A community of 30,000 US Transcriptionist serving Medical Transcription Industry
Just for the sake of simplification, let's say there are 3 kinds of MTs:
1. The MT who does absolutely any work type; operative notes, radiology, hematology, cardiology, neurology, and all the hard stuff, including difficult ESLs. Good audits and production. Good at VR. This MT is also certified.
2. The MT who is not certified but has at least 10 years experience, many specialties, ESLs, good audits, VR, and excellent production.
3. The newbie who is or is not certified. Sends much to QA, but within reason, good audits, and meets minimum line requirements while struggling with VR a little.
In my opinion, #1 should make 9 to 11 cpll typing, 7 cpl VR. #2 should make 8 to 10 cpl typing, and 6 cpl for VR. And #3 should make 7 to 8 cpl typing, with 5-6 cpl VR. Does this sound within reason?
I am #2. I make 9 cpl and turn that into $40,000 a year. When I was #3, I made 7 cpl and turned that into $30,000 to $36,000 a year. I believe that any MT working for less than 7 cpl is going to be looking for another job soon. Same with less than 5 cpl VR. As they become experienced, they can make more $$.
Which MT are you? What do you think you should make? Not what you would like to make, or used to make, but what you consider a fair wage at this point in time.