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

I would like to hear from all independents who get the following: - Need your input on this one

Posted: Nov 01, 2009

I am an IC. I have read a website that says we as independents get the following. I would love to hear from each one who is in this category and tell me if you as an independent are getting the following:

The site says many companies that hire ICs give full benefits including sick leave, health insurance, sign on bonuses, paid vacations, retirement plans.

Next this site says 6 hours a day is considered a full day for most MTs and lastly it says that we, if compentent enough, can make a good living just by working a 30 hour week.

If your place of employment does, that is great. I probably think that I am not falling into this picture though and want to hear about others.

I don't get any of those listed benefits being an IC. sm - myka

[ In Reply To ..]
I have only been an IC in my transcription career and have never received any health benefits, sick days, etc. That part is a crock in my opinion. I will say that my "full day" is around 6 hours most days (1 account only) and I did make a decent living before the economy crashed!

Not a chance. The reason places hire ICs is to - cut costs associated with providing benefits. sm

[ In Reply To ..]
If they offer things like that, they run the risk of the IRS saying the IC is employee and having to pay back taxes for the IC. No way they will risk that.

Didn't you post about this bogus ad last week? - XXX

[ In Reply To ..]
I remember this from last week or recently as least. No, ICs do not get any of that, period. That is the whole point of being an IC, the company does not have to give you squat. Even as an employee they don't have to give you insurance or retirement plans, maybe not even sick days/vacation days, that is why they are "benefits", they are used to entice, but not a mandatory thing. As for working 30 hours a week, I am sure some do, but I am sure most don't. I make close to $2K a month and work about 10-12 hours every day, though I don't work as much on Saturdays, maybe 4-6 hours, usually have a lot going on on Saturdays. I could work less for sure, but need to work smarter and be more dedicated, and probably then could get away with 50 hours a week, which I really need to start doing.

Said I would be sued for slander - Need input

[ In Reply To ..]
I contacted a school to let them know I would be posting how real transcriptionists work and then post what is on their web and they came back with I could not do, would be slander. How can you slander yourself if telling the truth. I told them they owed me an apology for even saying that. I have gotten my apology I asked for and also told them I read on their site they stated typing 54 wpm could get you 300 lph- that was changed since I brought that to their attention. I have now found where this Christian based school who teaches others to be word specialists has the word misspelled as ms-spelled on their ad. I think schools that are underhanded should be called out for being so. Oh, BTW, I posted on another board, forgot, sorry about the double posting.

The part about - sm

[ In Reply To ..]
6 hours a day/30 hours a week as an MT can be true once you are experienced & get your speed up, if you're an IC because companies make employees clock in 40 hours a week. The other stuff just isn't true -- ICs by definition don't have benefits. If you want a job with benes, health insurance, etc., then you have to go with employee status, and if you do that, then you're going to pretty much have to put in 8 hours a day.

somebody is breaking IRS laws - Snow Bunny

[ In Reply To ..]
>>> ICs give full benefits including sick leave, health insurance, sign on bonuses, paid vacations, retirement plans.

Benefits are not given to ICs, they are given to employees. The above situation is little more than the IC paying for the above benefits (in the form of the tax money the service doesn't have to pay the IRS).

Original poster again - Needing

[ In Reply To ..]
What I posted was taken directly from the ad posted by the online school saying what we as ICs were being offered. I know I did not get offers like this, am IC and wondered if others did. I first took note of this school's ad when I read on MTS person having hard time finding a job and what school she said graduated from.

Benefits - Cissy

[ In Reply To ..]
I have worked for a couple of companies that claim they offer benefits, what a joke. In order to get these you need to work 24-hours a day. If you do come close they pull there QA bit to hold you back. They will look for anything to avoid giving you anything. I am making half of what I did when I worked in-house 10 years ago how is this fair.

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