, so probably this year, the best I will make is $25,000.00.  However, Im feeling stronger, my illness is getting under control so Im aiming for next year at least $50,000.00.
salary
@.10/line I average $45,000 to 53,000 depending on how many days per week I work.
Salary
I charge $60 per audio hour or $1 per minute for my general transcription work and understand this to be the going rate. There is plenty of work out there but it is not easy to find. I am currently enrolled in a good MT program, but am going to keep doing my general work on the side even after I get work as an MT, because it really concerns me that some MTSOs hire people whom they do not fully employ. It seems like a lot of MTs post here and elsewhere that they don't get enough work to do. How can anyone project their income if they don't know if they will get any work to do or not?
salary
Worked in rural hospital at low end of #1 for 6 six years.
MT salary
What is the average salary of someone starting out being a MT, and what type of raises do you get. Is it a good career for someone young to get into?
MT salary

Greeting everyone!


There was a recent post form someone inquiring about salary etc. Many replied you may even start below minimum wage. I can confirm that because that is what I am making.  I am not complaining........few expenses involved and my family situation forces me to be home, which I am blessed to be able to do.  The company I am with has also been great up until this point but now getting stricter. (Do not blame them.)


How long does it usually take to get up to say 150 lph? On pirmary account dictators are the same. On secondary acoout you may get dermatology, ortho, psych, neuro, OB etc. Enjoy the variety but hard to develop speed.


 


Thanks for any and all advice!


My salary PT...
I work 7 days a week... part time during the week and full time/on call on the weekends. At that I make about $400 every two weeks from my job during the week and $200 a weekend from the hospital I cover for. So about $1600 a month I guess.

I signed on part time because I plan on going back to school in January and I wasn't sure if they would let me drop down to PT if I started FT. Plus I can always work more if needed to make extra, just no benefits. But hopefully hubby will hear good news next week and we will get state benefits and I can go to the doctor finally! :-D

If I worked FT at my company I would probably make around $700 every two weeks so that would be $2200 a month with the other place. Hope this helps!

(I thank God that I live in an area that is dirt cheap for mortgage, etc!)
Salary ... sm
The point of a salaried position is to compensate for a job that does have a fair amount of extended hours. The salary takes into account a certain amount of overtime - that is why salaries are usually higher than what you would make with just an hourly wage or production rate.

At the same time, you'll also be paid that same amount even if you just work 8 hours a day.

No doubt, you will have some longer workweeks. However, having worked on salary, it is a nice relief to know exactly how much will be in the bank every single time.

If you really are not wanting to work more than 8 hours a day, you'll be quickly looking for another job.


Salary
How does anyone expect a person to survive on $20,000 a year (rent, food, utilities, etc.), not to mention if you are head of household with children? This is really shameful. It is almost as though they are trying to force American Transcriptionist out of the market.
Union diesil mechanic - good pay, great benefits. We swap year to year on who brings home more sm
money.....but I am an IC and he has all the benefits...health insurance/dental that the company pays for, pension plan, 401k, etc.  Factor all of that in and he makes way more than I do.
and we do pay their salary so who needs their approval. They need ours.
I would love to subject managers/supervisors to QA and have their salary based upon their performance.   Which begs the question, what do supervisors do all day but generate e-mails?  We do the hard work to bring money into the company so a supervisor can e-mail us and what else?
are you paid salary?
nm
isn't salary taboo to ask someone
x
salary taboo?
Most people on this board are using an alias.  If you post your annual salary -nobody knows who you are. People are all over this board bashing transcription companies and naming names, yet when you ask for salary info they have nothing to say.
Yeah right, on this salary? :)
I wish.
The beginning salary for (sm)
a GS-0640-5 is $24677. Top end at that grade is $32084. Some localities have a higher pay scale, depending on the local economy. It's likely there will be no chance of promotion unless your supervisor quits, retires, or dies and you happen to be selected for the position. You must work to age 65 or 20 years of service, which ever comes later. Search
http://www.usajobs.opm.gov/
for all federal job postings. If you decide to apply for a govt job, be sure to read the qualifications for the position. When you write your resume, use the exact terminology (keywords) as the job description. Some clerk who has never transcribed anything in her life will be the one to look at your resume and decide if you are qualified. The only thing she has to go on is the qualifications listed for the position. When you fill out your paperwork for your security clearance, do not lie about anything. They don't care what you've done in the past, they are looking for any secrets you might have. If you have secrets you can be blackmailed!
They want to deduct your salary from their
business expenses - so if they have NOT paid you, do not cooperate. Send them a registered letter stating simply the total $ owed, and enclose a self-addressed stamped envelope for their convenience - ha - and hold out signing any forms until YOU GET PAID!! What nerve they have!
50K is the US average salary...nm
x
That's a decent salary.
.
QA/editor salary?

What is an average salary to expect for QA/editor with 10 yrs. experience?  I'm in the process of switching companies and have been offered 3 to 4 cents per line or between $24-26,000 salary.  At that rate, I will either have to stay where I'm at working under unrealistic conditions or go back to being a Transcriptionist (which isn't such a bad idea).

I'm not asking for specific companies, names, etc., but can other editors tell me, do companies offer a higher salary range such as $32-34,000 any more?  The last time I was out there looking for a job, QA/editors were getting a decent salary.  Now I'm finding they are getting less than MTs (and of course MTs are getting far less as well these days too).  Any input is appreciated.  Thanks.
Salary range

The 2-year assistant degree salary starts at around $30,000 here (the same as a beginning teacher).  The PT master's degree starts at around $60,000 per year here; other areas of the country, of course, are likely to vary.   I already have a bachelor's degree; I'm going for the master's, but I don't know how long the waiting list is.  


