Average salary, compensation, and wages for Medical transcriptionists in the United StatesMedical transcriptionists had median hourly earnings of $13.05 in 2002. 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 2002 were as follows:
Compensation methods for medical transcriptionists 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. More information on Medical transcriptionists from The U.S. Department of Labor Bureau of Labor Statistics Occupational Outlook Handbook Overview of Medical transcriptionists occupation Number of Medical transcriptionists in the U.S. Salary and earnings for Medical transcriptionists Working conditions for Medical transcriptionists Significant points for Medical transcriptionists Training requirements for Medical transcriptionists Labor Information Home | Occupational data by city | Search Rainforests | Madagascar | What's new |