checked the CEOs salary of Transcend. See inside.
Posted By: Roberta on 2009-08-26
In Reply to: Why does a service outsource? - Liz McGrogan, former co-owner of MDI-FL
Maybe if we lowered his salary we wouldn't be paid peanuts.
Salary |
$265,000.00 |
Bonus |
$0.00 |
Other Annual Compensation |
$0.00 |
Long term incentive plan payouts |
$0.00 |
Restricted stock awards |
$0.00 |
Security underlying options |
$0.00 |
All other compensation |
$0.00 |
Option awards $ |
$68,523.00 |
Non-equity incentive plan compensation |
$132,500.00 |
Change in pension value and nonqualified deferred compensation earnings |
$0.00 |
Total Compensation |
$466,023.00 |
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Yes, I have checked into and worked for several companies that use Escription and Transcend has the
best pay..now, they just need more work so if you have steady work, then I'd stay put.
To the people at Transcend that had their line rate reduced by 40%, have you checked with any
attorney to see if this is legal. I didnt realize a company could just reduce your income like that with no advanced notice and that be legal. I know I would be checking with someone on the legality of doing that.
Wow! See inside for confirmation about Transcend' s
intentions to offshore in a big way.
Jeff McKee, Senior Vice President of Sales and Support Services, added: We made substantial progress in outsourcing work to two offshore partners during the third quarter, sending over 900,000 lines of transcription work overseas in September. While this is still a relatively small percentage of our business, it gives us an improved ability to allocate resources to meet turnaround times, especially at night. Our offshore efforts should have a measurable impact on our gross profit as a percentage of revenue in 2007.
And that is why the managers and CEOs make big
$$. You are making a case against yourself. You want more $$, but you don't want the bigger responsibilities. Guess you are opting for the food stamps.
I heard one time that the CEOs came from
Lernout & Hauspie. Don't know if it's true.
silly wabbit, take a look at the CEOs of the largest
The MT industry IS male- dominated. The ICs and small mom-and-pop MTSOs may still be predominately women, but when the higher echelon of the larger companies are in fact males...well, you just don't come off sounding like you have it all together. Additionally, most of those male-dominated large MTSOs have sunk huge amounts of money in offshore facilities/employees. Our government has made it lucrative NOT to do business in the US.
About this work stoppage thing and organization efforts you advocate, you must not be well read in MT circles on the 'net. There have been some serious people making serious efforts to organize the MT industry and time and time, these efforts fail. The biggest reason for this failure are anonymous message boards like these (no offense to the board owner/administrators) because people don't want to put their name behind what they say, don't want stand up for what they say. There are too many people who simply want to keep their jobs. I DO believe that if the US MTs collectively stopped working for a week, services WILL find alternatives and there will be loss of jobs. Remember the air traffic controllers? Best example I can offer.
I could go on but I got weary from reading your post as I have seen it time and time again, and unless you personally are willing to stand up and organize it, why are you stirring the pot?
Milton's Red Stapler
I suppose if CEOs had their way, we would be eating worms
and be thanking them for paying us the few pennies to afford our tasty worms, lest they give us another cut in pay while increasing their profits...
but I'll bet the CEOs find it funny. After they
You are correct - also the millions CEOs took off the top for the Katrina supposedly home reimbursem
Well, I don't know I think it is the lobbying. We don't have lobbyists. With employment going up, mortgages defaulting, no one mentions in the news about all the US jobs going overseas causing this. I was so pro Hillary Clinton until I read about her being an advocate of outsourcing jobs and was overseas promoting it, I don't remember what country offhand - that broke my heart. Look back to before this president took office - you didn't hear of outsourcing to other countries or jobs going overseas, maybe I am wrong but if it brings lots of money to companies - they are certainly going to be hiring the lobbyists to keep it going.
I don't know why the new does not report what is happening - they seem to skirt the issue big time. Talk about unemployment and mortgage defaults by not the reason - we are all being replaced overseas. I guess if you can retire with millions of dollars in your pocket from stealing from the American people then it won't matter when the downfall happens to the rest of us.
Salary
When I went to school 13 years ago for MT (I know, back in the day) they always emphasized that the best situation was to work in-house for a few years before attempting to work at home. That option is pretty scarce now, and I keep wondering what the longterm effect will be as far as potential excellent MTs giving up without reaching their goal.
