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I would be 43 and have no life at this time and wish I was making decent money, but not ;0( ...NM

Posted By: passing through... on 2005-07-15
In Reply to: Pls - how old are you??? nm - ...ER two

NM


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    One year and you make decent money? What is decent money to you?
    k
    Two jobs don't equal one when it comes to making money and not wasting time. sm
    Recommend looking for one good job.
    making a decent line count

    Pretty much, yes.  Unless you work in a small hospital and even then sometimes that is the case.  I worked in a small hospital where we did 15 different work types plus radiology.  You can make normals for some of the doctors and others...  Line count comes with time and experience.  Gaining medical knowledge helps because it helps you figure out what the doctor is saying, even if you can't understand his dictation. 


    I want a decent job at a living wage and less stress in my life.
    O
    Make money? I'm not making any money because of my decision. You read my reasoning
    You can agree with me or not, but don't make false assumptions please.
    Not newbies making 7 cpl! I am like you, lucky to have a decent rate
    but that's not the case anymore, you must know that.
    Decent money is out there
    Most of you know me from this board and I just want to share this with you guys.  One of my gals that I met through a nephew's baseball team -- he and her son played together and we go to the same church.  She had two terms  of medical terminology/some transcription underneath her belt, many years in the law field as a paralegal, etc.   She wanted to work at home, make some extra money, etc.  I took her in and started her on my psych accounts and the onto some IM accounts.  She got the psych accounts quite well but had trouble with the IM.  We butted heads several times over scheduling, etc.  She did not understand the 24 TAT and so on.  But we perservered together.  She finally got a job in an attorney's office part-time doing some medical review, etc. and quit me.   On good terms.  Then last November I helped her land a GYN account that we started off together and I just handed off to her as it was not worth my while to drive 25 miles for what dictation was there.   It was my business name and years in experience that landed the job.  She took it over and tonight she informed me that she is so glad that I kept at her and perservered with her as she is now making $42 to $45 an hour typing for them.  She is like me charges only .12 cpl but because of auto corrects, macro's and shortcuts that I helped her with, she is making good money.  If fact in Sept when they add another doctor she is going to quit her legal job completely because she makes more with this account with less hours or if she keeps the legal job she is going to do what I did and mentor and help someone else break into the field.  Again these are tape accounts, with pick up and delivery and the little accounts no one else wants but they provide us with a good living. Again, I don't look at the cpl but at my hourly rate and that is what keeps me happpy.  She just wanted to thank me for helping her out and I am really happy for her.   Yea we spoil our accounts but they reciprocate with decent money.  So for those that want your own accounts, keep at it, takes time and patience but you can get there.  I had most profitable year ever this year and less hours. 
    decent money
    Better than I would make at a 40 hour week clerical job in my area. Much better. I don't have benefits, but I don't need them because my husband has great benefits with his job. I DO get quarterly bonuses though that are more than my yearly bonus at my previous office job. No, I won't get rich doing this. And yes, I put in a lot of hours. I work hard. I research. I have invested in good reference materials. And I love my job.
    What exactly do you consider *decent* money, (sm)
    and what part of the country do you live/work in? What's "decent" pay in rural Kentucky or Iowa is food-stamp time in Los Angeles, Portland, San Diego or New York, just to name a few.
    When we are not making a decent enough wage to buy our kids food and clothes, it is like (inside)
    the little kid who wants a toy from another child and runs to his mother and whines "he won't give it to me." Just another way for them to try to force more money out of already tired pockets. I for one will not pay for that until they fight for wages to be increased. Let them go out of business like a lot of us have had to do. Now they want to make us pay for the lack of money they are getting from India because I am sure they aren't buying into it, and believe me I don't hate the Indians for wanting to work, it is not them, it is the American company's greed. When transcription companies can spend millions and millions of dollars to buy each other out, you know it is a lucarative business.

    Why are they cramming voice down our throats at half pay? You can't tell me they are taking half pay, plus half pay is not enough when speech is not trained.

