10.9 Damages: Lost Wages or Benefits is a form of legal compensation for individuals who have suffered a financial loss as a result of an injury or disability. This form of damages may include lost wages, lost benefits, and lost future earning capacity. Lost wages refer to the wages an individual would have earned had they not been injured or disabled, while lost benefits are the non-wage benefits an individual would have received had they been able to stay employed. Lost future earning capacity is the estimated amount of money an individual would have been able to earn over their lifetime had they not been injured or disabled. This type of damages is designed to compensate individuals for their financial losses and to help them get back on their feet after the event.
10.9 Damages: Lost Wages or Benefits
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FAQ
In order for a worker to be eligible for loss of earning power benefits: The worker's loss of earnings must be greater than 5 percent of wages at the time of injury. Medical certification must indicate that the worker's loss of earning capacity is due to the industrial injury or occupational disease.
Lost wages refer to the earnings you have already missed, while loss of earning capacity is the loss of future earning potential due to a long-term or permanent disability.
Lost wages include all the time away from work for both medical treatment and time missed due to physical incapacity to perform your normal work tasks. In order to establish lost wages, you will have the burden of proving all the necessary elements of the damages stemming from your injury.
Baker's Evangelical Dictionary of Biblical Theology - Wages. Wages N E S Payment given for services rendered. The semantic field of this term is usually found in economic contexts, where payment means some type of monetary compensation.
What Are Lost Wages? Lost wages, or lost income, refers to the money you would have earned but didn't because you could not work after injury. Not only does this include hourly wages, but it may also include sick or vacation days, tips, and commission.
Your average weekly wage includes all your gross wages, including overtime and bonuses. If you have a second job at the time of your injury, your average weekly wage also includes those wages. The higher your average weekly wage, the higher the wage loss benefits you receive.
Workers' compensation covers the costs of work-related injuries and illnesses, like medical bills and lost wages.
Such losses are usually referred to as ?lost earning capacity? in California.