I don't think it matters if IC or employee
Posted By: me on 2009-01-04
In Reply to: IC or employee? - LinK
If it is an assigned account, the Transcriptionist assigned to those docs gets all that docs dictations. You get to learn the docs verbalizations, whether ESL or not, and eventually can pretty much anticipate what is to be said next. The account manager does not just assign certain dictations, but all of the dictations from one doc. In other words, you are assigned doctors, not just dictations. To me, that is the fairest way to do anything. I hate these "pools" of work where just anybody can log on and learn the system and how to get around it, and only do the "good jobs." It only breeds selfishness, anger, and resentment. Trust me, the work does not get done any faster, and quality is out the window because everybody is rushing, trying to get more work before someone else takes it all. Again, just my opinion.
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Excuse me but federal taxes are paid as employee by employee
The ONLY difference in IC is you pay the ENTIRE amount of the SS which is the 15.25%, as an employee you only pay 7.75%. And you can easily make up that difference in deductions. As an employee you just have someone else manage your withholdings and as an IC you do it yourself. I have much more usable income being an IC and not an employee and I am strict about putting aside what I need to. But everyone always says you have to pay your own taxes, well your employer does not PAY them for you -- except 7.75% of SS, they merely withhold it for you. As an IC you are the employer.
And this matters?
And you're miffed her E-mails are horrendous? Big deal! She's paying you; you're not paying her.
Where exactly DO you get off? 
She's entitled to fire off horrendous E-mails every hour on the hour if she wants to, and under the circumstances, she should - they don't have to be correct with every 'I" dotted and every "T" crossed, but the work she's paying you guys to do needs to be correct to the "T," so be thankful she was gracious enough to give those who do a substandard job notice and that she just didn't up and clean house.
And this matters?
And you're miffed her E-mails are horrendous? Big deal! She's paying you; you're not paying her.
Where exactly DO you get off?
She's entitled to fire off horrendous E-mails every hour on the hour if she wants to, and under the circumstances, she should - they don't have to be correct with every 'I" dotted and every "T" crossed, but the work she's paying you guys to do needs to be correct to the "T," so be thankful she was gracious enough to give those who do a substandard job notice and that she just didn't up and clean house.
actually, I don't think it really matters where...
you are, everybody is vulnerable to anything happening anywhere these days. These types of things have been going on for years, who knows exactly where.
Well, it matters to me!
nm
It matters not where we were. Only if we remember.
Imagine.
I don't think the experience matters as much as...
the ability to see an opportunity and make it work. As an MTSO you will need to be able to find a way to have transcription done and delivered, accurately and in a timely fashion. So you will have to have something in place in case you get sick or go on vacation, or your computer goes down. You will have to choose a file transfer system. You will have to have QA in place. You will have to have the ability to walk into a physician's office, know what data you need to make a proposal, then go home and put something together that has every step covered. You will need to anticipate problems and be ready to solve them (trouble shooting is a must). You will have to have an idea of what is going on in your field, what the going rate is, and how to use variables to your advantage. By that I mean, as above, things like don't print for the doctors! You don't get paid for any line you print, just the ones you type! Let the office secretary do that. She is paid by the hour, not you.
You will have to be ready to get the work done, no matter what, with no excuses and no compromising quality. And you will have to be resourceful and flexible to deal with things that come up.
That being said, it's a bunch of fun to run your own business 
I'm sorry. I did not mean to make matters
I'm afraid that I am confused by your situation . . . the sound card is necessary for any computer to play any sound, as far as I know, but I do not work in/on any platform and am not familiar with any of them. I download files from an FTP site and then play them in either the free Express Scribe software that I mentioned or the Olympus software that I purchased. I figured you had a .wav or .dss file that you were needing to play.
And the platform matters
You can do more lines in long Word documents than you can individual reports on a platform (IMHO of course)
In neuro, it matters a lot...
It affects how they interpret the results of tests - not just lab tests, but reflexes, maneuvers, etc. Every neurologist and neurosurgeon will indicate this in their consults and HPs.
They are listed in BOS, as if that matters.
x
Ability to get job is what matters most
Yes,Andrews and M-Tec are more expensive than a CC, but if you want to work from home, the companies that are looking to hire you don't know if your CC program is adequate. Some are, some aren't, and there are lots of them around the country. The companies know that if you successfully completed Andrews or M-TEC, you are likely to succeed. There are so many posts on these boards from newbies who can't find jobs, yet M-TEC and Andrews grads get hired. I was hired fresh out of school by a large national, worked there 3 years, and was just hired by a smaller MTSO. Getting both jobs was a breeze. I have never had to test for a job. Both companies told me they hired me because I am an M-TEC grad, and they did not feel testing was necessary.
geography matters too!
I think where you live/work plays a lot into that. I live in a very large metropolitan area and our pay in-house is higher than that for sure. If you check AHIMA's salary survey for 2007, the median salary for MTs nationwide is about $36,000, which is roughly $18 per hour. Again, this will depend on your area. When I taught MT a couple of years ago we told our students not to consider anything under $13 to $14, and that was for our new grads. With experience here you would be starting at a minimum of $16 or $17 per hour.
