You're not. VR = same amount of time for less money.
Posted By: nm on 2009-04-22
In Reply to: The numbers just don't add up. - Question
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I am curious about the amount of money I am making at this time. I make around $700 every week and
I am wondering if this is average or if I am selling myself short as an IC.
For ANY amount of money
nm
There is one thing no amount of money will ever buy ......
But... then again, that pretty much goes without saying.
No, they're not losing money....they're gaining!
If a company charges their clients by the line, I'm sure that line rate does not go down even though the MTs pay does.
ASR pays about 2/3 normal line rate to its MTs. Their ultimate goal is to have the MTs do twice as much work. Therefore, the client is getting their work faster, but paying their normal rate, while corporate gets that money and the MTs get the lower line rate.
Whether the newbies want to realize it or not, MTSOs have not increased MTs' salaries in the past 10 years. They still start out at the same pay as the last century!
This used to be a very lucrative profession. Nowadays, most MTs are considered to be paid at the poverty level. You don't believe me, look it up!
Yes but the amount depends on the account, length of time, etc.
I have been happy for two years!
Can anyone tell me the required amount of hours/lines for part time per week for Focus? nm
nm
WE'RE IN THE MONEY!!!
 I saw on another post where a Filipino Company is offering a whopping 4-7 cpl for IC work. Don't they know we are paying our own way here, taxes and everything? I tested with a company yesterday that had over 100 applications for a job posting. Easy test but "get in line folks"!
You're right on the money (no pun).
Even if they hire at the high end of $12-15 an hour (as advertised), straight typing 1,700 lines a day at 8.5 cpl = $144.50 per day (not counting incentives), compared to $120 for working 8 solid hours of VR (which can take longer than straight typing). I laugh every time I see their ad boasting $12-15 an hour. (And this is assuming the platform is a competent and reliable one, which is even a bigger laugh.) What's so great about $15 an hour to a Transcriptionist who can produce 2,000 lines a day? I agree that if you need to make serious money, you need to look elsewhere. I'm still with them full time (to keep my health insurance), but I have another full-time job with another company so I can pay my bills.
If money's an issue, you're better off MTing.
Most QAs do it because they MT'd until their hands gave out & can no longer MT.
We're just makin more money every year, and you didn't know it. :) nm
nm
FUNNIEST THING..they all think you're making all this big money (LMAO) -nm
Money beats time off
Here's what my paperwork says (this is worse than my last job and bummed me out initially)
Less than 1 year - accrual rate 1.077 hrs/PPD - 3.5 days 
1-5 years - accrual rate 3.077 hrs/PPD - 10 days
6-12 years - accrual rate 4.616 hrs/PPD - 15 days
over 12 years - accrual rate 6.154 hrs/PPD - 20 days
paid holidays (which are NOT counted in above accrual - hence above and beyond that)
New Years, Memorial, Independence, Labor, T'giving, X-mas (had 2 at my last job)
Plus the insurance and pay is good. (this is better than my last job - for me it was worth it!)
money versus time
I have a friend who is a small MTSO and she said running her own accounts she has come to realize that she either can make good money with her own accounts or be an IC/employee and have more time. She says she picks the money. She works 7 days a week, 15-18 hours a day. Life is too short. I'd rather have the time.
Total waste of time and money
No doctor or hospital even has heard of CMT. It's just crap made up by the AAMT to line their pockets with application fees.
Their platform is VERY time consume - no money
m
perhaps she preparing for this for a long time. seems she made a ton of money. NM
=
I had a hard time making money. Nice people though! nm
nm
Exactly. Gave mine up years ago. Waste of time & money.
x
WWWaah. I used to make good money til the health problems hit, now it seems hardly worth my time!
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you're not alone - been doing this a long time
but every slow down, expected or not, causes anxiety - I think we all feel more anxious now than we used to because we know the work is being done electronically and offshore. I got a second job just to try to save money for the lean times and emergencies. Only one provider in this household - nervewracking! I think you hear a little anxiety in the other posters' replies too - they are trying to reassure themselves in the process. This holiday seems to be worse than I remember it, this is more like Christmas and Thanksgiving! People must be really taking off! Imagine that.
Long-Time MT, you're so very right ...
I'm one of the MT's still on straight transcribing and after having my primary transferred to PI and having the majority of decent work either going to ASR or being outshored I'm struggling every day just to try to make a below minimum line count. My paychecks have been nothing short of pitiful. It's so frustrating.
Don't waste your time - they're a mess
.
3rd time's a charm or 3 strikes you're out
Another childish travel tale, thanks for telling about it! LOL
Sorry, you're weakening your argument big-time. nm
for your lack of discipline in saving. But for legal purposes, they should be taking the taxes out.
Don't bother - they're not worth the time
Sounds like you're gettin' ripped BIG TIME!
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Comment from December says they're understaffed and overwhelmed, no time for their MTs.nm
.
Seems you're spending more UNPAID time/work e-mailing..sm
and xeroxing as if you were sitting there with no work.
Amherst so we make less money and they get more money for MQ and bigger bonuses. Our guidelines came
from Amherst.
