earning ENOUGH as an IC
Posted By: jojoTHEmt on 2005-11-10
In Reply to:
Hello all ... I'm considering leaving my hospital job to work from home f/t. But if i work for a national, as an IC, it seems I'll be luck to make $20 an hour. I'd have to work like a dog, all day long, to earn $150 bucks. And of course that has no benefits in that wage !
My ques is - how do you guys who work f/t from home for transcription services - do it ? How do you make enough $$ to pay all the bills, and then some? do you work p/t and do this as a supplement ?
It just seems it will be very, very hard to make what I earn now at the hospital. Thanks! JoJo - New Jersey
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earning enough
You won't earn enough - look at these boards and see how many people can't pay their bills and how many people have left MT.
Stay at the hospital! I just recently - 3 weeks ago - went back to a hospital job after 10 years as an IC and/or MTSO employee. There is no comparison between the two.
ALso, the trend now is for hospitals to start hiring their own MTs, at least for part of the work. They are reversing the outsourcing trend that started back in the 1980s.
I think you'll be sorry if you leave your hospital job.
CMT/earning potential
50, 52K? That sounds great to me---as someone who doesn't transcribe anymore, am thinking I'm in the wrong end of the biz. I have two hourly jobs, one FT and one PT as QA/editor from home and making 54. Would much rather work one job...hmmm...I would certainly go back to transcription w/the right employer and the only obstacle to my earning potential being myself. More info on types of companies you work for...??
How about earning via writing
See link below titled "Sample page." Sign up for free and start writing and earning. Read the FAQ on that site to learn about how. Also, visit the forums section and see how others are earning just expressing their thoughts, writing on topics they like.
If they make it that difficult to figure out what you are earning, then I would tell them NO.
These companies that cannot seem to want you to know what you are earning are hiding something. Say no. If they can figure out how to use a 65-character line with spaces, tell them to call you.
Too, the MTSO is not earning extra from the client
The gains come from their paying out less to QA.
Not talking taxes but fact you will be earning
x
Of course it's a business! Anything that's run for the purpose of earning a profit is a busine
 What galaxy are you on?
Great. Now more will flock to CS in hopes of earning $40,000+ a year.
http://www.careerstep.com/blog/?p=31
Why do they keep perpetuating this myth of making this kind of money with MT? New grads of CS are getting offers of 4-6 cpl for straight transcription and 1-3 cpl for VR. There is no way anyone is making $32 an hour at those rates.
I've never come close to earning $20 in years of doing this. Troubles with every company, usually
s
Longevity as an MT doesn't mean a higher wage. Lots of us out here still earning less
s
Ummm 10.00 per month compared to earning 800.00. No not free, but might as well be. BUT look aroun
server software IS free BTW: I find my solution EXTREMELY simple!!
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