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Can you tell the difference between:

Creative Sales Gimmicks

and

Fact?

Earning Potential

A Frequently Asked Question for those exploring any career field is often regarding reasonable earning potential. Quite a legitimate question. Are all answers equally legitimate or accurate?

ZipRecruiter salary estimates, histograms, trends and comparisons are derived from both employer job postings and third party data sources.
Data used to develop this report includes ADP data. ADP is an exclusive provider of employee payroll data for ZipRecruiter.

As of Dec 17, 2020, the average annual pay for a Medical Coding in the United States is $40,134 a year.

While ZipRecruiter is seeing annual salaries as high as $52,000 and as low as $30,000, the majority of Medical Coding salaries currently range between $36,000 (25th percentile) to $43,500 (75th percentile) with top earners (90th percentile) making $49,000 annually across the United States.

The average pay range for a Medical Coding varies little (about $7,500), which suggests that regardless of location, there are not many opportunities for increased pay or advancement, even with several years of experience.

 

To estimate the most accurate annual salary range for Medical Coding jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America.

LABEL

OR

FORMAL TRAINING ARRANGEMENT?

APPRENTICESHIPS

While there is not a single absolute definition of what an apprentice is, it historically has been used as more than a limiting label. The term “apprentice” has its orgination in the “Guild System” where groups of artians or trades identified different phases of achievement in categories such as Apprentice, Journeyman, and Master. It has historically represented an evolving tradesperson working under supervision towards Master, the highest level of experience, skill, and knowledge. Historically it was not a mere label applied to an individual, but more of a mark of progress in a structured and ongoing process of real world vocational practice.  The term when applied as a singular designation and not part of a structure or pathway to increased recognition may be construed as incomplete or limiting.

Below are links to resources for Apprenticeship information and be sure to check the AAOMCP Members content for Apprenticeship opportunities that may be available for AAOMCP Members.

Be Sure To Understand “Internship” Definitions as well as Regulations

Exercise caution and be knowledgable of regulations and your rights. Do not be taken advantage of or even placed at risk. It may seem appealing to trade free labor for experience. Be sure to consider such contingincies as Workers Compensation in case of accident or injury, personal liability for errors or regulatory violations, etc.

INTERNSHIP

the position of a student or trainee who works in an organization, sometimes without pay, in order to gain work experience or satisfy requirements for a qualification

HAVE A CLEAR UNDERSTANDING OF WHAT AN INTERNSHIP IS TO YOU AND WHAT ALL DETAILS ARE

Online Practice Program

Is this an “internship”?  Or is it a “product offering”?

  • Are you supervised or mentored in a real world work environment?
  • Are you paying a fee instead of either working without compensation or for some wages? In other words, purchasing access to practice exercises more so than being provided genuine real world work experience. Practice cannot be minimized while it cannot be misunderstood as real world “experience”.
  • Understand the authentic substance to be gained and use discretion in regard to widely accepted definitions for “experience”.
Work Experience Opportunity

Will you be performing genuine workflows and work functions? Will you be exposed to actual industry tasks as they would occur in the workplace?

  • Productivity Standards?
  • Accuracy assessments?
  • Supervisory access?
  • Real time workflows with expected variances and challenges?

These are richer and more relevant experiences that better prepare aspiring professionals for employment. Real world experience provides those entering the field the best foundation to succeed in such critical instances as interviews.

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