I make about $6K more per year with my CMT.
Posted By: Yes, there IS a Santa Claus, Virginia! on 2008-09-11
In Reply to: Do CMTs make more money? - metawhat?
:)
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- Do CMTs make more money? - metawhat?
- I make about $6K more per year with my CMT. - Yes, there IS a Santa Claus, Virginia!
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how does one make 50K/year?
I mean really, please let me know your secrets.
There is no other job where I could make 60K per year sm
and do it in my pajamas. I love my job. Hope you found something good.
Unfortunately, MT does not work for everyone. If it didn't work for me, I would try something else, too. You have to have certain skills, a certain mindset, etc., or you just cannot make it.
I make about $24,000/year, and that's -
:(
I will make just over $40K this year sm
Actual, I am typing, hands on the keyboard time is about 8 to 9 hours a day. I work as an employee at 8.5 cpl and as an IC for 10 cpl and I do some QA for $16 an hour. The QA is a courtesy to my IC company and really cuts into my typing time there where I can do $30 an hour or better. QA is only about 5 hours a week, except when I am training an MT, and I am training 2 right now. It was 8 hours so far this week.
You ask about normals and expanders. I use an Expander with a lot of shortcuts, as in many thousands. Normals, I have some. The system at my employee job has some in it, I have made a few (less than 50). The IC job I have made a few too (less than 25). Most of my normals are shells of headers and the few things they always say. All I do it is acute care, primarily OP notes and yes, I don't have that many normals. When your pool has about 2000 doctors in it, normals are a challenge to find and make.
I have oh, reasonable work habits. I take frequent short breaks because I have to. I do work a split shift, which really helps me make it through the day, and the IC is catch as catch can, and about 6000 lines every 2 weeks. I usually spend about 2 or 3 partial hours a day typing at top speed, like an athlete. The rest of the time I do the best I can. I have stellar days and days when I feel I like I need to eat every hour! And I do it too.
Yup, I do the laundry and the dishes while I am working. I always have the TV or a DVD in, but music on Saturday mornings.
I also make many gifts throughout the year....
and spend alittle on the grandkids. This year I'm making a collage of pictures of my mom and dad (both deceased) for my sister, and my 3 sons. Friends get baked goodies and candies.
Grandkids will each get a toy (yes "A" toy), and a couple of small books (I'm the "Book Gran"). I'll make stocking for my 3 sons, my DIL and my 3 grandkids, just trinkets, etc that I find at the dollar store, and fruit and candies (like M&M's). And that's it.
Christmas isn't about GIFTS, its about love, hope, and faith.
How much do you make per year doing MT and do you work PT/FT and
for a company or have your own clients? Just wondering how I compare. I work for both and made just over $24,000 last year.
Shut the h*** up. I make $75K a year doing this with BIG nationals.
I get full benefits. I'm not gutless in any way and I'm NOT having my "rights" taken away from me.
They're not doing anything to me I don't want them to do.
If that's YOUR situation, then make that STUPID statement about your own idiot self.
I'm doing just fine financially, Granny. I doubt YOU make the money I do. Not many do, they're not willing to sit their butts down and actually WORK for more than a few minutes at a time without running here and complain to all the other 'children' about 'school'.
I don't take s*** off anyone, not individuals and certainly not places I work -- there are too many of them out there to work for and if I don't want to do that, I can work for myself.
I kinda like the fact that I bring home more than THREE times what it takes for me to live, AND have insurance, AND a TSA, AND choose my work schedule.
Now you know why a lot of chefs make $75,000-100k a year!
It will be interesting to see the final episode tonight.
KD, are you on crack - very few people make $50,000/year - sm
I make about $58,000, but I work my butt off doing it, have 18 years experience. You sound like a Sally Struthers ad when you make a comment like that! Next thing you know, you will be telling this woman that she can breastfeed her child while she is transcribing and have another one sitting on her lap!!
I do love this job, but I tell people to expect to make at least $25,000-$30,000/year.
are you the same Laura E who did not even make 12k last year? That doesn't
sound like plenty of work. It sounds like PT and that does not mean that there is enough for FT.
Right. You would have to be sicko to make $100K a year on 8 cpl.
x
Anybody make less than $12,000/year, part time - sm
I know at just part time (minimum 25 hrs a week) I won't be pulling in a ton of $, but I thought it would be a little more than that. Am I alone?
Low wages? I make approx $60K a year at
nm
Who ARE these people who make this stuff up every year charge $ for it??
I could make one up every year myself. Why do they think they are an authority. I have never understood this, and will never buy another one. I bought one in my life for $75. What a waste of money to read someone's "made up rules for this year."
