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

Transcenders: Question on - your pay

Posted: Apr 14, 2010

How many of you receive no raises and/or even rate cuts while management receives increases equivalent of complete salary packages, bonuses and the company offers $78 million to buy Spheris?

Raise! what is that; if it weren't for my second job, I would starve to death and ... - transcending to the depths of hell

[ In Reply To ..]
my house would be in foreclosure, but it is good to know Transcend is doing so well (hold, on let me puke)

Every single last one of us below management level. - nm

[ In Reply To ..]
nm

Indignation - Not even a Transcender

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I cut ties with MDI before the merger took place so I never officially worked for Transcend on any level.

However, it did make me nauseous to see they had squirreled away $78 million while their hard-working MTs are scrambling to get their lines and make at least a halfway decent living under thread of loss of benefits and everything else.

I find it revolting. Perhaps if they don't win the auction they'll find it in their souls to treat their MTs better and spread some of that surplus around, the jerks.

Squirreled away $78 million???... - highly doubtful

[ In Reply To ..]
I believe they have a hefty loan lined up to cover the $78 million bid for Spheris - seriously doubt they could pinch THAT much off their MTs' salaries to have that amount of cash on hand.

And here comes the management retort... - So predictable

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.

They need to invest that 65 mil load in fixing that horrible VR equipment . - transcender

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Beyondtxt VR is the worst in the business. It is much slower than typing. You have to redo at least 40% of every report on there. It skips words, paragraphs, but makes sure it adds a bunch of nonsense if there is pause in the recording. They are really ripping the MTs off with this.

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