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

Figuring out rate per character - bobbio

Posted: Aug 22, 2014

Does anyone know how to figure out what the rate per character would be if pay is 14 cents a line at 70 characters per line?

Oh my... - Depressed

[ In Reply To ..]
Where is this 14 cents a line job? The going rate is 3 to 4 cents for a 65 character line.

Figuring - 0.002 - AnonQC

[ In Reply To ..]
0.14 divided by 70 but you'll be tarred and feathered for even asking...

probably why she's asking on the Word Help board. - who knows. NM

[ In Reply To ..]
`

Here's a calculation - anon

[ In Reply To ..]
I ran the Properties on a short document that I transcribed. It had 1878 keystrokes (including spaces) and 1565 keystrokes (no spaces, just visual black character). Using the "standard" formula of 65 keystrokes per line with a line rate of 8 cpl, I got:

1878 / 65 = 28.89 lines x 0.08 = $2.31
1565 / 65 = 24.07 lines x 0.08 = $1.93

That's what I would be paid for the document.

Now, let's calculate things for you, same # of keystrokes but with your numbers:

1878 / 70 = 26.82 lines x 0.14 = $3.75
1565 / 65 = 22.35 lines x 0.14 = $3.13

Yeah ... I'd say that 14 cpl for a 70-keystroke or character line is a good deal.

Rate per character - sm

[ In Reply To ..]
Rate per character = rate/characters. The / means "per" or "divided by"; it is the division symbol.

Rate/characters = 0.14 / 70 = 0.002 cents/character

Enter .14 on your calculator, then the division symbol, then 70, then the equals sign.

It is exactly the same as calculating cents per orange if oranges are 3 for 99 cents. .99/3 = .33

It is the decimal and the size of the numbers that may confuse you. It is easy to figure 3 for 99, but most people don't deal with decimals enough (or ever) to have a feel for it.

The dislike bird seems to have an issue - with math.

[ In Reply To ..]
OK, that takes the cake! What kind of person would DISLIKE a freaking CALCULATION???

How childish!!!

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