The company takes the money out of your salary, before they cut the check. It is your earned money,
:+
It's about "money, money, money, mmmoonnney. Singing The Apprentice song.
:{
You aren't wasting your time, you're investing in a potential "yes!"
As to why you don't get a response, it might be for one or some of the reasons below, or none of them:
a. You don't meet clearly-stated qualifications. I delete every resume or application that doesn't meet standards required. If you can't follow instructions, don't expect me to take time out of my busy day to spend time on explaining this to you.
b. You're an Indian pretending to be an American. Again, I'm not wasting Keystrokes on you.
c. Your application is filled with errors. Maybe the dead silence from recruiters is a message to go back and review what you've put out there.
d. Maybe your application got overlooked. It has happened. Email the recruiter. If you don't get a response, review a, b, and c above and e below.
e. Maybe the recruiter is swamped. There are days when 10 hours will fly by and I've hardly had time to breath. There are applications to look at, resumes to review, tests to score, interviews to schedule, paperwork to complete, interviews to do, reports to file, fires to put out, and someone has to beat the tech people/MT supe upside the head to get them to call an irate MT, who feels that YOU are responsible for her every woe and calls 6 times a day to tell you about it.
From a recruiter POV, don't put your experience on page 4 under everything else you've done. I don't care that you work in the church nursery, or that you drive bus, or that you swept floors at Mitzi's Kut n Kurl. Don't make me wade through all that to find out if you can do the job I'm trying to hire for. I suspect I've tossed good resumes because I don't have time to read someone's life story before getting to the information I need. I also don't want to know your parent's names and professions (why do Indians do this?).
So, if you don't get a response you can either call or email, or just move on. It's not necessarily a rejection of you, but rather the reality of a busy society.
Nope, more like a matter of time before we're all working for chump change.
x
Charts in Time, Florida, us ExText and dialup. Said they're going to the net in the fall. Had 1 o
s
Better be glad you got the easier dictators soon, because you're time is coming for the ^^^REAL^^
dictators! Be glad you got off now. I wondered where my better dictators went the last week or so !!!!! Lucky you !!!!!
I can always tell when the TT favorite MT's are off, because I get their dictators -- making it easier for me to get my line count. Yea !
TT is constantly hiring, so the above scenario is a norm.
"Taking up valuable time of MTSO." You're digging deep now!
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Amphion hires part-time - they're very strict schedule-wise though
Since part time is so hard to find these days your options are limited, so if you don't mind working for a company that is a stickler for strict schedule adherence, I say try Amphion.
yep, gotta spend money to make money. NM
.
So does yours. Perhaps you need a basic money class to learn to keep money. sm
I am off today and appalled at reading the posts on here.
Are you always this bitter? Do you have a family and friends who are safe and healthy? Count your blessings instead of being so angry and you might see that this is not a bad field to be in. It has kept food on my table for 27 years and will continue to do so. Is it harder now? You bet, but it is not impossible to make a good living of $50,000. You just have to work hard, give it your all and appreciate the good companies that are out there.
If I were an MTSO, I would find out who all these people posting such bitter posts are and find replacements for them a.s.a.p. Negativity spreads like poison, and with the world in the state it is, we should bond together not make it worse.
Money is not the root of all evil, the LOVE of money is. nm
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Just the right amount here...sm
I get the hours I am scheduled for. I've been there a few months now. Going fine. Off of OT finally but not running out.
Could you disclose the amount....sm
you were paid? How long ago was this that you didn't have enough work? Also, were you full or part time and what were your report total requirements per pay period? TIA
Not only do they pay late, the amount of the
checks are incorrect and it takes forever to resolve the issue with accounting. I even talked with the owner of the company a couple of times because of incorrect and/or late paychecks. Nothing ever changed, so I left. Beware!
The amount of tax you withhold should
be what tax bracket you are in. If you are in the 15% bracket only hold back 15%.
There are pros and cons on both sides. You just have to find the fit that works for you.
Sorry, but would not put up with that crap for any amount of $$$
nm
Well that's a decent amount of $
NOT to walk away from. Depending on how much you need it though I would still consider not taking it... and not signing.
Then you are completely free to do anything u want without any worry.
If you need the money, however, you appear to have little risk with this contract being prevailed upon in court.
I'd say you don't really need to 'panic' anymore - :) you'll be OK with either choice.
Good luck.
I also just registered the amount of
$1K to $3K is not worth it to give up your career. Forget about it! File for unemployment, which I'm sure you did, and hang in there for a few weeks until you get your first check. But to sell out your potential future career for a few grand? No way! And its still something I would not want to mess with in a million years, as there is a lot of -- stuff -- going on with your ex-company, accounts/clients, etc.
Maybe someone who knows a fair amount about
x
It is a taxable amount.
nm
What amount are you talking
about?
You got a reasonable amount sm
from what I've seen for raises - a full half-cent would be great, but it's hard to give that to deserving MTs when companies can't get hospitals or clients to pay more.
I definitely have sympathy but I'm afraid that you were lucky to get anything at all, unfortunately. I wouldn't feel insulted - I'd be grateful that they were even able to grant a small raise in these tough economic times.
I'd advise you to try again when the economy picks up.
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