Projections Data

Projections Data

Projections data from the National Employment Matrix
Occupational title
SOC Code
Employment, 2006
Projected employment,2016
Change, 2006-16
Detailed statistics

Number
Percent

Medical transcriptionists
31-9094
98,000
112,000
13,000
14
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NOTE: Data in this table are rounded. See the discussion of the employment projections table in the Handbook introductory chapter on Occupational Information Included in the Handbook.


Earnings
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Wage-and-salary medical transcriptionists had median hourly earnings of $14.40 in May 2006. The middle 50 percent earned between $12.17 and $17.06. The lowest 10 percent earned less than $10.22, and the highest 10 percent earned more than $20.15. Median hourly earnings in the industries employing the largest numbers of medical transcriptionists were:
Medical and diagnostic laboratories
$15.68
General medical and surgical hospitals
14.62
Business support services
14.34
Outpatient care centers
14.31
Offices of physicians
14.00
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 do transcriptionists who work for others, but independent contractors have higher expenses than their corporate counterparts, receive no benefits, and may face higher risk of termination than do wage-and-salary transcriptionists.
For the latest wage information:
The above wage data are from the Occupational Employment Statistics (OES) survey program, unless otherwise noted. For the latest National, State, and local earnings data, visit the following pages:
· Medical transcriptionists