    Vote for Obama! He says he will close the loop holes for American Corporations to send our jobs overseas.
    They also do not pay mentors decent money
    so no one I know would never work for them. Companies like that do not need to be around.
    I am, but not because of pay. I make decent money, more than I would

    make in most fields today that don't require a degree or experience.   I'm just burned out with the monotony of it.  Type, type, type and then type some more because the account is behind and others aren't pulling their weight, so type, type, type, go to bed without spending time with family, exhausted, kitchen not cleaned up, and get up the next day and do the same thing all over again.  You have no control over your paycheck because you are paid by production.  If you have one of those days where you get the worst dictators or the sound quality is really bad you don't make your lines.  If you don't feel well you don't make your lines.   


    I've done this nearly 20 years, about 19 more than I ever thought I would, but I'm tired, I don't enjoy my job, and I want to do something different.  My problem is that I need to be home 5 more years and I don't know what I can do and make the money I need to make. 


     


    I make decent money at my
    I just feel like a cog in a machine,  unappreciated, unnoticed. I work for a hospital. I have also felt this way working for large services. I would like to feel that my time and services are valuable and appreciated, but I just don't seem to feel that way.
    Decent money won't be there until you've had years of practice. Maybe do
    s
    I have a flexible schedule, I make decent money, better

    than I could make working in an office, even though I haven't had a raise in 5 years and not likely to get one anytime soon.  I homeschool my children, we don't have a 9 to 5 lifestyle, DH doesn't have a 9 to 5 job and it allows him a 3 day weekend so we like to travel.  I am able to work anywhere I can get internet access so we can pickup and go at a moments notice w/o me having to worry about work.


    I hate office politics.   I don't have to spend $$ on clothes as I work in jeans or sweats, or can stay in my jammies all day.   We only have 1 car and that works for us now, but wouldn't if I worked outside the home. 


    Life is just less stressful not having to get my kids up at 6:00 a.m. to get ready so they can catch the bus by 7:00.   My DC would be getting home at 4:00 or later if they were in school and by the time they did homework and we had dinner it would be time to prepare for bed and we wouldn't have much family time.  By homeschooling my DC have been able to explore their passions, have really developed a love of learning and we have developed a wonderful family bond.  We spend hours every week talking about world events, relationships, etc.   My DC are my #1 reason for working at home.   When they have left the nest I may consider working outside the home, or at least exploring other work-at-home options. 


     


     


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

    Why would any decent MT waste their time with MQ

    Don't be fooled by their latest spins. If it didn't benefit them, they wouldn't be doing it.   The only ones with a good deal at MQ are the suits. They should be eating some of the slop they feed MTs.


    The CMT exam is overrated. Don't waste your time & money. Use that money on
    paid anymore just because you have it.  There are a few CMT cheerleaders that post to people like you but they are pretty well sucked up into that association.
    Making money with VR

    Any of you who do this, how in the heck do you make any money? I accepted a job with a company for 4 cpl for VR, but I nearly have to type the entire reports over.  I was doing it part time and it takes so much time that I figured out I am only making 5.00 per hour.  What's the average rate for this?  I  gave it up, it's not worth it for the line rate, considering I was editing typed transcription as well that came back from India and it was just as bad and took just as much time.


     


     


    making money?

    I think the only way we newbie MTs can make any money is to make it ourselves, like counterfeiting. 


    I consider myself still a newbie at almost 2 years of nearly full-time working at home with IC status.  Love my company and enjoy my work; it is mainly VR and 3 cents per line.  I am rather slow because I keep double checking everything, but on a good day at 8-10 hours and 800 lines I will make $24.  Isn't that encouraging?  


    The extra dollars do come in handy and so appreciated for my farmer husband's income, but this could no way support a single income. 


    Working for $3.00 per hour was great sometime in the past, you know?  Like 35 cents per gallon of gasoline in 1969. But it 2009.


    I do think if we newbies hang in there long enough and become good at our work then we will move up to better pay.  However, we who work for 3 cents or 6 cents per line and are so thankful to be making even that are probably the ones others may blame for the poor pay since transcription companies can hire us so cheaply.


    Don't know what the solution is.   


     


    No they're not because I'm making more money on it....sm
    than before the program was implemented.  I also know others who are making more money per hour  - and no one argues with more moolah! 
    And you still end up making more money paying LD. sm

    If you consider an 80-hour pay period (which I don't do), at $27 per hour with the 800-number company, you'd make $2160.


    At $33/hour, paying $1.80/hour, you'd make $2640 minus $144 (a deductible expense also), still netting you $2496 -- substantially more than the company giving you the toll free number and less pay.


