Is MT a decent job based on pay #s I see here? And how is outsourcing affecting pay?
Posted By: amelia on 2007-01-05
In Reply to:
I am brand new to the MT world. I'm considering taking training and an internship at a local company (my cost = $2,000) and then working as a contractor for them. From reading different questions and responses here, I'm concerned that the pay is pretty low and has not increased much in the past few years. My other concern is that more companies are outsourcing their work overseas because it's cheaper. How much of that is happening and how much is that hurting pay here?
I'd appreciate any information and opinions. I have to decide by Monday, January 8. Now I'm thinking that I should just find another career path and take classes at a community college. I worked in another career and made excellent money, but the stress and long hours were just too much. I was looking for something less stressful and the chance to work at home. THANKS!!!
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worried about outsourcing?
I've been looking into taking the Andrews course, which seems like the best, but then started reading the main forum messages.
There seem to be a lot of dissatisfied MTs who aren't getting enough work and complain that many companies are outsourcing work to India.
Does this worry anyone?
Outsourcing Solutions, Inc
The above company hires new graduates. You can either apply at www.ositranscription.com or send an email to recruiting@ositranscription.com.
Anyone who is not happy with outsourcing...
...might want to consider Barack Obama for president: He says he will ensure that US companies that outsource work to other countries will LOSE the tax breaks.
Something to consider anyway.
This could really be an important issue to all medical transcriptionists.
Future of Medical Transcription due to outsourcing
I am seriously considering Medical Transcription and now wonder if this is the right path to take. I guess there is no way to have absolute certainty, but would like to feel secure about investing time and money in learning the field. I would like to hear from some MT's who are fresh in the field and hear their thoughts. Thanks
I think it means medical transcription service outsourcing, or something like that. ; )
no message...
I wouldn't work for a company that outsourcing offshore and then lies about it.
absolute definitive proof of this. Be wary.
Wasn't 5.1 the last DOS-based WP program? Not sure...nm
x
I think the MTSO is saying that she has knowledge based
having had MTs who were fakes and some who were not, and is now able to discern which is which. I don't think he/she was saying any more, any less.
JOBS??Home Based
Hi I was wondering if anybody could help me?? I am interested in finding a home-based medical Transcriptionist position. I have experience in transcription and am enrolled in a transcription course. Any leads would be wonderfully appreciated. Thanks. Jackie
I wouldn't recommend MT for you based on your
situation, but if you have no previous MT experience/training you would need to take a course, either by correspondance or at a local community college. Training can take 9 to 18 months, or less depending on how much time you have to put into it, but if you are working FT you're probably looking at a year. Then you need to either get hired by a company that will hire newbies and pay them next to nothing, or do an internship, which you may or may not get paid for and may have to pay to do.
Go to a decent school to begin with - sm
I graduated from MTEC more than 8 years ago and had recruiters beating my door down to test me when I graduated. I tested with several of them and had offers from every one of them to begin working immediately. I have been working at home ever since. I have also heard Andrews is good. You never see people from these schools on these boards begging for someone to give them a chance. The education alone opens doors. Best of luck to you! 
interships are home based
These are home based internships.
Jen
Making decent money here.
I was one of those stay-at-home moms that wanted to make my own hours and earn a good living and I am doing just that. I have been an MT for 2 years now. I work at home while caring for my 3-year-old son. Yes, it is not easy, stressful even, but I make more money at home (close to $20 an hour) than I would make at a B&M job and I don't have to pay $1000 a month for daycare anymore. I have a completely flexible schedule and I work early in the morning while my son sleeps and during his nap times. If I have to, I work again in the evening to finish up work.
This profession is difficult and takes a lot of work, but what career that pays a decent salary doesn't. It is possible to make more than $4-8 an hour. It does not take years and years. I was up to $12 an hour after 6 months, comparable to what I made in my previous position, where I had been employed for 3 years.
Just because you can't make it in this industry is no reason to discourage others from trying.
Or not so much stress or long hours, decent pay
I totally understand what you're saying, but being an MT varies so much based on what you bring to the job, where you work, and what kind of account you have that it's pretty tough to predict how any particular person will do. I'm very happy with my job. I find it to be the least stressful job I've ever had, love the predictable hours, and made 34K this last year working strictly a 40-hour week. This is after 1-1/2 years as an MT. I found the first 6 to 9 months terribly stressful because of the high learning curve, but once I settled into my account the stress level dropped considerably. I'm still working the same hospital account I started on, but also work other accounts as necessary. I work for a company that many people on this board say they can't make any money working for; it must have a lot to do with the stability I've had on my account that I am able to make reasonably decent money.
You didn't post here to get decent answers
You posted hoping that everyone would agree with you. When they didn't, you flipped out. That is exactly why the company you are working for is not going to cater to you...because they don't like your attitude! 
Are you strictly trying to find a home-based job? if so, (sm)
I would suggest that you consider working on site in an office or hospital for a period of time. At home you don't have the support group that you really need when first starting out. Best of luck to you!
Any good internet based companys to work for at all?
hello everyone,
I am a newbie...after reading these boards, I am left with the question... are there any good internet based trascription companies to work for?
and, if not, who is the lesser of the evils? i know each company has good and bad aspects, but does anyone work for or know of a company that they are happy with?
...or do i need to look for MT jobs in house?
I disagree. Allied has a pretty decent program.
I hope you're being paid a decent wage and not being
taken advantage of, which happens a lot.
Difficulty finding work despite decent grades from Andrews
Angela,
I am a recent grad of Andrews--one of the top two schools recommended--and I graduated with a grade average of 97.9.
Contrary to popular opinion, Andrews' grads do not have several job offerings available to them as soon as they finish up school. The graduate is basically on her/his own as far as scrounging up a job. Having Andrews on my resume only allows me to test for a few MTSOs that would not have even given me an e-mail response. It is not an automatic door-opener at all.
I am having a difficult time finding employment because there are only so many entry-level positions available for new grads. There appears to be a glut of newbies. The economic decline is not helping either.
I have passed every single acute care transcription test where I was allowed to test, and I am on many "waiting" lists for future openings. I am really lucky that I am disabled and at least have some money coming in that pays the mortgage. I can wait for an opening, and I don't have to sign on with those MTSO that preys on newbies who can't find jobs.
If folks from the top schools are having difficulty finding employment, just imagine how much more difficult it is for someone that has only completed a low-quality matchbook-type MT education.
I wouldn't waste any money on the Penn folks.
Kathleen
I never hear of those who attended decent schools unable to find work
You can pay now or later. I had job offers with every company I tested with when I graduated from M-TEC, which was more than 8 years ago. I have worked from home since day 1 doing both clinics and mostly acute care. I do not know of anyone who graduated with me who has ever had problems finding a job. Employers are catching on as to which schools offer enough training so that the grads actually have some experience under their belt or are worth bringing up to speed. I also did not have to start out at 6 cents a line. That is absolutely insane.
flat hourly wage, hourly + volume, and stricly volume based pay ?
I have heard there are companies that pay flat hourly, some that pay hourly plus volume pay, and then strictly per production. Anyone have any experience with these different pay structures? Know which companies do which (and will take new grads)?
Thanks : )
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