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Serving Over 20,000 US Medical Transcriptionists

It does not mention statutory anything in my letter dated 9/2/05.

Posted By: where are you seeing that? on 2005-09-06
In Reply to: they will be offering some pto time for se - yes

I see "newly defined FT employee classification w/flexible...


I see New Part-Time employee classification w/flexible ...


I see Opportunity for PTO for part-time employees and increased PTO of up to ....


but I don't see nuttin about STATUTORY EMPLOYEES.......Statutory is not part-time




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if you look - the cert letter is dated 2008
click on the tabs there, they are not in good standing for state taxes up to 2008
I would just mention in your letter that your
you are willing to work together to come to a better way for you to provide services as you are and to enhance an already great relationship if ya' know what I mean.  Be sure to mention that you have respect for him and would like to come to an agreement of sorts....  blazzay, blazzay....  JMO.  I once had to do this, but it is funny because the doc compromised.  He stated that I did a great job, but he gave me 50 cents less per page than what I had asked, which was a terrific compromise, and I did get a raise in essence.  I gained respect for him, and he gained respect for me.  Good luck.   
Taken from an India website...dated 2005!

The medical transcription business is drawing people from other sectors. That’s because the income can be quite substantial. Transcriptionists are paid anywhere between 60 paise to Rs 2.0 per line. At a minimum of 6 hours and transcribing 800 lines per day, transcriptionists can make around Rs 1,200 a day. Working 26 days a month, they earn more than Rs 30,000 (USD 450 - 500) a month. They send their reports to an Editor for proof-reading who are paid upwards of Rs 40,000 per month. 


As a result, hundreds of professionals are quitting their regular jobs to assist US doctors in transcribing their conversation with patients. X-ray, pathology, surgery and discharge reports of US patients are also being transcribed out of India.


To be a transcriptionist, an aspirant has to acquire skills in medical terminology. The next step is the editor. Level three is a quality analyst (QA) who has to work out of the office of the MT firm.


It’s a daily ritual for thousands of homemakers across India. After sending husbands to work and kids to school, they download voice files and start transcribing medical illnesses of patients in the US.  


Sowly, medical transcription from home is becoming a phenomenon, particularly in tier-II cities where the BPO boom hasn’t yet caught on and educated women are still not being encouraged to venture out of home.


“Almost half of our 600 home employees are women. Working from home allows them to spend more time with family,” said Mr Rajiv Shetye, VP, Spryance, a Boston-based medical transcription firm which now has 1,200 employees in India.


According to estimates, India has about 100 medical transcription companies and the big ones include Accusis, Spryance, Stheris and Heartland. About 10,000 people work in the $120 million-strong industry.


Still, there is a lot of untapped potential. The US market for market transcription is about $12 bn per annum, which is more than double the BPO exports of India. More than 700 million hospital events need to be recorded every year. According to Nasscom, about 1.6 lakh such transcriptionists will be needed in India by 2008. Earnings depend on how much time a person is able to devote. Billing is based on the number of lines transcribed.


HARSIMRAN SINGH


I've dated off this site (Love@AOL). The men are cruising for a hookup for sure.
dd
I strongly disagree. I dated an engineer; most ingenous, humorous, generous
man I ever had the pleasure to meet. Being smart is smart, he has the Yummie!Wow factor too.
If it's a business letter you use a colon. if it's a personal letter you use a comma. nm

:


Perhaps you are right. This one is dated today. The original article was on Yahoo today also with

But this article states it would only affect new customers right now.  So I am upset over nothing.  I went through heck with BellSouth when they charged me a surcharge of an extra 50 a month and then would write a letter saying I had to switch to a long distance service and pay by the minute because of my "excessive" use. They told me the unlimited charge was for an average of an hour a day not somebody who worked out of their home and I needed to switch a business plan at over 200 a month charge.  I switched over to cable because of that and then to read that cable was going to charging on a per use fee and not a flat monthly fee it upset me.  It is the nature of our work, VR, only paying for VBC, having headers and footers taken away, now being charged for being on line, etc.  It just seems that everything is done to keep to insure less money.


