Tag Archives: Earnings Claims
Employment Expert Witnesses & EEOC Award

Employment Expert Witnesses & EEOC Award

Employment discrimination expert witnesses may consult on labor and employment, fair employment practices, the Equal Employment Opportunity Commission, and associated matters. In the news, an Iowa jury awarded $240M earlier this month to 32 mentally disabled men who formerly worked at Henry’s Turkey Service in Atalissa, Iowa.

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Economic Analysis in Employment Case, Part 5

Economic Analysis in Employment Case, Part 5

According to the forensic economics literature, we would say the best approach would be to compute the reduction in payout at the time of retirement, rather than employer contribution. This approach, however, is more complicated, uses assumptions contributing to perhaps a more speculative figure and this method is more time-consuming for the economist.

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Economic Analysis in Employment Cases, Part 4

Economic Analysis in Employment Cases, Part 4

The unfortunate reality is that for the average American wage growth has not been keeping up with inflation since approx 1975! This may be referred to as the phenomenon of the falling real wage.

…..forensic economists look to the specific earnings history of the individual, when available, and exercise judgment in determining the earning capacity that should be expected in future years.

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Economic Analysis in Employment Cases, Part 3

Economic Analysis in Employment Cases, Part 3

Worklife

A statistical average of the number of years a person will be working. It factors out the probability of death, sickness, child rearing, and leaving the labor force.

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Franchise Purchase Due Diligence, Part 2

Franchise Purchase Due Diligence, Part 2

In item 20 of the FDD, closely examine the so called franchisee churn rate–the number of company owned and franchisee units that have opened, closed, or transfered over the last several years, versus the total company unit size. Too many closures or transfers is bad–its a sign of stress and turmoil. Generally, franchise owners do […]

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