I did the math about 3 months ago and it was
Posted By: sm on 2007-04-05
In Reply to: Difference in Pay - anon
a 15.5% reduction for w/o spaces - this was done on 3 reports using Word and I've been told Word counts or does not count weird things that should be counted - but I figured the same 3 reports as one large document and checked it for a 65 line with spaces, w/o spaces, refigured again on a 55 character line with and w/o for both an MT rate of pay of say 10 cpl and also on a QA line rate of say 4 cpl and it all basically came back at approximately a 15.5% reduction. I had been told before it was 17% and it might well be 17% figured on a different line counter program - but if you do the math over a 2 week period or however long your pay period is - this can make a significant difference!! Good luck.
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Do the math. How many MTs do you have that (sm)
are actual OSi employees? Also, how many of those MTs are you losing on a daily basis?
there would be math! sm
Just kidding!
do the math
I have another a/c with about 30 MDs over the period of the week. No one does 20-25 reports an hour on this one either except Sat/Sun when they are doing all chest & bone x-rays.
Perhaps some day I'll work for a place where 20-25 reports an hour can be done. For all the places I've worked that would amount to 400-500 lines/hr. perhaps even 600 in some instances.
The cardiology interventional I do on one a/c often run 100+ lines. You want to take $1.75-2.00 for that? LOL. What is that, let's see 0.0175 to .02 a line. A 40-line CT @ the low end of $0.07 line comes out to $2.80. 20-line US is $1.40. Get my drift here?
Don't tell me about how good you are at shortcuts. LOL. You should be making a decent salary with a minimum of these, and should be making the big $$ for being REALLY good at this and for being a fast typist. Not a decent salary for both.
How are you doing your math?
Are you assuming 1o words per line?
Math
1000 words x .11 cpl =$110
1000 words x .10 cpl =$100
Any more questions?
Let's do the math ...
I do work for a company that pays me half a cent more per line because I am a CMT. So every 3 years I have to spend about $300 (i.e., about $100 per year) to maintain that credential. I average around 15,000 lines per pay period. Multiply that by 0.005, and I am getting an extra $75 every 2 weeks (or $1950 per year) for being a CMT. In my case, it's well worth it.
Do the math
You say you did 2 test reports in under 10 minutes?
If you do 3 reports in 10 minutes = thats a whopping 2.10 every 30 minutes or 12.60 per hour.
4 every 10 minutes is 16.80...
etc.
math anyone??
What I do know is that 22% of each report is spaces, period. So I am not sure how 54 characters equates.
Any math whizzes out there?
Someone help me with my math...
 Every 10 seconds of dictation is 15 lines. If I make 100 minutes a day for radiology at 11/cpl, how much is that in 1 day? Or is this equation incomplete? ugh.
Are you using new math?
If you transcribe 2000 lpd you would earn $150 at 7.5 cpl/200 lph
$150 pd x 10 days in a pay period = $1500
$1500 x 2 paychecks a month = $3000 a month (most months have 21 or 22 work days in them)
Assuming you worked 8 hours a day for 20 days in a month, your hourly rate is $18.75 for every hour worked.
I get the impression this is clinic work not acute care. It is harder to do 2000 lpd consistently on acute care, but not so with clinic after getting accustomed to the account. I don't know anything about this company. I'm just making an observation.
Well, I did the math for me
I make .075 cpl. New ISR rate for me 0.46875 (less than 5 cpl).
11001 lines at my current rate = $1045.09
11001 lines at my new ISR rate = $735.69
Net LOSS per WEEK if my production doesn't change= $309.40
Provided of course, I can even GET that many lines to type. I can't any more. I have NSA as I type this. There's not enough work NOW. No matter how fast you get at ISR, if there's no work to type, you make NADA!
Math ??? Not correct
16 hours a day at $50 dollars an hour times 6 days equals 4800 a week times 52 weeks equals 250,000 a year. But if you take 16 hours times 6 days x 52 weeks equals 4992 hours which if you divide that by your 100 K = $20 per hour. Not bad. And if you make 250,000 but only have 100,000 after taxes why work that hard for less than 50% of the pay.
I did the math a few weeks ago and it is (sm)
roughly a difference of 15.5% - I say 'roughly' because I did the count on Word and have been told Word does not give an accurate count - but used same program for the whole document and figured several ways....
Oops! Sorry can't do math..30%
Check out this math. LOL
Did you mean $5.50 per 1,000 words? If so, 1,000 words x 5 Keystrokes = 5,000 characters. 5,000 characters/65 cpl = 76.9 lines. $5.50/76.9 = just over $.07 cpl. It seems to be on par.
My math error, sorry. sm
But it is not for me, I don't want to do 2000 lines a day, 250 lines an hour, for 7.5/lines for $150. bucks. Burn out. Nobody should have to work like that to make a living not with the junk dictation.
but ya all go ahead..