statutory
I know this has been asked before, but could someone please tell me the difference between statutory employee and just employee?  TIA
statutory vs IC SM
Thanks for clearing that up, all this time I'm statutory and thought I was IC. So does that mean I could apply for partial unemployment??
statutory vs. IC sm
 So if companies cannot dictate schedules to an IC, what about statutory employees?  I haven't discussed any of this with my company in 5-7 years!! Now they suddenly need an update, wherein they want to demand a set schedule....
Statutory employees too?
Is the new pay plan for statutory/IC employees too?  Cant you only switch to full time employee status twice a year, I think May and October or November.
statutory employees - MQ
When you have to take off, do you call in sick like you would a regular job?  In the past, I have and they have been quite unreasonable if I needed to take a day off for sick or personal reasons.  What upsets me is when there is no work, Im stuck, no work, oh well, but when I need to take off, I better be there, I better work or they have been quite nasty with me..What has been others response?  What have others done when they needed to take off?  Thanks for your response!
time off statutory
As they are quick to point out, as statutory you are NOT an employee and do not have empolyee benefits; they can't have it both ways, if you are IC and want to take off they really don't have a right to say anything; offices differ, but that's the bottom line.
SE as in statutory employee at MQ nm
 
Statutory status
When I worked statutory, they took out Federal, SS, and Medicare.
Any statutory employees out there?
I'll be starting a new job soon with a service as a statutory employee. I want to get on top of my tax situation now so that come April I won't get hit with a big bill from the tax man.

Any suggestions/guidelines for how much of each of my checks I should be setting aside for taxes? I know that my employer will be paying 1/2 of my Social Security taxes. What about the rest?

Thanks in advance for your help.
statutory status
I sent you an email.
Statutory employee s/m

was statutory for years until MQ made us all go to regular employee status.  The one thing I loved about this job was freedom and they really took that away when they set us up as regular employees. 


I just took another job as a statutory employee and am working out my notice with MQ.  Love, love, love it.  Statutory is the best of both worlds for me since I don't need bennies.  The PTO was nice, but the freedom is worth so much more. 


Statutory, I guess
PT, no benefits, no paid vacation/holidays, etc. The only thing they do is withhold my state/fed taxes. I work hours and days specified by them.
means statutory employee...
The link someone gave above has a section on statutory employee (SE) but are still independent contractors
Statutory status question....sm

if you are statutory status they take out federal, but not state taxes, is that correct?  What about SS? Thinking of taking a job on statutory status. Thanks.


Statutory MT/Independent contractor

Does anybody know of companies that still hire Statutory or independent contractors?  Since I take the standard deduction on my personal taxes I can no longer deduct my MT expenses and that's a major ouch.  Thanks for any help.


 


 


question for statutory workers
What percentage would you recommend setting aside from each check to cover your taxes?  thanks.
Doh! I thought SE was statutory employee. Sorry! NM
x
Statutory versus employee
Are there any advantages to being statutory versus an employee?  Anyone out there working statutory who can help?  Thanks!
Does MQ have STATUTORY EMPLOYEEs anymore under new plan????

I only work part time statutory and
full time with another company, I have a little bit extra withheld from my FT job each paycheck. I try to save 30% of my SE job pay to have on hand when tax time comes, even though I don't need that much, it covers me for everything plus after tax time I still have money in savings. It does depend a lot on your life though, what deductions you have, what tax bracket, etc. I am single with no kids, so I wind up in a higher tax bracket, therefore feel comfortable only when I save more.
Question for you Statutory Employees about retirement?
Any of you who work as an SE, have you ever looked in to an SEP IRA or an individual 401K for funding a retirement plan?  I  was just wondering if this is allowed, since the income is considered self employment income, but I have searched on the Internet and can't find anything to tell how the laws specifically apply to SE's.  I know if I was an IC there would be no question.  I already have a Roth IRA but the limit for that or a regular IRA is $4000 a year and that is not enough IMO for retirement, would love to be able to save some of my SE income tax-deferred.  I'm going to ask my accountant about it but figured out of courtesy I would wait til after the tax filing season winds down.  Just curious if any of you could help out in the meantime??  TIA.
What are the benefits of working as a statutory employee?
x
Statutory Employee vs. Independent contractor
I work for company "A" as an IC. I work on Dictaphone ichart platform. I make 9 cents a line. Good accounts. Good managers. I have been offered a job as a statutory employee with company B, still on dictaphone, still 9 cents a line. Is justifiable to make a lateral move to company B just for the sake of being an employee? Tell me pros and cons please! Thank you!
Did you get the email this morning about the new pay plan for statutory employees. What is your
feeling. I know I cant struggle any longer or harder for money anymore. I agree. I am in all these different accounts to make lines, being QA'd on all of them and I just cant do anymore than what I am doing now so I am not sure what step to take next. I guess just wait and see what happens with the new pay plan. I hope that is not why they are hiring so many people because of concerns of a lot of people leaving because of it. Have you heard of more accounts being lost. I wonder where all these accounts are going.
What companies other than MQ hire statutory employees and are they hiring now.
:
too many variants. are you employee or statutory? what office? what reports?
not my office.  you have to work so many weekend hours per pay period but you can choose the hours.
Did everyone get that email from Frank L. about the new pay plan coming out for statutory employees
this morning. Does anyone have any idea what this is going to be. I hope I dont lose money after all the years with MQ but we shall see.
On this new MQ rewards plan what exactly is it offering statutory employees and I suppose that that

is going to be the end of our quarterly bonus. My concern still is if there is no work how do you get any incentive if they lower the base rate. Sounds like employees will have a larger window to get their work done which means we all will be scrambling around for work at all hours.


