Tuesday, June 23, 2009

Salary for a Medical Transcriptionist Is.....

Generally we must look at the average salary and expected earnings of a medical transcriptionist. Statistics revealed by the US Department of labor states that the average earning of a medical transcriptionist range in between $10 to $20 an hour. Based on this you should be able to come up with a general idea of how much the typical medical transcriptionist's salary should be.

To know the truth about a medical transcription salary, you must first realize there is no standard rate for any medical transcription salary. It’s very hard to estimate the medical transcription salary since there will be changed in the medical transcription salary ranging from fresher to a professional.

The lowest paying health care institutions will probably be physicians’ offices, which usually offer something in the range of $14 per hour. The highest-paying opportunities are generally in working as an independent contractor in medical transcription. They can earn as much as $20 per hour, or even more than that.

Medical transcriptionists are sometimes paid by the hour regardless of the amount of work they do or how many hours they work. Others are paid based on the number of lines and sometimes minutes of dictation they transcribe per day. In order to make the best employment decision for yourself, you will need to weigh the advantages and disadvantages in the way your salary is determined.

In Pakistan, there isn't any salary standard set yet. There are companies who are paying fixed salaries on fixed number of minutes, medical transcriptionist have to do his/her fixed number of minutes at the end of the day however there are other companies who are paying their transcriptionists based on number of lines.

A medical transcriptionist in Pakistan can earn up to PKR 14000 for doing 50 minutes a day, which an average transcriptionist can do easily in an eight-hour shift.


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