If you have been hurt in a car accident, the person who caused the crash may be liable for any damages that you incur. In most cases, lost wages will be included in a settlement or jury award. The amount that you are owed will depend on a variety of factors unique to your situation.
Are you an hourly worker or a salaried worker?
If you’re a salaried employee, you will first need to divide your annual salary by 2,080. The number that you see on the calculator is the amount that you’re paid per hour. From there, you multiply that hourly wage by the number of hours that you missed. In the event that you’re an hourly worker, simply multiply your hourly wage by the number of hours that were missed because of injury.
What if you’re a freelancer?
You may be able to obtain compensation for lost wages, future earnings or other economic damages sustained in a motor vehicle accident even if you work for yourself. In such a scenario, you will likely need to provide copies of previous tax returns, client contracts or other documents that can verify the extent of your losses.
Lost future earnings may also be part of a settlement
It isn’t uncommon for an accident to render you unable to remain with your current employer or in your current position. For instance, if you experience a brain injury in a motor vehicle accident, you might be transferred to another job that pays less than the one you had prior to the crash. A settlement may take this into account when determining the true scope of your economic losses.
A motor vehicle crash may result in long-term injuries such as a concussion, chronic back pain or whiplash. An attorney may be able to prove that your injuries were caused by the actions of a drunk, distracted or drowsy driver. This might be done by introducing witness statements, cellphone records or toxicology reports into evidence during a settlement hearing or personal injury trial.