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

How are you paid for PTO? Just found out about mine - Curious and Ticked off

Posted: Dec 11, 2009

I always thought that companies paid for PTO based on an average of your last 3-6 months production.

I just found out that my company pays by the hour! This means my PTO for a week will be half of what a I normally make?

Have you ever heard of this? Is this the norm?

It's the new thing... - ChickenLover

[ In Reply To ..]
I've been seeing that now with the newer job listings. PTO used to be done just the way you described it...now they have found yet another way to cut expenses. Pretty sweet, huh? (sarcasm off)

I was paid exactly like this years ago, not a new way - L

[ In Reply To ..]
Even when I had incentive and base pay, taking time off was always just the hourly rate.

Paid this way too, and never could afford to take time off. - Tired of Typin

[ In Reply To ..]
nm

We are paid by the hour, a set hourly rate. - NM

[ In Reply To ..]
x

mine is averaged over the year - typetypetype away

[ In Reply To ..]
According to the company I work for, I get paid PTO depending on the number of hours I work in the pay period averaged over the last 12 months. It took me a while to understand the mechanism in place, but now keep track of it as well just in case of an error. The formula could change when I did not work 40 hours, i.e., holiday, sick.

Then at the new year, it starts over and each pay period work hours are added and divided by the number of pay periods to come up with average day's pay. I don't know if I am explaining it correctly, but I like I said I now keep track of it and it seems to coincide with theirs. Don't know if other places have another formula or what.

PAID FOR PTO - PurpleHaze

[ In Reply To ..]
I don't know how other companies do it but Medquist pays PTO based on something called your "benefit rate." I still have yet to understand how they do it and I have worked there for over 4 years. It is calculated using some formula of how many average lines you typed in the past 6 months divided by something else, etc. The jist of it is that if you are not a very large production person you don't get paid much per hour when on PTO. When I first started working there they paid a flat $10 per hour for PTO, training pay, etc. But, that came to end a couple of years ago.

MQ pays by the hours. The benefit is determined by your - mt

[ In Reply To ..]
production over the preceeding 6 months. The best and worst weeks are thrown out, and the remaining weeks are averaged to determine your benefit rate. This is done twice a year.

Just one more way to rip off their employees. (nm) - Zircon

[ In Reply To ..]
nm

I feel your pain (sm) - Long time MT

[ In Reply To ..]
The company I work for pays PL as an hourly rate based on the minimum production they require. I routinely transcribe 30% more than the minimum, so when I take paid leave I get screwed. Like you, it's always been my experience that paid leave is based on what your average production is for 3 months or 6 months, whatever, but the pay is commensurate with how much you normally produce for your employer. Yet another way for MTSOs to cheat us.

Similar Messages:

May 01, 2010

either experience or training. I must not be Googling my question right because I cant seem to find anything about transcription for veterinarians specifically. Thanks. ...

Oct 30, 2010

Just worked on an ESL report (with unfortunately for me very, very, very little English). This is a VERBATIM account. Sent it to QA and it was "transformed" into English with little regard for that pesky word VERBATIM. Does verbatim mean different things to different people? ...

Jan 22, 2013

Just got mine in the mail. ...

Jan 29, 2013

It's longer than the constitution for Pete's sake! I end up with so many entries because I get a job, one that usually takes 2 minutes to type, send it off, then NJA, wait a minute, here comes another job, type it, takes 2 minutes, and on and on. Craziness! ...

Feb 26, 2014

Just got a call from my dr's medical records wanting to know the name of the dr she wants my records sent to (she and I looked it up on the computer during my visit and I saw her write the dr's name down) and my dr's address, which I'm sure was on her request, her name and address. One of the last times I saw her, they put someone else's vital signs on my records (height, weight, BP and BMI). Sheesh. ...

Nov 07, 2014

This discussion actually began on October 3, 2014. To search for it, use the little blue search function and type in You missed something and the date 2014-10-04. I think it bears repeating again for all who might insist that people griping" here about Nuance are just conspiracy theorists. I prefer to think of them as canaries in the mine, warning folks away from Nuance. It is NOT just Nuance, as someone pointed out, but they are the most insidious it seems, about monitoring this board and disco ...

Aug 31, 2010

region when I had had my fill of NJA on the last region I was assigned to. Where I am now is certainly not perfect, has some NJA, some nasty dictation, but I do have something to type the majority of the time. If you could come up with the name of one of these supervisors with the critical backlog, fire off a request to be moved. Worked for me (about 10 months ago). ...

May 21, 2012

xxx ...

Jul 16, 2014

I'm so jealous of the team who gets to have this particular TSM. Wow! She's prompt in returning emails, investigates a problem thoroughly, and is overall very pleasant on the phone. It's a breath of fresh air! So if you're in the North and SM runs your show, I want to be on your team! ...

Mar 01, 2012

I was curious if any other MTs are getting paid by the minute too. Replies are welcomed. I am required to get 131 minutes for an 8 hour shift. We get incentive if over. We also use VR, so that helps, and we have weighted doctors. Thanks, MeL ...

Feb 03, 2011

tx ...

Oct 20, 2012

to fix it and put my schedule in there again. Not sure how that could affect PTO, if you are working supposedly with no schedule. But anyway, just a heads up. Especially if when you go to turn time clock on, if there is no blue indicator on the today's activity plan field. It that is empty and you are scheduled to be working, make sure the timecard is showing your scheduled hours. ...

Mar 08, 2013

Was wondering why my check so little, even though I did have 8 hours of work availability. Apparently they only paid me for two 15 minute shifts instead of my benefit rate times four hours each shift. If you are in a state that pays you for half of your shift for work availability,make sure to carefully check your pay for this pay period. ...