Not unless you want to make a low salary.
this point.  Many with years and years of experience are not making what they should.
MT salary survey
http://www.payscale.com/research/US/Job=Medical_Transcriptionist/Salary/by_Industry
What's demeaning is the SALARY...SM
I remember 10 years or so, when MTs were complaining about the pay compared to other health care professions and at that time, outsourcing was just starting to come into play.  And we were making MORE then than we are now.  I don't think it's the economy either, though it contributes to the problem.  Before the economy turn a recent nosedive, how many of us were making adequate wages??  Blame outsourcing and the greedy MTSOs.
And whose salary are YOU paying...nm

I think that is a great salary!...sm
I would take it.
salary per line
For the last 25 years I have transcribed and being a MTSO once upon a time, people are usually paid between 6 and 9 cents per line. Even with all my experience, I still only make 0.825 cents per line. One of my best friends who also is an MTSO with over 25 years experience, types on the side for another company and she only makes 9 cents per line - tops. Nothing has changed in the last 25 years as you will see if you check the job boards. It is a very rare occasion that you will make more being an IC and the only way to make more is to own your own business; however, the time and trouble are entirely too much grief, eat up your life and then Uncle Sam takes the rest. As an MTSO, you might be able to get 15+ cents per line, but that is really pushing the envelope. When I tried to get my personal accounts to pay me over 10 cents a line, they went balistic... hope this helps a little bit.
higher salary?
Are you serious?

You decided to be QA and you get paid by the hour, not by production. Sell your sad tale to someone who isn't hammering the keyboard for those "crumbs," you talk about.

There is Omissions and Errors insurance to cover your QA errors. Get over yourself. You aren't all that and a bag of beans.

People like me did the bulk of the report and it's your job as QA to come along and do a little clean up. In other words, QA people are what then? Janitorial staff.
to cowgirl - Last I knew, last year the job paid $25,000/year no taxes, etc.
The hospital was bombed about a year ago, but not a lot of damage, very minimal damage.
44-year-old WF, M, Texas, 3 grown kids, just had 26 year wedding anv.
nm
nope, still crunching last few days of year to hit my 50k this year. how can you when you haven'
;
It is illegal if you found out someone's salary through
unauthorized methods, such as snooping in personnel files, but you can discuss your salary with others if you wish to. 
I doubt very much they "promised" you a particular salary. nm
x
I agree. I would much rather have an hourly salary (sm)
I can depend on.
I do not respond if it says competitive salary.sm
That to me means 6 to 8 cpl. The company I work for now had no pay range listed, but said excellent salary. Turned out it was. Paid by the minute now and making much more than I was by 65 character line.
YES! I get a salary of 20K and then business makes 50K...nm
and believe you me, I take good care of the MT's who work for me. They pay for my house! As JRR said, it's all in getting your own accounts. Anyone CAN do it, but most people WON'T do it.
Ok, but what kind of salary do you think you will make
As say, opposed to working in the doctors office? The salary in the MTing field has gone down dramatically over the past years. I trained inhospital for over a year and have seen the salary drop and drop and drop. It probably is not a good field with out the outsourcing that is going on to try to make a decent living anymore- What kind of speed do you have with typing? I think loads of trancriptionists unhappy with where we are now days. I got into transcribing because my speed was excessive (130-140) and always was good at spelling and loved the medical field. I thought with my working in the field for so long would be a breeze when I started this. Was I in for a BIG surprise! I certainly never considered this job because of being able to stay at home because when I first started spent years and years in the office. Having said that, I, if I wanted to support a family and knowing what I do now, would certainly not recommend to others as a way to make a living.
Hi, any IC's that are paid on salary? or is this a reasonable pay I should ask for?

My docs have now switched to a new platform, which does not utilize counting lines, which is how I am paid now.  They suggested paying by time, but that would be irritating for me to have to keep track and multiply and do all sorts of other stuff by hand (rather than having software to do it).


I have thought about asking them to pay me on salary.  I have been with them for 7 years with no raise.  NO RAISE EVER.  Seven years this September, and I have made between 25 and 28 thousand dollars each year with them.


I am thinking of asking for $36,000 a year and was wondering how reasonable that is.  I get absolutely no benefits from them and in turn, have to pay my own health insurance, retirement, taxes, etc. (so really it would be about 24K a year).


Any advice?   thanks so much


 


A lot of people think it is inappropriate to ask the salary of others...
probably why no one is answering your question...
I personally am not offended by asking about my salary...
I am just saying some people might think that way...
Nothing this year. We ALWAYS got a cool surprise in the past, but this year nothing. :-( nm
d
After I went to a 1-year MT course at a vocational school, it was so bad that I did the 2-year colle
Not only did I finally receive the proper training, but the woman on the advisory board hired and mentored me. I also joined the local AAMT and networked. Good luck. I know how frustrating it can be. A community college will have a good program to include medical language, MT courses taught by local MTSOs, business English, anatomy and physiology, pathophysiology, etc.
No one could pay me a big enough salary to work 80 hours per week

Salary poll was done recently if you do a search. nm
x
Nope, straight salary. No bonuses. nm
x
All our hospitals have posted salary ranges

Here in Portland, OR all of the hospitals have posted salary ranges and do not even ask.  That is surprising for a large hospital as that is how the majority of them work.   Go back to the job posting and see if there is a salary range posted.  Other than that, write a short note and mail it to HR and tell them you really want to work for the hospital and are negotiable on salary.   But out here that is not too low, goes from $18 to $23.


 


 


Well, is this new job a salary position, hourly, etcetera?
If you are guaranteed a certain income each pay period, I wouldn't see the problem with jumping right into it and not trying to juggle both at once.