Really well tuned expander, high lph, national with great bonus plan. sm
Posted By: not really secrets on 2006-11-08
In Reply to: how does one make 50K/year? - wondering
That's really it. No secrets I can think of. Familiarity with accounts, helps, but not essential, at least to me.
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National Health plan are you kidding.
The US has THE BEST health care in the country. Yea lets go ahead an nationalize it so the doctors have no need to compete to be the best. Btw before you make broad statements about health care. Look at Canada and UK. They have waiting lists for years for cancer treatment. It's like 6-9 months for a hip replacement. NO WAY NOT IN THIS COUNTRY. If you don't like your insurance find another plan....We need to take care of ourselves, not have the government babysit us....
The midsize national I work for has a nice tiered incentive plan sm
for employees, not sure about the ICs. In order not to qualify for one of the incentives, you'd have to transcribe at LESS than 150 LPH. Pretty easy to make bonus each pay period. The faster you are, the bigger the bonus. 
Great message!! This philosophy & plan...
...is what has helped me be successful in my career as an MT. It does work!
I'll bet I work for the same national! While I have great dictators, seriously they never say the
same thinge twice, save one surgeon who always ends his op reports with the same paragraph, which, of course, I have in my expander. I mean it - there are probably 30 doctors, and I never ever get a repeat or any pattern at all! Again, I have a huge expander that I've set up on my own over the years, and rarely type more than a few words "longhand", but I still am not hitting over 200-250 lines an hour. Oh well! At least I have great dictators, right?
That's great if I typed with 65 cpl, but my National's line figures
xx
Thank You for all the great suggestions - plan to try them to see what works the best. Really appre
nm
No regrets here. High scores, great job.
x
I agree - high-speed cable is great....
I use Adelphia and am very pleased. They offer an introductory rate of $26.95/mo. for first 6 months, and were recently also offering a $50 Visa gift card for "joining". The fee after that is $44/mo., I believe, but you can group it with a digital cable package and save more money. I have been very pleased with their reliability thus far. I went with them literally from day one when they came to my area, and at first the outages were frustrating, but now it is extremely rare for them to go out at all (knock on wood!!!!).
You're confusing the new QA plan with the new pay plan. New pay plan is still completely under wr
Shhhhhhhhhhh....
Agree this system is great to use with any expander.
x
A basic recommendation for a basic expander use plan SM
If you use your Expander mainly to store text for specific doctors and their specific reports you will 1) Find it extremely difficult and expensive to change jobs (critically so, to the point of eventually feeling you can't or even leaving the field when your employer lets you go) and 2) as someone said, find yourself spending a whole lot of time editing your expansions to the current report.
I strongly recommend instead contacting Linda for her system, then day by day developing your expander vocabulary of INDIVIDUAL words and phrases, untied to any specific report. I can take my abbreviation for "denies any fevers, chills, or sweats" (dyfcos) to any of dozens of companies and use it for dictations of thousands of doctors. No having to change it, because I also have one for "denies fever, chills, or sweats," one for "denies having fevers, chills, or sweats," and so on and so on. As Linda says, with a system the individual abbreviations don't have to be memorized. As you can see, these terms are merely the first letters of the words in the phrase(with Y standing in for "any" instead of A because that's my abbreviation for the word "any" itself).
BTW, regarding that last, editing gets very fast when all you have to type to drop in the word "the" here and there as you cruise through is a T, "his" a G, a "that" a V, et cetera. No special reason for those letters for those words, I was just looking for a one-letter abbreviation I could cut them down to to speed up.
Hope this makes sense. Linda will understand what I mean about the extreme importance of developing an independent dictionary of expansions that will work with any dictator.
Stay tuned! (sm)
I'm working on a productivity blog right now that will have the info you need to easily learn IT and other programs that will boost your productivity.
This blog will be absolutely free, available to anyone, and will offer daily productivity tips.
I've seen too many posts here and on other MT forums offering to share productivity secrets for a mentoring fee or other payment and decided to put as much info out as I could myself for free.
I'm not providing the link today because I want to have a week's worth of material blogged before I show it to people, but I felt for you on reading your post and wanted to give you a heads up.
