If IC - just raise your line rate
Posted By: Patti on 2008-02-20
In Reply to: What do you think?? - Curious
I have been around a while and have never heard of a small MTSO making that much off of an IC -- larger companies that have to pay benefits, for computers, QA and so on, perhaps but not a small MTSO Sounds like one I did work for a little while and then decided I was doing everything and being paid nothing, but she only got 4 cpl off of me. When she decided not to invoice out on time and I did not get my checks, that is when I left. But again, you are the boss. Also if you have no contract you can contact them directly -- after you quit -- and see if they wish to have you continue with the work or stay with her and start over with someone new. Also you must either be getting paid next to nothing or she is charging an arm and a leg and either way, whatever you bid on the account you will be making a profit.
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Rate raise
I am going to do mine. Have not done so for the past 3 - 4 years and so going to try to do 1 cent raise per mine. Hopefully they won't complain too much but I still pick up and deliver and so it hits me hard as my paper has also gone up. So we will see. Usually when I do this they back off a little and don't dictate so much for a month or so but then it goes back to normal. Let me know what you are doing. I am in Oregon. Been doing this for 16 years and I think I started out at 8 and now at 11 to 12.
Patti
RATE RAISE
Since you are working for him as an IC and have informed him of the rate increase, just bill him for it. That is what I do. If they didn't accept it they probably would have spoken to you by now. Smile!
As IC, dont ask for raise. Tell him what your new rate
2
Easy. Raise your rate.
x
Glad it works for you... but I think you need to raise your rate and at least do a dime! nm
nm
I have not had a raise since 1994, should I blame Clinton or Bush? At any rate, see inside...
Musky Income Myths
by Alan Reynolds
Alan Reynolds is a senior fellow with the Cato Institute and a nationally syndicated columnist.
Democratic presidential candidates advocating really humungous tax increases -- Howard Dean and Wesley Clark (until he withdrew on Feb. 11) -- appear to have lost ground to two favoring merely enormous tax increases, John Kerry and John Edwards. It would seem to follow the latter two should rethink their plans before challenging the only candidate who thinks tax rates are plenty high enough, George W. Bush. Amazingly, however, the Democrats are pulling out the old "income inequality" card. It worked so well for George McGovern and Walter Mondale.
Business Week says Mr. Kerry and Mr. Edwards "believe a Democrat can repeal top-tier Bush tax cuts with impunity because income inequality has widened under Bush." Taking a less partisan and more statistically defensible line, the Socialist Equality Party says, "Until the Bush administration, the Clinton years saw the greatest growth in social inequality in American history."
Such claims suggest the top 20 percent, or 5 percent of families, have been collecting a rising share of "our" personal income -- hence "income inequality has widened under Bush." Any candidate who says that has to be lying. The latest available data on income shares is for 2001, and they show no increase in inequality.
The recession was no picnic for top earners: There were 690,000 fewer managerial jobs in 2002 than in 2000. If these cash income figures included capital losses, they would reveal ample pain among "the rich" in 2001-2002. The poverty rate did rise from 9.2 percent to 9.6 percent in 2002, but that was still lower than the poverty rate in any year from 1980 to 1998.
To defend President Clinton from socialist egalitarians, prolonged increases in real output per worker (like 1996-2000) translate into increases in real income per worker. Since there are typically two workers in top income groups and less than one full-time worker in the bottom income group, it is mathematically unavoidable that the gap between two-earner families and no-earner families must grow wider whenever the economy is doing well. Real median income among families with two full-time workers was 43.6 percent higher in 2001 than it had been in 1991 -- an annual increase of nearly 4.4 percent a year. Families with no full-time workers did not do that well.
Most important, it is simply a statistical hoax to make long-term comparisons between the average (mean) income in any top income group with averages in lower groups. That is partly because the upper threshold on the group just below the top rises over time whenever real incomes in general are rising. As a result, increases in general prosperity mean incomes that once would have been large enough to make it into the top 5 percent no longer qualify.
Census figures say the top 5 percent collected 21 percent of all personal income in 2001, up from 20.3 percent in 1993. Measured in constant 2001 dollars, however, a family needed more than $164,104 to be counted among the top 5 percent in 2001, while anything above $136,539 would have qualified in 1993.
So long as that threshold kept rising, the share at the top was almost certain to rise, too. After all, an average of all income above $164,104 is almost certain to be larger than an average of all income above $136,539 simply because all incomes between those two figures were included in the top average in 1993 but excluded in 2001.
For the same reason, it makes no sense to compare long-term growth of average income in any top income group with growth below. Only the top group has no income ceiling, and the lower threshold defining membership in that top group rises whenever incomes in general are rising.
Because only the top group has no ceiling, increases in a small number of very high incomes (e.g., trial lawyers) can make the mean average in the top group rise much more than the incomes of typical members of that group. This is why it is considered misleading to refer to mean rather than median income as "average" in every other case, and why it is particularly misleading in this case.
Rising real income also raised the definition of the "middle class." The lower and upper limits defining the middle three-fifths were $20,262 to $64,241 in 1975 (in 2001 dollars) and $24,000 to $94,150 in 2001. Periodic fables about the "vanishing middle class" miss the obvious: Those who "vanished" moved up.
