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An employee with a permanent disability rating of 20% would therefore receive a benefit payment for 100 weeks. If the employee's average weekly earnings are $435, the employee will receive two-thirds of that amount, or $290, each week for 100 weeks, for a total benefit of $29,000.
The average compensation received by workers for their injuries was $21,800. At the extreme ends of the scale, 12% of workers received less than $2,000, while only 8% of workers received between $60,000 and $100,000. The majority of workers, 55%, received between $2,000 and $20,000.
Typical Workers Comp Settlement Amounts According to an intensive study, the average settlement or award was $21,800. The majority of workers (68%) received between $2000 and $40,000. As you can see, there is a tremendous different between $2000 and $40,000.
Workers compensation settlements are usually calculated by taking your weekly wage loss benefit and multiplying that number by 52. This gives you an estimate of how much the insurance company will have to pay per year for wage loss benefits.
Your workers' comp claim entitles you to continued medical care for your injury or illness. Your employer may offer you a lump-sum settlement in exchange for your agreement to not pursue any further reimbursement for medical costs or other workers' compensation benefits.
If it is the Primary Treating Physician that found you at Maximum Medical Improvement (we say MMI now. P&S is no more), and your attorney agrees with that Treating Physician's findings -- and those findings address ALL the claimed injuries -- then expect your attorney to suggest a settlement demand about 6 weeks after
For a starting point, the settlement range for pain and suffering on a torn rotator cuff where surgery is performed is between $100,000 and $175,000. The low-end of the range is if you had little treatment, are left with limitations and disability after the surgery.
The average workers' compensation settlement for a shoulder injury varies, but you can expect to receive about two-thirds of your average salary while you're out of commission. A few factors will go into determining the exact amount you will receive.
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