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


Transcend OT calculation - OTnot


Posted: Mar 18, 2011

The question someone asked about OT calculation at Transcend got me going because I recently had to figure it out for myself when the OT I received did not come close to what I had calculated it would be. 

If you go to page 34 of the MLS Handbook on the Transcend MLS website, you will read the following:

"For overtime purposes, the base hourly rate for MLS is the total compensation for the pay period (before OT) divided by the total number of hours worked during the pay period.  HALF of the the hourly rate will be paid for each overtime hour plus 100% of production pay."

So, after trying to grasp that, here's what it boils down to, just as an example:

Say for the 2-week period for work 40 hour the first week, doing 10,000 lines.

The second week, you work 42 hours (approved, of course) and do 15,000 lines.

Your total lines are 25,000, paid at .04 each (editing rate) = $1,000 production pay

You have worked 2 OT hours.  According to the above formula, for you earn:

Total compensation for pay period:  $1,000 divided by total hours worked during pay period (82 hours) = $12.20.  This gets divided in half (see above), which equals $6.10.  This $6.10 is your OT rate for this instance (you see, it changes with whatever particular pay period you are discussing because of the way the rule is written).  So, you end up in total with: 

$1,000 production pay + 2 hours of OT at $6.10 per hour ($12.20 total OT pay) =

$1012 Grand Total.

Worth it???????

 

Very enlightening! - mtmom

[ In Reply To ..]
Wow! Great breakdown! While I will never come close to hitting overtime, i definitely would not put in the extra time for $12. It really is amazing how that is calculated. Glad I'm part-time! :)

If transcend would be a little more transparent in their rules, maybe they - jus me

[ In Reply To ..]
would not have their employees asking questions about their practice on chat boards. Maybe their upper eschelon needs some training in how to write clear and precise instructions. That payroll program they put in about a year ago with the promises that we could see total line counts, etc., is still the biggest screwup in the world. Must be someone's pet that was put in charge of payroll, not someone overly qualified.

Need OT explanation - Confused

[ In Reply To ..]
What I don't quite understand is how they get away with calling this overtime pay. I have been working for almost 40 years now, and anywhere else I worked, overtime was "time and a half", meaning you got paid 1-1/2 times your hourly rate for any hours over 40 in one week. So this "formula" of Transcend's does not seem to make sense. It must be legal if they are getting away with it, but it just does not seem right to say $12 is your "hourly rate" (for PTO and training purposes), and then come up with a different "hourly rate" for OT purposes. Anybody else think this is weird? Could we have some Transcend management explain the logic and fairness of this?

OT - mt

[ In Reply To ..]
What I don't understand is why they are pushing so hard for OT for one account. There are other accounts that are behind, yet this one particular account just must be done. Wonder how much that account is paying to get such great attention, and then wonder why that extra money is paid on to the poor workers who keep getting pushed to do it.
It's probably an account that incurs penalties - when out of TAT NM
[ In Reply To ..]
x

It IS time and a half. - sm

[ In Reply To ..]
You still get paid your base rate for the time you work, but then that formula is to figure out the "half", hence the "time and a half."

It's the law that they have to pay you the OT based on how much you actually made, so since we're not paid hourly they have to have a formula to determine how much you made for the time that you did the OT to turn it into an hourly rate to pay you the extra half.

So if someone is saying they're only getting $12 for doing that 2 hours of OT, that's not quite right. That's the "half time" that is the $12 (approx $6/hr x2 hours) and then the regular time for the OT that was worked would be $24 ($12/hr x2 hours), so in actuality, they made $36 in that 2 hours of OT, not just $12. They were just figuring out their "half" time, but forgetting the regular OT hours worked to start with to make the "time and a half."

No one would work OT in that case. - House of cards

[ In Reply To ..]
Their reputation is getting worse by the minute. It's like a house of cards that is going to come tumbling down eventually.

You FORGOT to add in for the last 5 words, - "plus 100% of production pay." That is

[ In Reply To ..]
for each OT hour you're paid the $6.10 PLUS your production pay (presumably somewhere around $12.20) = $18.30 ("time and a half").

My problem with this example is why anyone but a newbie would be making only $12.20/hr in the first place. Assuming I was still making the $25+/hr I once made there (big assumption, I know), my pay for each OT hour would be closer to $40.

Pragmatist

no, they pay production at regular rate, so you are not paid extra for that - but

[ In Reply To ..]
You only get the 6.10 extra

But the OT hours you worked ARE extra! You're getting time and a half for them. - Hello?!

[ In Reply To ..]
Just like if you were paid hourly at a hospital or doctor's office or whatever. The regular production rate IS extra above and beyond your scheduled time and the 6.10 is your extra "half."

I really don't mean to be rude, but if something isn't grasping the concept that you ARE in fact getting time and a half for your OT, then you're probably not smart enough to be good at your job. I know it sounds harsh, but you're on here slamming a company who is doing nothing wrong in this case.
As bad as the editor has been, you need triple pay just to make what - at transcend
[ In Reply To ..]
you were making on regular work 3 weeks ago. Of course, it will never get fixed because you are just told to shut up and fix it, that is your job. What an attitude management has.
Penny wise and pound foolish. They are paying more per line to get - jus me
[ In Reply To ..]
caught up when if they would just fix the editor they would not have overtime or penalties to pay and everyone could make a decent line count.
OT - NOT ARGUING
[ In Reply To ..]
I'm not saying I'm not getting time and a half. Not at all. What I am saying is that my 2 hour of overtime resulted in a TOTAL AMOUNT OF PAY FOR THAT OVERTIME of $6.10. That is, six dollars and ten cents. I don't mean to be rude either, but that amount does not seem a whole lot for 2 hours of my time and expertise.

To FORGOT - xx

[ In Reply To ..]
They would never pay you (or anybody) 40 dollars an hour. That would cut into their 16M bonuses.

They WOULD and they DO. - sm

[ In Reply To ..]
Transcend is far from perfect, but I'm still making decent money with them even after the switch to VR. I'm making about $25 an hour regular, which means that when I work OT I'm making about $37.50. I'm very good at my job and I know it. While Transcend hasn't been the best employer I've ever had, they have been fair to me and the DO pay OT correctly.

Worth it? - Ex-MDI/Transcend

[ In Reply To ..]
H*** no! It's because of these types of shenanigans that I quit some time ago.

Worth It - Some Insight - Oldhat

[ In Reply To ..]
Are you people for real! I have ready so many posts on everybody out of work, people not being paid or paid late and now you want to slam a company for paying OT. Give me a big break. For the same old complainers on this board -no wonder you have been at so many different companies - seems nobody can satisfy you people. Good ahead, bash me - but for the life of me you can't see what is right in front of your face!

AMEN, SISTAH! Preach it! - nm

[ In Reply To ..]
nm

I swear, some people would complain - if you hung them with a new rope

[ In Reply To ..]
NM
So true! :) - NM
[ In Reply To ..]
x

Thank you!!! And there aren't even any "shenanigans" in the first place. - ugh

[ In Reply To ..]
I seriously don't get how these people don't understand that they're being paid time and a half.

I used to work for a company that paid us the time and a half based on our PTO rate and later had to go back when they found out the law was that we had to be paid on what we actually made during that period when OT was worked and re-figure all of our paychecks over the years and pay us any difference. And people are questioning why there's a complicated formula to figure our our "half time"? That's why.


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