IC Status-a bit scary
Posted By: MT in transition on 2009-10-06
In Reply to:
I am going to be switching to IC status soon and was wondering if anyone who is already working as an IC can tell me what kind of line rate I will need to compensate for all the taxes I will have to pay, especially both sides of the social security tax. I am SE status now but that is probably going to change and employee status is not for me. I know taxes vary from state to state but what percentage of taxes do you average when taking them out of your gross paycheck each pay day. TIA for any information.
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Agree..with IC status, equip. is your responsibility; employee status - you should SM
not have to pay out-of-pocket for use of their equipment. I would never work employee status for a company who required me to purchase or lease their equipment. The only thing I would find acceptable is to have a small security deposit taken out of paycheck when starting with a company. This will protect the company from those few who might abuse the equipment.
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.
Employee status w/benefits vs IC status??? Dilemna enclosed
I am caught between a rock and a hard place and figure this is the place to get the best advice from those in the know. I have been an IC for the past 5 years and love the flexibility but was interested in a job with benefits. I started a new job about a month ago with good pay (2 lph more than I was making) and benefits......very happy with company but as an employee, obviously have a schedule. I am working both jobs currently and starting to burn out. On the new job, I am struggling to get the 1200 lines per day required but on my old.... I can easily get 150-400 lph depending on the dictator but again, it is IC and less lph than the new job. Obviously, the platform is different and not paid for template headers/footers wheras the old one, I am paid for those. Now to my question. Is it just me? Is it because I really enjoyed the freedom of ic status and therfore seem to be struggling? Anyone else experienced this before? Tempted to go back told job and lose benefits/more pay because in the end, maybe it works out be the same pay because of amount of time I spend getting the job done? Not sure if this makes sense but hoping you can all offer some advice!! TIA
wow - now THAT is scary.... sm
Something to consider when giving out our private information...
I hope you hear from her soon.
This is scary:(
Anyone way out of line could do the same with any company for that matter. If someone asks a question and wants a truthful answer some flake out there. However, I think if posting as a KS recruiter they should actually be a recruiter. No need to be playing head games with fellow transcriptionists.
scary
I've been posting for months as zzz on the MQ board and I'm not concerned or upset that another zzz is posting. I find it kind of strange, though, that I'm aligned on most of your philosophies. You're a little more aggressive, but I do agree with you on many things including this subject.
The whole cesspool concept is outrageous and I really have no respect for a company who thinks this is good for anyone. I know the idea was to prevent anyone from running out of work (no downtime pay for MQ to worry about too), but...
Anyhow, I do what I have to do for me. They did what they had to do when they took over $300 away from me a month with no warning (daily bonus), so I shall follow my leader.
Now THAT'S s-s-s-sc-sc-scary!
nm
I know, it's so scary when they
screw us over with pay cuts year after year. You're giving me an ulcer worrying with you, LOL. I hope everything works out for you and you're able to make enough money. If not, don't be afraid to move on to a different company. Gotta do what you gotta do to support your family. Crossing my fingers for you!
The scary thing is that quite a few of the
scary people on this board ARE MTSOs. I've seen more than one nutjob running around screaming and ranting to people. "Well, I'd never hire you to work for me!" GOOD!! I don't want to work for some psycho chick with a bad attitude anyways!!! The real shrews expect endentured servitude, don't pay squat, and have poor business management skills. If you're an MTSO and you're taking this post personally, well, I'm probably referring to YOU.
Scary, huh!! I agree:)
nm
You means this are scary?
nm
Scary thought.....
I was actually hired by them and due to begin training when my current company begged me to stay. I'm only making a little less but the benefits are SO much better!! 10 vacation days the 1st year, 6 paid holidays and sick time earned each pay period. And they were willing to agree to my schedule!! I am so happy now after hearing this!!
So true, it's scary! - nm
.
Yeah, I found that a little scary - sm
I do think though that a lot of places do that and just don't tell you - small MTSOs, of course. I don't believe it's the right thing to do though.
LOL, I agree! Some of these people are scary. nm
x
scary name. Probably hire "typists". nm
x
Ew - kinda scary! Thanks for the warning everybody. (nm)
(nm)
The scary part about the new program is (sm)
we will get to see how much time we are actually wasting when we think we are working. - phone calls, interruptions, etc. Many of us who claim we are working 8 hour days are probably working 6, and I'm probably one of the guilty ones. I think it will motivate me.
This is scary, I was recently hired :( nm
xxxx
what is scary is when they threaten to release
confidential information, basically extortion. I guess what I meant in regard to offshoring the work is when they have depleted their staff, what other option will they have?
Wow, you are scary. It sounds like a good thing for
TransTech that you moved on. Good riddance.
The scary part of that is you never know what account you will get when you go with a new company.
That is what worries me most right now leaving my job. I know my accounts. Companies are not always honest about what account you go on and if they have long time MTs they probably have the best stuff so you get what they dont want.
Scary! Wonder what info they are trying to get? Or is it just to peeve off some good MTs?
