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She doesn't even know if she earned the bonus because

Posted By: Sounds like a crock to me! on 2005-10-31
In Reply to: It is strange to me that one of the criteria - Busy MT'ing

she doesn't know what the bonus was based on is everything that I've read in this situation. The co said there would be a bonus, but she has no idea for what or how much. Sounds like the company put out a little snip of info, got the person to work her butt of to "qualify" when there possibly was not a bonus even to begin with.


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If she has earned it they have to pay it is

what I said.   There has to be something in writing or something inferred that there are benefits of paid time off/vacation and if so then she has to be paid.   If there is no such understanding then you cannot expect payment. 


I've been through this same situation. 


If you earned more than $600.00 for the year, then the

company is required to send you a 1099 form and it must be postmarked by 1/31.


For anyone that is an IC can you tell me why your wages earned are not the same as what your are cr
my accountant explained this but I cant remember the reason we dont get the full amount of credit and can you tell me what percentage we dont get credit for.
He hasn't EARNED our respect. (nm)
m
Still waiting: $60 earned or received? nm
nm
I am making in 2005 what I earned in 1995

Like you and so many others, I have watched my wages as both an IC and an employee go down, down, down.  I worked for a company owned by an MT.  She paid very good wages but sold the company to an Indian company, who got rid of all the Americans except for a few who would accept very low pay.  It's funny...clients want 100% accuracy but they don't want to pay for it.  They agree that they can't just randomly pluck people off the street to do MT, that they have to hire experienced or trained people.  But they don't want to pay us for our experience or our training.  I am doing my last MT job. I have my bachelor degree almost completed and I'm outta here.  The lack of respect for MTs, from employers, other MTs, from offshore companies, from clients, from AAMT, is so disheartening.


Question on this, do you have to pay taxes on this as earned income?
I live in a state where we have income tax in addition to federal. Each year on the money we get back from state, we have to claim as income the next year so we are taxed, get paid, taxes on that, get paid, well you get the idea. I hate to get money and have $$$$ shown as earned income, I am way up there in paying taxes now and donít need additional taxes on me.
profession not based on $ earned, but on specific criteria...sm

"I definitely have made tons of money in my own business.  Sounds like low self-esteem on the posters below, unhappy, depressed."


Well, lots of people make "tons of money in their own business," i.e. hookers  and drug dealers - doesn't mean it's a profession. A profession is done by professionals - think law, medicine, teaching. MT is just a job. That being said, I'm still far from unhappy and depressed! LOL but it's still just a job. The body of knowledge to do MT is so far from what is considered a body of knowledge (again think law) it's not even in the running. Even a checker at Jewel has a specific body of knowledge. It's the comparison that counts, not the existence. Many people are uninformed about what profession actually means. Do some research, you'll see what I mean.


Gotta brag: Just found out my son earned... (see message)
the Presidential Fitness Award for the third year in a row, and my daughter earned the National Award!
Waste of time and hard-earned money
when you can only make may be 1 cpl more if you are a CMT.  They should not charge you, they should just let you take the test and send you the certificate. 
B.S. in HIM, earned RHIA, didn't want to be management, found MT came easy to me. nm
x
SITE ADMINISTRATOR: PLEASE ESTABLISH A BOARD FOR THE MQ PEOPLE, TRUST ME THEY'VE EARNED IT!!!!!
-
Why are YOU attacking HER? Just because she doesn't want kids, doesn't mean she needs a psychi
xx
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
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
No bonus level for IC as far as I know.
I know of no bonus level. On hold they limit how much you are permitted to type. I am just searching for something better. Tired of being bullied for things I did not type.
Need bonus ideas!

The company I work for is setting up a new bonus-type incentive program for QA audits - something like this:  99% accuracy and above (bigger bonus), 98% accuracy and above equals passing (smaller bonus). 


What we'd like to know is - other than enormous money suggestions ;-D - what would be a nice gift?  Remember, this is separate from a Christmas bonus-type thing, which would be bigger.  We do our audits every 4 weeks (per the clients), so it would be a smaller thing. 


Gift certs?  Realistic dollar amount ideas?  Paid time off?  Shoes (kidding - I'm a shoe freak - ha!)?  Any ideas welcome!!  And thank you!!   


Christmas bonus...

My DH just got his Christmas bonus from work...out of the $4000 bonus, he brought home $2450 after taxes...Thanks bunches Uncle Sam!!!


Don't get me wrong, I'm grateful for the extra money, but geez, 39% tax rate on a bonus, come on now, that's a bit much!!! Just venting here, Merry Christmas Y'all!


bonus tier
I don't know what company you work for, but I would think that your company wouldn't offer a third bonus tier if they didn't want people to reach for that goal.
Does Medquist really pay out that sign-on bonus?
zz
isn't that the point of a sign on bonus? sm
I mean, if they paid it up front, what would be the point in working for them for any length of time? You could just apply, accept the job, get the bonus, and quit! Come on, think about it. Does anyone pay an up front sign on bonus?
Bonus from OJT - foreign dictators. (sm)

I learned OJT in a small hospital with a PDR, Dorlands and a boss with an attitude from &*^%&*^.  There were only about 7 doctors on staff, 4 of which were foreign.  I started off learning to cope with a Thai accent in a physician who had had a speech defect, a Nigerian, a Swede and a Czech.  It was a painstaking way to learn, but I am greatful every day that accents have become a way of life for me.  I almost prefer them to some of those mealy-mouthed speed demons. 


I can remember cursing when they would say "Go back up and change this".  Just rip that paper out of the typewriter and start again. 


My children can't imagine a time before computers.  Will have to take them to a museum someday and show them what life used to be like.


 


 


 


Has anyone ever received the referral bonus from MQ? sm
If so, how long did it take to get it and does it only apply if you are employee status?
Well, since you work more than one job, your quarterly bonus is probably not what it could be...sm
...and I am sure that is why you will stay.
$2000 signon MQ bonus
i questioned those bonuses myself to my supervisor when I was turned down for a raise. how much sense does that make when it's a new person that has to learn the account? why not keep employees happy who are already there -- oh, excuse me, we're talking about MQ - nothing logical seems to rule. like i've seen so many say maybe there is something else going on that we don't know about.

as to your career change, i'm contemplating the same thing myself, just haven't figured out what because the transcription business is not about the MT anymore.
Incentive Production Bonus
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!
NO. The bonus applies for either or both day(s) during the weekend
Don't start rumors, please.
...maybe incentive pay like OT or payment for bonus
s
If offering that as bonus, you can bet it is pain
x
I have heard of this only in a bonus situation, where

if you did over xx number of lph it put you in another bonus tier.  I have never heard of that being used for "base" pay and I don't believe it is that common.   I sure wouldn't work for a company that paid like that, but companies are getting creative in their formulas for figuring pay so we can't figure out how much we make, but I think the MTSO always comes on the winner. 


Bonus Psychology from MTSO POV
On the one hand, two part-time no benefit people would be cheaper in some ways. Plus they could tag-team a work schedule for greater coverage ability if they're both working 24 hours/week because that would add up to 6-7 days per week coverage instead of 5.

On the other hand, one dependable full-time busting her rump to get 350 LPH for a bonus paid in peanuts (most likely) is fewer headaches for scheduling - just one person to call off instead of two, just one person to need every Saturday off instead of two, plus the pleasure of watching that one person work like a fiend in order to try to make that quota.

Throw in a few No-Job-Available days for the one person, such that she can't make her bonus quota, and you've got yourself a winner there!
You should also ask about the 2000 sign on bonus just advertised
x
9 cents/line, plus a 20% bonus for working