The main reasons some families earn more than others are not as shocking as politicians would have you believe. Consider these horribly shocking Census Bureau facts about inequality:
Families with two people have incomes at least 3 times larger than families in which nobody works. Median family income in 2001 was $51,407. But that figure combines median income of $21,958 among families with no workers and $66,151 among families with two earners. Among married couples where both work full-time, median income was even higher -- $76,150.
Mature, experienced employees earn at least 3 times as much as they did when they were young apprentices and trainees. Average family income was $16,014 among families in which the household head was younger than 24, but $45,978 when the household head was 45 to 54.
College grads earn at least 3 times as much as middle-school dropouts. For family heads with a bachelor's degree, median income was $78,518; for those with less than a ninth-grade education, median income was $25,077.
If all this rampant inequality strikes you as grossly unfair, you should indeed consider electing politicians promising to do something about it. But they can't really do much unless they promise to take money from two-earner families and give it to no-earner families, to take money from those who go to college and give it to those who didn't bother attending a free high school, and to take money from those who are at an age where they're trying to put the kids through college and give it to those in their early 20s.
The taking half of that policy is a reasonably precise description of who indeed would have their pockets picked under the tax plans of Messrs. Kerry, Edwards (and Clark). In whose pockets the expected booty would actually end up, however, is apt to prove as mysterious as figuring out what Mr. Dean did with all those millions he collected with Internet spam
Gross line, also including blank lines because my line rate is so low. It all works out in the wash.
x
1) do you have a contract stating line counting and line rate,sm
if you look at the IRS website it's pretty clear what constitutes IC versus SE versus employee. You might want to photocopy that along with a copy of your contract with your next invoice and also put on the invoice any monies due from past invoices they "changed"...maybe catch more flies with honey than vinegar. Good luck!
That still is not a paid line rate. If your base is $0.10 per line, it will be $0.08 cpl.
Considering other companies pay 4 or 5 cents per line for VR - you are still making out.
It's the only place I have ever lived.. Great place to retire or raise a family. Low crime rate e
living is pretty easy here. Low stress..
I would go with the line rate. At less than 9.5 cents per line sm
I make $30 an hour. I would never transcribe for $15 an hour, for anyone.
This has not always been the case, hence it hurts more. Merit raise/cost of living raise
dd
How do I know what the line rate is, since it is the co's
zzz
Line rate - sm
If you do 250 lines per hour at 8 cpl, you would make $20. If you did 300 lines per hour, you would make $24. The platform and many other factors would determine how many lines per hour you could do. I would not expect to be offered much more than 8 cpl for radiology, if that. Good luck.
line rate P.S. - sm
I'm referring to employee status, not IC. You could probably get a little more per line being IC, but I'm not into IC status, so can't say for sure.
Rad line rate - sm
Depends on IC or employee...if employee, you'll be lucky to find 8 cpl, probably 7-7.5 cpl is average. Don't know about IC, but seems they don't offer much more than that anymore. Experience doesn't seem to play much of a role anymore either...seems they offer the same no matter how long you've been doing it. Good luck.
line rate
I agree with Patti. I also work at home and get many distractions but also have accounts that I make around $35 an hour. There is no way I could accurately log in and out on a time card and would also lose money. I am very accurate, as I proofread everything. I like the line rate but agree that companies should pay a higher line rate to more experienced transcriptionists and should be more concerned with accuracy than they are.
line rate
does anyone know what Spheris pays per line or what the going rate is per line.
Is the line rate enough to
make ends meet? Do you have backup work in case their volume drops? Do you have the flexibility you need? These are all questions I would consider before doing IC.
Line rate
In my opinion, 9 to 10 cpl for clinic, 10 to 12 cpl for acute care. These should even be higher if you have your own accounts (no middle man). But like some said below, it all depends on the account and also the way the lines are counted. I have over 12 years experience in all specialties and in acute care, and I have worked for 8 cpl as an IC and made more per hour than working for 11 cpl doing acute care. The 8 cpl was all by templates and I could make many, many normals, averaging about 400+ lines per hour, plus it was easy work.
Ask specific questions about the work, what kind of account, how many doctors, etc. That in my opinion is more important.
line rate sm
Oh boy, now I see a line rate advertised to the "buyer" for 7.9 cents. What are they paying their transcriptionists -- 5 cents?
line rate
Hello. I am applying for an MT job and I have 21 yrs of expereince. They want to pay me 8 cents/line. Is that the going rate? It seems it should be more since I started 21 years ago getting 7 cents/line.
