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

Can someone put what's happening at Webmdx in a nutshell? - Curious

Posted: Apr 29, 2011

I don't work there, I work at MedQuist, but I'd like to know what may be coming down the pike for us....anyone care to share what the pay cut entails? TIA

wmx pay cuts - anon

[ In Reply To ..]
I don't think it will necessarily affect you, our rates are now much closer to what yours are now. Basically straight transcription rates stayed same (but hardly any straight transcription left, mostly ISR), ISR cuts per line, the ISR is now being paid at 0.575 of our straight transcription rate (which is still higher than some places) and in my case this is a cut of 0.0045/line, almost half a cent. Then they changed our bonus tiers, which is how many of us were able to still make a decent living. They increased the amounts needed to reach each level and reduced how much you get in the bonus. For me and my average lines/week, the difference means ANOTHER 0.0075/line decrease, and this would be on straight transcription AND ISR. Last, they increased the minimum number of lines transcribed per week to 6500 lines.

My SR line rate is similar. The incentive pay tiers, however, - apply to any combo of MT and SR. SM

[ In Reply To ..]
If you transcribed 1400 lines most of one day and edited only 600 lines, that'd be 2000 lines, which maintained over the week (x5 days) would put you in the 3rd incentive pay tier, or an additional 0.0075 for all lines.

But if you edited 2000 lines most of that day and transcribed 600, that'd be 2500 lines, which x5 days would put you in the 5th tier, or an additional 0.0150 applied to all lines.

The first incentive tier requires only 1400 lines a day, or 175 lines per hour, even if they're all editing.

Conversion of work to SR has been speeding up and, even with the heavy editing we do here, we produce more lines editing. On looking at the numbers posted each month showing what each person (anonymously) has produced, most full-timers were always earning incentive pay above the bottom level. So even though the SR line rate cut, already questionably low, is a genuine blow, the incentive pay scale still works for us and currently favors editors. There may be more adjustments coming as transcription continues to disappear, though.

VR and pay cuts - ANON2

[ In Reply To ..]
Join the crowd. I went from almost 10 to 4.5 overnight with another company, single mother with responsibilities. I can go to Walmart and make more than that. I don't suppose the office personnel took a 50% cut in their pay. NO? OK how about moving to a bigger fancier office. It makes me sick that the very people who provide their paychecks got the first shaft. I've been with this company for 10 years. I am thoroughly disgusted with the length they will go to lie. I will bet they have not re-negotiated contracts with the clients they have because they always said when they were coming up. I have no respect for these people anymore. I'm looking around.

I'm also looking around, both $ and principal - Livid

[ In Reply To ..]
I'm in the same boat as you. I took a second job last year after last year's line rate cut, but now with another line rate cut AND the incentive restructuring, I literally can't afford to support myself anymore and am beyond disgusted with how they've handled this. Working for a company I don't respect but pays the bills is one thing, but now I have neither, so the choice has been made for me. Good luck to you, and to all of us suffering from this!

Good luck to you too, Livid. Will you just go - full time for the second company? NM

[ In Reply To ..]
x

Webmdx - Varesa

[ In Reply To ..]
Had worked for a wonderful small MT company and was paid 9 cpl for 65 chars with spaces. Webmedx recently took over the account and I sincerely doubt that they will be paying their MTs anywhere near 9 cpl.

They probably have more overhead than a small MT company. - nm

[ In Reply To ..]
nm

Overhead - Varesa

[ In Reply To ..]
Probably true but there are companies with a lot of overhead paying 9 cpl. The difference is that they value their MTs and understand that without them, there would be no income.

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