Your compensation will be calculated here.
The Arkansas Workers’ Compensation Calculator is a valuable tool designed to assist employees who have suffered work-related injuries. It helps estimate the compensation you may receive based on your weekly income. The formula for calculating the compensation is as follows:
Formula of Arkansas Workers’ Compensation Calculator
If you missed work due to your injury, you may be eligible for the following payments based on your weekly income:
- Weekly average income is $1,807.51 or above: In this case, you are eligible for a maximum compensation of $1,205.
- Weekly average income is between $903.76 and $1,807.50: You will receive 66 2/3% of your weekly pay.
- Weekly average income is between $669.44 and $903.75: You will receive a flat rate of $602.50.
- Weekly average income is $669.43 or less: You are entitled to receive 90% of your weekly pay.
Using this calculator, you can quickly estimate the compensation you might receive based on your income, providing a clear and reliable financial outlook during a challenging time.
General Terms and Conversions Table
Term | Definition/Conversion |
---|---|
Disability Rating | A measure of injury severity |
Compensation Rate | The rate at which you are compensated weekly |
Medical Benefits | Coverage for necessary medical expenses |
Temporary Total Disability | When you are temporarily unable to work due to an injury |
Permanent Partial Disability | When you have a lasting but not total disability |
Impairment Rating | A rating assigned to the level of impairment |
Vocational Rehabilitation | Assistance in returning to work |
Maximum Compensation | The highest compensation amount you can receive |
Lump-Sum Settlement | A one-time payment to settle a claim |
Average Weekly Wage | The average wage you earn per week |
This table serves as a quick reference, eliminating the need to manually calculate these terms each time.
Example of Arkansas Workers’ Compensation Calculator
Let’s take an example to illustrate how the Arkansas Workers’ Compensation Calculator works:
Suppose your weekly average income is $1,200. According to the formula:
- If your income is $1,807.51 or above, you would receive a maximum compensation of $1,205.
- In your case, your income falls between $903.76 and $1,807.50. Therefore, you are entitled to 66 2/3% of your weekly pay.
So, if you were to miss work due to a work-related injury, your estimated compensation would be $1,200 * 66.67% = $800.04.
Most Common FAQs
To apply for workers’ compensation, you should report your injury to your employer immediately. Your employer will then provide you with the necessary forms to initiate the claim process.
Workers’ compensation typically covers medical expenses, disability benefits, rehabilitation, and, in some cases, vocational training.
The time it takes to receive benefits can vary, but in most cases, you should start receiving benefits within a few weeks of reporting your injury.