right, make a little more per line, but also pay more taxes.
Posted By: you're right about how much is cleared. NM on 2008-11-08
In Reply to: IC makes LESS because of taxes, not more - MTinNC
nm
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and, you're an IC, so you make a little more because of your taxes.
nm
I make about $5000/month before taxes (sm)
I suppose I could work more, but...eh. I only have to work 35 hours a week for full time. I keep saying "this week I'll do 40," but there's more to life than work (at least I hope so).
$24,000 in savings! Rock on! I hope to be there soon.
Not my place to make sure her taxes are paid
I can only take care of my end. Not in her head when April comes around so??
Make sure there aren't other taxes that you're overlooking.
Some communities/counties have occupational privilege tax, 911 tax. Some sales require you to collect a sales tax on your service. The best advice is to check with a tax preparer AND visit your state's revenue website to make sure you're not missing anything.
As an SE, all taxes are taken out, but I am wondering if that is reason enough to make a change? sm
Company "A" is my first job being an IC and I am not sure I can wrap my head around why any employer cannot take out taxes which is not the case with many companies which offer you IC status. They tell us how and when to work. This IC job I have right now is no different than any job I have ever had with a hospital, but I think it is a rip off having to pay self-employment taxes. BTW, Company A is in the same state in which I live, so wouldn't be difficult to take taxes out of my check.
I wish you would not make a blanket statement about things you don't understand about taxes sm
When you are an employee and you are financially responsible for your office, the heat, the electricity, the space in your house, your deductions are nearly identical.
I'll give you this though: ICs frequently make a higher line rate than an employee, at least initially. So many employers are freezing cpl increases in favor of production incentives. My company did this and the incentives are excellent. I have gotten to where my line rate with the incentives is actually higher than any IC position I have ever held. I am going to do that many lines anyway and I am well ahead on all fronts.
I don't make 0.08/line.. I work for no less than .13/line. nm
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The bottom line is doesnt matter what they pay if there is no work you make no money. Bottom line.
:
How much do you make a line as well.
That along with the dictators makes all the difference.
Make an income on 0.6 a line?
Been offered an IC position for 6 cpl. Good dictators, header/footer, demographics, bold, etc. is counted, WP 5.1, and bountiful work. Too date, I have only worked for a hospital at an hourly wage and now for a service with benefits for 8 cpl. Not happy with the service so am looking elsewhere. Is this real, or can money be made?
I make .05/line on one platform and 0.04 on another
and I will take the 0.04 platform any day as I can get almost twice as many lph. Just like typing, editing depends so much on the platform that I don't think you can always just look at a blanket line rate to tell.
I make 8.5 cents per line sm
The incentive is 2 cents per line for anything over 300 lines per hour. That equates to 10.5 cents per line, because I consistently do over 300 lph. That equals minimum of $31.50 per hour. I would never work by the hour.
Per line - could never make much per hour.
I do 350-400 lph at 12 cpl - no one will pay me what I make by the hour! Per line is the way to go, plus keep your flexibility.
Make sure you use sm (see msg) or nm (no msg) in the subject line, too. nm
s
ICs - how much do you make per line and do you work for ...sm
a large company, small company or have your own contracts?
Don't most make more than 5 cents a line??
I do not agree with you at all!
I work for NTL and make .12 line
nm
You can make more than that per line, but at 125 lph, not a good living. Have to do at least 300 lp
x
...up to you to see if you can make more per line at home versus going
s
Is it possible to make a living off of 4 cents a line?
If there is anyone out there new and still considered a mentoree and able to work full time and make rent please tell me because I need some encouragement. I want to quit the day job to be able to do this fulltime but when I do the math it just doesn't add up to the rent:-)
Any words of encouragement would be helpful.
MI MTs who posted line rates, would you make
x
In WordPerfect, could someone please tell me how to make a line break
so it keeps the justification? Ctl+shift+L just moves down another line and does not justify. Thank You.
what do the middle people make per line?
I may be negotiating a contract directly with a radiology business, but I"ve only done independent contractor work up until now. I'd like to enter into negotiations seeming like I know my way around the block: what do companies (who hire transcriptionists) tend to make per line? How would I find that out?
How long does it take to make decent line count?
I am considering joining an outsourcing company. Can you tell me how long it took you, as an experienced transcriptionist, to get up to snuff that you were making a decent wage? And what is your average rate per hour when paid by the line of 65 cpl?
