Poll: What do you consider a good income for MT work currently?
Posted By: Please see inside on 2007-09-10
In Reply to:
You can answer in your subject line. Talking about gross annual income:
1) $20,000 to $30,000
2) $30,000 to $40,000
3) $40,000 to $45,000
4) $45,000 to $50,000
5) $50,000 and up
6) $60,000 and up
MT work - IC or employee or MTSO, even QA work could be included here.
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Quick question or poll - What does one consider "good money" for weekly bring home income? sm
Would you consider $1000 a week, IC status, working 5 hours a day, 5 days a week "great money"?
What do you make a week and how many hours do you work?
This is for informational purposes only and not to belittle or degrade anyone or boast and put anyone on a soapbox about their income.
Thanks for your help!
#2 is a good income but
//
MT, whenever I see someone saying a good income isn't possible SM
I immediately suspect that person is still typing most dictation out slowly and laboriously, letter by letter, word by word, like in the old days. Not as bad as trying to do this work on a Selectric, making corrections with Liquid Paper, but still way behind the times.
I have over 37,000 entries in my Expander program--words, phrases, paragraphs, whole report sections, and macros--and I'm still trying to catch up with people who use a lot more.
But just for instance, two Keystrokes are what it takes me to separate a run-on sentence into two and start the new sentence with a capital "The." My ShortHand knows I'm not really computer literate, so it recorded the strokes I use to type that normally and asked me to give it a name. I chose ".t"--the two keystrokes.
"Dr. Samangaranapour" is "drsam." And so on. And on.
For a slow typist, with the help of my expander I'm now record-breaking fast by the old standards.
And that's how it's humanly possible, and why so many people are still making good incomes on the current pay rates.
Fortunate enough to have a DH who has a very good income, plus...
the fact that we have no debt but our house. There are those people who just have to have everything right now, no matter what the cost. We have 1 fairly newer SUV, paid for, and DH drives a paid for, older commuter Subaru that has over 200,000 miles that he drives 66 miles a day round trip to work. We don't have kids at home anymore, don't pay for college, still manage to save a bit. I'm always amazed at the couples with kids who have an SUV or mom van, a big truck for dad, boat, RV, flat screen TV, etc, and all the payments to go with them and then complain that they are broke. If people lived below their wage there would be no problem. Our next big crisis in the US is going to be credit cards...imagine buying $100 worth of groceries and paying 19% interest forever!
Good poll!
It makes me feel like I'm not the only one struggling!!
1. $1900-$2400
2. Yes, 3.
3. 6 cents (only 3 hours per week), 8 cents (30-40 hours per week), and 7.5 cents (15-20 hours per week).
4. About $2000 for bills, gas, and food.
4. Umm...we should have a little bit of surplus by my calculations, but it doesn't seem to work that way. 
Good point - Income Tax and Social Security
It would be nice to see someone do a study on this. Not only the income tax dollars there are not going to our federal government, your states, but also what it would do for our social security program. I am sure we would be shocked at this impact. No one seems to want to talk about it. They say that offshoring is good for our economy because it makes businesses more profitable - but at what cost to all of the American people regarding jobs and tax funded programs? I don't get it.
work 2 jobs - see income going down -
as I still do mostly transcription but both are heavily into VR with huge pay cuts and I am so fast at typing that I will lose money big time - FT national 45,000, PT small company 13,000.
How does income tax work when you're IC?
I was offered a position from a company as an IC, and the contract had a clause about being responsible for your own tax deductions, etc. As I have only ever been an employee, I am not entirely sure how this works. If you are IC how do you pay taxes? Thanks!
I am in #5. I started the poll. Just curious what others think is good.
no message
Work poll
 How's the work flow today. Back to normal from the holiday or same old same shortage?
Poll: Where you work
Do you work for:
--a national
--smaller MTSO
--hospital/clinic
--self-employed
74K solid year income + MT work
I saw in the Education Website a 74K package + some MT work that could get you into 90K a year after taxes. Is it worth it?
Not sure, I have deductions for federal income tax, SS tax, Medicare tax, and state income tax. ???
nm
IF it is secondary income, where is the harm? As long as you work around your kids (at night, naps)
a big plus when you are around kids all day and bring in a little cash to help out the household.
