Home     Contact Us    
Main Board Job Seeker's Board Job Wanted Board Resume Bank Company Board Word Help Medquist New MTs Classifieds Offshore Concerns VR/Speech Recognition Tech Help Coding/Medical Billing
Gab Board Politics Comedy Stop Health Issues
ADVERTISEMENT




Serving Over 20,000 US Medical Transcriptionists

you are an SE, statutory employee.

Posted By: nm on 2008-01-06
In Reply to: IC or employee? - Their website doesn't say -

x


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

Depends on if you are employee or statutory employee (sm)
Employee, 8th and 23rd of month
Stat. Employee, 15th and 30th month
Am I statutory or employee

I just recently started working for MQ.  Everyone is getting me confused.  First, I am emailed about a rental fee.  I called and told them I was an employee.  I got my first paycheck and they only took out state and federal taxes.  So, I am still as confused as they are.  I left 3 messages for payroll and 3 emails.  No answer as of yet.  Are they supposed to take out all taxes if I am a full time employee?  They only took out state and federal. Does this make a statutory? 


 


Thanks for any infor. 


I am a statutory employee and they take out sm
state, federal and Social Security. I didn't want to be botherered with the taxes and it was an option they could or I and I chose MQ to take the taxes.
Statutory employee
I was wondering if anyone could tell me the companies who hire statutory employees? I would like the flexibility of an IC, but I would like the company to pay half the taxes for me. If you know how I could find out which companies work this way, please let me know! Thanks!!!

Statutory employee
By definition an independent contractor (IC) should not be told that he/she will work 8 hours or 2 hours straight on a schedule. You give them the schedule you prefer to work and they accept that or reject it. The operative word here is independent. Far too many companies try to not do the tax thing and still want control of the IC. The IRS does not like that!
They are IC/statutory employee so no
benefits, insurance, etc. Website is transmdi.com
Yes, they called it Statutory Employee or IC ... at least
that is what is says on my contract. ?????
Statutory Employee Status sm
Use Bayscribe platform.
Statutory employee. Work when you want
nm
Statutory Employee Status
Please, can someone tell me if there are transcription companies that offer remote MTs employee status w/medical benefits.  Is there such a thing as a Statutory Employee and what does this entitle us to?
They only offer SE - statutory employee
Since they don't offer benefits, you're not classified as FT or PT. 
Statutory employee versus IC.....
I know that being a statutory employee has some SS taxes taken out by the company, but does being a statutory employee mean a company can make you stick to a set schedule?
Congrats! You are a statutory employee, not an IC
They do take a portion of taxes out of every check. But since you don't have any further benefits you get the 24 hour turn around flexibility. If someone else covers your health insurance, it's the best of both world in my opinion. Hope this helps.
Part-time...statutory; used to be PT employee. (NM)
..
As a statutory employee, they take out FICA and match it. sm

Therefore, you do not have to file self-employment tax, like an IC.  You are still not an employee per se, in that you set up your own schedule/make your own hours.  You tell them how many lines you will do in a day, and every 2 months, you submit a schedule, telling them which days you will work.  


You have to have your own PC.  You can rent a C-phone from them, and some of the accounts are going to wav files, and I think the company provides the wav pedal for you. 


Hope this helps!


I had a hard time as a statutory employee, but
now that I am a regular employee and have to have a set schedule I am WAYYYYY more disciplined. I guess I actually needed that boss hanging over me (not literally, LOL) to make sure I work and make $$$$$. Best of luck to you.
Agree with poster below - MDI is statutory employee
There are no benefits.  It's basically the same as IC with the taxes taken out.  Did you think you were hired for employee status?  Don't mean to rain on your parade, but better double-check that.
NEITHER STATUTORY NOR EMPLOYEE STATUS FAIR..SM

I said it before, when MTs were first forced to go the employee route..it's all about control...same for statutory.  They have no right to dictate shifts/hours unless you're paid for your time by the hour.  In either, you only get what you produce, per production. You might think you're ahead with employee status because of benefits.  But what happens when you can't make your line count, even through no fault of your own?  The only square deal is IC status... you get what you pay for..no more, no less.  They don't pay for your time.. so they can't dictate a schedule.  What other industry would require a certain amount of your time and not pay for your time?  It would be different if they were to guarantee a certain wage per hour/day, etc... but they can't even guarantee there will even be any work.