LINE RATE
I AM THINKING THE SAME, I SENT A TON OF RESUMES ON MTJOBS WHO DO YOU WORK FOR OR IS THAT ON YOUR OWN?
line rate
i live in long island. new york!!!!!!!
line rate
i am doing it more from boredom as i have my own accounts also that don't take much time and is not productive enough for what i am used to. it seems like it should be more to me too.
line rate
I think it is pretty common knowledge what the average line rate is for nationals, etc. Does anyone know what the national gets paid by the line? I'm wondering because I may have the opportunity to work directly for a hospital without having to go through the middle man. Keeping my fingers crossed. I don't think they have much of a clue of what to charge either so I thought I would just see what an average might be? Thanks.
line rate
that is pretty low to start. Are you brandnew in the field? If no experience, it might be worth it just to gain some.
line rate
I think going by gross line is a good way to go.
line rate
I make 8-9 cpl per gross line, and that is with a middle man, so the docs are paying 12-13 cpl per gross line.
Location is definitely a factor in pricing, but in my case, one MTSO is across the country from me and the other is local. I think that is definitely a low rate for direct office contact.
Line rate
I would like to get my own accounts with doctors but I don't know what to charge. How do I figure out what to charge. Does it matter where I live and what specialties I do?
Line rate
I haven't found anything. What should I do a search for?
Line rate
I charge 15 cpl to my neurosurgeon, only because he takes too long to remit. I do think I will offer a discount like you within 3 days of receipt, of course. But he has never balked at my rate. I almost feel guilty charging this rate.
Per Line Rate
When I started my new job with a national, I told them I would not take less than 9 cents per line for my 20+ years of experience, and they agreed. If we are foolish enough to say okay to the low rate, so much the better for them! I hope everyone listens to this poster because she is so right.
Line rate
What would be a reasonable line rate for dermatology. Current MT is charging .12 per line. I will be typing very short one or two paragraph letters with no progress notes.
Also, I need a dermatology reference books - Any suggestions?
Thanks
Per line rate
I see a lot of talk about line rates and MT's unhappy with their line rate they receive. I would like some opinions. We pay 8 cents per line and the line consists of 65 characters plus spaces. This is exactly how we invoice our clients. Is this a fair rate in your opinion?
ASR line rate?
Just started training in ASR and received line rate and LPH goal proposal. I have no way of knowing if this is an acceptable rate or not. My first imperssion is that they have basically cut the line rate in half for ASR work and are expecting twice the number of lines just to break even on ASR vs nonASR. Goody, goody Type twice the lines for half the pay. Would appreciate any input on competitive ASR line rate and production goal number, i.e., lines per 8-hour shift.
VR line rate
Could someone just throw out some numbers for me on a fair VR line rate? I know the rate will vary greatly - just as it does for MTing and QAing. We all know the nationals pay 8-10 cpl (hopefully on a 65 character line w/spaces) for MT work - and more often than not they just pay for the typed report and not for any ADT info - no headers/footers, signature lines, etc. We probably can agree on QA rates - 3.5 seems to be the minimum acceptable and again on a 65 character line and while the company would like to believe you match 100% voice to typed word - it is possible to give a quick read and fill in the blanks - but only if you know the MT and know the dictator and this can be dangerous. Can someone please PLEASE give me some indication of what VR pays? Thanks so much!
per line rate?
I have been working with the company I am with now for 4 years. I have 10 years of MT experience. I am wondering what I should be able to expect for pay per line? What is an average or what are other people are getting paid?
We get a better line rate sm
overall for working more difficult accounts, and this includes heavy ESLs, but all work types. Bonuses for lph production. But nothing specifically for work types, just general level of skill. I've never seen anywhere that they adjust by work types (although I think they should).
I'd look for another job. With my line rate at
the number of lines you do a day I'd make $65,000+.
Anyone know what the going rate per line is in NJ?
Line Rate
In my honest opinion 9 cpl is good for online work. You would want to go higher if you had your own account though to cover your overhead especially if it required printing or delivering the work, other duties as required including bookkeeping.
I think 8 cpl is acceptable though in a case where the dictators are good, and you can get good lines especially if it is for a national or MTSO. However, I would expect a raise if you stick it out, are responsible, and are in essence making the MTSO money. I hope this helps.
Then you have the fact that an employee might not make as much as an IC per se because an employee is getting benefits as opposed to pay per line rate.
Line Rate
I know it is not set by the state I just want to know what people are actually getting paid so I can get a feel for the industry average in Michigan.
line rate in MI
I live in Michigan and get 9.5 cents per line. I am a subcontractor.
line rate
I know, but what is the line rate you make?
line rate
It is a simple question. What line rate do you get?
what line rate do you get
As an IC what line rate do you get?
The line rate is so different...
At 0.03 a line, you'd have to edit 1500 lines a day to make $45.00 a day. At 0.08 a line (which should not be hard for you to get at 25 years experience), you could type 750 lines and make $60.00 a day. To me, the amount of work and the headache of VR is not worth it. With VR (depending on how good the dictator), an MT can end up totally re-writing the report anyway, and for 5 cents less than you could just type it in the first place.
I'm not a fast typist either, but I'll plug along at the typing over VR any day.
line rate
Ditto on line rate - I earned 7.5 in 1994.... we all agree to band together and refuse. Currently at 10 and 12.... let's work on keeping it there!
help on line rate
What is the current average pay rate for a 65 CPL/line?
line rate
I would say $.10 per line. At least keep up with the companies in India!!!!
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