Loss of Earnings Calculations Why struggle to calculate the past or future loss of earnings? It can be complicated and a poor use of a Solicitor's time and expertise, particularly in terms of research. The alternative is to request a Loss of Earnings Schedule from YES/A D Elsegood, to cover the post-accident period and as far into the future as you wish to project. Using a computerised spreadsheet, and the rates of tax and National Insurance for each relevant year, we can determine the likely earnings each year in both the original and in any alternative occupation. This will then reveal the likely Loss of Earnings (in net terms) for each year and, of course, the aggregate over the period. Our methodology is sophisticated but highly productive. Typically, a Loss of Earnings Calculation for YES/ADE is presented in spreadsheet form. The visual nature of this presentation makes it easy to see where circumstances have changed and the computer methodology can easily accommodate any adjustments which may be proposed.The preparation is likely to incur a fee equating to about 3 hours of professional time, but at approximately half the charge-out rate of a Solicitor or Forensic Accountant. It may be particularly cost-effective to request a Loss of Earnings Calculation at the same time as instructing YES to provide an Employment Report. In that event, we only need to consider the earnings information once in order to incorporate it into both the Employment Report and the Loss of Earnings Schedule. In that way, we save some time and that is reflected in a reduction in your expected fees. For a sample Loss of Earnings estimate, simply provide your e-mail address via the "Contact us" page (use the button to the top of this page). We will supply an anonymous example of a recent calculation in the form of an Excel spreadsheet. Research Data YES maintains a comprehensive library of research material, salary surveys, career guides and technical studies, which enables it to incorporate relevant guidance and comparative earnings information into its reports. Labour Market Surveys YES undertakes comprehensive research into labour market trends, salaries, pay and benefits across a wide range of occupations. As a result of its operation as a Human Resources Consultancy in numerous industries and organisations, YES Human Resources is aware of current developments in employment and pay trends, and can provide surveys, reports and guidance on appropriate terms and conditions of employment. YES Selection is continually placing Personnel and HR Managers, and often receives valuable information relating to salaries and terms and conditions which our clients may be willing to share. Naturally, this gives us a good 'feel' for current rates of pay, even though we must and would always want to respect confidential data. YES maintains a research library of career information, salary surveys, official statistical publications, and has access to unpublished data from little-known sources and Internet sites. YES can either conduct a salary/terms and conditions survey specifically on your behalf, or provide access to well-validated sources of data and statistics. Contact YES by phone, fax or e-mail to learn more about Labour Market Analysis, salary surveys and occupational trends.