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means statutory employee...

Posted By: SE on 2005-10-11
In Reply to: SM - Patti

The link someone gave above has a section on statutory employee (SE) but are still independent contractors


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SE as in statutory employee at MQ nm
 
Statutory employee s/m

was statutory for years until MQ made us all go to regular employee status.  The one thing I loved about this job was freedom and they really took that away when they set us up as regular employees. 


I just took another job as a statutory employee and am working out my notice with MQ.  Love, love, love it.  Statutory is the best of both worlds for me since I don't need bennies.  The PTO was nice, but the freedom is worth so much more. 


Doh! I thought SE was statutory employee. Sorry! NM
x
Statutory versus employee
Are there any advantages to being statutory versus an employee?  Anyone out there working statutory who can help?  Thanks!
What are the benefits of working as a statutory employee?
x
Statutory Employee vs. Independent contractor
I work for company "A" as an IC. I work on Dictaphone ichart platform. I make 9 cents a line. Good accounts. Good managers. I have been offered a job as a statutory employee with company B, still on dictaphone, still 9 cents a line. Is justifiable to make a lateral move to company B just for the sake of being an employee? Tell me pros and cons please! Thank you!
too many variants. are you employee or statutory? what office? what reports?
not my office.  you have to work so many weekend hours per pay period but you can choose the hours.
You an IC, statutory employee or employee?
That designation, and/or forcing the IRS to designate you, can make a diff. Are you a corporation? Partnership? You need WAY more help than we can give you.
Question about SS - I am statutory employee and my employer withholds 7.5% for Social Securty - sm

I have only been a statutory employee for a couple of months (I was an employee with benefits with my prior company). My employer withholds 7.5% or "half" of the Social Security/Medicare 15% and I was told that will need to pay the other 7.5%. How does that work?  Thanks in advance!


Can a statutory employee draw unemployment if terminated from job due to restructuring of company?
nm
Congrats - orientation means *new employee!*
/
Excuse me but federal taxes are paid as employee by employee
The ONLY difference in IC is you pay the ENTIRE amount of the SS which is the 15.25%, as an employee you only pay 7.75%.  And you can easily make up that difference in deductions.  As an employee you just have someone else manage your withholdings and as an IC you do it yourself.  I have much more usable income being an IC and not an employee and I am strict about putting aside what I need to.  But everyone always says you have to pay your own taxes, well your employer does not PAY them for you -- except 7.75% of SS, they merely withhold it for you.  As an IC you are the employer. 
it's spelled right. Exo means outside and you know what phrenic means. nm
:
statutory
I know this has been asked before, but could someone please tell me the difference between statutory employee and just employee?  TIA
statutory vs IC SM
Thanks for clearing that up, all this time I'm statutory and thought I was IC. So does that mean I could apply for partial unemployment??
statutory vs. IC sm
 So if companies cannot dictate schedules to an IC, what about statutory employees?  I haven't discussed any of this with my company in 5-7 years!! Now they suddenly need an update, wherein they want to demand a set schedule....
Statutory employees too?
Is the new pay plan for statutory/IC employees too?  Cant you only switch to full time employee status twice a year, I think May and October or November.
statutory employees - MQ
When you have to take off, do you call in sick like you would a regular job?  In the past, I have and they have been quite unreasonable if I needed to take a day off for sick or personal reasons.  What upsets me is when there is no work, Im stuck, no work, oh well, but when I need to take off, I better be there, I better work or they have been quite nasty with me..What has been others response?  What have others done when they needed to take off?  Thanks for your response!
time off statutory
As they are quick to point out, as statutory you are NOT an employee and do not have empolyee benefits; they can't have it both ways, if you are IC and want to take off they really don't have a right to say anything; offices differ, but that's the bottom line.
Statutory status
When I worked statutory, they took out Federal, SS, and Medicare.
Any statutory employees out there?
I'll be starting a new job soon with a service as a statutory employee. I want to get on top of my tax situation now so that come April I won't get hit with a big bill from the tax man.

