Are there companies out there that EXACTLY pay more for IC than employee??
Posted By: Wandering MT on 2006-04-16
In Reply to:
I have always heard that you are paid more for IC status as you do not have benefits, pay your own taxes, etc.. but this has not been my experience. I have had numerous jobs offers that paid 7-8 cpl regardless of your status, which obviously is not worth it. From time to time, I hear other MTs saying how you make more if your an IC. Where are these companies??
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Employee status companies?
I was wondering if anyone out there would know of any companies that have employee status.
My husband and I are so close to being able to get approved for a home loan but the bank can't count my earnings until I have worked 3 years IC status with tax returns to prove it and I am only at 2 years but we are forced to move out within the next 2 months as our landlord is selling the house we are renting.
But if I can get employee status where my taxes are taken out for me (if MT companies even do that for work-at-home people), I only have to work 30 days and then we can qualify for a decent loan.
Any help would be GREATLY appreciated!
Thanks for reading my story.
VR Companies with Employee Status
I'm looking for a company with employee status that does VR. I have two IC accounts, but want something to do where I can have my taxes taken off. Any info would be greatly appreciated!
Thanks in advance!
What companies cut you off at 40 hrs if you're a FT employee? Any places let you do as much as
g
Does anyone know of any companies who hire PT employee status? nm
x
What companies offer employee status?
I'm needing to get health insurance through work and wanted to know what companies offer this. I'd prefer a company that required 1000 lines or less per shift if that is possible. The line rate really isn't that important as my main concern would be a good family health plan.
Any leads are appreciated! Thanks.
Y don't companies with employee and IC status stop the ICs from working
when work is slow? Is it because they don't want their FT employees to get enough lines to keep benefits? The ICs can say when they will work, when they will take off, so the companies should do the same for them. No wonder there is no loyalty to companies.
Any companies out there paying 9.5 to 10 cpl for employee status with bennies?
Please!. I am looking. I have 20+ years experience in all work-types, acute care, multispeciality clinic, 98% and above on accuracy, 1600 lines per day. I'm sort of desperate, but don't want to settle!
Any companies offer QA/Editor jobs (employee status)
I currently work as an Editor (IC) for a company that pays a rather low hourly rate ($12). I can only be considered for an increase after working 6 months if I average 300+ lines an hour(to $14). Compound this with the fact that there is usually no work.
I find it impossible to do more than 300 lines an hour while providing feedback therefore, I will never get a raise! I am looking to work for a company as an employee who pays well (hourly) whether there is work or not. I'm very concerned about not having enough work to meet my financial obligations.
Which companies offer PTO for part time employee status, along with contributing 401K, shift....sm
 differentials, and incentive based pay plan? I think I covered it all. Mostly looking for PTO as a part time employee. Thanks for your replies.
Anyone know of Escription companies that offer IC status. I do not want employee status but would
like to stick with the Escription platform at all possible.
Statuatory employee versus regular employee....
Can someone tell me the difference between a statuatory employee versus a regular employee? My company offeres IC or SE status....I am confused about whether switching over the SE would benefit me more than IC status that I have been for some time with them? What are the benefits and disadvantages of being an SE versus IC? Thanks for all of your help!
They hire both IC and employee. I am an employee (see message)
and I have full benefits. I am very happy that I came to work here. I came as a statutory employee from a large company. Everyone at MDI has been great to me.
Depends on if you are employee or statutory employee (sm)
Employee, 8th and 23rd of month
Stat. Employee, 15th and 30th month
Diskriter - Anyone go from their employee to hospital employee with them?
Thinking about giving up on being their employee and applying for a hospital employee position through them, they have one in PA right now that looks good. How is it for scheduling? Do you keep your line rate or get whatever the hospital pays? Who manages those accounts, is it the same PM and DR that are on the other ones? I have DR and feel like she doesn't have a clue what she is doing and it is so annoying, but I just don't have the guts to let the company know she needs to step it up a notch because the transcriptionists are not happy under her. Are QA the same people or through the hospital. They have 1 QA that is constantly asking us questions on doctors and format, things we should be asking that QA person. Annoying that new people move up to QA but people who've been there 2 or 3 years get treated like dirt and jumped account to account.
Only employee and statutory employee..no IC
nm
TransTech and Medware, are these companies considered large, medium-sized or small companies? (sm)
TIA
Yikes.. That is only inline with companies like Focus and such. "Real" companies pay their MTs
decent rate. I make over 5 cpl editing. So, if I got that slap in the face, I'd be outta there.
Do the research...most companies, and not just MT companies, do not pay for maternity leave...
we get time off but not paid...and I really don't even understand the point of you posting this...
How do you know which companies are Nationals and which are smaller companies.
Is there a list somewhere? I'm new to this.
By "most of the companies", I meant MORE than MT companies.
clarification
Sten-Tel is the platform. Different companies use it, pay and how companies run are different. nm
:P
Nobody said MT companies were not for profit companies. (sm)....
As MTs we are an important segment of what it takes for the company to thrive, but we are still just part of the whole structure.
Not trying to be argumentative, just think sometimes we get that "I'm the quarterback" attitude and forget that we can't get anywhere without our line men.
Companies that outsource to other companies?
