Best Incentives/Rewards for MTs? - Rachel
Posted: Dec 07, 2010
Hi All,
I own an MTSO and want to offer the best pay structure possible for our MTs and Team Leads that are hourly employees. Unfortunately, the economy and this industry are still tough, so the sky is not the limit as far as how much I can pay per line. However, I was hoping to offer monthly/quarterly bonuses based on quality and attendance (combined with meeting daily line count requirements).
Things we've considered are:
A paid day off as MT of the month
Monthly bonus of $25 for excellent attendance/quality
Quarterly bonus of $100 for attendance/quality
Gift cards to restaurants/movies/online websites
I hate to give production bonuses because turning in 10,000 poorly typed lines is not the same as an MT who proofs each report and takes that extra time to make sure our clients get the best possible transcripts.
If any of you would be willing to share your favorite pay incentives, bonuses, rewards, gifts, etc I'd love to hear it so I can make sure to offer our MTs the best that's out there.
Please email me at therighttype@gmail.com
Thank you!
Nice topic. :) - Pragmatist
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Barring a high base line rate, I will always be looking for an incentive or bonus pay plan I can use to create that high line rate consistently. Perhaps you could make good quality an eligibility requirement?
(Of course, from what I see in completed reports, every company I've worked at seems to have at least one apparently very valuable employee who puts out really lousy work but presumably vast dependable quantities of it. How else to explain? :)
If you can't afford that now, though, what grabbed my eye was the paid day off, both for the lovely extra free time and the pay. I'm guessing a typical day's pay would be more than the $100 quarterly bonus you're also considering.
Incentives - BackwoodsMT
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At one company I worked for the minimum line requirement was 1,200 lines per day for which you were paid the regular base line rate. I think it was maybe a half cent for more lines to 1,500, and an even larger rate for lines typed over 1,500. This, however, does not allow for a stipulations regarding accuracy and somehow that should be considered.
If the work flow does not allow for "free" days off, then the bonuses are certainly attractive. Something is better than nothing.
Thank you for sharing these ideas.
An idea I have had - AgingMT
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This idea is to specifically address the problem of demographics and cc's. Usually that is a screen that needs to be carefully checked and verified, but not paid for.
I was trying to think of a way to compensate the time spent on these vital items. The only thing I have come up with so far is that the MT gets 1 dollar per report ONLY IF every demographic item and cc is correct/flagged. So, 20 reports, 20 bucks; 1 report wrong, no bucks.
To the ones who say that we should pay attention to the demo screen even if not paid, I completely agree. I'm just saying, if it is SO important, then find a way to compensate for what often takes longer to fix than it does to transcribe the report!
That's a novel idea! I, too, hate all the unpaid time I - spend diddling around with the demographics. (nm)
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:)
Being warned that I'd be fired for a 3rd mistake - after missing 2 misidentified patients
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(who MOI?! Really??) was all the incentive I needed to pay better attention.
And let's face it, it's NOT unpaid work. It's a significant part of the job we're paid for.
No, we're NOT paid for it. If we were, the more time - we spent trying to decipher the - sm
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disaster-area a.k.a. "patient demographics", the more money we would be making. And they just make it more ridiculously slow and complicated every few months.
Huh? We ARE. Really. "Line rate" is just short for - "pay for signing on, etc., opening programs,
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etc., answering e-mails, etc., verifying demographics, etc., and performing all other ancillary duties of this position, etc."
But they ARE lines we don't get paid for - AgingMT
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At any company I have worked at, the demographics are completely unpaid. In other words, not even the "lines" I type in for patient name, number, physician, etc., are paid. Do those go unpaid to the MTSO as well? No one has ever had a real answer for me.
BTW, I feel depressed at the reminder of all the time I spend that is not actually paid but required. In the 90's when I started to work on a line rate I was required to do nothing but transcribe. Even the demographics were considered "clerical" and if not dictated QA took care of it. Alas, those were the days.
Where I work we are paid on a tiered - see message
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system like another poster mentioned, 1200 base, then 0.05 cpl increase for every 200 lines above that up to 0.13 cpl.
The one thing I have a problem with is PTO amount. If working on straight production, there is not an "hourly" rate which compensates for the time off. When I take PTO, I am making literally 1/2 or less of what I make working production. That is definitely something that needs addressing. At one facility I worked for, our PTO was determined on an "average" of what we made the preceding month.
As for addressing poor quality, that could be taken care of through audits. We have a set requirement, if we fall below that for 2 consecutive audits, our incentive is gone until our next audit. That takes care of the quality issue in most cases.
Bonuses and gift cards are nice. I like American Express - giftcards that can be used almost anywhere.
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Does Amazon.com have gift cards? Those would be cool, as well. So would Walmart.
I think the paid day off is nice, too.
I agree with you that paying for quality and attendance is better than higher production. MTs automatically get paid more for more production just by working. Those with difficult accounts or few if any templates would be left out.
Maybe, after an MT has proven that they take that extra initiative to double-check their work, and who get consistently high quality, should be rewarded with an increase in the pay-per-line they get every day. Speaking for myself, that would be a huge incentive for me, because it's an achievable goal; whereas most of the time those ultra-high line counts aren't achievable, especially when work is sparse.
:)
It seems refreshing to read this effort on your part. - SignMeMT
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It seems more and more that not many companies we work for care at all about the MT being satisfied. I did a paper for a business management class once on the benefits of keeping good employees, which is something I think has been of no particular interest to most MTSOs lately. Unfortunately, it seems to be the last thing on their minds.
I think any of your suggestions would and should be appreciated these days in this industry. I am so tired of getting the ole "your extra work is appreciated" and coupled with my 99.9% QAs, I could just scream.
Thank you for your post. Hope springs eternal. Are you hiring?
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