A community of 30,000 US Transcriptionist serving Medical Transcription Industry

Holding against a person for working with different services? - AT

Posted: Dec 11, 2010

Who knows how the companies choose and what they actually go by. Too many services worked for? One would not think so because they all know how cut-throat they are and how they treat the employees. Does anyone even know how they come up with this huge linecount and then only benefits if you produce huge numbers every single day, and now we have a new rate now that VR is in full swing. Where are the guidelines? They can give you pennies and you have to be happy. Who is governing this? Where did 3 cents come from? Who has decided that 7 cents is the now going rate for typed reports and 3 cents for editing? Does anyone know what the hospitals are really paying in that they say they are doing it to save money? It used to be 14 cents a line, and that was like 20 years ago. Although 20 years ago it was 8 cents a line if you had your own doctor you worked for and you had to pay your own taxes.

Rumor has it that if you interpret Chinese you get 19 cents a word!!

They give pennies and you have to be happy?? NO. You - are not indentured to this company. Start looking.

[ In Reply To ..]
x

Our free market economy. When it works well (and it - Pragmatist

[ In Reply To ..]
seldom actually does, being only an ideal to strive for), wages are set at the lowest point at which sufficient qualified people will hire on to work for them.

In times of great change, which the entire planet is going through, including MTs here in the US, this obviously requires a lot of wage "experimentation" by employers and a lot of stress and uncertainty for employees as wages move toward, around, below, and up to a current "lowest" level, which will change once again as market conditions change, and yet again.

Don't forget to factor in that the working/lower-middle middle class has not seen real wage increase in the past 30 years, despite great growth in national wealth and despite greatly increased costs of such things as home ownership and healthcare. If you feel poorer than you once were, it's because you are. The increase in national wealth is going into the pockets of the wealthiest classes, the middle class is shrinking, and the impoverished class is growing. Failure or success of free market principles? Depends on one's ideology.

Sadly, although for some years after computerization many MTs made far more than market conditions would have dictated because wages did not adjust down quickly, probably very, very few saved for the inevitable decline in wages. Before this last economic crash scared some sobriety into us, the annual household savings rate in the U.S. was actually a negative number.

By the way, if you think THIS is fun, just wait until gasoline is $7 a gallon, and more. The planet is running out of the oil that currently fuels everything we do one way or another, and we WERE and still ARE too busy helping powerful oil companies maintain their profits to develop adequate alternative energy sources in time to save ourselves a LOT of grief. On the plus side (a BIG one), it will be nice to be able to work from home. Happy Holidays.

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