Poll: hardest and easiest work types. I enjoy...
orthopedics and psychiatry. Do not like cardiology, oncology.
Work for a company in a state that has no state income tax
I think there are 3 or 4 out there (Florida, Texas, and a few others.) Then you really avoid the tax situation.
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Good. Why dont you send some our way. What office do you work for so I can call and get your work.
:
Is 5 cpl for VR work good?
I was just offered a job from Transcend and have read that most of their work is VR. Is 5 cpl any good? I really want to learn VR because it looks like that is where the future is headed. I used to be offered 9 cpl for straight transcription, and now I have to beg for 8 cpl for clinic work.
Good for you! But not where I work.
Thus -- the pay stinks!
good companies to work for
Hi,
I am a recent M-TEC grad who is beginning the job search. Does anyone have any companies that they really like working for or have heard good things about? Any information would be greatly appreciated. Thanks!
Jen
Good companies to work for.
I have found Spheris to be an excellent company to work for. They provide you with the equipment and with on-line paid classes to teach you their system. The supervisors and help personnel are terrific. You set your hours and can have as much work as you want without ever running out. They have terrific benefits and fun things to do and an on line info system that teaches you whatever you need to know about medical transcription. I have been self-employed, and have worked in a clinic for 15+ years and find Spheris to be the best of all. Good luck in your search!
Dee
Good companies to work for
I disagree with Spheris being a good place to work. As a newbie, you should stick with a smaller company. Somewhere where you will get individual attention and not be lost in the shuffle of a huge company. If you are placed on the right team, you might be okay. If you are placed on one of the teams with incompetent managers or supervisors, you are destined for doom. Just my personal opinion.
Good Company to Work For
I really need to make a change. Can those of you out there that REALLY LIKE the company you work for send me a line? I have already applied to quite a few, and now it's decision time. I appreciate any input you can give me. Thanks in advance! PJ
You are just too funny. Keep up the good work
I'm 120 now from previous 150. I know that doesn't sound like much, but I just make 5 foot 2 if I stand up perfectly straight. So I guess I've lost quite a bit of "butter."
I do have tons of butter on hand to bake with and I bake all the time, but I don't eat the stuff that I make. I feed it to my tall skinny hubby and all 4 tall skinny kids. It's just NOT fair! 
You learn as you go. Keep up the good work.
Despite the occasional nastiness of this board, the majority of posters are very helpful. I've always found it a great help when you need it. 
MQ was a good place to work
I have been with them for 6 years and before that with another company. I have been extremely happy working for MQ; but too many things are changing and it is a very uncomfortable feeling. I wish I still had my old office to work from but unfortunately I have no say.
I might be checking out the grass on the other side to see if it is really any greener. What do I have to lose? I am no longer happy.
I wish you well and hopefully your office won't be closed and you are transferred into unfamilar territory.
Medware - Are they really a good co to work for? Thanks.
nm
SS is a good company. I work as QA though so I don't know from
an MT perspective on the work load. Been with them almost a year.
Congratulations! Keep up the good work and...
thanks for this site.
There ARE good places to work for out there
Congratulations! I'm glad you found a job that works for you.
I, too, have found my niche. It's pretty unique and probably wouldn't work for anybody else, but it works for me. 
Good MTs won't work for 7-8 cpl. Pay decent $
a
So, who's a good company to work for?
I have 8 years of experience in many MT specialties. What are the best companies that are HIRING? TIA.
I have some good friends that still work there. n/m
X
I have heard both good and bad--and I work there.
I am a recent transplant due to the company I was working for, TRS, being acquired by Transcend on April 1. No fooling. So far, so good....
If I remember correctly, according to their website, they require 5 years of acute care experience--which, when I was looking for a job, I did not have, and therefore they would not even let me test. And now they've got me anyway. Go figure.
My own experience has been fine so far, but I am still working under my former TRS supervisors, on the same accounts. Others' mileage may vary.
