A community of 30,000 US Transcriptionist serving Medical Transcription Industry
Advance Magazine 2009 Salary Survey - MissIndigo
Posted: Dec 17, 2009
It contains some very interesting information and is well worth the read. Just for instance, approximately 35% of MT respondents reported earning $35K or above. and 23.8% report $0 to 20K. Home workers across the board reportedly made slightly more than facility workers.
Worth noting is wage levels for coders and cancer registrars since our field may well evolve to include both coding and data abstraction duties, as well as the issue of credentialing. (BTW, my company, WebMedx, is among the 19% who pay credentialed employees more--and help them obtain the credential.)
For perspective: 2007 US real median income for women: @$35K - MissIndigo
[ In Reply To ..](For men @$45K)
For the same year, national median clerical occupation wages ranged from roughly very low $20s to low $40s (managers and Postal Service workers still higher).
There is no agreed-upon definition of middle class, but some dollar definitions (as opposed to social, including how one "feels" relative to society at large) would very roughly place the lower half of this spread in the working class and most of the upper half in the lower middle class, with top earners (over $50K) in the upper middle class. This is for one-income households, of course.
BTW, a related Advance article notes that 36% of survey respondents had 20 or more years in the HIM field, so data are weighted toward experience.
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