Salary
I average between $18-20/hour for acute care and have been doing this for 12+ years. What I don't get is when are these services going to wake up and pay for experience. I would think that it would be more cost effective to pay a higher rate for an MT who does not need a ton of QA than to pay a lower rate for less experience and then pay QA on top of that to correct the report.
QA salary
Yes QASs are paid hourly.
Salary
Thanks to those who have answered so far. I am hoping that the responses point a realistic picture of this career good/bad and also by identifying the companies that fairly compensate their MTs, giving credit where credit is due. I should I averaging around $17 an hour working for a private larger practice, with benefits, at home, and this includes insurance. I am not all that happy with the hourly rate, but in my case the benefits are a major factor. There is a chance for incentive which I am struggling with.
Salary
We have a production minimum we have to meet and then anything over is paid on incentive. It is basically a fair system for both the company and the MT. I like that I have the opportunity to push it and make a little extra - put I really do have to push it!
Salary
Our minimum is actually based on minutes. I want to say around 20 minutes an hour, which sounds like it should not be much but we do a lot of retrieving info from the EMR and putting reports into different files, etc. If this was straight transcribing I would be making a great salary - but way more involved on the clerical end of things, plus tons of little 30 second reports which really kill you on minutes. Nothing loads at all so pulling info from the EMR for each individual patient. It can become very frustrating.
How is salary?,...nm
..
salary
In some parts of the country 15K would be an acceptable income, not good but the best available.
According to Salary.com
mean expected salary for a US medical Transcriptionist is $36,956. I am curious if anyone is actually coming close to that. I know I sure the !#1& dont't.
Average salary for MT
Hello,
not sure if it matters from state to state but i live in NY and would like to know what the average income might be for a MT thinking of going to school for this so I'm not sure what the variables would be as far as income. I know that some work for hospitals or private practice would like to get a round about figure for the average.
TIA.
Try salary.com to get this info. nm
nm
The Salary Is Correct
The typo was not the salary. That is really what I am earning.
Withhold 10% of salary for 401(k).... sm
and never deposit those funds in employee's retirement account. Repeatedly hang up on employee who is demanding Show me the money! Wait for Labor Dept. to hold feet to fire, dragging resolution out as long as possible.
Salary Survey
Looking at the post below about who loves their company, I am hoping to take this information a step further with what I hope is a fair survey. Working 40 hours a week, what is your salary, acute care versus clinic, benefits versus no benefits, and what company do you work for? I think it is very hard to judge what the individual companies are offering, and a lot of the opinions are based on what works for one does not work for another. Thanks to all who are willing to share this info.
Also, has your salary gone up (ha, ha), stayed the same, or gone down over the last 5 years? Thanks again.
Salary is fine
Salary is fine ... how are you?
What do you consider an excellent salary?
If you don't mind me asking. I've never made less than $22/hr average on production and would like to keep it that way.
now it's being paid salary?? oh, my, please
$800 for 2 weeks at salary equals an average of $400/week equals $10 an hour - oh, this bizzaro drama just gets sadder and sadder and the ridiculous bar keeps getting pushed higher and higher... or is it lower and lower...
if my salary is $ 100,000.--, I would all forget about
ham sandwich and alcohol, etc....
BTW, with the right 'connection' foreigners can get everything, over there, so I have heard.
We work well with our recruiter who also is on salary. We have
open communication and we allow her to do what is necessary to get us the best MTs possible and she has. We do not have a revolving door and never have. We personally have received compliments on the way she has handled our potential MTs and the ones we have hired. One part of her job though is to be liason between those MTs that are hired and the mgmt staff and in doing so, whatever that might be wrong (very little has been) can be fixed. So far all are happy and we are happy. Even though she does not work in the office, we have open communication daily and any questions that need answering are fully answered. All paperwork is shared through our server so it is not necessary to have the paperwork in office for one thing because we trust her.
MT supervisor salary, how much do you make? nm
x
Anyone have a ballpark salary for managers?
Two years ago I made $51K as an MT, and it is gradually going down because of line scalping. Thanks for your input.
typo being your monthly salary
ROTFL
As I recall, anything over 1x year salary SM
required proof of insurability.
Hardly any jobs out there post the salary.
I don't think it matters if it's transcription or what. I can't imagine testing for a company before calling them and flat out asking what the pay rate is for the position being offered. What a total waste of time for both the company and the applicant.
