Extremely low pay, long hours, no advancement - ChiMama Posted: Mar 30th, 2022 - 4:40 pm In Reply to: Question about being an MT from someone in training. - Vicky
I was driving by Taco Johns (fast food joint) the other day and the marquis said "Now hiring, $16/hr, no experience necessary." It's sad when an entry-level fast food worker makes more than a certified specialist MT with more than 10 years of experience, which is me. I haven't had a raise since 2015. I currently am working 8-12 hours a day and making around $80 a day. Break that down and I get paid peanuts. If you can get into an MT job, don't expect a raise, EVER. Most of these companies pay all the employees the same, it doesn't matter if you produce with no errors and have been there for years, you still make the same as a newbie who makes tons of errors. I think medical transcriptionists need to strike. That is the only way to potentially get more money. Visit any transcription company's website, they all state they are the best because they can save the doctors and hospitals money. HELLO! Doctors make six-figure incomes. Hospitals profit millions each year. Transcription companies don't care at all about their employees. At least none that I've ever worked for. This will make you sick: A transcription company with 300 MTs charges doctor/hospital 10 cents a line. Each of the 300 MTs type an average of 1000 lines a day x 30 days = 9,000,000. The company pays the MT only 4 cents a line so 10 minus 4 is 6, which is what the company makes, aka the lion's share. Now multiple 9,000,000 monthly lines x .06. You get a total profit of $540,000. Believe me, these companies can pay more, even with the overhead.
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Complete Discussion Below: (  marks the location of current message within thread)
- Question about being an MT from someone in training. - Vicky (Views: 1277, 2022-03-11, 12:25 am)
- Sorry - see message (Views: 616, 2022-03-11, 8:31 am)
- ugly truth - anon (Views: 581, 2022-03-12, 10:20 am)
- Ugly Truth - TJ (Views: 500, 2022-03-12, 11:36 am)
- Extremely low pay, long hours, no advancement - ChiMama
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