man. I am 32, started putting money in a 401k
Posted By: sm on 2007-07-21
In Reply to: Would much rather have better benefits, as in PTO/Holidays than 401K - No word from TT
when I was 25. I have a good years salary saved in that already. I will be thanking myself when I am 65. I see my dad and MIL struggle both with just SS. My company matches. It is pretaxed. The more I put in the less I get taxed for at the end of the year which also means a bigger tax return. Believe me, 401ks are good things especially if the company matches.
Wonderful news for Trans Tech employees. I am happy for ya. 
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She started this whole thing by putting her oh so 'benevolent' letter on this board
Who are you? A coworker?
Companies (not just MTSOs) have 90 days to put the money into 401k accounts. sm
It has to be done by the end of the 90 days. My husband's runs about 89 days and he is not an MT. He is a union electrician.
If you have work at TT, which is doubtful, without putting in MANY extra hours and NOT putting
the correct number of hours on your timesheet -- that is stealing work from the other MT's ! Also you are giving false information on your timesheet, which TT will eventually get into trouble for allowing you to do -- just like the Q got into trouble!
You are obviously taking the only halfway decent dictators from other MT's. Makes me sick that the leads/supes/mgmt-type people transcribe and take the cream of the crop from the MT's ! That should NOT BE ALLOWED by TT mgmt AT ALL !! !
It is DEFINITELY going on tho. TT management, you need to STOP this practice and share the fairly decent dictators with EVERYONE !
When I was hired on a number of years ago, I was told that TT had 35% ESL's. What a JOKE and untruth !
Started so long ago, there was no dep required, but they have alway be on the up and up with money.
x
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.
:{
I was hired and started in 1 week. That is not a long set-up time. When I started with our local h
I needed to get a physical and go through orientation at the hospital which is only given two times per month. This is a 900-bed hospital, so it cannot be an unusual process. MQ took 2 weeks. KS took 1 week. SoftScript never got me started even after repeated calls and emails.
I have only been with KS for 9 months but would never put them in the same catagory as the others you mentioned. They are the best company I have worked for, and unfortunately, I have bounced around a little in the last 5 years.
I was hired and started in 1 week. That is not a long set-up time. When I started with our local h
I needed to get a physical and go through orientation at the hospital which is only given two times per month. This is a 900-bed hospital, so it cannot be an unusual process. MQ took 2 weeks. KS took 1 week. SoftScript never got me started even after repeated calls and emails.
I have only been with KS for 9 months but would never put them in the same catagory as the others you mentioned. They are the best company I have worked for, and unfortunately, I have bounced around a little in the last 5 years.
I was hired and started in 1 week. That is not a long set-up time. When I started with our local h
I needed to get a physical and go through orientation at the hospital which is only given two times per month. This is a 900-bed hospital, so it cannot be an unusual process. MQ took 2 weeks. KS took 1 week. SoftScript never got me started even after repeated calls and emails.
I have only been with KS for 9 months but would never put them in the same catagory as the others you mentioned. They are the best company I have worked for, and unfortunately, I have bounced around a little in the last 5 years.
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
x
they could fix that by putting a sm
minimum line count per month in your contract. The problem with that is, if they run out of work, then you could hold THEM to the line count minimum. I have had companies tell me that it was not cost effective to let ICs work without a line count minimum. That is why, years ago, companies started doing the statutory employee category. SE status gives them more legal control but for the SE the taxes work out better. You don't see many companies that are doing SE status anymore.
When it all comes down to it, does putting
something on the wrong board really affect your life in a great way???? Chill out.
who is putting you down? we were just responding
nm
putting it that way, you're right
/
Thats putting it mildly
my dear
Did you try putting your resume up?
I've gotten many offers just from having my resume up here.
never mind-sorry was putting
an e in the middle! Thanks!
So this is the program they are putting all of us on?
I would suggest asking your supervisor, but they will only lie or give you some explantion that makes absolutely no sense.
LOL. I actually agree about BOS. Just putting it out
However, no matter how you slice it, there is NO CHANGE in the line counts with 1 space vs. 2 spaces at the end of sentences, so how are MTs losing money, and how is the MTSO making money (no matter how many MTs or reports are involved)???
Run your own line counts if you don't believe. At least verify its validity before ranting about it. I know it's easier to just complain but people are getting far too excited and outraged over something that is inconsequential.
Love it as well. Thanks for putting so much (
time and effort into your post. I just hope that it produces positive results for all MTs. We are SO under appreciated, not to mention underpaid.
