My bank did it when it merged with another and I did not find out
Posted By: MTSO on 2006-01-12
In Reply to: shouldn't the owners have made it a point to ask - when the funds would be avaiilable? Even I know to
until I got their notice of changes two weeks after they began. It was my personal account and both my mortgage and car checks bounced because of it.
Complete Discussion Below:  marks the location of current message within thread
The messages you are viewing
are archived/old.
To view latest messages and participate in discussions, select
the boards given in left menu
Other related messages found in our database
In the Job Bank, company from Phillipines ..CYPHERSCRIBE INC. trying to find new clients.
What part of MT jobseeker's don't they get. They need to solicit work on another board. Why would we want to offshore to them.
It depends on your bank not Keystrokes when they post it. When your bank opens it will be there, ar
Hope this helps. Their payroll department is very efficient. In fact, I feel dumb beside them. Very professional (not that they make me feel dumb).
MDI-MD has not merged.
x
Does anyone know which MDI merged with
The MDI in Maryland or Florida?
Thanks.:)
They merged as of 08/09/06. In a few months,
from what I understand Cymed will be called PSI. So far no changes at all for MTs. PSI Transcription is a Philippine-based company that was purchased by an American Company and is headquartered in Nashville, but on their web page, it says USA, Philippines & India. Yes, they outsource - but so does CyMed and, so far, CyMed has been a great place to work even with the outsourcing. Their line rate is about the same as everywhere else (around .08/line base) with no pay for spaces, but their software is so good that you can still make pretty good money. I'm happy there. Good luck to you!!
No, MDI-FL merged with Transcend. nm
They actually merged after I worked for them.
I am not sure in regards to insurance as I didn't need it. The recruiter will answer all of your questions. I was doing VR and some straight typing. Once you adapt to their program it is a nice set-up if you like VR. I would STRONGLY suggest contacting the recruiter. She is very, very nice and she will answer all of your questions up front and be very honest. I even asked account specific questions, and she was willing to give me the information. If she does not know, she'll find out and get back to you. If you truly want facts and not just opinions, contact the recruiter by e-mail. I found her to be very, very communicative. I am not allowed to divulge what I was making there as I signed a paper saying that I wouldn't. I think it is safe to tell you that if you have experience, they pay very well. They paid me what I thought was near the top of what is available in regards to pay from nationals. Just e-mail the recruiter, she's great!  You can also e-mail me if you'd like.... 
Formerly SecureMTSource merged with
x
My company merged with MD-IT
a few months back. So far - so good. At this point, I don't have anything bad to say about them. Good tech support. Very helpful and good natured support. Personal opinion here - I think their platform could be tweaked for optimal time management but overall is not bad to use. Pay on time and when they say it will be there. No problems of any kind for approx. four months (time gets away from me and I think it is about four months).
Yeah. They merged with SM
MRC and MRC became part of the Big Q.
Look for the Transcend posts. They merged with
that company.
Me three. I think they merged with Northeast Transcription. nm
.
I think they merged with Transcription Ltd and became MedQuist. nm
xx
Apparently WebM has just merged with M-Tec
I've heard some good and some bad about WebM, but you would need to find our for yourself through the recruiter. I would stay away from companies who are not willing to answer questions before you test. It will save you time. There are plenty of companies out there.
The funny part is I did have a good experience with Transcend albeit they offshore I guess, but I loved the recruiter. I had to leave for personal reasons (death in the family) and when I went back a month later to try and get through the training process, I was told the schedule had changed. This would have been an employee position. I appreciated the honesty, but I could not work that schedule they offered. They were great though in my opinion and I have 19 years in the business.
When my company merged with a bigger one,
cpl pay stayed the same for a while, but eventually they readjusted the 'tiers' that their MTs worked on. No matter what 'tier' we were on, our pay was lowered approximately 15%. QA took a harder hit; some of them were cut 30%. They have plenty of work, but it's impossible to make a living doing it, unless you work 7-day weeks, 365 days a year.
