Future Loss of Earnings Calculator

Formula

To calculate the future loss of earnings:

\[ \text{FLE} = \frac{\text{AS}}{365} \times \text{DL} \]

Where:

$\text{FLE}$ is the Future Loss of Earnings ($)
$\text{AS}$ is the Average Annual Salary ($)
$\text{DL}$ is the Total Number of Days Lost

What is a Future Loss of Earnings?

A future loss of earnings is a measure of the total value or earnings that a person or company will lose in the future due to some event that causes a lost amount of earning day. These events are typically workplace injuries, but it can also be applied to losses of businesses due to infringements on trademarks etc.

Example Calculation

Let's assume the following values:

Average Annual Salary ($\text{AS}$) = $50,000
Total Number of Days Lost ($\text{DL}$) = 100

Using the formula:

\[ \text{FLE} = \frac{50000}{365} \times 100 \approx 13698.63 \]

The Future Loss of Earnings is $13,698.63.