Anyone know of any reliable companies that will outsource to American companies and pay a decent line rate? I am amazed at what the companies charge and then want to offer in this business anymore.
As an employee
I average about 8.5. They have an incentive if you type 12,000 in a 2-week pay period and that's not too hard to do on their system. Plus they pay higher on the weekends and at night (which I do on a split shift). I also figure the benefits are worth it because they use United, which I like the coverage in my area. All in all I am happy with them and I really like my team leader, that's a big plus to me.
Is this IC, SE, or employee?
nm
Yes they do, also employee and PT
positions were available when I interviewed 6 months ago.
Every employee is different.
I have found OSi to be very flexible. I personally do not work weekends. We are required to work holidays if they fall on your normally scheduled days; although, getting paid at 5 cpl extra. You can also request holidays off, which has never been a problem for me. I have never been denied on a request.
IC vs Employee
You will pay more taxes as an IC because of SSI, whereas as an employee, you do not (your employer pays half of SSI.)
You said you are an employee? Where?
Where are these 4 companies that pay $8K a quarter for bonuses?!?! Please, do tell!!
And provide enough work for you alone to do that much work?!?! Please, do share!!
When you are an employee, do you
If so, you are better off being an employee. Otherwise, the so-called self-employment tax cuts heavily into your earned income credit. It did for me at least, without having made a huge amount of self-employment income.
You can owe as an employee also
If you filled out your W9 form and put down for 10 dependents you would also owe or if your marital status changed or your deductions changed. All I am saying is that people think that because their employer is taking their taxes out for them they are not paying their own taxes. When you handle your own money, you just have to be structured enough to take out what an employer takes out. See your paycheck before and after taxes and see the percentage you are paying. When you get a tax refund that is YOUR money that the government has had for a year. You just underpaid. You can also overpay as a business owner or an IC and get a refund. But with the amount of deductions I have, I will never go back to an employee full-time as I would lose another 20% to the government and not ready to give that over.
employee or IC.
IC or employee?
I just checked their website and it states they only hire employees? It is possible to be an IC with them?
Yes, you can be IC or employee, nm
nm
Employee
Their platform is very productive and they offer full benefits to full-time employees. For that they do expect you to work an employee schedule as they try to have the coverage issues worked out. There have been some growing pains with work flow, but my experience has been they have been resolved quickly and certainly nothing chronic. They do not pay for spaces but I took that into account negotiating the line rate. The efficient platform and getting paid for headers also helps offset the spaces issue for me.
Is this as an IC, or are you an employee? nm
X
They must be as I don't do employee (nm)
@__@
Sorry.. Employee, soon to be EX, at MDI-FL..
Definitely need to clarify that.
Pay for IC vs. employee
I'm interested to learn the average difference in pay between IC and employee--such as, if as an IC I earn 9 cpl (65 char with spaces), as a regular employee what would be the equivalent? I'm guessing about 2 cpl less, so it would be 7 cpl as an employee. I don't need insurance though.
Thank you in advance!
IC vs employee
An employer generally pays about 20% in benefits and overhead for each employee which includes medical insurance, paid vacation, income taxes, 401K, equipment, fringe bennies. So yes, in the example you gave it would equate to about 0.2 cpl.
Employee only. nm
xx
Are you and employee or IC? (nm)
/
An employee. nm
s
Really? I am a former employee of one of those
companies and I know one of them do.
are you an employee? sm
if so they are bound to take out state taxes. If you are an IC, of course not. Oh-- and by the way-- you would have to pay your state taxes yourself anyway :)
P.S. And, yes, I was an employee.
And yes, taxes are ultimately the responsibility of the employee, but most legitimate companies withdraw taxes from the employee's paycheck. I found it difficult enough just paying my regular bills with the very low rate of pay this company offered, and it was impossible for me to also put aside extra money to pay for the taxes they refused to take out.
One of the reasons I decided to accept employment with them was because I belieevd of all the hype about them being best employer, etc., and I refused to listen to all the little warning signs that frequently popped up in my brain. I won't ever do that again.
Not the OP, but is she is an employee, sm
why shouldn't she get paid for downtime? If you worked at Burger King and no customers came in for an hour, yet you were required to be ready to service the customers, wouldn't you expect to be paid? JMHO
Now, if she is IC, she's out of luck.
Are u an employee or IC? nm
x
I am an employee
I have written a demand for payment and have not worked since not receiving my check.
Any advice on who one contacts regarding those in the legal end to contact would be most helpful if anyone knows this info.
Thanks!
IC vs Employee
I know this subject has been broached before... but, how can a company seek an IC, and then assign work each day and expect you to put in X amount of hours, etc. I don't understand this... I was under the assumption that as an independent contractor, you work when you want. You are providing the company with a service, you are not their slave and do not have to answer to them at a certain time of day. IC means work is done and returned in the manner the IC sees fit. When asked part-time or full-time, what is the answer when you are an IC? Anyone else having this trouble? I would love to hear from you... 
I also do not see how a company can put you at edit status, and then never give feedback on blanks, etc. How do you ever get out of editing? Is it the IC's job to ask about blanks when you are already receiving a smaller pay rate to be in editing and trying to make some money while learning a new account.
Are you looking for employee or IC
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