Any suggestions/guidelines for how much of each of my checks I should be setting aside for taxes? I know that my employer will be paying 1/2 of my Social Security taxes. What about the rest?

Thanks in advance for your help.
statutory status
I sent you an email.
Statutory, I guess
PT, no benefits, no paid vacation/holidays, etc. The only thing they do is withhold my state/fed taxes. I work hours and days specified by them.
Statutory status question....sm

if you are statutory status they take out federal, but not state taxes, is that correct?  What about SS? Thinking of taking a job on statutory status. Thanks.


Statutory MT/Independent contractor

Does anybody know of companies that still hire Statutory or independent contractors?  Since I take the standard deduction on my personal taxes I can no longer deduct my MT expenses and that's a major ouch.  Thanks for any help.


 


 


question for statutory workers
What percentage would you recommend setting aside from each check to cover your taxes?  thanks.
Does MQ have STATUTORY EMPLOYEEs anymore under new plan????

It does not mention statutory anything in my letter dated 9/2/05.

I see "newly defined FT employee classification w/flexible...


I see New Part-Time employee classification w/flexible ...


I see Opportunity for PTO for part-time employees and increased PTO of up to ....


but I don't see nuttin about STATUTORY EMPLOYEES.......Statutory is not part-time


I only work part time statutory and
full time with another company, I have a little bit extra withheld from my FT job each paycheck. I try to save 30% of my SE job pay to have on hand when tax time comes, even though I don't need that much, it covers me for everything plus after tax time I still have money in savings. It does depend a lot on your life though, what deductions you have, what tax bracket, etc. I am single with no kids, so I wind up in a higher tax bracket, therefore feel comfortable only when I save more.
Question for you Statutory Employees about retirement?
Any of you who work as an SE, have you ever looked in to an SEP IRA or an individual 401K for funding a retirement plan?  I  was just wondering if this is allowed, since the income is considered self employment income, but I have searched on the Internet and can't find anything to tell how the laws specifically apply to SE's.  I know if I was an IC there would be no question.  I already have a Roth IRA but the limit for that or a regular IRA is $4000 a year and that is not enough IMO for retirement, would love to be able to save some of my SE income tax-deferred.  I'm going to ask my accountant about it but figured out of courtesy I would wait til after the tax filing season winds down.  Just curious if any of you could help out in the meantime??  TIA.
Did you get the email this morning about the new pay plan for statutory employees. What is your
feeling. I know I cant struggle any longer or harder for money anymore. I agree. I am in all these different accounts to make lines, being QA'd on all of them and I just cant do anymore than what I am doing now so I am not sure what step to take next. I guess just wait and see what happens with the new pay plan. I hope that is not why they are hiring so many people because of concerns of a lot of people leaving because of it. Have you heard of more accounts being lost. I wonder where all these accounts are going.
What companies other than MQ hire statutory employees and are they hiring now.
:
Did everyone get that email from Frank L. about the new pay plan coming out for statutory employees
this morning. Does anyone have any idea what this is going to be. I hope I dont lose money after all the years with MQ but we shall see.
On this new MQ rewards plan what exactly is it offering statutory employees and I suppose that that

is going to be the end of our quarterly bonus. My concern still is if there is no work how do you get any incentive if they lower the base rate. Sounds like employees will have a larger window to get their work done which means we all will be scrambling around for work at all hours.


If you are employee, unless suit against your employee
otherwise the posts on here as far as I can see telling it like it is. I think a lot of the posts are so young they just don’t have a clue as to what it means to be an employee. You do as your employee wants (I am talking reason now, not stupidity as far as sexual advances, etc) or else you find another company that fits your personality better. You do not confront, you do not tell your employee no, that is their job, not yours. This is such a simple thing for people who have been in the work force for any period of time.
full time, part time, statutory
newly defined full time...

newly defined part time....(which is an added classification)

I believe statutory just was not mentioned because there is nothing new about the definition of statutory.
full time/part time/statutory
The definition of full time is new.

There is a new classification called part time.

I believe statutory was not mentioned merely because that has not changed and they do not receive PTO/benefits.
I think what she means is....

