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

Warning! Rant ahead! - Whatever

Posted: Dec 14, 2010

So my company is moving everyone from IC to employee on Jan 1.

Pros: PTO days, insurance for FT, and they deal with taxes.

Cons:

I don't need their insurance. I want the "employer paid" portion in my check, which we won't get.
Expected daily production went up.
Level to reach incentive pay went up and not calculated daily.
CPL rate went down 15%! And that's for standard transcription, not VR.

Just in production pay alone, I'm losing $100-150 per pay period. Even when I calculate how much I pay in taxes as IC versus what my employer would be taking out, I'm still losing about $100. Then I'm sure they'll be moving everyone to VR and cut that pay by 15% too.

I haven't had a "raise" in 5 years and now it's going in the wrong direction! Pretty soon we'll be working for next to nothing like the Phillipines.

I'm usually optimistic about changes but this is ridiculous. How can they expect us to live off of what they want to pay us? Oh, wait...that's right, they don't care. Perhaps next time a DR complains about a mistake in a report, they can take a look at how little we get paid, the lousy dictators we have to put up with, and the sometimes ridiculous hours we have to keep.

All this coming on top of the fact that this month I'm only making about $300 because there's just no work available right now.....but at least my laundry isn't piling up at all.

Christmas was already hard enough to fund without this problem. After paying my bills, I won't have a dime left for anything else. Hope the kids understand.

You don't have to get the insurance - you can choose - to opt out. n/m

[ In Reply To ..]
...

I know that - Whatever

[ In Reply To ..]
I know I can opt out, but I want that "employer paid" portion of the insurance in my paycheck and not just a "use it or lose it" situation.

Rant ahead - Shadow

[ In Reply To ..]
let me guess, you are working for Transcend? Cuz they told me that they were discontinuing all IC, moving everyone to employee status. Yes, with a cut in pay. Of course! That's the bad news....the good news is that Transcend's 3 quarter earnings are up 43%. Yes, balancing the budget on the back of the transcriptionist grunts in the trenches. (inject heavy sarcasm here).

not Transcend - Whatever

[ In Reply To ..]
glad the suits are getting their cut.

me too - pumpernickel

[ In Reply To ..]
I'm in the middle of all that Transcend switcharoo, too, but in a way I suppose I'm glad about the cuts in pay to my typing rate and the essential cut in pay with VR I took a while ago because it finally gave me the kick in the pants I needed to get back in college and work on getting out of MT.

I work for the same company - sm

[ In Reply To ..]
because I received the same info but I won't be really losing anything because I don't get enough work to make the minimum line count anyway.

I can't even make my December house payment because of the drastic drop in Nov/Dec so Christmas won't be happening here at all.

Same company - Star

[ In Reply To ..]
Since when does Christmas depend on gifts and money? Christmas is what you make it.

True but... - Whatever

[ In Reply To ..]
True, Christmas should not depend on gifts and such...but I wasn't even talking about gifts. When you cannot even afford to buy the ham for the dinner because every dime I did manage to scrape up has to go to the mortgage and utilities, it's hard to make something out of nothing..even for Christmas.

But bills are bills. You're hijacking the point. - nm

[ In Reply To ..]
nm

Bills are bills - Star

[ In Reply To ..]
And I am very poor (thanks to MedQuist, but that is another story). Still and all, I make arrangements to make payments on my bills, I do not have money for entertainment or extras or even gifts, but I refuse to let that bring me down or dictate how I feel. And that is EXACTLY the point.

No, the point is - sm

[ In Reply To ..]
that this company is really not giving any benefits at all. We can get comparable health insurance now for about the same amount as we will pay under the group plan. The PTO and FICA are really not paid by the company. They are paid through a reduction in our line rate.

The comment about Christmas was a side note relating to the fact that our pay has dropped dramatically in the past two months, not the point of the thread.

Halfway through the month earning only $300? Of course - Anon

[ In Reply To ..]
you don't want insurance. You do seemingly need a new job that allows part-timers to work part time. Best wishes getting it.

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