Nov 02, 2009

A lady I have talked with wants to train in this kind of work and is planning on going to Andrews. Would she be making at least $30.00 an hour when she gets a job? Thanks. ...

Jul 03, 2010

and suggestions.....my budget is around 700.00. Does anyone use a laptop? Will that withstand an 8 hour day of typing? I have an Emachine now and it is horrible. If I go with a desktop I would only need the tower. I think I would like a laptop but know nothing about them. I have a shift today so I have to do this ASAP!! Thanks for any suggestions. ...

Aug 03, 2010

I was typing my usual docs, hands flying across the keyboard when I typed "bilateral toe and knee replacements". I stopped and thought to myself...hmmm, they do toe replacements? wow! Then my brain kicked in and realized I should have typed....you guessed it, "bilateral total knee replacements" ARRGGHHHH, got a good laugh at my own expense out of that one! ...

Dec 20, 2010

I told her to give it not a second thought, it was a waste of money and time for the schooling required, and, even as an IC, she'd be LUCKY to make $.09 a line and have zero benefits. I told her she'd be MUCH better off working for McDonald's. Who is going to enter this profession of low pay and no benefits in the future? Who will stay when, even the transcriptionists who are fortunate enough to be doing straight transcription now, are gone after the switch to VR and ...

Apr 18, 2013

The following is from a Facebook post from a physician friend of mine. This is a letter he sent to his congressman. I got permission from him to post it here. Long read, but I feel galvanized by this: I have been dealing with 2 electronic health record (EHR) systems and it is clear that the technology is not ready for implementation. I feel they will increse cost, decrese access, and decrease quality of care in their current state. I encourage anyone reading thi ...

Nov 26, 2013

I have noticed my Fiesa audits have picked up significantly. Several reports a day usually. Maybe a day or 2 in a week where there is no audits. Wondering if they are zoning in on me or if this is norm across the board. ...

May 19, 2014

I am technically on probation so critical errors are like swallowing the whole mine I guess? Seriously, with the amount of errors on lists, I feel like I am just waiting to step on a land mine. They made me sign a contract that I would go 3 weeks without a critical error. I missed a dosage on a medication yesterday, KAPOW, there's my critical. And, see that, they even have me thinking I made the mistake. I didnt make the mistake I MISSED the mistake. No, I'm sorry, it's not t ...

Nov 16, 2012

It got my shifts wrong for different days, putting 5 instead of 6 hours. It evened out mostly to be correct but put an extra hour of PTO on my schedule. Which, my CCM, pointed out, I got paid for but my concern is if it keeps messing up on this stuff, how could I be being adversely affected. Nothing here works as they want. ...

Mar 05, 2010

So she signed up for this teach yourself transcription course, captured and enraptured by all its 'carnival barking' about the money, the prestige, and the convenience of working at home and being your own (uh-huh) boss...offering the world on a platter and stopping just shy of suggesting she could meet/marry a doctor. Flashcards in a box. Albeit medical words...but...flashcards in a box. ...

Sep 09, 2010

I think I have found my out of MTing finally. I am going to try to be a home health aide. It is perfect for me in every way!! I am just so excited! ...

Oct 28, 2011

I found the below on the Company Board, and wondered if this could be true? ... Because you've already put in your 40 hours. It is illegal to change your timesheets so they don't have to pay overtime. If they can't give you sufficient work and keep hiring people who take your work away from you, find a company that will give you enough work. Save the emails and send them to the department of labor. ...

May 13, 2012

I just found out that even though I am doing the minimal required lines (120) I am not earning minimum wage and so even if I increase my lines I won't make any more money....Until I am typing over 160 lines. I am so angry. Now they are pressuring me to get higher lines so I can get out of them paying minimum wage. Which is insulting in itself. I am going to try to do it and then be a benefited employee. But I am just angry that 120 lines doesn' ...

Aug 18, 2013

http://www.prnewswire.com/news-releases/mmodal-inaugurates-new-medical-transcription-center-at-mysore-182340551.html While not an MM employee, my heart goes out to all who got let go recently. ...

Aug 24, 2013

I have been in this (medical transcription) boat for a long time. I have enjoyed it and been able to support myself. The last few years I have been stubbornly trying to hang on and "ride the waves", but have finally gotten it through my thick head that this is NOT working for me anymore! I hate what this industry has become! Anyway, was looking on the website of our local technical college, and I think I have found something I may be interested in. Going to lo ...

Jun 18, 2015

BEST JOBS FOR WORKING AT HOME: Proofreader Average Pay: $18/hour Education: Bachelor's degree Medical Transcriptionist Average Pay: $17/hour Education: Associate's degree or one-year certification program Show me a company I can make $17/hour at. And proofreader....we already do that and again, not for $18/hour. ...

Nov 21, 2009

Just for the heck of it, I went to the resume section of this board, and noticed there were quite a few MTs with "entry-level or less than 5 year's experience" wanting to be compensated 10-15 cpl -- I really seriously doubt that is going to happen, especially for a "newer" MT. I would suggest that if you are really serious about finding a job in MT, then revise your expected compensation rate to something a bit more realistic. ...

Nov 21, 2009

I also posted this on the main board, but here goes. Just for the heck of it, I went to the resume section of this board, and noticed there were quite a few MTs with "entry-level or less than 5 year's experience" wanting to be compensated 10-15 cpl -- I really seriously doubt that is going to happen, especially for a "newer" MT. I would suggest that if you are really serious about finding a job in MT, then revise your expected compensation rate to something a bit more realistic ...