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


Let's Please Stop It! - MDIer32


Posted: Nov 28, 2009

The conference calls are over,  the paperwork will soon be sent in, and rumors have been put to rest, at least I think they have been.  I am encouraged because D seems to be more at the helm than I thought she was going to be.  She answered a question yesterday which made things more clear about the rate cut.  I said a long time ago that 10 or 11 cpl was not going to fly forever.  You charge only what the market can bear, and in this economy it cannot handle those rates.  Are we worth more than 9 cpl?  Yes.  Does D and Transcend feel we are worth more?  I believe they do.  But I also believe we are in an industry that is more competitive than any other.  I see posts on here that tell us we can find jobs that do pay more than 9 cpl.  Where are they?  Look at the Job Seeker's Board.  Nothing new posted for almost 3 days, and what is there is not much to consider.  A post further down on this board illustrates just 1 MT's experience in looking for work for 2 months and so far nothing. 

I am grateful for my job with MDI/Transcend.  I am also grateful for 9 cpl and a flexible schedule.  For those who are not and do not want to join in the ride, get off the train.  But before you do, take a look around and be sure before you jump.  I have and I am staying right where I am.  It is time to stop the complaining and knit-picking this thing to death.  We will all be okay if we look at the glass as half full and make up our minds to think positive thoughts, look for the good things that this merger means, and trust in D's choice of a company for which she, herself, is now working.  You know, if it was just the money she cared about and not all of us, she could have just sold off her accounts and shut the door.  Then where would we all be come February 1? 

Good Luck to you all! A few hundred a week is better than nothing! nm - tj

[ In Reply To ..]
nm

And when it all goes to VR, will you still be this happy? - nm

[ In Reply To ..]

I hope it will not be VR on BeyondTXT! nm - Burned out BeyondTXTer

[ In Reply To ..]
nm

Fact vs fiction - MDIer32

[ In Reply To ..]
VR is by client request. If you were in on any of the conference calls yesterday you would have heard this answer to the VR question asked. You would also have heard that the VR rate is not 4 cpl but 60% of your current line rate. And, you would have also heard that nothing is changing regarding VR and the platforms we use now unless the client requests the change, which is considered to be highly unlikely. Don't borrow trouble and you will feel much better about things.

I agree. These changes are way down the road, so.... sm - been there

[ In Reply To ..]
why worry about it now. Already been through a merger and things did not change for the first 6 months (except for the number of people that left that I can no longer count), so you all have plenty of time before you can complain or it hits you. I think some of us are just trying to warn you that changes will eventually come and they will cheerfully tell you how great these changes will be. From what I understand they have not moved the previous people who were mergered over to their platform yet, but at least they told them it would be happening. I'd say you all have nothing to worry about until at least summer.

my contract says VR at 4cpl (nm) - MDI-VRer

[ In Reply To ..]
x
According to conference call - MDI-MT-Tobe
[ In Reply To ..]
on Friday at 2:45 p.m. C said that VR will be 60% of your straight typing line rate. If you are getting 9 cpl then VR should be 5.4 cpl by my math. Any doubts, email C or D.
conference call - MDI-VRer
[ In Reply To ..]
In the call for my VR team C specifically said that our 4 cpl rate wouldn't change. The 60% may be if you move onto BeyondTXT, I don't know. From what I hear I'd rather take Escription at 4 cpl than BeyondTXT at 5.4 cpl.

Okay, 6 months from now... - Annie

[ In Reply To ..]
I am going to remember this E-mail, and get my I-told-you-so's ready.

interesting, but not so apparently for me. - sm

[ In Reply To ..]
Because my line rate was stated in the offer letter and the VR rate stated in the offer letter was NOT 60% of that, but much lower. And if it is different for different platforms, then how can they quote a VR rate as if I move to VR, who knows at this time which platform I would be on?

Rate Cut - Annie

[ In Reply To ..]
In this global economy (As a young whipper snapper, never in my wildest dreams, while in college, would I have thought that I would have to compete for a job with a person living in India.), I certainly understand the rate decrease. Just dont let me find out if there are outrageous bonuses given to those in the corner offices. Making cosmic level profit margins by lowering labor costs is unfair, unreasonable and unconscionable.


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