No my math is fine
Actually my math is fine, been working with industry standards a long time :)
average 10 words per line
AVERAGE
and i'm no longer an MTSO. just a grunt who's happy to be one
TransTech and low/no work for months and months _ don't think there are continous holidays LOL
This HORRIBLE low/no work situation has been going on at TT for almost a year now. You can't convince me it is due to Memorial Day. Are holidays now assigned in this world to being daily.
That is an excuse these companies use in these no work situations, but it is due to their OVERHIRING. Holidays just come on a daily basis, but LOW WORK/NO WORK is happening and has happened going on a year now at TransTech. Always asking to flex into the middle of the night, EVERY weekend, etc.
The TT mgmt checks are NEVER affected, tho, so they can continue to HIRE EVERY MT who gives them a call, and create a NO WORK situation for all of us. The newbie MT's are cheering at first, but then realize that it hit them in the paycheck, too, and very soon it did!!!!!!!
Wow, sounds like someone's been doing their math homework.
I bet you grabbed your calculator immediately after you read her post and started punching in numbers. LOL! And you all talk about Happy OSi'er having too much time on her hands? You apparently have plenty of time on yours too. Get a life!
Correct my math if I am wrong....
I have calculated that 22% (on average) of a report is spaces (by manual count). So...if we have to cut out half of the spaces...that is an instant pay cut of 11%. OUCH!!!!!!!!!!!
Apparently they do not think we are capable of doing the math.
The math is there and it is not pretty!
I've never been good at doing the math... SM
Thanks for doing it for me. The definitely is way too low.
Fuzzy math. A 40% cut in pay is not offset by a 40% increase
in production.
To break even in this picture, you would have to have a much greater increase in production. IF you currently do 2000 lines a day at 8 cpl, and your new "blended" rate pays 4.8 cpl, you would have to do 3,334 lines to break even, or at least a 67% increase in production. Do you all really think you can do it?
that s/b math, didn't mean to sound ugly.
Augusta Medical Transcription -- help me do the math (sm)
Augusta has a job advertised $1.25/thousand characters, 65 character line including headers and footers. So, that's equal to a little over 8 cpl -- right? I have never seen a company state pay in such a way.
Any math wizards out there that can help..Based on a 65 character line,
if you were not paid for spaces, what would 11 cpl (w/o) equal? It sounded good, but when I did the math it was lower than 8 cpl with spaces? I hope I'm not right.
Sorry I know people have asked this before but I couldnt remember answer.
I am not slow, and there is no reason to attack me. Simple math says that if you sm
can type 300 lines per hour @ 9-10 cpl versus 6.5 cpl, which place would you go? If you cannot figure THAT one out, perhaps it is not me who is slow.
perhaps math is your problem. 375 lines/hour x 0.08 = 30.00. totally doable.
m
If you figure out the math, 135 words equals 12.5 lines a minute...sm
12.5 lines a minute equals 750 lines an hour. Anybody make that?
My company has been low on work for months and months..sm
Tired of getting the same ol' message that things will pick up. I remember the days of bonuses, making money and being able to pay my bills! I am also wondering what is going with these companies not having work. Is everybody sending work overseas?
54 without spaces = 65 with spaces if you do the math nm
nm
I have been there for almost 4 months..
I have only seen 1 MT leave from my training group, but that was due to a personal health issue.
going on 4 months now
up until last month i had plenty of work. now none. it doesnt matter anyway, they will all be going to editing and then you will only get paid 4 cpl. You will NOT make as much as you did typing.
Four months ago. nm
nm
seems like it was about 2-3 months
but i'm a slow learner too. Still, it takes time to build the shortcuts, and for things to become 2nd nature...
What happens after 8 months?
I'm an IC, so wondering if they'll use and abuse me, and then at 6 months, when it's time to renew my contract, they'll say no thanks after I worked my rear-end off to get them up and going on a new account.
Actually, reading the MQ thread about the % productivity is making me wonder if MQ adapted that from Transcend. You know, one recruiter I talked to mentioned Transcend buying MQ ... hmmmm.
Is 6 months enough for you?
I did not say they left because of no work. I was pointing out that yet another MT did not like the platform. That makes 4 MTs (and I am sure there are many more) who think the platform is hard to use. I know there are current employees who like it or just have nothing to compare it with. The 3 I personally know about all commited to at least 6 months (one was with them over a year) before making a judgment, and they did not feel they could get comfortable enough with the Amphion platform to make a good line count. These are not disgruntled ex-employees. They left under good terms and all said the people were great, but that does not pay the bills. With all the complaining I read on this board, I just think MTs should get all the facts before they decide. Everyone needs to make their own decision. What is a great place for one person, may be the absolute pits for another. But making it sound like it is the best place on earth is also misleading.
been with wmx about 7 months and..