Kent State had a lot of conflict when Nixon declared war and the students were rioting.  They were vandalizing and burning property, fighting.  They called in guardsmen.  The guardsmen threw tear gas canisters into the crowd to disperse them and the crowd starting throwing them back.  The guardsmen started shooting into the crowd.  People are still not sure why they started shooting.  I think nine people were shot, 2 died or something like that. 


Anway, I see the point though.  Things happen at college, does that mean you shouldnt send your kids?  And if you do, are you a bad parent and deserve to be judged? 


What about the parents that send their kids to school the day of the Columbine High School shooting.  I guess they deserved it because they were there?


Please tell me what this means...
I have been trying to figure out for the last five days since I started frequenting this site...but what in the world does it mean when people put things like nm and sm in their posts?  This is driving me NUTS!!
Not sure what that means. Can you
tell me what ME in the letter from MQ mean? Thanks.
What she means is (sm)
that DocQScribe does not count the characters that you input into the demographics screen, even if you have to do it all with nothing imported. This means that characters MTs previously were paid for -- patient name, dates of service, referring physicians' names, courtesy copy names/addresses, are not compensated. If you do a lot of little reports, that will mean a HUGE decrease in line count, whereas the impact won't be so bad if you do mostly long consults. Unfortunately most companies seem to be going this way, even the very nice company I'm working for now which has me hunting through blurred PDFs of faxes to find the patient information (I'm hanging in there because it's a new account and they say they'll have the demographics imported). At MQ and DSG DQS paid for spaces; I've heard that Accuscribe does not. The "red headers" are paid for. As you say, it's simple to check your line counts using Word or MedPen's counting program.

As lovely a platform as DQS is, the overall opinion seems to be that line counts drop dramatically when using it. I don't know if that's really always true since the second day I worked for DSG I did 1500 lines, but I know that I had to leave MQ after DQS as I never was able to make the money I felt I needed. There are still a few good companies out there, but you have to really search them out.
You know what I think this means? sm
The letter says pay rates are based upon experience, skill, and work difficulty.

This leads me to believe, in conjunction with what you are saying, that our rates will be based on the above criteria. Each MT has probably been evaluated and given some rating score or something that will determine each of our "specialized new" base pay.

What I'm anxious about is the fact SE is not mentioned. I have a feeling (JUST a feeling -- since employee was the only word used) they are doing away with SE. If so, no more quarterly bonus and the IRS perks that go along with SE status. That will make me VERY sad.
does anyone know what this means...sm

When I try to log on to DQS, I get a message that states that my user profile failed to download...anyone know anything about this?


Of course, I work for MQ, and hate to call them, cause it takes forever to get an answer to a simple question, so if anyone has any ideas, I'd appreciate it!


BTW, I have already logged out and in like a thousand times, plus restarted my computer, so that's not the problem.  TIA!


it means
turn around time
sm means
 
that's not what it means

it means that six times he performed a heterosexual act that resulted in conception, but that doesn't make him a heterosexual.

You can love Ford but still drive a Buick on occasion.


DVI- please tell me what this means

It may be the stupidest question but what does DVI mean and that I need to have a DVT-supported footpedal? Does anyone know where I can get one and how much it may cost?


Thanks!


It means don't believe everything
you read.  A bunch of overpaid suits never transcribed a day in their life.  Also they put out propaganda trying to make more money by lying.
What this means

I am required to quote my charges for contract job and they ask me to


Breakdown cost by telephone call-in to a center or audio files being sent to you.


Any one knows about it?


By all means.............sm

That would be GREAT!!!  *grins* 


Contact me whenever regarding this....oh, except when I'm in VEGAS in the autumn.  *winks*



What it means is this
There are a few posters on this site that are really negative, think they know everything, and post nasty rude responses to other people's postings. Some of us call them "trolls" and sometimes we get caught up in trying to make them see how rude they are by posting back. It never works though, and we call that feeding the trolls, or keeping an argument going that does not lead to anything good. I guess we should try to ignore their rudeness, but it is hard sometimes. How's that? Did I explain it okay?