A community of 30,000 US Transcriptionist serving Medical Transcription Industry
Bottom keeps falling out - hmmm
Posted: Aug 23, 2011
I'm surprised to see how each week seems to bring new job postings on here for lower and lower wages, even for IC's, where some have posted effective line rates (once you figure in a minimum of 15% for withholding) of 2.5 to 6 cents per line.
It's like there is a game of chicken going on. Employers keep lowering the bar on pay, and MTs keep migrating to the few jobs that still pay decently. Eventually something has to give - either there will be no one left doing the cheap labor (or it will nearly all wind up overseas), or the companies will finally realize that if they want quality work, they need to pay fairly for it.
Any bets as to how this one finally shakes out?
Well here is what I did - sm
[ In Reply To ..]I got a call last week from a recruiter for a position I had applied for. He told me the rate and I literally laughed out loud. I told him there was no way I would work for that amount and then offered what I thought was more appropriate - not a sky high rate, but more than the "going" rate. He called me back the next morning and said his higher ups agreed and so I accepted. To anyone interviewing, there is wiggle room to negotiate. And if not, nothing lost.
Does anyone else wonder? - bellyache
[ In Reply To ..]Does anyone else wonder how they arrive at these rates? I have often thought they take the minimum required lines per shift and find the sweet spot that gets a person right at min wage when figuring out cpl. After all, they cannot pay less than minimum wage.
belleyache - it depends on what they are charging the client. - they bid lower to get the client.
[ In Reply To ..]It's a bidding war between MTSOs to sign the account - we get a percentage of that.
MQ paycheck - breezy
[ In Reply To ..]Is there a HELPFUL place to find what each line on our paycheck stubs mean?! I have been working for MQ for 5+ years now and my paycheck stubs now seem to be very vague! Can HR help with this in a way I can understand?
you may want to ask this question on the - Medquist Board
[ In Reply To ..]n/m
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