If you experience a wage loss because of your work injury, what you are paid by the insurance company, known as wage loss benefits, is typically based on your earnings before the injury. Using your pre-injury earnings, the insurance company comes up with what is known as your average weekly wage. Your average weekly wage includes all of 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. Generally, the benefits you receive are two-thirds of your average weekly wage. It is very important that your average weekly wage be correctly calculated. In our practice we often see clients whose average weekly wage has been miscalculated by the insurance company. Even a few dollars difference in your average weekly wage can add up to hundreds or thousands of lost dollars over the course of your claim, and can also affect the settlement value of your case.
If you think there might be an error in your average weekly wage, or simply want someone to review your average weekly wage calculations, please call us for a free consultation.