COST BENEFIT ANALYSIS
Besides freeing up your valuable time, there are financial benefits to using a professional transcriptionist, as well. The examples below demonstrates how it IS possible for you to report more, type less, and make more money!
Reporter A Reporter B
(With Typist) (Without typist)
Day 1
150 pgs @ $3.50 per page = $525 150 pgs @ $3.50 per page = $525
Less $1.25 per page typing = $187.50
Net Pay Day 1 = $337.50 Net Pay Day 1 = $525
Day 2
150 pgs @ $3.50 per page = $525 Scheduled Off -- Typing Day 1
Less $1.25 per page typing = $187.50
Net Pay Day 2 = $337.50 Net Pay Day 2 = $0
Comparison:
In the example above, Reporter A makes $675 plus a 100% tax deduction of $375.00 paid to typist.
Reporter B makes a net income of $525 and no tax deduction.
*In the example above, raw numbers are used and do not take into account your appearance fee.
*Rates above are used as examples only.
Making More for Your Time, an ABI Reporter Article: This article discusses the benefits of using a scopist in your business and how doing so can help increase your income. *While this article was written with machine reporters in mind, the transcriptionist for stenomask reporters functions as a scopist does for machine writers and provides the same benefits.