Enter the annual salary or earnings and the total number of working days lost into the calculator to determine the future loss of earnings.

Future Loss of Earnings Formula

The following formula is used to calculate a future loss of earnings. 

FLE = AS / 365 * DL
  • Where FLE is the future loss of earnings ($)
  • AS is the average annual salary ($)
  • DL is the total number of days lost to injury

To calculate the future loss of earnings, multiply the daily earnings rate by the total number of days lost.

What is a future loss of earnings?

Definition:

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.

How to calculate future loss of earnings?

Example Problem:

The following example outlines the step-by-step process in calculate a future loss of earnings.

First, determine the average annual earnings. In this example, the average annual earnings is $100,000.00.

Next, determine the estimated number of days that will be lost. In this case, the event is an injury that causes a person to miss 100 days.

Finally, calculate the future loss of earnings using the formula above:

FLE = AS / 365 * DL

FLE = 100000 / 365 * 100

FLE = $27,397.26