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


Pros and cons of IC versus employee ?? - Any advice appreciated!


Posted: Jan 02, 2015

x

What I think of IC - sm

[ In Reply To ..]
I work full-time IC for a small company and part-time for a larger company (IC).

One job pays me what an IC should be paid, the other one not so much. But I love both companies.

Positives for me: More money, flexibility, you get to choose your schedule, work the Holidays you WANT to work, don't have to worry about conflicting appointments - If I need off to go to the doctor I just email them and tell them I have a Dr. Appt and let them know what time I'll be back on that day if it happens to fall on a day I agreed to work.

My full-time company I literally work when I want and my part-time company wants an idea of when I will be working i.e. what days of the week, mornings? Afternoons? Evenings? They are a little more demanding (if you will) but yet really flexible in the sense that they know they cant tie me to a set schedule, but ask for more communication than my other job. As long as I am productive and put in my time, both jobs are really reasonable.

Negatives: Negatives are really only negatives if you need the benefits. You don't get insurance (I have my own), you have to pay your own taxes quarterly, no paid vacation, sick-time. I don't mind the no paid vacation. If I need a couple days off I usually can afford to take them and I let them know ahead of time. So far, I haven't gotten sick and needed to be off for any extended period of time so that's good. Also, no unemployment benefits if you get fired or work runs low.

I personally do my best to do a good job with quality and production so they have no reason to want to get rid of me. And between the 2 I don't have much of a problem running low on work.

So no benefits, pay your own taxes and no unemployment are the negatives.

Thank you, I really appreciate your reply - n/m

[ In Reply To ..]
x

Love IC status! - For the same reasons poster replied.

[ In Reply To ..]
I don't know why I did not do this years ago!! Love IC status.


Similar Messages:


Pros And Cons Of IC Vs. Employee
Oct 20, 2011

Just wondering what the pros and cons of IC status vs. employee status are? If you could be one or the other, which would you prefer and why? ...


PROS Versus CONS...Is It Worth It?
Nov 09, 2010

Do you think, with the current state of affairs with the MT industry, that it would be worth trying to start a transcription company?  I'm torn.  The only reason I would want to start a transcription company is to try to make what I use to make.  I don't love being an MT, at least not anymore.  In fact, I am growing to despise it.  The thing is, I am a damn good MT, not that you would know it from looking at my paychecks since the big switch to VR and downgrade ...


Pros And Cons
Jan 13, 2013

So I'm a bit stuck and not sure which way would be best... hoping you all can help. Putting aside cost and time to complete, what are some other pros and cons of going for CPC/CCS first instead of an RHIA and vice versa? ...


Can Anybody Tell Me Pros And Cons To
Jan 09, 2015

being a prn employee? I have an upcoming interview at a hospital for an MT job. The job is not through a staffing/employment agency. Who ever gets the job will be an actual hospital employee but will not get any benefits (one disadvantage). I wonder how it works when you want to take vacation (how much notice needs to be given) or if you have to give a two-week notice when you quit. Any info would be appreciated. Thanks! ...


Pros, Cons Of...
May 26, 2015

Looking into Southern Type.  Do they pay on time, how many undecipherable dictators, management easy to deal with, etc.  TIA ...


Emdat - Pros And Cons
Dec 30, 2009

does anyone work on the emdat system and if so, pros and cons please ...


ATTN QAs ONLY: Can You Tell Me Pros And Cons
Oct 15, 2010

Or hypothetically speaking if you are a QA who works on Dictaphone EXEditor, paid $16 per hour, full-time with potential for overtime most weeks. I have been with this company for 6 years. Love it.  Great management/office staff. I have been offered a QA position, but want to know opinions from fellow QAers before accepting what you like or dislike about QAing, the work itself.  Is this a good gig? ...


Futurenet? Pros Or Cons?
Oct 20, 2010

Can anyone tell me how their workload is here and any other pros or cons? ...


Pros/cons To DIT Transcription? 
Dec 01, 2010

Hey does anyone know of any pros/cons to DIT transcription?  Got an e-mail that they want to take their test but not sure about it.  I have been burned a few times from other places and don't want to fall into another trap....and not get my money.   Thanks! ...


WebScribe Pros And Cons, Please
Dec 29, 2011

Okay, you'll probably tell me to look in Archives.  Anyway, anyone familiar with WebScribe?  And how about their Crescendo CPSI MDInTouch?  Thanks.  ...