     


    Makes no difference to me.  I personally wish you all would stay away from MDI-MD so I could have more work ... LOL


    Making money - just curious
    Just curious, but how does anybody here make any money if you are on this board all the time bashing people- that really takes a lot of energy up that could be spent on making money.
    money-making docs? sm

    As a hard worker in this industry to put my son through school to become a medical professional, I can tell you that after all my hard work and broken back, he is still paying student loans, works like an animal, hardly has time for his family, continues his education and is not "rich." He treats his staff like family (constantly haunted by his mother to do this) and barely has time to take a bathroom break. I know there are those with fast cars (always thought they did it to get to the patient faster, but I'm sure that's not the case with some of them) and those who are rude (perhaps not taught right by their moms) but some are just ordinary guys and gals who put their pants on one leg at at time like the rest of us and worry about the next payment like the rest of us. They're not ALL the same. I read another post about docs yawning while dictating. I think in most cases they're exhausted and the paperwork is just another thing to deal with after they put their kids to bed, if they get the chance to do that even. I didn't understand this until I "lived in it". As the babysitter, I can tell you, "it ain't pretty." They suffer just like the rest of us.


    It is all about them making more money. If you have seen the News lately
    they had a piece on money making is with those of us who own animals. Some will pay any amount to cure their pet, like chemotherapy for their animal, when the most humane thing would be to put them down.

    Vet medicine is all about them making money now. Personally, I love my pet, but I will only do the basic healthcare, shots, exam, and that is it. They want blood work, lyme titer, check for diabetes, etc. I tell them NO, Absolutely NOT! She is healthy, 3 years old, and even if she has those conditions, which in most cases, the animals do not, she will not be treated. Who ever heard of a dog having diabetes or thyroid problems. It is an animal and I will not pay healthcare bills for a healthy animal for unnecessary things.

    Watch your wallet, love your pet, provide a good home, feed them, bathe them, and give them their yearly checkup with shots and they will be fine.
    If you are already making that kind of money
    and working less hours then I don't know why you would want to change to an unknown. BTW, would you care to share who you are working for now making over 50K and 6 hours a day? Pls e-mail me privately if you like. I won't post it, I promise!
    The up side to not making enough money is
    that pretty soon the fridge will be so empty it will be significantly easier to clean.  And I do mean soon.
    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.
    The money making part is true,
    the Congress Center in Atlanta sold out for Sylvia's show and standing room only and I am sure her return show will be the same. It is like wrestling to some, not me, but entertainment and should not be sought out by people who are in the situation such as the missing kid's family. As long as psychics are out there, people will seek them out plus other off the wall treatments for different maladies. It is human nature but I would not want to be the one giving the advice.
    You punch a level so you know you are making money?
    I would never set something up like this to make myself go faster. I know if I don’t type the amount of lines I want per day, so simple I don’t have a decent check. Don’t need a stop watch, counter, etc. My motivation is bringing home the amount of money I want every 2 weeks. My way is really simple, just fast fingers concentrating on the end result.
    I am making tons of money doing tapes.

    Just like tapes get misplaced so does digital dictation.  Also, have you ever timed how long it takes to download and upload files?  I think it runs about the same.  I am assuming this is clinic work.  So, if you don't go the office, then you'll need patient lists faxed or e-mailed, what have you.  It also costs money to have a secure FTP site for transfer.  So, no matter how you look at it, there is that time taken for the administrative end of transcription so to speak. 


    To the OP:  I would ask if the problem really is the delivery if you could cut back to two days a week and given them the option of typing STAT reports to be faxed to them OR you could ask if they'd go halfers on a courier service.  But, I think the problem is the cutting of the paper, so you may just want to mention that you'll need to attach a fee. 


    I had to attach a FAX fee to an office that was constantly calling and requiring me to search for letters that they apparently hadn't filed yet, so I started charging them for that service.  Guess what?  They don't call as much.  Just a thought.


    Regarding making money, I forgot to mention...SM
    The standard for "average" typing speed is no longer the unassisted "The fox jumped over" standard as measured on a typewriter. You know, back when 75 was considered decent.

    I don't actually know the new standard for a competent typist, but it's set by those who have trained themselves to use word Expanders extensively and is at very minimum double that on unfamiliar text. On familiar text with many phrases in storage, much higher.