Stay tuned Tiny. It gets better.
LinK, I feel you. I was transcribing & had my little TV on tuned to FoxNews when all of a sudden
I heard the news of a plane hitting the WTC. What an ominous, overbearing feeling that washed over me. I watched 9/11 last night. Odd how it started out being a documentary about a probie firefighter and ended up being a filmed account of 9/11. All those feelings came flooding right back and still felt so raw. I can't imagine how family members must feel who lost loved ones who were in the WTC on that tragic day. May God comfort those left behind.
A small national is a national company that is smaller
than a big national. There are a few "big" nationals, where they have hundreds, if not thousands of employees. I work for what I call a small national, only has about 30 employees. An MTSO could also be considered a small national.
I went from national to small back to national
My large national has all the resources and money to operate successfully and have decent platform, etc., to work on, the small company did not, and I went back to the national.
I am talking about the QA plan I dont know what the new pay plan is.
:
POLL: Productivity gain using your expander and what expander you use.
Guess I need to make it work harder.
The shortcuts expander works with the Bayscribe expander as well.
All at the same time.
Bonus
According to the pay schedule they sent me, it will be paid on July 18.
bonus
Got mine too, 1/2 after 3 months, second part after 9 months.
What bonus?
I've never gotten a quarterly bonus in the 8 years I've been with MQ. Hmm
Bonus
I wish it was called the end of year bonus and would come at the very end of the year, but it did come in a Christmas card so I referred to it as so.
Bonus
My company is out of Colorado and they are doing just fine. They have shown a 27% profet increase this year.
No bonus here!
nm
Medquist bonus
You must be an IC. I have never gotten a bonus, or a dime extra from Medquist, not even for working weekends, holidays, or nights and I've been there 8 years. Getting a raise is a joke, too. They are stingy. If you get a bonus, count yourself lucky.
MQ quarterly bonus
Yes, MQ does still pay quarterly bonuses to their SEs. We earn $50 for each pay period we produce 10,000 lines and another $10 per 1000 lines after that.
NO bonus here for the last two years!!!
nm
quarterly bonus
Do you still get quarterly bonuses as an SE with the new incentive plan and how is it now going for you?
quarterly bonus
Do you still get the quarterly bonus for the SE incentive program and how is it going for you?
October bonus
First of all, this whole thread is just a "what if." There has been nothing coming out of corporate indicating that quarterly bonuses will be cut out. With the new pay structure they are working on, maybe, maybe not, but it is just speculation. If in October they decided to cut them out they'd still have to pay the October bonus anyway because it is for work in July through September and they would be contractually obligated to pay you bonus on work already completed.
Or an MT looking for a referral bonus.
nm
Christmas bonus
I have five accounts and usually get an average of a month's pay. anywhere from 1700 to 200 per account.
Christmas bonus
Last year I got a $50.00 Walmart gift card from my company. Nice gift. This year I received a $25.00 gift card from Walmart. My company merged with another company, there are taking on new accounts right and left, I worked every single holiday, many many weekeds and when ever they would asked for help, and my bonus is half of last years. This is really sad and hurtful to say the least.
Christmas Bonus Ha
I'd love a Wal-mart gift card...I got a cheap plastic flashlight that had "together we shine" printed across the side.
christmas bonus
I have worked for this company for 11 years. Every year we get a 2 week bonus check. Not this year, not even a explantion. oh and the jackass boss told me a year ago that the bonus check was part of my yearly salary. the way i look at it, he owes me a two week paycheck. Sorry just had to vent.
That's a shame. We get a 10% bonus for CMT.
We're paid hourly with no production bonus (minimum expectations, but no bonus for going over), but with CMT, the hourly rate and benefits are superb. So yeah, it *can* make a huge difference.
Christmas bonus
I have 4 out of 6 accounts that give me a bonus, average of 50 to 75% of a month's billing. For the account that my IC's work on -- I pass along their percentage of that to them. Also take them and their spouses out for a nice dinner usually after Christmas when we are all not so busy. I make cookie or muffin baskets to take into each and every clinic even if they do not give a bonus. Also give them personalized calendars as gifts. Works for me.
