1. What is Average Weekly Wage?

Average Weekly Wage (AWW) is a calculation that determines the average amount of money earned per week over a specific period. It is commonly used for workers' compensation claims, unemployment benefits, and financial planning purposes.

2. How Does the Calculator Work?

The calculator uses the AWW formula:

Where:

• \( AWW \) — Average Weekly Wage (dollars)
• \( \text{Total Wages} \) — Sum of all wages earned during the period (dollars)
• \( \text{Weeks} \) — Number of weeks in the calculation period (count)

Explanation: This simple division provides the average earnings per week, which is essential for various financial and legal determinations.

3. Importance of AWW Calculation

Details: Accurate AWW calculation is crucial for determining workers' compensation benefits, unemployment insurance payments, loan qualifications, and assessing financial stability for various legal and financial purposes.

4. Using the Calculator

Tips: Enter total wages in dollars and the number of weeks in the calculation period. Both values must be positive numbers greater than zero for accurate results.

5. Frequently Asked Questions (FAQ)

Q1: What time period should I use for AWW calculation?
A: Typically, use the 52 weeks prior to the date of injury or claim, but specific requirements may vary by jurisdiction and purpose.

Q2: Should I include overtime pay in total wages?
A: Yes, include all wages including overtime, bonuses, and commissions unless specifically excluded by relevant regulations.

Q3: How is AWW used in workers' compensation?
A: AWW determines the compensation rate for injured workers, usually calculated as a percentage (often 66.67%) of the AWW.

Q4: What if employment period is less than 52 weeks?
A: Use the actual weeks worked, but some jurisdictions have specific rules for short-term employment that may require different calculations.

Q5: Are there different AWW calculation methods?
A: Yes, some jurisdictions may use different methods for seasonal workers, part-time employees, or those with irregular work schedules.