    Current pay rates are adjusting to the new reality that a worker is able to produce considerably more with today's technology than before. Those who aren't using it, and using it extensively, are finding their incomes dropping drastically. Best wishes.
    Sorry you are so disgruntled but many of us, myself included, are still making money...
    there have been changes but I am still making great money so I have no complaints...good luck to you though
    All those folks care about is making MONEY.
    -
    nice to hear that I'm not the only MT making such little money at this
    And I've been doing it for a decade now and it keeps going down every year.

    I've finally decided to take some classes in another line of work so I can get out of MTing but still work at home.
    How long will it take to start making money as an MT?

    I'm new to this career. Have only been working for 6 months or so. Does anyone have any advice for a newbie? How do you make a decent living on 6 cpl? Any advice for increasing speed? Thanks.


    MB


    So if someone isn't rolling in money, they have made a life choice mistake
    and are living in squallor?  Uh, I don't think so.  If you're not an MT, why are you even here?  You certainly aren't a very helpful or happy little elf.
    1200 lines should be a given. You could be making superb money!
    x
    Agree completely.....money making scheme....
    xx
    No. I'm making excellent money doing this (IC). I have no desire to leave this profession.
      
    I have been around awhile, and will last making good money as long as this field does.
    x
    There are too many MTSO that whine about making not enough money to pay you a livable wage.

    I applaud you for being truthful and NOT GREEDY..


    Have done both, and still prefer at home, making more money and setting my own hours. (sm)
    In-house your required to meet a productivity of nothing less here on the east coast of 135 to 155 lines per hour, not to mention the QA's done weekly!! Yes, weekly, random 10 reports per MT!! I never had a problem with the QA's always between 99.6% and 99.8%. But, you work straight, no talking, in your little box (I call it). Yes, the benefits are a perk, but not that much and I worked 2nd shift always, so it was 18% of my base wage. I am still making more at home productivity wise and take a break when I want to. But, like you said circumstances change. Good luck!!
    I *only* make $40K a year for full time work. Now I find that isn't decent is or fair?
    nm
    We paid hourly with incentive for high production. So she's making money when she's just
    sitting there.  I don't know if it is a habit or not because this is the first time I've really had to work with her for any length of time.  I usually only work a couple of hours a day with her when our shifts overlap.  I think I'm definitely going to ask the girl I'm filling in for what she thinks about her.
    Haven't heard in years. Supposedly making it harder to get money
    xx
    Curosity- I am curious if I am making the normal amount of money weekly for MT. Would anyone care
    to share their weekly amount of pay? 
    You live in a dream world if you think that MTSOs are making money hand over fist. Overhead? Add i
    Banks charge about $200 a month for a business account plus .10 for every check deposited and written.

    Ten people in an office? At $30k a year, that's $300,000 per year IF you can get them to work for only $30k. Add in 2 editors, an IS consultant, an accountant, a lawyer, rent on office space, checks, stamps for checks, software upgrades, phone lines, equipment for MTs, equipment for office staff, lightbulbs, toilet paper, a copier, a printer, paper, ink, pens, pencils, long distance charges to call MTs and customers, recruiting ad costs, taxes, benefits because most MTs are employees now because the IRS says most should be classified that way, high-speed internet, internet service provider because hotmail and yahoo are free but not professional, email encryption, fax machine, fax phone line, staplers, staples, paper clips, file folders, file cabinets, etc etc etc.

    I am not whining. I am just stating facts. Add that to the headache of juggling schedules based on unpredictable workload due to unpredictable amount of people needing medical attention, the headache of billing clients who pay when they want regardless of what your terms are, covering for people who get sick or need time off, and it is not an easy thing to do. I am lucky that I am a workaholic and love what I do. Am I rich? No. Will being an MTSO make me rich? Probably not. Do I make more than I did as an MT? Yes, but at a higher price.

    Don't judge until you walk in someone's shoes. I bought a new vehicle this year, a 2005 Ford Taurus, trading in my 1996 Jeep Grand Cherokee and actually had comments made about how it must be nice to be able to buy a new car.
    Not me, I have a life with no time for such stuff. nm
     
    If you have the time to get down and dirty with some low-life bad debt,
    As for me, I live and learn. Ever hear the phrase cut your losses. The more time you spend chasing down a bad debt the more loss you incur.
    5 yrs is a long time for monitor life......n/m