Idk if it matters, but I use version 8....
It is at the top next to Tools, Edit, File, etc., just like it is in Word. I just Click on "Stedmans", then click "Enable" and its up. Same as I do in Word.
If there's any question on my knowledge in these matters,
I am a college educated and certified computer technician who has been in the technology field for 20 years now. FWIW, Atomic Clock Sync has rave reviews from PC Magazine, but merely synchronizing your computer clock doesn't fix the underlying problem. If the battery on your computer's motherboard goes completely dead, your CMOS settings will go byebye, which is a royal PITA to fix.
http://www.decosystech.com/Techsupport/Batteries.htm
Instant Text matters
Is Instant Text better than the others and how much of a difference does it make in my production from what I have been using? amj
that one only works with mono, if it matters
nm
I don't think it matters. They're not always truthful.
I asked several questions that they answered in an unhonest way. For instance, I asked if they were flexible with the hours or rigid. They said flexible. Right from the start were threatening emails about WORKING YOUR SCHEDULED HOURS! I think you get much better information on these boards than you do from a recruiter.
All this talk about size-matters!
I'm an 18-inch gal myself. I adore my little flat panel...if only for the fact that it doesn't take up hardly any space on my already dinky desk here. My husband is a freak and has 2 flat panels next to each other and is always doing weird things with them. They have come down so much in price these past few years it's not even funny. I highly recommend scoring one!
It's not the name that matters. It is who you associate with a name that makes it beautiful
:+
I wore one, but by all means DO WHAT YOU WANT! Your comfort is what matters.:-) nm
x
Is endocrinology too hard for a for a newbie to start in? I went to M-TEC if that matters.
.
Accreditation matters. It helps to avoid scams, but not always. sm
Pick a good school. It is extremely difficult to get hired immediately, even when graduating from an accredited school. It is a hard row to hoe. Most companies require at least 2, usually 5 years of time on the job. They just don't have time to train new MTs.
Do y'all think the size of the font matters in line counts?
If your font is smaller takes more characters to make a line? I just wondered this today.
In all due respect, I have more pressing matters to worry about them my dietary supplement freedoms.
I gathered from scanning that long article that they are looking for some regulatory commission on ingredients, along with cautionary labels, etc. I am ALL FOR THAT, as I am one of the many humans who is very allergic/sensitive/intolerant to herbal remedies, vitamins, and "dietary supplements" - wrong stuff and I could die. So I'm not concerned - sounds safer for me.
You an IC, statutory employee or employee?
That designation, and/or forcing the IRS to designate you, can make a diff. Are you a corporation? Partnership? You need WAY more help than we can give you.
If you are employee, unless suit against your employee
otherwise the posts on here as far as I can see telling it like it is. I think a lot of the posts are so young they just don’t have a clue as to what it means to be an employee. You do as your employee wants (I am talking reason now, not stupidity as far as sexual advances, etc) or else you find another company that fits your personality better. You do not confront, you do not tell your employee no, that is their job, not yours. This is such a simple thing for people who have been in the work force for any period of time.
IC or Employee?
I read an article on the web regarding how companies are abusing the independent contractor status to keep from paying benefits, WC, social security, etc. In my situation, I have been with the same company for three years and I do not get shift differential, weekend differential, or overtime. I work 7 days a week, totally directed by the company, hours set by the company, etc. If I had been an employee, which I believe I have been all along, I would be owed thousands of dollars in overtime. Where do YOU fall? Below is the IRS quick look at where you stand.
http://www.ftmn.com/Employee.html
An employee
I cant say who but it is an employee.
You are an employee. I am not. Again, you are an employee because SM
you need "employee stuff" but I am not an employee because I don't need employee stuff. I just need work.
Why do *I* have to adhere to a schedule? I don't. And my MTSO loves me to death because I just make her look good.
You need to go to an all-employee company or a company where you are the boss so you can stop this from happening. The MTSO just wants the work out of there. You want it to all be suspended until you sit down to work, and that is just not going to happen, nor should it.
No, FT employee
Looking for another job this very minute. I think this is way over the line.
As an employee ---
If I actually work 40 hours a week, my gross is about $730, which I think is good when I also have all taxes cut (Federal match), PTO, STD, LTD, healthy, dental, vision, internet reimbursement, quarterly and yearly incentives in addition to base pay. Never run out of work. Benefits add about 30% more to base pay, so it seems to be a wash with the ICs who have commented.
I left a job recently where I worked 5 hours a day and grossed $750/week with all taxes cut, 2 paid weeks vacation a year, free health insurance. I left because they were getting interns to work for free and forcing out their higher paid and longer term employees. Had to use vacation pay when there was not work or not get paid at all.
I like the pay/hours at the former job but I like the current stability that I have now better.
Employee
This is the exact reason our company will never use an IC. We utilize employee status transcriptionists
This is what I do. I am an employee
but my company is in FL where they don't have state tax. I don't need any $$ taken out for federal, but I have extra $$ taken from DH check for state taxes. 2005 was the first full year we did it and this year we are getting back $450 state, when we've paid in the past, plus a penalty for not having enough taxes taken out. You could also change dependents if appropriate.
