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

merger going between DTS America and Transcend? - angel2no1

Posted: Apr 29, 2011

So how is the merger going between DTS America and Transcend? Is Transcend keeping the promise that nothing will change - pay - accounts? Just curious.....

DTS/TRANSCEND - heavansfairy

[ In Reply To ..]
We wouldn't know yet because the take over is not official until May 1. I know one thing, it scares the **** out of me.

Look at some older posts from buyouts by Transcend - mtmom

[ In Reply To ..]
The pay usually stays the way you are used to for a while, and then one day you get your butt handed to you. I personally know someone who that happened to. And if you have an account that is no VR, wait, because eventually it will be switched to it and then you'll see how impossible it is to make it on 0.04 per line. Hopefully you will be good for a while, though.

You hit it on the head. You have to do at least 2000 lines VR a day - agree

[ In Reply To ..]
to make the full time level. But you will have a hard time because of the crappy program and poor quality of the VR program they use. It does not get better with time, either. But whatever you do, stay positive and make sure you only say nice things and how wonderful they all are because the egos there are unbelievable and they never do any wrong or turn out anything that is useless. And forget winning a contest. Those are all prepicked and designed for certain people to win.

Great business model, eh? Pay skilled MTs less than living wage, drive experienced talent away... - Just My 4 Cents

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...constantly recruit/train new hires. Transcend will remain a going concern with that winning formula. NOT.

DTS/Transcend - No name

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Right now I work for DTS. We've been getting the handbook/paperwork to fill out and turn in. Everyone is very nice right now as so many of the more experienced MTs are leaving DTS/Transcend. I am slammed with work on my account due to losing some of the full timers. They want nothing to do with Transcend.

I will not give any names but did talk to someone in the company about my future plans. Basically was told that yes, VR is coming in a few months. I see absolutely zero future with Transcend. It's going to be the Walmartization of MT. I plan to leave this field soon and go do something else after nearly 20 years. Sad but it's the reality of the work. Soon even VR will be old news I think.

merger - been there, done that

[ In Reply To ..]
I was part of a Transcend merger about a year ago and made all kinds of promises. Started out good but, if you're at a higher rate of pay, expect for them to find ways to squeeze you out, get you to quit, so they can bring in cheaper labor. I finally gave up and left. 15 years of experience and just not worth it any more.

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