40-year-olds tend to make much better students
than 20-year-olds!
In four years you will be 42 years old either way. Do you want to be 42 with or without your Batchelor's degree? :oD
I LOVE freezer jam - make it every year with our berries!
NM
What about benefits? I make 50k a year working for a company
out of my home full time. No gas money, no traveling, no printing, faxing, and I get full benefits. How is making 50000 as an MTSO good money? I really just don't get it!
Basically, you make a projection of what you think you will clear for the year.
Then figure what the tax due on that amount would be and break it into four payments. There is a worksheet out there from the IRS the helps you to do this. Your state income and local taxes should also be paid quarterly and would be based on the same $$ amount.
The first year of IC is the hardest to guess because you will have deductions that you may not even be aware of but I would strongly encourage you to go IC!! I love it, despite the drawbacks as some posted below.
As a true IC, you decide when to work, how much you charge and don't let anyone else tell you that the clients you do work for have the right to dictate your work hours to you. Some have referred to working for a company or companies; if that's what you do and they dictate to you your hours, you're NOT an IC but an employee and therein lies the problem with scheduling.
There are way too many people out there who apparently think they are ICs when, in fact, they are employees. The companies that are telling them when to work, how much they will pay, are flat out wrong if they think they can call these people IC and then dictate the above parameters. Just make sure that the advice you are receiving regarding IC is actually from someone who really knows and understands what an IC is.
I make photo calendars featuring snapshots from last year
Birthday celebrants featured in each month; group photos for holidays. Made my files using the hp activity center, saved on my computer, then printed them using the recommended paper, which I ordered from the same site and was shipped overnight for free. Draw-back: time- and ink-consuming (good thing we refill our cartridges).
8 and 9 year olds do not have the maturity to make decisions like this. That's why they have pare
x
Well, ya can't make $50k a year unless you're willing to give up your life and be chained to S
you PC 12+ hours a day. I can't recommend any particular school as I didn't go to one of the "online" schools. I learned in an actual classroom which I recommend over any of these online schools. Another thing I recommend is working in an office for at least six months, but more like a year, because there is a gigantic learning curve once you actually get a job. There are just things that schools can't or don't teach, things that can only be learned on the job from other MTs who have been doing it longer than you.
Don't get me wrong. It's great to be able to work from home. Personally, I don't think newbies should be allowed to work at home right out of the gait. There is some much they don't know. They need help. They need to be able to ask questions and one of the best things about working in the office as a newbie, is being able to ask the seasoned MT next to you to listen to something for you.
Having said all that, I think MT is slowly dying. It's become difficult to make a decent living in this profession. I'm one of the few lucky ones. I work at-home for a hospital. I get paid hourly, get incentive, and have all the benefits of being a FT employee. Oh, and they can't take my benefits away if I don't make my quota.
You can't support a family on 7 or 8 cpl or even 9 cpl when the dictation is the crap they won't send to India. I would suggest finding another profession. The trend in medical coding is that all coders will be working from home soon what with everyone going to the Electronic Medical Record. I would go into coding. You may end up working in the office for a while, but I don't see coding being outsourced to India any time soon.
Good Luck.
I *only* make $40K a year for full time work. Now I find that isn't decent is or fair?
nm
Mine are in year-round thank goodness! They've started their new year 2 months ago.
x
Union diesil mechanic - good pay, great benefits. We swap year to year on who brings home more sm
money.....but I am an IC and he has all the benefits...health insurance/dental that the company pays for, pension plan, 401k, etc. Factor all of that in and he makes way more than I do.
to cowgirl - Last I knew, last year the job paid $25,000/year no taxes, etc.
The hospital was bombed about a year ago, but not a lot of damage, very minimal damage.
44-year-old WF, M, Texas, 3 grown kids, just had 26 year wedding anv.
nm
nope, still crunching last few days of year to hit my 50k this year. how can you when you haven'
;
Nothing this year. We ALWAYS got a cool surprise in the past, but this year nothing. :-( nm
d
After I went to a 1-year MT course at a vocational school, it was so bad that I did the 2-year colle
Not only did I finally receive the proper training, but the woman on the advisory board hired and mentored me. I also joined the local AAMT and networked. Good luck. I know how frustrating it can be. A community college will have a good program to include medical language, MT courses taught by local MTSOs, business English, anatomy and physiology, pathophysiology, etc.
One year and you make decent money? What is decent money to you?
k
I think he makes $700,000.00 a year, and if they ask him to walk before his first year MQ has...sm
to pay him a cool 1 million dollars. You can check this out at the Medquist website. I think the CFO makes $350,000 a year, and the head of IT makes $250.000 a year.
