Present earnings definition

Present earnings means the injured worker's actual weekly earnings which are generated by gainful employment except as provided in paragraph (A)(9)(b) of this rule. It is a rebuttable presumption that earnings from paid leave provided by the employer will be included in present earnings.
Present earnings means the claimant's actual weekly earnings which are generated by gainful employment unless the claimant has substantial variations in earnings. Where the claimant has substantial variations in earnings, the adjudicator shall apportion the earnings over such period of time that reasonably reflects the claimant's efforts to earn such an amount. Earnings generated from commission sales, bonuses, gratuities, and all other forms of compensation for personal services customarily received by a claimant in the course of his or her employment and accounted for by the claimant to his or her employer will be included in present earnings for the purposes of computing the wage loss award. In instances where sales commission, bonuses, gratuities, or other compensation are not paid on a weekly or biweekly basis, their receipt will be apportioned prospectively over the number of weeks it is determined were required to initiate and consummate the sale or earn the bonus, gratuity, or other compensation. In the case of a claimant engaged in self-employment, "present earnings" means gross income minus expenses. For purposes of calculating present earnings, there shall be a rebuttable presumption that a claimant engaged in self-employment has a gross income of at least one hundred dollars per week or such other compensation that the bureau of workers' compensation shall impute to self-employed persons for purposes of determining premium payments. Income derived from self-employment shall be reported on at least a quarterly basis.

Examples of Present earnings in a sentence

  • Present earnings per share for every period for which an income statement is presented.

  • Present earnings, outlook, financial condition, capitalization should bear upon the price of a stock only as they assist buyers and sellers in estimating future dividends.In this research the researcher suggest over FMCG companies listed on NSE (National Stock Exchange) whether investors should buy/sell/hold the stock of these companies based on analysis.

  • Present earnings are more valuable than future ones because the future is uncertain.

  • Present earnings (Ei,t)have a positive effect on dividend distribution as can be observed in models PAM, Waud and ETM.

Related to Present earnings

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;