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Medical Transcriptionist Salary Earnings - Medical Transcription Salaries Pay Scale Earnings

Medical transcriptionists had median hourly earnings/salaries of $15.05 in 2004. The middle 50 percent earned between $10.87 and $15.63. The lowest 10 percent earned less than $9.27, and the highest 10 percent earned more than $17.97. Median hourly earnings in the industries employing the largest numbers of medical transcriptionists in 2004 were as follows:

Medical Transcriptionist Salary General medical and surgical hospitals $15.20
Medical Transcription Salary Offices of physicians 15.00
Medical Transcription Salary Business support services 15.42

Compensation methods for medical transcriptionists salary vary. Some are paid based on the number of hours they work or on the number of lines they transcribe. Others receive a base pay per hour with incentives for extra production. Employees of transcription services and independent contractors almost always receive production-based pay. Independent contractors earn more than transcriptionists who work for others but have higher expenses than their corporate counterparts, receive no benefits, and may face higher risk of termination than employed transcriptionists.
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