A community of 30,000 US Transcriptionist serving Medical Transcription Industry
The recent reduction in shift differentials is the first phase of reducing the workforce during those hours. You can expect there to be an eventual phase-out of the shift differentials altogether. Why? The ultimate goal is to utilize offshore vendors for that work.
This pressurized reduction in income opportunitywill cause some natural attrition: Some will not be able to afford the pay loss, some will be upset and simply quit.
It will take a little time but not a long drawn-out process.
Then, the focus will be on the very limited available work for day shift only.
Goal? Minimal US staff with majority of all work siphoned to offshore vendors.
They will tell you that they do not want to lose their US MTs -- it is important to keep them, yadda yadda -- but in the long run they only will want the best they can afford and only an extremely limited number of MTs for those few positions.
Their actions:
Illegal? No.
Immoral? Not really. All businesses have to do what is best for their survival.
Unfortunate? Yes.
Sad? Absolutely.
Discouraging? Completely.
I watched, listened, planned and worked along with MQ for years in management. CBay just pushed it off the already rocky, steep, slippery cliff. I left shortly after I could no longer be held responsible for the offshore conflict (poor quality from them, clients literally screaming and cutting contracts over the pitiful quality, but continuing to use them -- because CBay demands it) without any power to change it.
All of this is my opinion after having been part of that inner circle. It is not divulging intellectual plans or confidential meetings. It is an extremely experienced and insightful opinion only ...
Find yourself another line of work right now. Do not wait.
Signed,
The X