Abstract
This chapter provides an overview of how a loss of employer-provided fringe benefits is valued. Employers offer benefits because of scale economies and tax advantages, and to attract and keep employees. The major fringes, health insurance and retirement plans are valued differently depending on the type of information available. For youngsters with no work experience, their value is based on statistics showing the average employer cost of benefits, or the average individual replacement cost of benefits. For employees, it is information on the costs incurred by the worker’s employer. The perspective in personal injury and wrongful termination cases differs from that in death cases where the focus shifts from the value the worker places on benefits to the value that dependents of the deceased worker place on them. The final section of the paper discusses court cases involving fringes.
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Rodgers, J.D. (2016). Incorporating Fringe Benefits in Loss Calculations. In: Tinari, F. (eds) Forensic Economics. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-56392-7_6
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DOI: https://doi.org/10.1057/978-1-137-56392-7_6
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