Not putting anyone down for this situation
a Transcend board like they did with Medquist (I actually didn't suggest it initially, another OP did, but I agree).
Wouldn't it be nice for all the MDI'ers/Transcenders to have a board to discuss the issues (like they did for Medquist)? Wouldn't you like that? I'd think you would. Why so mean to those who suggest it ... for christsake geeze.
They don't have 401K as far as I have seen. nm
401k
Why don't you contact Spheris HR? They should know what is going on.
401K
I am battling the same thing - keep in mind if they match they must do that before the end of the year, but your moneyshould be right away - dont stop at the labor board - contact your financial holder of the 401 k and report them. Labor board will not go after interest and cap gains and other earnings, so get your ducks in a row and go after them for everything, not just what they did not deposit in a timely fashion. My company - I worked fulltime in house - asked fo rmy resignation and now are fighting unemployment, although I can do IC work, it has no gaurantees to the amount every week, so I can get unemployment, they even said she harrassed me once I found out they took my money.
Get the plan profile and contribution schedule that is where you need to start. Your plan admin will also file with their compliance department and freeze any assests the company has until you get your money.
IRA and 401K
I saw some postings earlier and wanted to let you all know, just going to the labor board about money not being handled correctly may not be enough - however, I went righ to the SEC website and lodged a complaint against the plan holder for not managing my account, not giving me the information regarding the plan structure when asked, and for not informing me when my company did what they did. So if your company is screwing around, put in a complaint about the holder of the plan, that will get someone off their butts to help you out - they certainly do not want to be blamed when the SEC asks why they allowed mismanagement. I placed my complaint yesterday and the good ol SEC called me today. Just thought I would pass it on for those who have the same problem.
Again, the complaint is with your plan holder, who certainly would not want what your company did to be held against them.
401K
Hi All;
Are there any companies out there using the Escription platform that offer any benefits, especially a 401K---matching would be fantastic. I love the 2 companies I work for and my accounts, but really need to have a retirement plan. Guess I will just have to start my own, maybe a ROTH IRA. Any advice would be appreciated.
Thanks, Sue
401K
Larry told us in our conference call that there was 401K and that they contribute a certain amount based on the percentage you contribute. Please tell me this was not a lie.
verbatim should NOT mean putting in errors: SM
As a QA, this is how I pass on the guidelines (and verbatim is usually requested by the client, NOT QA!):
Verbatim means: Transcribe what the physician says but correct obvious punctuation, spelling, and grammar errors - like "there is 3 moles."
Headings and exams are transcribed when and as dictated, not adding in headings, not changing PHYSICAL EXAMINATION: to OBJECTIVE:, "rearranging" the report, or changing an exam dictated in paragraph to block format.
You do not add additional words to clipped sentences in clinical notes. If the doc says "A 56-year-old patient," you don't transcribe "This is a 56-year-old patient."
If the doc says right leg in one place and left leg in another, a blank is left and it goes to the clinic for resolution.
If a medication is spelled and you can't verify it, it is blanked and goes to QA. If we can't verify it, it goes to the clinic for resolution.
Verbatim should NEVER mean transcribing errors like have been described here, at least IMO.
Debra McNair keeps putting her ads up there
I sent my resume in the day she put that ad up there and not so much as an acknowledgement that she received it.
Poor business skills.
Abrasive is such a nice way of putting it lol
She ALWAYS has a lot going on. So do the rest of us.
I did employee first, insurance was over 750 a month for me and two kids so I switched to IC and was given horrible pay but so was their employee pay. I only worked for them because my old department was completely outsourced to them. It was a waste of my time, that's for sure. I had DD as well and yet it was still screwed up all the time.
Too bad because they had easy accounts.
You are putting words in my mouth....sm
so to speak. I never said I have not looked for work while employed or looked for better benefits, platform, etc. And of course I have found companies where the negatives outweighed the positives and caused me to look for work elsewhere. There is nothing wrong with that. What I am against is an MT purposely hiring on simultaneously with multiple companies to weed out those she/he finds unacceptable. To me, that is highly unethical, and I am quite sure most MT companies would agree. In fact, there are some companies that prohibit working for other companies while in their employ.
My whole intent and purpose in posting originally was the hope of shedding a different light on the MT profession, but apparently there are so many here who are so bitter and angry that they refuse to see any other side but their own. Bitterness is a vicious animal that will eat away at you, leaving one empty and desolate while the object of one's bitterness remains unscathed. Do you really think that is the solution to the MT industry's problems?
