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

Show of hands - Who thinks MM is really

Posted: Jul 11, 2012

working on a new compensation plan?

I think that all went out the window with the JP Morgan/Chase thing.

oh, no... they will cut our pay for sure - and probably soon

[ In Reply To ..]
but that is just my opinion

They did what they said they would with the benefits... - BrendaK

[ In Reply To ..]
I have no reason to believe otherwise with the compensation, which I expect to be more for some, less for others, and the same for yet more. With all the acquisitions, pay is all over the place and I think the main point of the compensation plan is to get everyone on the same page pay-wise.

That was before - Alias

[ In Reply To ..]
The new insurance plan was before the buyout. The rest will now be what JP Morgan thinks you should have. New ownership, new rules. Wait and see.

Insurance is only for 6 months - new plan in December

[ In Reply To ..]
It is absolutely new ownership and new rules. They extended the benefits for 6 months to pacify the masses and are dangling a carrot of a comp plan until the buyout is formal so they do not have a mass exodus. Once the buyout is in place we have every right to be skeptical about our benefits in December reverting back to the old ones and our pay getting cut again.

then why are you still here? - I mean really

[ In Reply To ..]
why would you stay with a company that you just *know* is fixing to cut your pay AGAIN?

troll - go away

[ In Reply To ..]
We will see who is right, wont we.

I could be wrong I admit - but

[ In Reply To ..]
If I were as convinced as you that there was a paycut coming, I would not stick around for it. And don't call me a troll. I know what trolling is and this ain't it.

Compensation Plan - Fed Up

[ In Reply To ..]
What a joke. That was just to shut us up for a little while. This is what happens when working on a piecework platform (sweat shop), and really should be outlawed as it was in the garment industry. That is why those jobs were outsoruced. It is a company's way to keep you as close to minimum wage as possible. It seems funny they can create all these new positions with large corporate salaries, but they can't squeeze out another dime for us. This profession has gone straight to hell. I remember the day when I actually earned a living. Now I have to get food from the food bank.

don't you all remember...sm - paint me blue

[ In Reply To ..]
she was also conveniently going on maternity leave. They had to know the merger was coming way ahead of time or at least planning on it. I also believe it was to shut us up for now. I keep my fingers cross there is such a thing as a comp plan but knowing the evil MM it will be twisted. I don't think they will come flat out and increase pay especially with some making a little higher than others.

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