So I would venture a guess that for the time being, things for you will stay as they are. They can't change everything at once, even if they wanted to. Physically impossible. But after the initial 'shake-out' of MTs who leave immediately, and those who stay for a while until they find other jobs, and those who stay to give the new company a chance, get disenchanted and leave later on, has finally occurred, and some of the other nuts and bolts of merging 2 companies are finally in position, eventually they will start to scrutinize MT pay. Those at the higher end of the pay scale will undoubtedly either find themselves re-tiered at a lower cpl rate, or else with horrendous accounts that cut the lines they're able to produce, and thus their pay.
Having just spent $16M to purchase MDI, you can bet they're going to want to start seeing some returns on their investment, and of course, the suits are going to want to see some extra cash for themselves for all the 'good work' they've been doing. [snort!] So when they start looking for places to cut their costs, guess whose pocket it's going to come out of?
The big companies are ALL this way. I believe the best chance for a decent-paying job is to find a small or medium-sized MTSO to work for. Only problem is, that's what I did a few years ago. A great company, decent pay, good accounts. And they were gobbled up by one of the current 'Axis-of-Evil' MT giants.
I wouldn't be surprised if in the future there are NO small MTSOs -- only 3 or 4 of the mega-large 'McMTSOs'. My company makes it no secret that they want absolute domination of the industry. I'm sure the other biggies have the same aspirations. Then it'll all boil down to cutthroat competition, price wars and back-stabbing, all the while flinging U.S. workers aside, and sending EVERYTHING offshore, because if hospitals no longer have a CHOICE whether they offshore or not, that paves the way for MT to become a 100% foreign affair.
I do believe, however, that if a company reaches a point where it has all or most of its workers offshore, they should no longer be allowed to have their offices on U.S. soil. They should be forced to move to India completely, corporate offices, CEOs, and all. It's about time the Suits developed a taste for curry, themselves.
When my company merged not too long ago,
in the beginning nothing changed. It would be impossible to suddenly change things overnight, and the dust needed to settle.
So we still worked as if we were with our old company. Same accounts, same software, same management, and paychecks had the same old company logo on them.
Eventually we all signed something - I don't even remember what it was, but nothing, obviously, that made any kind of an impression on me.
We eventually changed insurance companies - several times. Each time, the coverage shrinks, and the co-payments grow.
We had a few teleconferences in which the new owner spoke of the new company, and the changes we could expect in the future. (One was that we could expect to make more money on their new software. That didn't happen).
Bit by bit, changes were made in things like the software we used (many changes, as time went by). Changes in the website, a few changes in management at a time. They weren't all let go en masse, but one by one, our wonderful managers 'left the company'. Different QA people, finally a different logo on the checks, etc.
They changed from paying by the keystroke, to paying by the line. I was suspicious of that, but checked the new method against the old, and the pay was the same. Until, of course, they eventually 're-tiered' everyone, and cut everyone's pay - MTs, VR people, and QA.
We did get emails from the new company, but not that many, just when needed. I don't remembe4 how long we waited before we heard anything, but I don't think it was very long. Most of our information at first came through teleconferences, and through our immediate supervisors. I would say the supervisors are the ones who provide us with 90% of our information.
We lost an account or two, gained an account or two, so I didn't see any change in workload, other than one of the accounts lost had been mine, so I had to move on to something different. I don't like working for a company that offshores, but although my eyes are peeled for something different, I do have to keep working while I look.
Some people left immediately, others later on, and of course, new people have been hired. I do notice a slightly higher amount of ESLs and less-desirable work, as I'm sure the better work is going offshore. The software changes were like any software changes I've ever experienced in MT. They're all the same, really, just a few different buttons to push. Each has it's pros and cons. I personally liked the simplicity of the old software - you have to jump through more hoops to do simple things like add addresses for carbon copies. Eventually, things actually levelled out a bit, and I was starting to increase my lines on it, when we were hit with a substantial reduction in pay with the 're-tiering'. I haven't been able to overcome that obstacle to financial security, and so my search for either a 2nd job, or a new one altogether, has taken on a new urgency.
It's impossible to tell what new changes this place will throw at us in the future. It's been a quiet summer, but I suspect more changes will thrown at us before too long. I wish I could say I'm optimistic about the future, but these days that's pretty hard to do.