Isn't it scary how quick people are to go for the jugular
? I think saying west coasts accts are all scary sm
is an overreaction. I've seen Florida, Texas and other accounts that were horrendous. 60% ESL estimate is really not bad at all.
goodness that IS scary, patient records sm
but also the allegations also reflect on your services as an MT and that is BIG, not sure how long been there. It would be important to clear your name in writing. Hopefully you kept the folder as records of truth. So this was a private client you were working for?? as opposed to a national MT company huh
My boss waited a year or more a few times. Scary. -nm
x
VERY astute! For more scary info. on research & development, (sm)
go to Acusis' home page, click on Careers on the upper left-hand side, and then read the description of the Research Scientist job they want to fill. (In INDIA, of course!) Main interest seems to be word-rec, artificial intelligence, etc. And that word evangelize raises the hairs on the back of my neck.
That's kind of scary. Rose was very nice to me, but then I guess sm
everyone is when they are trying to get you to take a job. The pay seemed decent for being an employee, but if the line counting method cannot be trusted, then I'm not sure that is so great either. And I'm a bit nervous about not having direct deposit. I have heard the check is in the mail story before ... ugh.
Thanks to everyone for your input. It certainly gives me something to think about. 
If you call being ripped off for more than 5 grand harsh & scary?
grow some guts. Unfortunately, this is profession has become a cut throat business, and if harshness is what it takes to get paid, then so be it. We are all just trying to survive here on the piddling pennies with which we are compensated. This MT is an extremely dedicated, hard-working MT whose business has been destroyed by ***********not paying for services rendered. It's unconscionable. It is not meant to be a threat, but rather a forewarning of what it yet to come.
Agree, scary.. and dangerous. Glad I have tons of
nm
This drama NEVER ends! It is SOOOOOO scary, and so boring at the same time!
Now Lee will come on, with an empassioned plea to please call her, and yada, yada, the misunderstandings. This person left, or that person left, or now a new bolt of lightning. It is getting ABSURD to have this regurgitated at least weekly on this board! Same old, same old. I would NEVER work for Keystrokes, and can't imagine anyone falling for this saga and applying. Something is VERY wrong in KS land.
This company is scary, already sending out packed to us with terrible errors in it, and we TT MT'
are to have confidence in this company who does our payroll now, takes care of HR matters, etc. The other HR company had done such a great job for us. Just a little frightening, especially in regards to paychecks being correct and on time.
IC status
I am an IC with Medquist and my base requirement is 4000 lines per pay period (paid twice monthly). This is also required to qualify for reimbursement of a second phone line. An important thing to remember with MQ, however, they are very office-oriented, meaning that each office sets many of their own policies.
IC status?
Didnt think MQ had IC status anymore. I was one and was told about five years ago I had to switch to SE or employee that they no longer had IC status.
Looking For PT or IC PT status..sm
Been running out of work and looking for something to make up for the lost income. Does anyone know which companies are hiring PT or PT/IC status? Any info would be greatly appreciated.
PT/IC status
I have heard that www.rapidtranscript.com is in need of people for the basic 4.
I'm an IC. I don't think they have emp status.
They're in Stroudsburg, PA. you can find them address by googling.
IC status
Can anyone provide info on companies who do not require a schedule or line requirement?
Need to know your status - are you IC
Makes a big difference as to how she can treat you. What is your status?
SE status is
statutory employee, which means that the company will withhold your SS taxes thereby saving you paying both sides of the (I think almost 15%) when you pay your quarterly taxes.
IC status
While I understand the need for a commitment, lately I notice a big trend toward hiring of ICs with very specific requirements and I have been confused about this also. It just seems to me like the service owners want their cake and eat it too. Employee commmitment with no employee benefits or guarantees of work. What is that? What I don't understand is why so many MTs are willing to accept such rigid requirements at pathetic line rates on top of it. Personally as an IC, I would only guarantee X amount of lines within a 12-hour window. MTs who produce quality documentation need to not sell themselves short and demand what they are worth. It all goes back to the facilities getting what they pay for.
Are they IC status?
nm
non-IC status
Does anyone know of a company who is hiring PT status where you don't have to work as an IC? The taxes are just a pain to take care of and I would like to continue a PT job but just havent found a company offering anything but IC status.
IC status
This sounds like D&L typing as well. Must be many out there doing it, and someone allowing them to get away with it.
You mean from OT status?
If you mean has it slowed down since the OT that was required for quite awhile recently, yes, it is back to normal work now, at least on the account I am on.
What is SE status?
NM
se status
I have been an SE before with benefits, and I did not have the freedom to choose my own schedule. The only difference in employee/SE was that I supplied my own computer - thereby making me eligible to count my home office. Otherwise, I was just another employee.
It's SE status
It's a great company and great line rate, but no insurance or benefits, so if that's really what you need you'll have to look elsewhere.
Still, if IC/SE status, you can't always
work as much as you want because if they have FT employees, they get first shot to meet their required lines, hours, etc.
Ic status
I emailed one of them and asked how they could advertise for ICs and then dictate the hours and shifts. The response was that the job is IC because you have the choice to not accept the job if you don't like the hours!!! are you kidding me? I wish people would start to report these companies to the IRS. Again as long as they can get away with it.......
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