Incentive Production Bonus
Posted By: Neesey on 2007-03-19
In Reply to: MT production incentives - Janna
I have worked several in-house transcription jobs in my 20 plus years as a medical transcriptionist. I have been paid hourly for each one. I have never received a production bonus. In fact, I had never heard of such a thing until I started working for a national at home. I did get overtime at time and a half for working over 40 hours a week, which is more than a production bonus would ever be. Good luck with your project!
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...maybe incentive pay like OT or payment for bonus
s
working 3rd shift and weekends sometimes gives you bonus incentive pay. nm
x
Production incentive
The last hospital I worked at paid an hourly wage, no incentive, and had a minimum line requirement per day of 1200.
The problem with this scenario is that there is no incentive to produce more - thus the term * incentive *. If work became backed up, we were offered overtime.
When I worked in-house for a service, we had a line per day requirement of 1200 and anything over 1200 lines per day was paid at 6 cents per line.
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.
Wait until we get a lower base rate and incentive and no work for incentive.Should prove interesting
because everyone will probably have a lower base rate than now. As I say, should prove interesting.
No, there's no pay incentive ... but there may be other incentive worth considering.
I'd give anything to have the radiation oncology department of a hospital I used to work at .. the reports were lovely 3 page affairs that, while not conforming to a "normal" conformed to a standard template that made the 3 pages fly by .. the dictator was a tediously slow (but clear) talking earnest young doctor .. and a small handful of his reports could rack up 500 lines with little agitation. ... a few sighs, but...
I think in the current state of the business, it is worth tackling a speciality or two ... OP's first, of course, but then whatever presents itself.
The two benefits will be seen in hiring and in work being available when the other easier stuff is all gone. Oncology patients generally are older and have more history to be documented, etc. While a great ER account is a truly wonderful thing ... when that's all gone, having some long winded, backedup accounts are a god-send, imho.
good luck. 
incentive
i've always had a problem with what they refer to as incentives! never logical and as you so precisely put it, INCREDIBLY CHEAP!!
What incentive does she have to tell?
Just curious. Afterall, they may never know.
incentive
I call that incentive honesty. What do you call it?
Incentive
What will we make if we do 2,100 lines per day?
plus incentive....
.
incentive pay
I would like to know how icentives usually work. If your base rate was .10 per line up to 10,000 lines per pay period, your incentive was .15 above 10,000 and you typed 15,000 lines, would you be paid .15 for all 15,000 lines or just .15 for the 5,000 lines over the minimum and .10 for the first 10,000?
incentive
Same here no incentive when working in house. You got done what you got done. The only time I have really heard of an incentive is working as an IC at home and that is by the line.
because of incentive pay
You start producing more line that is more per hour and they can slow you down to keep you from getting those extra lines. Every time I would get to my line count up, the slower it was to get the same type of work done. I even complained that it was too slow and I wanted another account and he said "I can set your speed up a little. We turn it down to keep from crashing the system." I worked third shift so how many are there working third?
I just was hired with the new SE pay/incentive!!!!!
I must say I am very happy and I think other SE's will be, as well!!
I hired in at 9 cpl and can earn up to 2 cpl in incentive on every line I type! I'm excited! I can hardly wait to get started!! Though I am only obligated to do 6000 lines in a payperiod, if I type 16,000 lines in the payperiod I get my extra 2 cpl and that makes for $1760 just for that! I think that is pretty good.
My training is next week and I hope to be able to reach that with my first check!!
If all would please be calm, I'm sure that the new SE pay/incentive plan will soon get out there!!! You'll be very pleased! 
actually - I was told what my pay would be, as well as the incentive - sm
it was a little bit of a decision for me to make. But I based it on a few things, one being the time spent on the phone with the recruiter, questions asked and answered, etc. I'm happy with the choice I made.
Prior to this I had been emailing my resume to companies and waiting, email some more, wait some more. Then I posted my resume and I had emails and phone calls within a two week period. I couldn't believe it! The exact opposite worked! Go figure.
Anyways, it's just my 2 cents
Incentive plan?... sm
Curious how common it is to have an incentive plan at your company. Does it make a difference if you are an employee, SC, etc.? Currently, employee at 7.5 cpl with benefits (vacation, holiday, health insurance, etc.). No incentive plan. I have almost 20 years experience. Minimum requirement is 1200 lines per day, full time. Thanks for any info! 
I wouldn't do it without incentive
I make $30/hour now on lines
When I was in house there was no incentive.
You got done what you got done. No reward for pushing to get extra done.
The incentive should be for ALL lines sm
transcribed, not just the ones over 1100. That is cheapskate bonus.
Oh, joy, yet another incentive weekend. . .
and there's not even any work in my BOB. Why, oh, why, are all the people that run everything are the ones with no common sense?!
There is little or no incentive to learn and use
all these shortcuts, when one knows that the cpl will maximum be 4 cents.
$19 an hour and incentive too?
Sounds like what I used to make before I got outsourced 4 years ago. My pay has never been as much since -- it's been about $10,000 a year less and going down. I never have been able to do twice as much editing as typing, but they cut your pay in half. I am really tired of MTSOs getting all the money and cutting our pay. There are very few hospitals in this area that have not outsourced.
Bonus
According to the pay schedule they sent me, it will be paid on July 18.
bonus
Got mine too, 1/2 after 3 months, second part after 9 months.
What bonus?
I've never gotten a quarterly bonus in the 8 years I've been with MQ. Hmm
Bonus
I wish it was called the end of year bonus and would come at the very end of the year, but it did come in a Christmas card so I referred to it as so.
Bonus
My company is out of Colorado and they are doing just fine. They have shown a 27% profet increase this year.