I'm sorry to hear you guys have been having problems with the lines and hours at WebMedX. I hate to say it, but oh my gosh - have I been in that boat. I was at 40 hours but then cut back to 35 because I was literally working 10 to 11 hours every day just to make 8 on the clock AND working on my days off, researching ways to make more normals and Expanders and raise my counts. Some days I was literally so frustrated I just wouldn't even work. I am now usually around 175-190 lines an hour but I only work on 2 accounts right now and one of those is the one I was absorbed from and where I had worked for 13 years. FYI: I am now working twice as hard to make half the money I did before. The only advice I can give you as a 33-year MT, is to make as many normals as you can - and really, really be creative with ShortCuts. ShortCut anything you possibly can. I actually think I type in my own weird shorthand now. I believe there are so many things which are actually logical to shortcut that people never think of - or at least I didn't until I was forced to... If there's anything I can do to help, actual shortcut suggestions or anything, please email me or reply. I'd be more than glad to help if I could.
I have been with them going on 7 months sm
and they are such a wonderful company. There are things that could be better but the managers and the QA staff are simply great. I think they are probably the fairest company that I have known and I have worked with a number of companies. QA does not beat you up; they are more on a mentoring type of level and do not belittle you. The account I do is hard but I know some that have been on 100% for many months and they still treat them very well.
Anyway, would recommend them highly to any good MT.
Naming a particular time for being on 100% would not really be fair because it varies with so many things, but the fact is that the company does not hold it against you if you are on QA for a long period of time. They know the difficulty of several of the accounts.
about 6 months ago...
I was offered 8 cpl, but that was just for the first 90 days. After that you go into their payplan, and can make either more or less. All depends on your lph rate, QA score, how many reports you send to QA and I think something else.
It was less than 6 months ago - sm
Doubt very much that anything has changed for the better since, and I have EVERY right to beat the same drum for what was done to me. Until you have walked in my shoes, you have nothing to say about what I post here.
It took me months. Sorry:(
nm
Months for me too
I actually worked for them when they were still Edix and I think it was at least 2 months. I even got a letter from them probably a month or so after returning the computer telling me that I needed to return the equipment in order to get my money. Could never get in touch with anyone, but I eventually did get it, just months later
two months in this.....you probably don't know it all yet
I make a higher rate of pay for being an IC as I do not get paid bonus or benefits. Everyone has different reasons for why they want to be an IC. For me....I made too much money to not take the write-offs (I had to take them to avoid paying a high tax rate). I have had to incorporate as well. Not that I wanted to, but if you make high dollars in this field, the more tax shelter you have the better.
First off, it is going to take you 9+ months just
to get your schooling. Depending on how well you do you might be able to get a job working at home right away, but most likely you will need to get 2 years' experience working in-house for a company or in a doctor's office. There are may newbies here working for jobs without success. Once you do graduate and if you have good scores, you can post your resume on the various job sites. You'd probably have more success that way, as lots of companies don't post openings but hire from the resumes.
It was about 7 months ago.
x
I have been with MDI for about 4 months and
I really love it! As for LD, I am on a wav account, but my LD with Verizon was only about $30 per month (Freedom package). However,I just had it taken off because I have wav accounts only. Work slowed a bit over summer, but it seems to be picking up now. Great people! Pay always on time via DD, and statutory IC status, which is really nice 'cause it saves you paying both sides of the Social Security tax. MDI is the best company I have worked for and I have over 30 years' experience and have worked for 3 different MT companies. MDI is home for me from now on and there are not too many MTSOs you can say that about any more.
Been there 7 months
I have been with them 7 months. Made 2 small raises so far and always have work. I work on 3 accounts. Everyone is always professional and prompt and accurate when I ask questions. QA department could be a little bit more in sync with each other, but they're pretty good. I am a newbie and have been mentored well and given this opportunity 2 weeks out from graduating school. A lot of more experienced MTs may not choose this company as they have no benefits (all IC) and don't pay the greatest, but I am extremely happy and have my line counts slowly but surely rising and am on accounts where there are about maybe 30-50 doctors each (just a guess), and I get repeat ones all the time. For me, nothing but positive. Good luck! Becky
I was there about 6 months....
very low pay and I was stuck on ER work only, but there are several different accounts. The people were nice enough, IC status, paid once a month. One of the worst things was getting e-mails from the account manager, most of them would be in capital letters, i.e., I NEED EVERYONE WHO IS SUPPOSED TO BE WORKING TODAY TO BE WORKING! Talk about annoying! Also, they used WP 5.1 and you had to save everything on a floppy disk...talk about antiquated! I hope it has changed by now! A friend of mine also only lasted 6 months. They keep track of your lines, but when your paycheck comes there is no documentation to go along with it, and my counts were always more than what they had documented....hmmm. When I worked there they required 120 minutes of transcription a day to get the full cpl rate of pay. The ERs I did were mostly 1.5 to 2 minutes long. Hope this helps a bit.
Sorry, but two months ago.......
I would have agreed with MQ MTr! I use to read how peopler were running out of work and would think Boy, am I blessed but now I totally relate to Summertime! I have consistently ran out of work for the last two months and this has never happened to me the entire 9 years I've been employed with MQ! It was a great company in my mind but here lately, I'm not thinking that as often. I believe I would try another company if I were Ginny. Good luck!
SPI had one like that. Six months in and
she still didn't know echo cardiogram from electro cardiogram. And they SAID she used to be a medical records department head. If so, I pity those guys.
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