Question about SS - I am statutory employee and my employer withholds 7.5% for Social Securty - sm

I have only been a statutory employee for a couple of months (I was an employee with benefits with my prior company). My employer withholds 7.5% or "half" of the Social Security/Medicare 15% and I was told that will need to pay the other 7.5%. How does that work?  Thanks in advance!


Can a statutory employee draw unemployment if terminated from job due to restructuring of company?
nm
not to mention
Wages are going down and difficult dictators on the rise, bad quality on the rise.  Does anyone know of any other profession where the starting pay is as exactly as it was 10 years ago, maybe less?  I started out at 7 cpl and they are STILL offering that as starting pay today!!  Doing this 10+ years and every report that comes up is worse than the last.  Fight hand fatigue and pain as well.  Its very depressing, this business.
Not to mention
Destruction of the barrier islands that could have reduced the damage, the poorly maintained levies and all the national gaurd troops die for lies in Iraq instead of providing services to the States.
I should also mention...
that I didn't think women called OTHER WOMEN that! WOW
Please, please, mention this..
when you set up your appointment next week. I feel your fear and I cried a bit for you as I was praying. Take care. Let us know what happens.
not to mention--sm
being wery wewiabow, too. jeez.
why not mention it?
nm
not to mention...
that what a person prefers to speak at home or with family/friends is completely different than what language someone should be speaking PROFESSIONALLY! I'll speak Korean all day long at home but once I start working or leave the house, it's English only. I hate it when people come to this country them demand that signs be put up in THIER language (HEAR ME MIAMI???) or that we accomodate them because they're just to darn lazy to learn the national language and use it properly. In my mind, it's a lack of respect for the USA. Believe me...you can't go to Germany and then expect them to accomodate you because you can't speak German. They expect outsiders to learn their langauge and if they have any in English, it's a gesture of courtesy and not because they feel like they should.
What you did not mention, however, is that
she is NOT following the client's specific instructions.
Should also mention - sm
My musical preferences tend to change depending on my mood.

Today my mood is rockin. I am listening to Beck, Emigrate, Alice Cooper, The Fashion, Bangkok Five, Ride The Boogie, AM Radio, Bryan Adams, Poststardom Depression, Brad Sucks, Fischerspooner, Northern Mississippi Allstars, Cowboy Mouth, the list goes on ... quite a mix.

Whatever keeps me groovin right?
Should probably mention . . .
I have only ever had 2 jobs as an MT. First job was with a local hospital for almost 5 years, and now I have only been working for an MTSO for 9+ months, so haven't quite gotten comfortable yet.
You don't mention where he's from

but maybe it's a place where bargaining and haggling for everything is expected.  He may figure that your 'final offer' may be a whole lot lower than what he's been paying. You already proved that by reducing your price to 9 cents, and now he doesn't believe you're worth even that.  You gave him a 10% discount, now he wants 50%.  Soon you'd be paying HIM for the privilege of working for him.


I also would have charged him some kind of accounting fee for the time it took me to recaluclate the line count for billing.  What?  You should work for free to do this? If he did not understand that 65 characters equal a line, no matter on which line they appear, then he is definitely not bright enough to be a doctor.  I think he was just yanking your chain on this so see how much he could get away with. 


I'd let him leave and go with the new company.  When the honeymoon is over, their ESL MTs can't understand his ESL dictation and they don't meet TAT and their quality is crummy maybe he'll be willing to pay the 10 cents.  At that point, if he contacted me to take over again, I'd ask for 12 and settle for 11....  maybe.


Forgot to mention...
Also how many lines you average per day and hours per day.  I'm at about 9 hours and 1400 lines.  I used to do 1200 in five hours, go figure
I think the only reason it does not mention
SE is because it is for employee status only. Call your supervisor, they might know.
Forgot to mention
my hat is off to you for that. I know that you do a lot of extra work with the pick-up/deliveries, printing, and just "account maintenance". That IS the toughest part of our environment.