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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.
Gather any documents you have to prove your claim, such as paystubs, time sheets, calendars or notes about your work hours. If possible, identify any property your employer owns, such as buildings, equipment, and inventory, in case you win your case but your employer refuses to pay.
If You Are Paid an Hourly Wage: Take the amount of your hourly wage and multiply it by the number of hours you missed due to the accident. For example, if your hourly wage is $20, and you missed work for three days (8 hours per day), your calculation would be: $20 x (8 hours x 3 days) = $480 (your total lost wages).
It may occur due to factors such as job loss, business interruption, disability or injury. For example, an individual who gets injured in an accident and cannot work for a period of time would suffer from a loss of earnings.
If the claimant is an employee of a business and receives a regular paycheck every week, every other week, twice per month or otherwise, then the claimant/employee's claim for loss of earnings is usually the difference between the claimant's regular pay check and the lower post injury pay check.