Settlement Calculation Inputs
Settlement Results
Estimated Settlement Value
Adjusted Settlement: $0
| Component | Calculation | Amount |
|---|
Understanding Wrongful Termination Settlements
Wrongful termination settlements are calculated based on several factors including lost wages, emotional distress, and potential punitive damages. Our wrongful termination settlement calculator provides an estimate based on standard calculation methods used in employment law.
Settlement Calculation Methodology
The settlement is calculated using these formulas:
Lost Wages = (Annual Salary / 12) × Months of Lost Wages
Emotional Distress = Annual Salary × (Emotional Distress % / 100)
Punitive Damages = (Lost Wages + Emotional Distress) × (Punitive % / 100)
Gross Settlement = Lost Wages + Emotional Distress + Punitive Damages
Adjusted Settlement = Gross Settlement × (1 - Mitigation % / 100)
Example Calculation:
- Annual Salary = $60,000
- 6 months lost wages → (60,000/12)×6 = $30,000
- Emotional Distress 10% → 60,000×0.10 = $6,000
- Punitive Damages 20% → (30,000+6,000)×0.20 = $7,200
- Gross Settlement = $30,000 + $6,000 + $7,200 = $43,200
- Mitigation 10% → $43,200 × 0.90 = $38,880 Adjusted Settlement
Factors Affecting Settlements
Actual settlements vary based on jurisdiction, evidence strength, employer size, and specific circumstances. This calculator provides a baseline estimate for informational purposes.
Frequently Asked Questions
What is wrongful termination?
Wrongful termination occurs when an employee is fired for illegal reasons, such as discrimination, retaliation, or violation of employment contracts.
How accurate is this calculator?
This calculator provides estimates based on standard formulas. Actual settlements depend on many factors including jurisdiction, evidence, and legal representation.
What factors affect my potential settlement?
Key factors include salary, length of employment, strength of evidence, employer size, local laws, and your efforts to mitigate damages by seeking new employment.
Is this tool legally binding?
No, this is an informational tool only. It does not constitute legal advice and should not be used for legal decision-making.
How do I export my results?
Use the CSV or PDF export buttons above the results table to download your calculation for reference or sharing with legal counsel.