Please feel free to e-mail if you think I can answer any more questions. I am crankybeach at yahoo dot com.
before slamming starts..pay is good..work is there..sm
before the naysayers (or the ones cycling through the system) start, we pay top money, always have AND the work is there...have never had complaints of not enough work. I have had people claiming to do 100+ reports a day that do 20 a week...I have had MTs claiming that they have never had reports returned and yet every report they produce is full of errors or blanks. So either there are clients out there that take anything produced and have editors they pay to fix everything or these people are in LALALALALAL land.
I have had seasoned MTs apply that can not produce quality work...so while I have "been there and done that" as to working for national companies that give you 3 or more accounts because they over hire...worked for national companies that get you up and running then switch you to ESL only accounts so you never make bonus or even lines for the day...I have also been on the end of hiring and setting up people that have stolen equipment, programs and clients. I have hired people after good screening that have never started work, or worked one day and then never worked again.
It is a two way street...there are good MTs (all of which must be working because I sure have not found any lately) and there are bad..the same bad ones that slam newbies on the boards or give snippy answers for everything posted. AND htere are bad MTSOs out there too. Not everyone is a perfect match for each other, but as someone that has been on both sides, it gets old to constantly hear about the bad MTSO or even national companies, but we never hear ANYTHING about the bad MTs that are out there...and there are...ask any MTSO :-)
Good thing you work at home
Hopefully one day when you need to vent, you at not treated the way you treat others but what goes around does come around.
Good accounts and plenty of work. sm
PT line count is 6000 per pay period; FT is 12000.
Yes, but can you transcribe? Do you have good work ethics?
Yes, but can you transcribe an easy 2 minute dictation in under an hour?
Do you have good work ethics? Which, begs the question, do you know the definition of ethics?
Can you stick to days and hours you agreed to?
Can you not make up excuses for not working?
Can you stay in your chair and not a leave a job hanging for hours on end?
Are you in this century regarding technology? Which, also begs the question, can you download, install, configure, and operate the newer programs that MTSOs are using?
If you answered no to any of these questions, you're in the wrong industry and from what this MTSO has been getting lately, there are a lot of you out there who have absolutely no business trying to work in this industry.
Thank you, sounds like you work for good people....
I think no matter where you go it has its little ups and downs. Have a good day and thank you for responding.
can't imagine doing good work at home
(no buddy-help) without MT training, and getting good QA scores. There's too bloody-much detail anymore, ie, all the BOS rules, on top of account specifics, terminology, accents, etc... I have seen a couple people pick up the terminology and do well with only on-the-job training in the hospital setting, but that seems rather rare.
iChart...is this a good or bad platform to work on?
Any info appreciated. I have never worked on this platform. TIA
Good luck, what line are work are you in now? nm
x
Because MTs in the US become the "editors" to fix their work and make them look good. nm
;
If you want the good stuff, work GRAVEYARD, or
nm
depends on how badly you need GOOD work
and whether you are one of those who spends every penny on payday or budgets.
25-40 bucks an hour suits me just fine, cake platform...
you must just like to complain
I currently work for Transhealth. I tihnk it is a good company.
:)
Depending on who you work for.... you can make good money
I usually average between $15-25 an hour doing VR. That is enough for me. I think it helps if you have companies that pay for footers, headers, spaces etc.. Good luck.
I work 2 jobs and have my hours set pretty good. First
job is Sun through Wed 6 am to 2:30 pm, since we only need 32 hours for benefits. Second job is 8-11 pm Sun through Wed. I work both jobs at home so on Thurs. and Fri. I volunteer at the middle school so I get a chance to get out of the house and deal with other people. I got lucky because both jobs pay every other week but on different weeks so it worked out that I get paid every week.
I need help finding a good company with steady work..sm
that pays a minimum of 10 cents a line. I have been an MT for 27 years and I take pride in my work. Things have changed at my current company and cherry pickers have taken over so I end up doing all the reports no one else wants to do. This takes me longer and my line count is suffering. I know there have to be good companies out there that pay well and need good employees. I have left my email address if anyone would like to offer me some hope and share names of companies. Please no flames, I am just an honest MT wanting an honest job with decent compensation. Thanks for any help.
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