My best advice is to at the very least, have a 'Plan-B' in mind in case things at the new place don't go the way you need them to in order to survive. I would say don't panic or make any rash decisions about what to do next. Whenever I've done that in the past, I've regretted my hasty move. But be vigilant in keeping abreast of changes as they happen, research what you can, and check their website often for changes. Often the first news of change goes to the clients, not the MTs, who are always the last to know everything. And don't let your guard down, either. Big companies are always out for themselves, not the employee.
Is this an article somewhere? I thought MD-IT merged with SOAP in
s
Proveros has merged with Superior Global...nm
xxxx
Superior Global merged with Proveros
Is this a good thing for the MTs? I've read mixed messages about both of them individually. Do you think together they will make a really good company?
Okay..I'll give ya that one. I came from the MDI side as it merged with Transcend so...
I was offered more than 4 cpl per line on editing and I'm not sure why if everyone else prior had been given 3 cpl. There is no way I would do editing for 3 cpl and trust me..coming from MDI into Transcend was not happy days for us. The biggest problem that I did have was when I found out our work was getting sent to India. Nothing is worse than being told we share work with our overseas partners and have too many days of no work. I have no doubt where it was going. So, never having come from the Transcend side, where you came from, I'm only going to relay my experience and apologize if that is what actually happened there. Yikes..I rely heavily on the MTs and supervisors who came from MDI because I know they watch our backs.
Did find a Wright Watson Sten-Tel in Austin if their site isn't old. Find 'em with Google. nm
s
where is the job bank? please? nm
nm
OSI has no PTO bank
OSI has no PTO banks and has stopped paying extra for holidays. You will be paid extra only if you type minimum line quota which is impossible because there is never any work on holidays.
So what companies have PTO banks or other benefits for holidays? That was the question. Thank you.
Trying to find info on Encompass on this board, can't find any recent. sm
Anyone have any current info. Any employees out there? Give me the low-down if you can! Thanks a million.
Oh sure, I'm the CEO and I own a bank, and part of the
London Bridge, and all that good stuff. SHEESH! You all ask for some good things about the company, but through your crystal ball you see the future. I still say, go ahead and leave...you'll find out soon enough that all is not well with other companies. I know - I've BTDT. EVERY company has editing positions now - it's the next phase of transcription, but never ever will ALL transcription be done by this method. I will continue to transcribe with a POSITIVE attitude, while you and your "Current Transcender" buddy leave and live with a NEGATIVE attitude. Good luck to you!
Your bank should cover you for the
fraudulent use of your card. In the meantime, please file a police report on your daughter's friend. The ATM should have photos of her. Good luck to you--that's awful.
It's in their bank account, not yours
I, too, struggled with the 401K plan at Medware because they are about 6 months behind in making the employee contribution. I finally withdrew from the plan because I could save more money on my own.
post is still in the job bank
nm
It is DD and usually in my bank on Saturday before
.
Depends on your bank
NM
Job Seekers/Job Bank
I never really noticed how many were coming on a daily basis before. They obviously haven't flocked to the other board. I think they have 7 postings for the whole month. Maybe companies just aren't hiring as much right now. I didn't notice the Job Bank before you said that. I never even think to look there. Maybe companies aren't thinking to post there, either.
you called their bank or yours?
x
I wonder if it is a bank thing?
See if they release the deposit before 2pm on Friday I get it on Saturday, but if they released it after 2pm I would not have gotten it until Monday. Maybe it is a bank thing?
mtjobs.com and the job bank here..sm
Both have employee jobs listed. I know Med-Scribe, Focus (don't automatically count them out, not all have had bad experiences), WebmedX, eTransPlus and a couple others are hiring employees.
Could the MT also take it to a branch of the bank...
On which it was drawn, and would it then be stamped NSF? I was thinking it might save her some money for that bounce-back NSF fee, provided it's drawn on a national bank like BofA or WF where there might be a branch close to her home.
I've never had to do this (thank goddess!), so I'm kind of taking a shot in the dark here.
