A community of 30,000 US Transcriptionist serving Medical Transcription Industry
I have applied to 20 different companies for jobs and not one single company has replied. I have over 20 years of experience. Is it just me or is the medical transcription field just flooded right now with people submitting resumes because nobody wants to do voice activation? In the past, I would always hear back right away.
Why does it seem that MTSOs never want to give a pay raise, but only to CUT pay? Yes, I know there is competition from India. However, their cost of living is so much less than ours there is no way we could live on what they are paid. If they are so good, then why hasn't 100% of the work (or nearly so) gone there? That being said, why is it that people work 5, 6, or 7 years for one MTSO and never get a pay raise? Management is getting raises, you can be sure of that, and it seems like everyone but the MT is getting raises at these MTSOs, with all of the pay raises awarded being on the backs of the ones bringing in the money from the customers, i.e.,the MT, who NEVER gets a raise! Also, why is it that pay is being cut in half to work on VR? It has been documented that the high producers have the least to gain by the introducton of VR under these circumstances. MTSOs are driving out the high producers who no way can double their production, because they are already fast! They can, for the most part, only get to between 25% and 30% or so more lines on VR and thus have to take a massive pay cut! Maybe someone producing 150 lines per hour typing can get to 300 lines per hour on VR, but somebody doing 250 lines per hour can NOT very quickly get to 500 lines per hour on a consistent basis, if at all! Eventually MTSOs are going to have to wake up and smell the coffee. By driving out the high producers, while their difference of what they get from the client and what they pay the transcriptionist may remain the same, they are going to wind up spending it on more IT personnel, more training, and more turnover, more skimpy benefits, etc. A high producer, even doing 25% to 30% more is still doing more than what used to be a lower producer! So MTSOs will eventually pay the piper having a higher net expense after driving out all or most of their high producers who were typing traditional transcription. Maybe not so much in this particular economy, but things will eventually change. I hope so, because we who produce big lines for so little money editing are simply going to bag it (as many already have), and work somewhere else for better pay, so it's either pay better now, or pay better later, and by the way, start giving us pay raises...maybe not in this economy, but in the future, because it will change.