SC meaning SE (statutory employee) and or IC contractor.
Still looking for help on employee positions with no VR which are good. Thanks.
Statutory Employee: What services hire SEs?
I have enjoyed the flexibility and tax part of being an SE with MDI-MD, but it seems very difficult to find any service who will hire SE.  I see IC or FT or PT, but not SE.  Could someone give me some leads?  I searched the archives, not much current info. there...thanks!!
full-time employee, but started out statutory (sm)
Good luck and I'm glad you're giving MQ a chance.  I think you will be pleasantly suprised. I know I was.  I was kind of disappointed when they called me back, but I really needed a job, so I took it, and four years later, I'm very happy! Good luck to ya!
Just curious, what didn't you like about being statutory employee at older job? sm
I'm thinking of becoming one so I'd like a heads up on possible issues this causes!!! Thanks.
You report wages and expenses as a statutory employee on schedule C.
I don't know how the company is these days, but when I was employed by them, there were some very rude people who worked in the office. I suspect since they were so high up, they're still there.
Do they offer both statutory employee and independent contractor status? Thank you! NM
NM
Only employee and statutory employee..no IC
nm
P.S. ''If we try employee status and decide it’s not for us, can we return to statutory employ
x
If you are statutory they take out SS tax only. (sm)
In this instance they took everyout out but.
Statutory or IC?
Statutory is different than IC - I haven't seen much in the way of statutory, but I just had a job offer today, GOOD offer, too - from Oracle, and it's IC. I'm leery about going IC all the way, but then again - why not? There are no guarantees anywhere, and my husband says we do much better tax-break wise with IC than employee status.
Statutory or IC
Hey, I just had an offer from them today too.. Maybe we can chat? I didn't get my paperwork yet in email. Did you?
Statutory of IC
Oh I talked to her today and she is sending my paperwork, so if you had not accepted, then you probably wont' get any paperwork.
Which is better, statutory or IC
and why?
everybody is statutory.sm
Good company, sometimes too much work, sometimes not enough, just like everywhere else. Lanier accounts are pretty much like any other account, work is work.
Statutory?
If a company does not take out state income taxes does that mean the Transcriptionist is statutory?
mdi-md statutory
I am looking for the right web address for mdi-md of Maryland that hires statutory.  I only found a web site that comes up as trans-mdi (i think that was the right format) but anyway I just want to make sure of the correct address.  I have a feeling this website is the the correct one.  TIA. 
Is it truly IC or statutory?

There is a difference.  Employers pay the SS tax on statutory employees; IC's are responsible for all the taxes.


I applied with 3 MTSOs not too long ago (about 4 months).  Two of them were statutory status and the other was employee status.  The 2 SE's offered me 9.5 and 9 cpl to start.  The ES offered me 8 cpl with benefits. 


There are many things to consider besides just a starting cpl when choosing an MTSO.  For me, flexibility and reliability of work flow was more important than a little more per line.  I ended up with the MTSO that paid 9 cpl because I don't need the benefits. 


I have seen some IC's on these boards say they make 11 cpl and up.  I think a lot of those IC's are truly IC's, contracted by local hospitals, etc.  I'm sure there are SE's that make that as well, I just don't know too many that start out at more than 10 cpl these days. 


Statutory ?

What is statutary exactly?  They just take out FICA/Medicare, not federal or state and you still do a schedule C? I have to find another job as where I work now we just lost a big account with no notice.  Last day is tomorrow.


Statutory
The IRS website has good information about statutory versus IC.
Statutory
Nor Cal MT, we are statutory employees, not IC, and I think you spend too much time on this board putting out info that is not accurate. 
statutory employees

I have been with MQ since 1983 when they were still Transcriptions Limited (the good old days).  I don't know what they are doing and I wish I knew.  I am part-time 5000 lines a pay period but it only takes me two hours to do 500 lines so that works fine with me.  I am on disability and only work enough to supplement by SS.  Plus I cannot sit more than two hours at a time so it works out fine.  If they come up with this 4 hour minimum then I am in a heap of trouble.


I had someone from corporate call today to ask if I had gotten that letter about the new program.  At the time I told him no, but I think I did I just can't find it.  I have just gotten out of the hospital after a 12 day stay and can't even get my mind together to figure it out.


I don't like the sound of things but we will know in October according to this guy who called.


statutory employees

I was told today that we would know in October.


Statutory status?
Can anyone tell me what companies offer statutory employee status? Any input appreciated! Thanks
No, everybody there are statutory employees (SE) - nm
xx
former statutory employees can....sm

As I know it, if you were an SE and taxes were taken out, you can file for unemployment.....


They have just statutory status...nm
nm
Never having been statutory, I have no idea. Best
x
They hire statutory. nm
xx
Question on IC and statutory..
When it comes to taxes, is an IC and statutory the same as far as them not withholding any taxes meaning is there a tax that a statutory position might withhold but not IC?  Thank you very much.
Statutory employees.
nm
Statuatory employee versus regular employee....
Can someone tell me the difference between a statuatory employee versus a regular employee?  My company offeres IC or SE status....I am confused about whether switching over the SE would benefit me more than IC status that I have been for some time with them?  What are the benefits and disadvantages of being an SE versus IC?  Thanks for all of your help!
Why do you have to work 40 hours if you are statutory? nm
x
are you full time or statutory?
how long you been with them?