...and I personally do not think it is inappropriate to laugh at a ridiculous rate and slam down the phone either. I think the asshats out there who are offering a nickel a line need to get laughed at and rudely hung up on to boot. None of this PC politeness garbage of thanking them for their time either if they pull a number like that out of their hineys. A man sure as heck wouldn't stand for that kind of pud pullin'...why should we?!
Hourly and salary are not the same thing. lol
nm
more than double my yearly salary
Always knew I worked harder than most - now I get paid like it.
I also have doubled my salary with production.
what MT is making a "huge' salary sm
so much that they need to get into their medical records? That is just one more invasion of privacy. Besides who intereprets what they read. Someone may have a chronic illness that has no effect whatsoever on their job. These people are not God and cannot predict how long a person is going to be around.
More and more invasion of privacy!
Wonder what the *average* MTSO VP's salary is...
And if PB is paid more or less than *average*... javascript:editor_insertHTML('text','');javascript:editor_insertHTML('text','');
Too bad the MTs don't get to vote on THAT decision. Instead, if this is all true about a pay cut, the MTs are going to give up what once was a better than average cpl rate so PB (and JH) can keep on making the big bucks and keep on doing whatever it is they do.
Wonder what the *average* MTSO VP's salary is...
And if PB is paid more or less than *average*...
Too bad the MTs don't get to vote on THAT decision. Instead, if this is all true about a pay cut, the MTs are going to give up what once was a better than average cpl rate so PB (and JH) can keep on making the big bucks and keep on doing whatever it is they do... but they'll be doing it with less capable MTs. Good luck with that, ladies.
You can make a decent salary but
you have to have good platform and not a lot of people training. I did 750 the first hour today, times that by 4 and see what it came up to.
Well I do earn a pretty decent salary
and I am not talking anything under $50,000. I have heard of some of you recruiters who earn $30,000. I would not do it at all for that. I know one woman who earns $58,000 as a recruiter. I know another who earns $42,000. I know another who is paid per head and I won't do it because that forces you to hire anyone.
For what I earn, yesI will keep an open phone line to an excellent potential employee.
I hope the typo is your monthly salary. nm
x
Yeah I did look it up and that is the way I took it.. 1x your annual salary..They do also have long
and short-term disability which may be of help if you are out of work for any length of time.
The ones who don't NEED the real salary are killing it for the rest of us.
The ones who have the husband with the fat salary who pays the bills are the ones taking whatever pay they're offered instead of standing up for the salary we deserve. THOSE are holding us down!
It's NOT the olden days, as you put it. It hasn't been that way for a few decades.
I just looked at the salary for ultrasound tech and
it is awesome! I went on line and we can study part time on line and then travel for the lab part. The bad thing is getting the 100.00 application fee, and then getting financial aide. So I am still working really hard at MT and saving the money... I think it would be a great way to work at home and get out of the house too, doing both things... but first things first... if it is meant to be, it will happen. At least there may be light at the end of the tunnel and not just a tunnel leading no where or to the grave. I know that stress can lead to the grave and no way is any career worth it... nor is any bill collector worth it... Thanks for giving hope to my day to all of the posters here... at least I have hope, even if I never make it to ultrasound school... one day at a time...
I checked my QA
and you are right. I don't know who it is tho.
Checked it out
My account doesn't use I-chart, but on a small single chart I counted every character and every space and ended up with 902; divided 65 into that and got 14+. When I checked my line count later, it was 15. Did the same with the next one. It also agrees with the Word Count under Tools. Checking CTL-S and statistics gives me a higher count, but I think that includes the headers, for which we do not get paid. It looks fine to me. I'm not sure about I-Chart. This is Xpress line counter though, and I don't see anything like skimming. Maybe you should explain better.
I have checked into 3 different
8 cpl seems to be the going rate for 8 years experience. However, at one of the nationals, if I worked odd hours of the night, produced over 2000 lines an 8 hr shift I could get paid more than 10 cpl.
I had already checked...
the archives and the main board but I double checked just to make sure and sure enough there's nothing much there. The few that are recent are my posts, one about the type of platform they use and want ads, that's it. All other posts are around a year old. I read them anyway and it was informative, provided nothing has changed that is. That's why i was really needing someone who currently works there to shed some light.
Not last I checked!
nm
I had checked into them once,...
And I thought their web site said they did NOT hire US MTs. Maybe is mis-read something. Good luck!
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