I guess so! I betcha make your new line count!! NM
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I make 0.725 cents per line after 5 years with the same company - nm
I make 0.725 cents per line after 5 years with the same company - NM 
I couldn't screw this up any more if I tried! I make 7.25 cents per line. There! lol - nm
I couldn't screw this up any more if I tried! I make 7.25 cents per line. There! lol - nm
If you are paid by the line and make over $25 an hour, then I hate to say it
but I am wondering if you are doing full QA. By the line is NOT fair pay for QA. I know I mentor new MTs on a very difficult account and there is no way you could earn a decent wage on any amount of line pay, no way!
Don't go telling someone they could do better if they are paid by the line. Quality specialists MUST have ethics in their work. You can do a decent amount of reports a day and give feedback and mentoring, but you certainly would not be earning $25 an hour on line pay that I have seen....just no way! The most I have seen QA paid is 7 cents a line and still those women do not average that amount.
Now, I don't know what you do or if you listen 100%, but most QA positions I have had have had megablanks, 100% listen as well as 100% feedback and you just cannot produce that much doing your job in a proper manner.
Other than it really is broken a lot, you cannot make a decent line count on it.
It is a horrible disorganized program that is not user friendly like some of the other ones i have had. Sound quality has to be the worst of any company there is. Tech support is nonexistant for at least 6 hours to 6 days. Pay is horrible, especially if you get stuck on editing an account (about 4 cpl) Happy bankrupcy
RE: Other than it really is broken a lot, you cannot make a decent line count on it.
Your opinion is not shared by many who work at Transcend. I personally get all the lines I need using BeyondTXT and I think it is a great platform for transcribing or editing, and I do both, and believe me I have never gotten close to starving. Editing compensation is 60% of transcribing line rate by the way and my compensation is not 4 cpl as you so erroneously posted.
Do you have an unusually high line rate to make up for that?
.
make $20 an hour plus 4 cents gross line
nm
Yes, but didn't your line count double to make up for it? SM
I love EditScript. My only problem is that--reportedly--the profit margin for the MTSO can be very low, encouraging them to send it offshore. Does anyone else have information on this?
Cherrypicking didn't make our line rates less -
the lower line rates are what started people c-pickingin the first place, so they could make enough each week to live on. Back when I was paid by the hour (and lots more than I'm getting now per hour, I did whatever came along. But I'm sorry, I'm not gonna GIVE an employer a chunk of my change for the 'privilege' of doing a 40-minute report by a gum-chewing ESL with static on the line, partying nurses, or crying babies in the background, that I just plain can't understand, when I have the option to choose something that is at least transcribe-able.
You have your W2 showing very clearly those taxes were paid. MQ is responsible for those taxes
because you were a statutory employee. That is the responsibility of the employer to pay those just as though you were an employee.
Oh please, somebody tried to make me feel guilty for leaving a horrible job using this same line.
How much $$ it cost to train ME. Like I should feel sorry for the company who basically misled me every step of the way regarding hiring, training, accounts, etc., etc. The job was a horrible fit, and I stayed way longer out of guilt. Not worth it! Conditions are deplorable enough for the MTs right now - we don't need to now assume responsibility for how much or how little a company spends to train us. PLEASE!!
WHOAH, Nelly!! Make that 0.0725 cents per line! - nm
WHOAH, Nelly!! Make that 0.0725 cents per line! - nm
No - not worth 12 bucks an hour when you can make triple that by the line, sm
but that all depends on what company and VR platform you are talking about.
what? I used to make .02/line off my subcontractors work and felt guilty.SM
The MTSO is making .07 line off your work? I know you did not say how much you make, but the MTSO must be charging the client a high rate. Like I said, I had several subcontractors helping me as an IC for local clients in the past, and made .02/line on their work (I am the one who printed and returned the work). You deserve better and are selling yourself much too short! P.S. - Unfortunately this is what is happening to this industry, and it's called greed.
not a liar, not an old person, I make waaaaay over $20/hour, probably double (CA, .15-.17 line) sm
I have two accounts of my own and do vacation coverage for a few other MTs as well as occassional work for a lawyer and a psychologist. I charge .15 for one clinic and .17 for the other clinic... clinic #2 is a husband/wife neurologist team, and the husband was a major A&& at first... with a very strong accent and every possible bad dictator habit you can imagine. I told wife I would transcribe for her, but not for him, I had plenty of business. She said charge whatever you want, have whatever turnaround time you want, just please don't leave. At the time they were at .12... so I upped them to .17. That was 5 years ago and now after having gotten to know him and his *quirks* I adore them both. I am an IC, but they give me very large gift cards for Christmas, kind of in lieu of a bonus, I guess.
