How will my lost earnings be replaced? How is the compensation amount calculated?
To determine the amount of compensation available for lost earnings, the average weekely wage (AWW) is used. This is calculated by averaging the highest 39 weeks of pay out of the most recent 52 weeks of pay earned. Once an AWW has been determined, workers compensation will pay 80% to the injured worker.
Related Questions
- Travel Insurance ยป Benefits and Coverages: What happens if my baggage is delayed for more than one day but not lost? Will I get some compensation?
- Is Statutory Paternity Pay calculated in the same way as SMP, i.e. eight weeks average earnings?
- Why aren graduate students and post-docs earnings and % of earn sal ever calculated?