P.S. This does not include the perks, like expense account, car allowance, sign-on bonus, etc.
Our 16 year old son has been working for a year now to pay for his truck.
He's learning how to sand and do body work and how the engine and transmission go together. My parents didn't buy cars for my siblings and I either. I had a 20+ year old beater car until I could afford to move up to a a newer one.
I see all the nice new cars parked in the high school parking lot every day. It's nice that so many disrespectful punk kids get handed something nicer to drive than what all the teachers drive. Oh, well. Honestly, I think most of them borrow Mommy or Daddy's car or are the child of a doctor who can afford to hand them everything.
Hopefully, my kids will take better care of their cars because they bought and built them on their own. You're not going to grow up to be responsible if you don't work hard for something and expect Mommy and Daddy to bail you out all the time.
Oh, my Dad lectured us on even allowing our child to have a vehicle because Dad didn't have one until after he had worked his way through college, lettered on the football team, got straight As, lettered on the baseball team, yadda yadda. He either walked or hitched a ride. Yeah, well, times were different back then, Daddy-O. LOL At least my kid has the opportunity to work and earn his own car.
IC - 30 hours week, $98K last year. So far this year - 28K. sm
Individual IC - own account(s).
Not me, owed last year, and expect to owe this year- sm
or break even, had more expenses this year. Only owed $200 but still don't want to owe at all. Need to start doing estimated tax payments again so I don't owe! Guess I will get off my butt and do that this year.
You spending 3K in gasoline to make 4K plus all that time on the road?That doesn't make sense Pat
How nice that the world revolves around what you make and no one else could possibly make more. sm
Marla in So. California pays 11 cpl for a 55 ccl, Oracle pays 9-1/2 cpl, MDI-MD 11 cpl, JLG 10 cpl for gross line, etc.
Of course, these are rates negotiated and paid to qualified MTs.
come on.. you cannot compare a 2-year-old and a 15-year-old
x
46/F I have a 9-year-old girl and a 12-year-old boy.
.
Got $$$$ back last year but this year
I have to pay them, sold a property I never lived in but I had enough sense to set aside $45,000 so just waiting on them to send me my WT2s so I can get started.
When I see mistakes I repeatedly make, I make a quickcorrect for it (sm)
for example if I type we plant o instead of "plan to" I have a quick corrct so that if I type plant o, it replaces it with plan to, etc. It is hard - I was with the same company for 8 years. I do not work for anyone with an accuracy requirement though.
When you make the copay, make them give you a sm
receipt for the amount you pay them. I know they don't like to do this because it takes time, but if you are really stern and insist on a receipt they have to give you one. Then, the next time you get billed for something you already paid, tell them to look for their copy of the receipt and let THEM do the work.
Yes, unfortunately you do have to make a pest of yourself to make it work, but.....
as the years went by that is why I stayed away from those type of companies. BTW, Noni is a fabulous product, I absolutely do not care for the "marketing techniques" they use. One of the facts of this type of industry is you cannot just recruit to make it, you have to retail. Ever since I "overhauled" my techniques and system...I never had to ask another person to some on board again. Well, nuf for now. Take care and have a blessed week!!
lol cut myself off. Anyway, I'll make close to what I used to make with MQ,
ddd
You can't make things worse and could make things better.
The skinny woman may be ill. The guy might not know the dog is a nuisance. Who knows? Maybe it is not as forbidding as it seems and maybe they just need to be asked in a nice way.
Ask me next year. sm
I quit as an IC telecommunting for a hospital where I was making $35,000 a year, and started for a national as an employee in April. So far, only made $4600 with them. Big OUCH! But just getting the hang of expanders and the 4 accounts I have.
Can't wait to see my end of year :(
less and less every year - sm
Used to be about $35,000, now is about $30,000
Can RAM die? I put in more RAM last year so I should have 768 -- but it says 256 now- sm
anyone have any ideas? I am positive after I put in the new card back in early 02/2005 it read 756. So if anyone had any insight or suggestions I'd appreciate it.....might explain why my computer has been a bit slow lately...we have also had a lot of power surges/outages lately, but I do have battery back up now (after it wiped my work out 2 x), maybe it got fried from that? TIA.
About a year now. Don't like it. NM
x
3 year old
I am very glad you have a happy ending. A friend of mine, who is an MT, had the same thing happen to her with a tragic ending. Her son had drowned in a pond on their property. He was also 3 years old. They just don't realize the danger.
Make sure he removes his make up before he goes to sleep, LOL.
Big S does. For one year.
I am actually thinking of dictating the information into a microcassette and then hiring a typist to type it out for me.
year-old
I believe I put it in Autocorrect as -yo and then expended to -year-old and it finally worked.
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