Not enough for the stress they're putting me through . See msg
From what I've read in the past, and my experience, they pay anywhere from 7 cpl to 10 CPL (I personally make 8 CPL with 10 years experience, no raises since I started there despite numerous requests for one). THIS IS FOR STRAIGHT TRANSCRIPTION. Most of us work on ASR now (voice recognition) which pays 70% of your pay (example, I make 0.56 CPL for ASR). I have lost a LOT of money since ASR began. I average around 150 lines per hour for ASR. I averaged around 250 lines per hour with straight transcription. In other words, I made around $20/hr before ASR, now I make $8.40/hr, just above minimum wage in my state.
I only work flex-part time now for MQ and work full time somewhere else that pays fairly with NO ASR and NO outsourcing outside of the U.S.
It is my strong belief, after 10 years of working for MQ, that we will all lose our jobs soon now that the board of directors is Indian based. Believe it or not, they can pay Indian workers even less than they pay us.
Yes, they pay shift differential, 0.5 CPL more for evening shift, 1 CPL more for night shift.
A slew of workers have left since the news so it is my belief that's why they're hiring now. If you're interested in a short-term job, fine. Good luck though.
THIS IS MY OPINION ONLY.
Oh relax, wasn't putting anyone down.
x
401K ROLL OVER
If you are working for an MTSO that offers 401K, have you encountered any problem with roll over? Generally you have this option when you leave. One of my friends seems to have a problem. If you have any experience good or bad, please share.
Medware 401K
healthcare is only $17/week. The healthcare benefits are from United Healthcare and it is a very good plan, $250 yearly deductable and a prescription card too. Benefits start in 90 days. Hope that helps, I have worked for Medware for over a year and they are a very good company, plenty of work and my team leader is very nice.
Anyone get the 401k info yet? nm
nm
I was wondering about 401K too - Thanks - nm
nmn
Question for TT MTs about 401K
I am contemplating what I am going to do with my 401K money...move it to the new (as yet unknown) 401K plan offered by the new payroll service, cash out or keep it where it is and see if money grows? We really did not have it long enough for any of my money to grow at all, so thinking of maybe cashing out since times are so hard right now. But, I still wonder what the employer match will be, if any? I know it was to be based upon the previous year's earnings for the company, but we were not with the 401K for a year yet. I just wanted to ask what others are thinking of doing?
So much for my Spheris 401K
Got a letter today saying my Spheris 401K is at $0 balance. So much for leaving it alone until the economy gets better. I'll be working til they take me out tits and toes up. Sheesh........
Does Transtech have a 401K
..
401k at Transcend
Can anyone from Transcend tell me if the 401K is worthwhile. Do they actually contribute? I only ask because I have worked with another MT company that promised to pay and never did. Thanks!
Transcend 401K
Do they contribute like they say they will? Is the plan worth while? Is it making any money for you?
I will just betcha that 401k
matching is only for FT employees and from other posts it seems that it can be really hard to make the requisite $900 per pay period, through no fault of your own. This is a classic carrot/stick management technique. Offer 401k matching, insurance, vacation time, pie in the sky, and then make sure nobody ever qualifies for it by manipulating the work pools. Then warn, then demote to PT.
You used to have to go to NJ for training and putting the program on your puter. Don't know about
s
putting aside the other's sage advice based on
their own personal experiences and putting aside George's opinion that we are all misinformed, you need to take care of yourself. I couldn't go 2 days without the company I commit my time to not sending work to me, much less one month! How would I explain that to the mortgage company? Yeah, I was just going to go ahead and wait it out. Say, could you just not expect a payment from me until I hear from Sten-Tel? Okie Dokie then! Great!
All kidding aside, take care of yourself. If they don't care about you or even taking care of their own business, it is the wrong place for you. You're in this to make money, right? I don't know if you are a newbie or experienced but if you want to earn money, there are other places to go.
Companies are putting more costs on us and paying us less nm
ww
Hope it works out well for all of you. People really putting their
xxxxxxxxxxxxxxxxxxxxx
Come on gals...the compensation..ah...putting it tamely...>>
IT stinks! It's becoming worse, if that is possible. There is a better way of compensating MT employees, take into consideration, naturally primary, education, et cetera. I think I mentioned it here before, but I do not recollect having received a response.
Some thing HAS to be done, and soon. For we, the ole' timers, like the actual hands-on approach, and it is still FUN! That's what it's all about and really should be, Job=Fun, as it also appears to me. Let's not lose it to a bunch of unpredictable terminators. javascript:editor_insertHTML('text',' ');
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