[gama]

Why MT, DU, and editing rates in paisa are almost constant over last few years? Don't the companies hike their rates? They must be. In addition, companies get paid in dollars, and dollar price has constantly only gone up, but rate per line in paisa which MTs and editors here in India get is as it is. Why? Here prices of all commodities go up leaps and bound, but earnings of poor MTs never go up unless they put in more working hours and produce lines.

[latha]

MT is no longer an attractive job. Companies won't hike the pay without more lines and we end up somewhere where we can't produce more. It is a pity situation every MT will face at some point.

[mt4life]

Your statement stands true only from your standpoint. I will give you a quick overview.

The average rate for work directly from a US company is 4 cpl for the most part and 5 cpl otherwise. And no, these US companies neither want to pay more nor hike your rate over time. And if the work is subcontracted from an Indian company to another one, you can pretty much imagine what happens to the rate.

The Indian company tries its best to get the work done at 2.25 - 3 cpl if the rate they are getting is 4 cpl and 3.5 - 4 cpl if the rate they are getting is 5 cpl. As you can see, there is no room for you to earn more because then you will be eating into their profits. You can complain only if you end up with a fraud company that doesn't pay you your dues or does deductions.

There is still a good number of companies that get paid 6-7 cpl, but considering the overall picture they constitute the minority.

To earn better, you need to get vast experience and approach the US companies directly. Otherwise....

[rockyarora]

THANKS FOR PROVIDING US SUCH REVIEW HERE.. IT HAS ENHANCED OUR KNOWLEDGE VERY MUCH HERE

[gama]

No, no. You didn't get my point. To make my point clear, look at this situation.

A vendor gets whatever 'y' cents per line from US client, vender pays 'z' paise per line to MTs. At this time 1 dollar = Rs.50.

After few months, rupee (most of the times sadly) falls, and 1 dollar = Rs.58
So now though the vendor gets same 'y' cents per line, he actually get more in paise because rupee against dollar has gone down, so gets more over and above his margin without doing anything whereas poor MTs continue to get the same 'z' cents per line when naturally petrol prices etc. go up as rupee has slid down.

In plain and simple words, pay MTs too at cents per line rather than paisa per line, so as when rupee slides or climbs, MTs too directly get the benefit or loss respectively.

[mtjobseeker1975]

good proposition but is it possible practically?

[mt4life]

No, no. You didn't get my point. To make my point clear, look at this situation.

A vendor gets whatever 'y' cents per line from US client, vender pays 'z' paise per line to MTs. At this time 1 dollar = Rs.50.

After few months, rupee (most of the times sadly) falls, and 1 dollar = Rs.58
So now though the vendor gets same 'y' cents per line, he actually get more in paise because rupee against dollar has gone down, so gets more over and above his margin without doing anything whereas poor MTs continue to get the same 'z' cents per line when naturally petrol prices etc. go up as rupee has slid down.

In plain and simple words, pay MTs too at cents per line rather than paisa per line, so as when rupee slides or climbs, MTs too directly get the benefit or loss respectively.

What you are sketching is ideal world scenario. Will you be satisfied with a hike of 5 paise per line or 10 paise per line, because at best that is what you will get from generous Indian vendors.

If you have the mettle, go approach the US companies directly. That is the only way to earn better. Anything else would just be labeled empty pot rattling.

[gama]

go approach the US companies directly. That is the only way to earn better.

Obviously, but having said this, please go ahead and throw some light on where to access related stuff, may be websites or whatever

[mt4life]

go approach the US companies directly. That is the only way to earn better.

Obviously, but having said this, please go ahead and throw some light on where to access related stuff, may be websites or whatever

Google is your best resource. That is what I use. You have to invest time doing the search/research.

Search different phrases like "quality transcription" "dependable transcription" "affordable transcription" etc. with quotes. Read forums like mtstars.com, also visit mtjobs.com to get a hang of what you need to have to get attention of US companies.

Don't expect for someone to pave the road for you. If you desire for better, you have to make your own way.

[Dsaxen10]

Your statement stands true only from your standpoint. I will give you a quick overview.

The average rate for work directly from a US company is 4 cpl for the most part and 5 cpl otherwise. And no, these US companies neither want to pay more nor hike your rate over time. And if the work is subcontracted from an Indian company to another one, you can pretty much imagine what happens to the rate.

The Indian company tries its best to get the work done at 2.25 - 3 cpl if the rate they are getting is 4 cpl and 3.5 - 4 cpl if the rate they are getting is 5 cpl. As you can see, there is no room for you to earn more because then you will be eating into their profits. You can complain only if you end up with a fraud company that doesn't pay you your dues or does deductions.

There is still a good number of companies that get paid 6-7 cpl, but considering the overall picture they constitute the minority.

To earn better, you need to get vast experience and approach the US companies directly. Otherwise....

Well, one thing they sure can do if they have want, they can also pay MTs in cents rather than paying in rupees (however, it will have its own consequences if the rupee climbs against dollar).