A community of 30,000 US Transcriptionist serving Medical Transcription Industry
Hey, I thought the moderator "unposted" the jobs that were posted here if they paid less than 4 cents a line. I wonder whatever happened to that? It seems like I read that somewhere, anyhow.
At 3 cents a line, TTD is beginning to bump up against the states' minimum wages. The only way that I see that they will be able to get around that is by saying they will hire independent contractors only, and I don't think we are all so stupid as to take 3 cents a line and then have to pay double social security on it as well as taxes (independent contractors have to pay the employer's portion of the social security tax because they are self employed).
I believe the Federal minimum wage is either already at or will rise to $7.50 an hour in the near future. So they are going to have to impose a minimum of 2000 lines a day ($60.00 a day divided by 8 equals $7.50 an hour) for editing and if the platform is awful, and they fire the people who can't do that much because the reports have to have almost as much typing as before, they are going to shoot themselves in the foot by paying so poorly. They simply won't have any workers. If the only way they can get cheap labor is to send the work to India, good luck on that too, as India's inflation rate is something like 8 or 9% and it's not going to take much longer for that route to become not very cost effective either.
I would love to see someone paying so cheap have it backfire on therm by going out of business. I hope they are reading this.