No bonus here!
nm
the worst incentive I got offered
Yes, yes... some incentive is better than none offered (to anyone who is ready to say, "At least you get one!"), but the worst incentive I was ever offered was when I worked for HealthScribe years back and they offered a 1/4 cent on lines typed for a certain day. Doing 1000 lines, that worked out to $2.50 tagged onto my regular rate. That wasn't even worth thinking about let alone spoiling my weekend for.
Incentive by minutes with Cerner
Hi -
The hospital I work for went with Cerner a year or so ago. Their software is so bad, our required minutes were lowered to 80 minutes/8hr. Incentive starts at 91.3 min/8hr.
What would you make in incentive doing 1200 lpd?
With MQ's new plan in January: $0 incentive on 1200 lines/day.
Spheris: 1200 lines a day = $24 a week incentive.
What about where YOU work?!!
Sure takes any incentive out of trying to do a good job.
That is what happens when you put people in charge that have no experience other than raising a couple of loud mouthed brats that always make sure they scream when supervisor calls you.
Because of my competitive nature, I would use it as incentive to
produce more and make more money.
I always like to know where I fall compared to other MTs - am I in the middle of the pack, on the bottom or on top. If I am not on top, than I would do my best to get there. That is just my nature. I strive to be the best that I can be, although sometimes we all fall short. No biggy!! Just do your best and produce what you physically can, and that will have to be enough for that particular day.
Just use the daily information as an incentive for yourself!
Good luck to you.
My inhouse incentive experience
When I worked inhouse, our incentive was calculated quarterly. Our incentive was based on minutes of dictation transcribed, not lines.
We had a minimum number of minutes to average daily. Depending on how much we passed that minimum (on the quarterly average), we were assigned an hourly incentive to be paid for all regular hours worked for the next quarter.
Example: If my 1st quarter average production put me at 180 minutes of dictaiton, then I would receive an extra $8.50 an hour (in addition to my regular hourly wage) for all regular hours worked for the 2nd quarter. If I took paid time off, had a holiday off, or had overtime, it was not paid for those hours. Only for regular hours. So, if I worked my regular 40 hours weekly, I received an extra $340 a week in incentive.
Now, incentive started low, at $1.00 an hour and worked up to $10 an hour.
Last time I worked inhouse with per-line incentives, we literally got a daily line count and had a tiered set up with lines/hour average daily.
Perhaps, but there will also be no incentive to go into medicine for US docs, SM
when they get out of med school they have debt, will have to set up a practice, pay their staff, etc. What is the incentive if you can earn a limited income.
I say let the free market decide.
I get extra incentive from my 2 employers too.
nm
Medquist bonus
You must be an IC. I have never gotten a bonus, or a dime extra from Medquist, not even for working weekends, holidays, or nights and I've been there 8 years. Getting a raise is a joke, too. They are stingy. If you get a bonus, count yourself lucky.
MQ quarterly bonus
Yes, MQ does still pay quarterly bonuses to their SEs. We earn $50 for each pay period we produce 10,000 lines and another $10 per 1000 lines after that.
NO bonus here for the last two years!!!
nm
quarterly bonus
Do you still get quarterly bonuses as an SE with the new incentive plan and how is it now going for you?
quarterly bonus
Do you still get the quarterly bonus for the SE incentive program and how is it going for you?
October bonus
First of all, this whole thread is just a "what if." There has been nothing coming out of corporate indicating that quarterly bonuses will be cut out. With the new pay structure they are working on, maybe, maybe not, but it is just speculation. If in October they decided to cut them out they'd still have to pay the October bonus anyway because it is for work in July through September and they would be contractually obligated to pay you bonus on work already completed.
Or an MT looking for a referral bonus.
nm
Christmas bonus
I have five accounts and usually get an average of a month's pay. anywhere from 1700 to 200 per account.
Christmas bonus
Last year I got a $50.00 Walmart gift card from my company. Nice gift. This year I received a $25.00 gift card from Walmart. My company merged with another company, there are taking on new accounts right and left, I worked every single holiday, many many weekeds and when ever they would asked for help, and my bonus is half of last years. This is really sad and hurtful to say the least.
Christmas Bonus Ha
I'd love a Wal-mart gift card...I got a cheap plastic flashlight that had "together we shine" printed across the side.
christmas bonus
I have worked for this company for 11 years. Every year we get a 2 week bonus check. Not this year, not even a explantion. oh and the jackass boss told me a year ago that the bonus check was part of my yearly salary. the way i look at it, he owes me a two week paycheck. Sorry just had to vent.
That's a shame. We get a 10% bonus for CMT.
We're paid hourly with no production bonus (minimum expectations, but no bonus for going over), but with CMT, the hourly rate and benefits are superb. So yeah, it *can* make a huge difference.
Christmas bonus
I have 4 out of 6 accounts that give me a bonus, average of 50 to 75% of a month's billing. For the account that my IC's work on -- I pass along their percentage of that to them. Also take them and their spouses out for a nice dinner usually after Christmas when we are all not so busy. I make cookie or muffin baskets to take into each and every clinic even if they do not give a bonus. Also give them personalized calendars as gifts. Works for me.
Patti
Bonus answer
I think I would based on their performance. Before I got bonuses, I would buy a gift certificate to one of the nicer restaurants in the area and give that to them that could cover dinner for two. Also offered to babysit when they had little one so they could have a free night out. It just so happens that the psych account does give a bonus amd so I just automatically give them the percentage of what I pay them. They get 80% and I get 20% as that is how we split the cpl. I have always thought that was fair. It never crossed my mind to not share as they do the majority of the work. I know everyone thinks that we MTSO get rich off of our percentage but that 20% covers my pick-up and delivery of tapes to them, proofing, running interference when there is a problem, making sure that they are paid on time even though the clinic does not at times. Again, if you appreciate your workers then show them it will pay off. Patti
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