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

question about line rate? - Ang

Posted: Jul 19, 2011

Is 8 cents a line (paid for spaces) a good rate for an IC? Is it typical?

line rate - lisa

[ In Reply To ..]
yes this is typical and okay pay. I get paid that after 6 years! (with incentives).

Thanks - Ang

[ In Reply To ..]
Thank you, Lisa - am looking around and asking around to see if an IC job might be appealing - appreciate the reply.

Eight Cents!!! - Lee

[ In Reply To ..]
No, 8 cents for text for an IC is an insult. First off, take away over about 1.5 cents for your SS taxes. That leaves you with 6.5 cents a line. Your internet, your equipment, your references, your brain, fingers, etc. Granted some of these can be deducted, but what an insulting recompense for a professional with a high level of accountability for quality. If you cannot come up with enough deductions, with taxes, you may find you are netting less than 4 cents a line.

Good point - mtmom

[ In Reply To ..]
Unfortunately, I don't know any jobs out there (IC) that are offering more than 8 cents per line. One I'm working for now is 7 cents per line. Luckily I still work for a local psychologist who pays me per page as an IC. With her, I make about $20/hour. :)

I wouldn't even bend over to pick up 8 cents if I - saw it lying there on the sidewalk. (n/m)

[ In Reply To ..]

no way - anon

[ In Reply To ..]
As an IC you have to pay your own taxes, you have no benefits so you need to pay for your own health insurance, etc. and you get no paid time off. I would not even think about doing IC for under 12 cents a line paid for 65 character line with spaces. In addition to getting no benefits and not being an employee, it is more than likely that you will be treated like an employee and expected to work seven days a week, so for 8 cents a line, it is not worth it, IMO.

Anon is absolutely correct - puneet

[ In Reply To ..]
People pick up an IC position at 10-12 c/65-character line and send it to people like us in India, working at 6 c/65-character line, thereby making good profit. We return them the transcripts overnight.

I get 12 cents as an IC sm - anon

[ In Reply To ..]
I get killed on taxes. You can't afford to do it for less than 12.

I am looking to get out and back into an employee situation. I end up having to work a set schedule anyway, so why keep up with the IRS headache.

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