Clinic #2... just this week took on another physician and I told them point blank it was too much for me to provide quick service and they may want to consider a service. They said no way, we changed the turnaround time to one week with stats as needed. I even asked them if they considered voice recognition and the office manager laughed and laughed.
I am just now putting both clinics on digital, and after the initial cost, this will increase my estimated hourly wage as it will take away my delivery time and cost, and my paper and ink printing cost and time. Though I still plan to visit each office on a regular basis for customer service and because I know my customer service is what got me here in the first place.
For the *occasional* work, the lawyer and pysch I charge $50/transcription hour.
I know you will all doubt me. But I work extremely hard, have put in my time with my education - not just learning MT but learning the ropes of running a business and how to do everything smarter, faster, and in the most efficient and sensible way possible. I also have another business I do in a totally different field! I am very blessed. Well, I also know the fields I have chosen were perfect for me, and also I've had good luck. You know what I think though? I think my sense of humor and just being as honest and open and observant as possible has made this possible.
As an IC when paying taxes, are SS and fed taxes sent SM
to the same place?
A gross line is anything on a line is a line. A line set at 65 characters means it sm
has 1-inch margins on each side. The maximum number of characters on that line would be 65 and that includes spaces. If there is 1 character on that line it is a line.
A standard 65-character line usually consists of 65 characters with spaces unless, of course, the employer does not pay for spaces and then it would be 65-characters without spaces.
Anything on the line makes up a line even if just one letter or number. Every line of print is a
s
Gross line = each line on page counts as a line, even if it's only 1 word. nm
x
Gross line means anything on a line is counted as a line.
You can get an idea in the difference using documents you have already created, assuming you're working in Word. Simply open a document and check the properties. Click on the statistics tab and you will see the number of lines as well as characters with and without spaces. If you're currently getting paid by the line and a line is 65-characters with spaces, do the math and see how that number of lines compares with the number of lines in your stats.
One thing to keep in mind: if you have a blank line between paragraphs, instead of hitting the enter key twice, format your document to give the appearance of blank lines between paragraphs.
THANK YOU! That is my point. She still pays taxes, her DH still pays taxes...
so who exactly is getting cheated? And just who are you talking about when you talk about whether it is "fair" or not. I don't give a crap how much taxes my neighbor pays. It's none of my business. And if I found out they were paying less in taxes than me, I would ask them how they heck are they doing it so I can do it too!
I just want ask, is it necessary to get personal and insult? You disagree with me, fine. But I've been called a liar, a cheat, a no-ingetrity thief, my intelligence has been insulted, and I have had my parenting skills questioned. That is a little over the top. If you cannot debate an issue without resulting to personal attacks, then YOU are the stunted one!
It is a very good thing that some of you work at home, ALONE! You are sorely lacking in people skills and diplomacy. Let me guess, when you worked in the office you were one of those girls who didn't like to share her desk, griped if someone dropped a crumb on your desk, and kept track of everyone's breaks, lunches, and line counts just so you could tattle to the supervisor! I've worked women like you, it was like working with kindergarteners. That's why I came home to work. Do us all a favor, looking in the mirror, count your wrinkles, and realize that this isn't high school anymore!
You spending 3K in gasoline to make 4K plus all that time on the road?That doesn't make sense Pat
How nice that the world revolves around what you make and no one else could possibly make more. sm
Marla in So. California pays 11 cpl for a 55 ccl, Oracle pays 9-1/2 cpl, MDI-MD 11 cpl, JLG 10 cpl for gross line, etc.
Of course, these are rates negotiated and paid to qualified MTs.
Gross line, also including blank lines because my line rate is so low. It all works out in the wash.
x
When I see mistakes I repeatedly make, I make a quickcorrect for it (sm)
for example if I type we plant o instead of "plan to" I have a quick corrct so that if I type plant o, it replaces it with plan to, etc. It is hard - I was with the same company for 8 years. I do not work for anyone with an accuracy requirement though.
$.06 gross line / .70 = approximately $.0857 cents per 65 character line.
A gross line is anything on a line versus 65 gross characters per net line the other way. You make more money working for the gross line than for the 65 gross character line, as long as the line rate's OK.
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