Sign on bonuses-What's the catch?
Posted By: GG on 2007-10-24
In Reply to:
Hi. When a company offers something like a $1000 sign-on bonus in one of their classified ads, what conditions do MTs usually have to meet to actually qualify for just such a bonus, and if those conditions are met, how long does the MT usually have to wait for the bonus? I am personally not looking for a new job right now, but when I see those adds, I ALWAYS think - Yeah, right, what's the catch?
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SIGN-ON BONUSES
Not all companies that offer a sign-on bonus are bad news. Typically a company will offer a sign-on bonus if they are looking to fill positions quickly. A lot of times, this is interlinked with a new client/account go-live. The company wants to make sure they have enough MTs for the go-live. A sign-on bonus also draws more MTs to apply.
Sign on bonuses
I got a job with WebmedX with a $250.00 sign on bonus. Then, they charged me $250.00 to use their equipment. I quit 2 months later. So much for the sign on bonus. Anyone actually get one?
Sign on bonuses
How do sign on bonuses work? Has anyone ever received one? I have seen a couple of companies say a $500 sign on bonus and was wondering, do you get this when you start or after you have been there a designated amount of time? Was just curious. TIA.
Anyone notice there seem to be less sign on bonuses out there? (sm)
I am assuming (and we all know what happens when we assume) that this is because so many of the MQ people are out looking to change jobs that the companies feel like they don't have to work so hard to attract people.
They don't offer sign-on or referral bonuses-SM
As far as the mixed messages you are getting on whether it is a good place to work, I think that if you know what you're doing (I mean really know and not just think you have XX years' experience and so that means you are great) you would have a good time working for this company.
If you have really limited experience as far as types of dictators/type of work and can't do ESL, it isn't the place for you.
Sign on bonuses - do most companies pay these out pretty well or (sm)
do you find you have to call and keep bugging them to get it paid out?
YIKES... I guess I knew it sounded to good to be true. I wonder if anyone ever gets sign-on bonuses
at any company. Maybe we should take a survey on who actually gets a sign-on bonus. How depressing is that. Now I'm bummed.
i wouldn't sign it, but cross that out and sign
the rest
are on to catch up.
dfsd
It's a catch-22 sm
It can be pretty hard for people who need insurance (no spouse with good insurance, etc) to take a job (even if it is with a wonderful company) where the insurance is too expensive for them to afford until enough people come on board to get a lower group insurance. If you come from a company where you had insurance and can afford to keep it via COBRA until the company has enough people to participate in the group insurance, then maybe it can work out. However, if it takes too long, then you are in deep trouble because the COBRA only lasts so long.
Looks like OSI can't catch a break
Good catch on that - sm
I don't want to try out new and improved if the last was old and crappy.
Yes I an employee and I don't see any catch.
The majority of the companies do not reimburse LD/internet fees. They did loan me a C-phone for free, most won't supply or they rent them to you.
Doing away with my home phone and getting digital phone actually lowers my expenses, as my costs from BellSouth/AT&T were more than my digital line is, so I don't see that I'm out anything.
In the ads they clearly state you need ULD and they don't mention anything about reimbursement. They have been completely up front about it and you can make your choice, go with them or don't.
You still have today to catch up. nm
nm
Actually they are offering it, must be a catch, but they
xx
If you don't catch all the nonsense
nm
Did you catch the errors after you sent it
Or did the company call them to your attention?
You can always correct the errors and resend it, asking them to disregard the first submission if you caught the errors.
Thanks. Guess I need to catch up with the times. :-) nm
x
Catch up with the times. Unfortunately, MTSOs are in
For those who still need the personal one-on-one attention, they should go back inhouse or get their own accounts.
it's such a catch 22. Everybody wants cheap stuff yet
and get paid top dollar. You simply cannot have both. Not with the CEOs having million dollar salaries and all. because God forbid they make less than six figures. it's disgusting...
Horrid hours.. thats the catch SM
I have to wonder, what hourly rate are they setting you up for?
No, I did not catch the joke, thought you were serious
When you spoke of the labor board was wondering why contact them about this. Do you work doing VR or straight? I personally think 3 cents a line is ridiculous for VR. I make what I am satisfied with on VR because I find my platform easy, very good with ESLs BUT I do not think VR will take over completely. I have done VR now for about 7 years and you cannot just leave a machine to run and not check behind it sometime, such it is with VR.
Brilliant! a real catch-22
And you cannot keep copies because of HIPPA so you cannot win.
funny, I catch this ad at top of screen
U.S. Based proofers? Kinda curious needing MTs to clean up the reports, geez
9.9 Cents / 65 Char. line
U.S. Based Proofers, Almost Inhouse 98.5% Quality, 24 Hour TAT
www.MyMTCo.com
"Twisting the Knob" - right??? That's why it's so hard to catch them
include or exclude characters or letters to count.
Yep, my work is low this week too. Previouly, however, we could not catch it up. Is it all the ..SM
new hires, do you think? They haven't told me to take the day off or anything, but there are big gaps in my downloads. I love QT but it's times like these that make my eyes wander to the ads. Funny how when we're busy, I type faster, too. When it's like this, I just casually and nonchalantly go about typing during the day, getting up and down as I please, no hurry at all. Maybe I'll start looking at part-time supplements -- then if work runs really dry, I'l already have my foot in the door somewhere else.