Patti
Bonus answer
I think I would based on their performance. Before I got bonuses, I would buy a gift certificate to one of the nicer restaurants in the area and give that to them that could cover dinner for two. Also offered to babysit when they had little one so they could have a free night out. It just so happens that the psych account does give a bonus amd so I just automatically give them the percentage of what I pay them. They get 80% and I get 20% as that is how we split the cpl. I have always thought that was fair. It never crossed my mind to not share as they do the majority of the work. I know everyone thinks that we MTSO get rich off of our percentage but that 20% covers my pick-up and delivery of tapes to them, proofing, running interference when there is a problem, making sure that they are paid on time even though the clinic does not at times. Again, if you appreciate your workers then show them it will pay off. Patti
No bonus level for IC as far as I know.
I know of no bonus level. On hold they limit how much you are permitted to type. I am just searching for something better. Tired of being bullied for things I did not type.
Need bonus ideas!
The company I work for is setting up a new bonus-type incentive program for QA audits - something like this: 99% accuracy and above (bigger bonus), 98% accuracy and above equals passing (smaller bonus).
What we'd like to know is - other than enormous money suggestions ;-D - what would be a nice gift? Remember, this is separate from a Christmas bonus-type thing, which would be bigger. We do our audits every 4 weeks (per the clients), so it would be a smaller thing.
Gift certs? Realistic dollar amount ideas? Paid time off? Shoes (kidding - I'm a shoe freak - ha!)? Any ideas welcome!! And thank you!!
Christmas bonus...
My DH just got his Christmas bonus from work...out of the $4000 bonus, he brought home $2450 after taxes...Thanks bunches Uncle Sam!!! 
Don't get me wrong, I'm grateful for the extra money, but geez, 39% tax rate on a bonus, come on now, that's a bit much!!! Just venting here, Merry Christmas Y'all! 
bonus tier
I don't know what company you work for, but I would think that your company wouldn't offer a third bonus tier if they didn't want people to reach for that goal.
Does Medquist really pay out that sign-on bonus?
zz
isn't that the point of a sign on bonus? sm
I mean, if they paid it up front, what would be the point in working for them for any length of time? You could just apply, accept the job, get the bonus, and quit! Come on, think about it. Does anyone pay an up front sign on bonus? 
Bonus from OJT - foreign dictators. (sm)
I learned OJT in a small hospital with a PDR, Dorlands and a boss with an attitude from &*^%&*^. There were only about 7 doctors on staff, 4 of which were foreign. I started off learning to cope with a Thai accent in a physician who had had a speech defect, a Nigerian, a Swede and a Czech. It was a painstaking way to learn, but I am greatful every day that accents have become a way of life for me. I almost prefer them to some of those mealy-mouthed speed demons.
I can remember cursing when they would say "Go back up and change this". Just rip that paper out of the typewriter and start again.
My children can't imagine a time before computers. Will have to take them to a museum someday and show them what life used to be like.
Has anyone ever received the referral bonus from MQ? sm
If so, how long did it take to get it and does it only apply if you are employee status?
Well, since you work more than one job, your quarterly bonus is probably not what it could be...sm
...and I am sure that is why you will stay.
$2000 signon MQ bonus
i questioned those bonuses myself to my supervisor when I was turned down for a raise. how much sense does that make when it's a new person that has to learn the account? why not keep employees happy who are already there -- oh, excuse me, we're talking about MQ - nothing logical seems to rule. like i've seen so many say maybe there is something else going on that we don't know about.
as to your career change, i'm contemplating the same thing myself, just haven't figured out what because the transcription business is not about the MT anymore.
She doesn't even know if she earned the bonus because
she doesn't know what the bonus was based on is everything that I've read in this situation. The co said there would be a bonus, but she has no idea for what or how much. Sounds like the company put out a little snip of info, got the person to work her butt of to "qualify" when there possibly was not a bonus even to begin with.
Incentive Production Bonus
I have worked several in-house transcription jobs in my 20 plus years as a medical transcriptionist. I have been paid hourly for each one. I have never received a production bonus. In fact, I had never heard of such a thing until I started working for a national at home. I did get overtime at time and a half for working over 40 hours a week, which is more than a production bonus would ever be. Good luck with your project!
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