MRC seems to be new around here & has an ad in the Job Bank with an Indian contact. Don't know
s
I had the same thing, not bounced but not in the bank. Will never do
it again. Once may be explainable. Twice or more there is no excuse.
I am able to pay my bills as have money in the bank but
I really would like to be able to get the check when it is due. Direct deposit and just checked, still not there. I love my job and really make a decent salary as opposed to some who are not but gosh, looks like we could get when we are supposed to. It is not like we are not paid, just not on the date we are told.
Mine is in my bank. I just checked! nm
m
Job bank used to have 3 or more pages of jobs.
x
if the check is from an out of state bank,
they usually put a hold on it.
If you have the funds to cover the check, put it in savings and transfer savings to checking. That way the hold is on the savings account.
it is not unusual for a bank to hold a
check over a certain amount for up to a week.
Are you saying your bank put a hold on your check - sm
Or that your employer is telling you that your check didn't clear because their bank has placed a hold on the checks?
I'm asking because I worked for an MTSO who would always pay late or bounce checks and claim it was his bank's fault as they were placing extended holds on his deposits thereby funds not being available - supposedly.
If it is your bank, then yes, they will place holds on the check until the funds clear the bank - anywhere from 3 days to 2 weeks, depending on their policy.
If it is the MTSO, run, don't walk, away from this company. I had this happen to me back in 2005/2006 and believe it or not, it is still happening and it is amazes me that companies like this can continue to do business this way.
bank account freeze
To anyone out there who is considering working for Preferred Transcriptions in Pennsylvania, I would say, keep far, far away.
My bank recently notified me of a 15-day hold on a check of theirs due to the account being frozen which means that it has a hold on it due to creditors. On top of that, they never pay on time. Most companies will pay in two weeks but here it is always at least three weeks after submission of invoice.
Have had no satisfaction from the company who are basically putting it on me. They said the check has cleared but refuse to provide documentation and are now ignoring my e-mails.
Will probably have to go to small claims court and just maybe, I will get my money. javascript:editor_insertHTML('text','');
She's having a good laugh all the way to the bank
Aren't you the one that signed on???????? The jokes on you MT.... You alone darling! Have fun when the work runs out, and then you'll realize why these other MTs posted about TTD's scam in the past, and now trying it one more time to see if she can find any other suckers to work a set shift as an IC.
My 401K is in the bank and nothing has been lost
that way.
Wow, where do you bank? Mine is not there yet .. getting a bit nervous. :( nm
Jobs Bank Offers
JUST SAY NO TO FIVE CENTS PER LINE!!!!
ESL??? Good Dictator????
IT DOESN'T MATTER!!!!!!!!!!!!!!!!!!!
I was making 5 CENTS PER LINE BACK IN 1989!!!!!!!!!!
I don't know about the rest of you, but I sure can't support my family on the same wages I made back in 1989, now, in 2009!!!
This is TWENTY YEARS LATER!!!!!!!
In 1989, my rent was $350/month.
In 2009, my mortgage (signed for in 2003) is $850/month.
I live in a house that is now considered to be in a
*low-rent* area!!!!!!!!!
Yes, I'm mad!!!!!!!!
JUST SAY NO!!!!!!!!!!!!!!!
Ya know, my grandmother always said talking to yourself means you either have $$ in the bank, or
you're losing your marbles!! Will the real MQMT please stand up? or sit down?
Mine also can't seem to get the amount right and it is always the bank's fault. sm
right!
I know personally that when DD hits the bank, I can take it out right then and thus withdrawals can
It does not take 3-5 days. That just is not so.
As far as it being the MT's fault, it is the MT's fault only for relying on their DD to be there! Sorry, but when DD is supposed to be in there, it is supposed to be in there. I have two bank accounts, one is for bills only and that is the one where the DD hits. If my DD were late, I would incur charges. Luckily I work for a company that pays on time and you can always rely on them to have that money in the bank on time.
Unfortunately, some of you work for the MTSO who apparently cannot do that and apparently there are more than one of them.
They should offer to pay your late charges due to their lack of responsibility. However, when the MT has had this happen once, I would hope they would learn their lesson than to rely on doing it again because apparently the MTSOs that do this have no conscience.
|