We have been slammed with work and plaing catch up
doesnt make sense to me
No company name given. Now that's a shock. What's the catch?? I doubt the adminstrator will le
stay there anyway so you better apply before it gone LOL..I just don't feel gullible or vulnerable today..
Nope, not a catch. The only thing you need to do to qualify I think is have been there one year in
to be eligible. They pay like four weeks at full pay (your average weekly earnings) or eight weeks at half pay. Your choice. They strongly believe that it's the right thing to do.
Notice the "up to $2500" - sounds like a catch - be careful with this one
nm
I found Medrite to be slow -- would type and watch it try to catch up with me. sm
I went from 250-300 lph to 180-200 lph with it. Plus it has this spy stuff (I called it), where if you are gone longer than such amount of time, when you come back, you have to say why you were gone (it has things to choose from). I didn't care for it, but obviously some must.
Good luck! 
NO BONUSES
X
Bonuses
You missed the point completely. This is a profitable MT service with over 600+ MTs. There is nothing thoughtful at all about sending an item that cost less than $4 (no exageration on that figure by the way), with no letter of recognition, no Happy Holidays, no nothing. It certainly sent a message to me of how much they valued the job I did this year for them. Furthermore I have gotten very inexpensive gifts in the past from both large and smaller MTSOs that were not expensive but thoughtful and totally appreciated, so please do not interpret this strictly as a money issue.
Bonuses
One very nice bonus from some local docs I take care of. One extremely tacky cheap bonus from my main employer. While I don't think anything is owed, and did not even expect anything, I am struggling with the fact that this was absolutely insulting.
bonuses
Once in a blue moon they will offer a bonus if an account is in severe backlog, but no regular incentive bonuses. They already pay pretty well, so I'm not too concerned about production bonuses.
Why would they pay bonuses when they don't pay OT?
Bonuses
Too many people such as you tend to feel they are ENTITLED to a bonus no matter what the economy is. You should be very thankful that you even have a job (even one you complain about at every opportunity) when so many people are so much less fortunate than yourself.
Quarterly bonuses
Are the quarterly bonuses still being offered for SE's and what about the SE's who have been here for years??
SE's still get quarterly bonuses
I still get quarterly bonuses as an SE..I also have gotten extra for tier work. I dont know what that is all about, I havent asked (dont like dealing with the office much)..What I think, however, is as a part timer, if I do more than 6,000 lines/pay period, I guess I move to a higher tier. I got approximately $30.00 extra a few pay checks ago. It was listed on my pay stub.
6-8.5 cpl. Don't know about bonuses or benefits. nm
s
Signon bonuses
I agree. There are so many MTs flooding the marketplace, they do not need to offer bonuses. (Sadly enough.)
Thx. Do they have incentive or bonuses?
nm
Where did you read that about bonuses? nm
nm
More TransTech bonuses
More Transtech bonuses: If less than 10% of reports goes to QA, you get 1/4 cent to line 1.
Also - shift differential & weekend differential to line 1.
MDI Maryland -- Bonuses?
It was my understanding that MDI does not have production incentives or bonuses. However, when I looked at their website it says this:
. . . And we show it to you through appreciation, excellent pay, bonuses and, more importantly, respect for your work.
Does any MDI MT have any info concerning the bonuses? I would appreciate it.
Saying that bonuses for quality sm
and production along with working what are for a lot of people unpopular shifts should not be making up for not being paid for headers/footers if the MT is doing the work to get that information.
A bonus paid for other things (not sending to QA, working midnights or reaching very high line counts while doing the other 2 things) should not be replacing pay lost, it should be IN ADDITION.
No bonuses that I'm aware of - s/m
Only been there a couple of months, though. Schedule: You pick either a Sun-Thu or Tue-Sat schedule. You have a 24-hour window to make your daily line count. Minimum required line count is 700 lpd. Need a day off - just tell your supervisor.
Shall we bet these managers are getting a bonus to do this. I bet so. Wonder how many bonuses they
will get when everyone quits or they lose all the accounts. Do you think these managers ever did transcription. Give me a break.
Any Christmas gifts/bonuses from...
Any Christmas bonuses or gifts from Futurenet Technology?
Referral bonuses not paid - that's NOT RIGHT. nm
Not right at all.
spheris incentives and bonuses.....
When I worked there, they did not offer actual monetary bonuses or incentives. I did get a drop in pay from $12.50 an hour to $10.50 an hour and never understood that one, especially being a four-star quality employee. BUT...when I worked there, they did, especially around Christmas and New Year's, offer such things as Home Depot cards, etc. It was almost like having your name drawn out of a hat or playing the lottery. If you were online when they were ready to pick a winner, you just might win that card. I won many, many times..very easy (and fun). They used to pay for spaces, but I don't remember them paying for headers and footers. Base pay was not that great and never a raise. I got the raise when they were Edix, but they dropped me back when it became Spheris. Hope that helps.
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