Inscribe - Any Pros Or Cons?
Jan 05, 2012

I'm looking for a new company as my account is being outsourced. Is Inscribe worth the testing time? ...


Nuance Pros And Cons
Feb 25, 2012

I read some minor cons, some minor pros.  I'm getting the feeling since the company is not being bashed heavily, that there are MTs who are surviving working for them.   Content people- What do you like about it? Discontented people - What do you find lacking? Request:  Please don't turn this into an argument with each other because you disagree with another poster's experience.  Just tell me YOUR experience, pretty please? ...


Nuance - Pros/Cons
Jun 18, 2012

Can anyone give me information about Nuance.  Pros and cons.  Any information that can be provided will be much appreciated! Thanks Jayz! ...


SoftScript-pros, Cons?
Nov 09, 2012

I have read so many pros and cons. Running out of work (that's a problem I have right now). I would love to hear from those who have been at SoftScript for longer than just a few months-maybe a year or more. Are you still happy? Do you still have work everyday? I can't take much more working till midnight just to get enough lines in and time in to pay my bills. I just want to do my job in a decent time frame and get some sleep. There's no such thing as a perfect company-they all h ...


Pros And Cons For Nuance
Jun 05, 2013

I am thinking of switching over to Nuance and would appreciate any and all advise I can get. Please let me know your experiences both good and bad. Hate starting w/someone new. Thanks. ...


Synernet - Pros, Cons
Aug 31, 2013

pros, cons. ...


Weighing The Pros And Cons
Jul 16, 2014

I was wondering if I could get some input on working for Nuance.  Are they trustworthy? Do you run out of work?  How is the platform Dicatphone Extext?  Currently work for MModal and trying to decide if this would be a good change or bad. Thanks for your help! CURIOUS ...


Anyone Using ChartNet? Pros? Cons?
Oct 31, 2014

s ...


Can Someone Tell Me The Pros And Cons Of M*Modal.?
Jan 11, 2015

I used to work for Medquist for about 15 years or so...I left the company in 1995.  Can anytime tell me how they have changed...pay rates, etc.  Do you have to work as employee or IC?  Need equipment? I need all the information I can get is someone would be so kind as to fill me in.  What type of platform do they use?   Thanks in advance.  ...


Synernet - Pros/cons??
Mar 17, 2015

Looking for pros/cons of Synernet - who's in the know? ...


What Are The Pros/cons Of Being Paid By The Hour
Jan 01, 2011

I am a newer mt and was just wondering what are the pros and cons of being paid by the hour versus by the line?   TIA ...


Any Pros And Cons About Landmark Transcription?
Nov 09, 2011

Any pros and cons about Landmark Transcription? ...


M*Modal Or Nuance? Pros And Cons?
Sep 19, 2012

. ...


Word Expanders, Pros And Cons
Feb 27, 2013

I am getting a new computer with Windows 7 and would like to know what word expander programs a person would find simple, minimal learning curve, pros and cons and what is out there. I have always used autocorrect, but feel with a MT expander would increase my production better.  Any advice, what to stay away from and what do you like about it or not? ...


Pros And Cons Of The Medrite Platform
Apr 15, 2013

Would like to hear pros and cons of the Medrite platform.  Have not heard of this one before, so anything you have to say about it would be appreciated.  Thank you. ...


AccuTran - Pros/cons, Experience?
May 09, 2013

Hello! Just got an offer from them. Pros/cons, experience? ...


Proscript Transcription Pros And Cons, Anyone Please.
Aug 05, 2014

Line requirement per hour?  If subcontractor, what is pay per line?  If employee, how are benefits, 401K?  What is QA penalty and quality expectation?  Thanks so much. ...


Does Anybody Know The Pros/cons Of Having An External Hard Drive?
Jan 23, 2015

...


Any Current Focus Employees? Pros, Cons, Good, Bad Comments?
Nov 17, 2010

Is there work?  Do they pay on time?  Any comments on overall experience there would be appreciated.  ...


IC Versus Employee
May 14, 2011

This post is not what you probably thought it was going to be.  I am not going to list the pros and cons of being an IC or am employee. It appears that MTSOs are "fudging" on these two classifications of workers to get the advantages. For example, as an IC you make your own hours.  There is no schedule; that is the nature of being an IC.  Yet these MTSOs want you to work a set schedule.  Another example:  You are hired as an employee.   Because you're an employee, you shoul ...