IC vs employee
Can someone explain to me the difference between 8 cpl as an employee and 8 cpl as an IC? I know you have to pay your own taxes as an IC but what I mean is what does 8 cpl translate into once you pay self-employment tax. How much less are you making as an IC at 8cpl than if you were an employee at 8 cpl is what I am trying to ask. Thanks.
IC vs employee
If you are an employee, the employer pays half of the Social Security tax. If you are an IC, you have to pay the full amount yourself. HOWEVER, you can then take a deduction on your taxes for that second half. I haven't figured my taxes yet, so I don't know if it is a deduction or a tax credit (which is better), but at least it does help so you don't end up paying the entire amount. As an employee you also don't have all the deductions that ICs get, so that makes a difference in the bottom line, too.
Are you IC or employee?
If you are an IC, you can take off whenever you want (with appropriate notice of course). If you are employee, do you have vacation/PTO time? Do they not let you use it when you want?
Are you an IC or employee? - nm
nm
Employee (sm)
I work for MedQuist.
anyone go from IC to employee and like it better?
I was offered a job and I'm now weighing the options. I have always been an IC and have been offered employee status with another company. The pay is 1/2 cent cheaper than what I make now as an IC. The hours are still flexible and they do offer good benefits, PTO, vacation, etc... Has anyone gone from IC to employee or tried both and would like to comment? Thanks!
IC or employee
In my 22 year MT career I've found that doing a bit of both works best for me. Since I'm a single parent I really need the insurance benefits, and with regards to taxes, my accountant told me it's best to keep your W2 job because the taxes you pay there helps to pay your self-employment taxes. I do 20 hours W2 and the other half IC.
ms
IC to employee...sm please
I would like to hear from any of you that have gone from an IC to an employee, on howyou handled the changes. I am thinking about giving up my IC position (which is my own account with a hospital) to look for a full time position with a national company. As an employee, do you really have to sit in front of the computer 8 to 12 hours for your shift? What happens if there is nothing to transcribe? Do you have to stay put and wait?
I have only transcribed as a hospital employee (paid by the hour) and then came home for the same hospital as an IC (paid by the minute of dictation) when my youngest had health problems. I have always had enough work with occasional slow weeks at the same time every year. I have done some IC work with a few smaller MTSO. The hospital is going through a lot of changes and I do not feel that my position is stable. I was offered a position with a national a little over a year ago but raised my rates at the hospital instead. (Although after I raised my rates, they looked into using a service and found I was way cheaper to use). But I have recently figured my line counts with this hospital (Never bothered before because I got paid per minute) and figured I only got paid between 8-9 cpl with the same rate on weekends and nights. I was offered that plus benefits with other companies.
Should I try to find a good company and adjust to the changes in my schedule? (sorry so long)
Not An Employee
I'm confused too. I also worked for just one company as an IC before becoming an employee. If I wasn't an IC, I certainly wasn't an employee at the time. I had no benefits, taxes weren't taken out, etc.
Employee vs IC
Hi Guyz,
Could anyone tell me what is difference b/w working as home based employee as compared to IC. As I myself is IC right now, worked for FTP and online based working environment and find no pressure from employer like phone, chat etc. but work. So is employee status is same in that aspect or is it same as working in company where you got fear that your boss is looking at you all the time. thx!
are you an employee or
self-employed contractor? Do you get benefits, vacation pay, do you work from home?
Not That I'm An Employee No
When I was an IC I always worried when I didn't have a lot of work. Now that I'm an employee and know that I'll get paid for 40 hours and know I'll always get the same amount I'm less stressed. On the other hand, I type for 4 doctors and 1 N.P., and at one point I had upwards of 100 reports in the system that had to be finished. It's been a little slower these past few weeks, though.
I could not as an employee.
My tax preparer said that it was because I did not have enough deductions to itemize as an employee.
Are your IC or employee? sm
If you are an IC, you dictate when you invoice and when payment is due. If you are employee, you really have no say in the matter.
8-1/2 cpl as employee = what as IC
I'm just considering the tax ramifications. They have worthless insurance (reimburses doctors at the rate they get paid by Medicare and you know how doctors don't want to see Medicare patients) so I'm going to get my own insurance and add it to the line count, but not considering PTO, etc. (which they don't have) Their owner (never done MT) pulled out his calculator and said 8.5 as an employee equals 9 as an IC. That doesn't sound right, does it?
Tax ? for those who are both IC and Employee
I work full-time as an employee, but did some work on the side for my brother-in-law. I have a 1099 from him. When I file taxes, do I just file a 1040 with a schedule C-EZ (it was only $1000) for the IC work? Or do I need to file another form to figure out how much in taxes I need to pay?
Thank you for any help you can give me!
Chickadee
Are you employee or an IC?
While I don't personally think you should have to give them up at all, technically I think if you are an employee, everything you create as an employee may actually belong to the employer. I'd still fight it though, especially if you didn't sign any agreement to that effect.
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