100% Original, Plagiarism Free, Tailored to your instructions

Order Now!

what is meant by earning capacity

Explain what is meant by earning capacity. Further, provide an explanation for one of the earning capacity models (the explanation should not come directly from the book, it should be worded in your own words).
Robinson, R. (2014). Foundations of Forensic Vocational Rehabilitation. New York, NY. Springer Publishing.
What is meant by Earning Capacity?
Student’s Name
Institutional Affiliation
What is meant by Earning Capacity?
In simple terms, earning capacity is the total amount of income that an individual who is willing and able to work should earn over a lifetime. While the term has existed for many decades, it only came to the fore in 1999 when Stephen Horner and Frank Slesnick discussed it in their paper. According to Horner and Slesnick, earnings capacity is the total projected income of a person who maximizes his prospects over earning streams (Skoog, 2014). Earnings capacity is highly subjective because it fails to incorporate non-cash acquisitions that increase the individual’s wealth. Nevertheless, most of the factors that influence a person’s earning streams are well detailed. They include a person’s skills and knowledge, practical ability, the opportunities available, and the freedom to make a choice of those opportunities. The term is relatively common in tort cases where people sue former employers for losses arising from accidents while at work.
There exist several earning capacity models. However, the most commonly used one is Field’s practical approach. According to Field, it is critical to have a practical approach to the assessment of earning capacity that incorporates the useful and widely accepted concepts that have emerged over the years. The model follows six basic steps. The first step involves formulating a pre-injury idea of earning capacity after a detailed review of case records. Second, the specialist involved should come up with a post-injury base wage. Specifically, this involves determining the individual’s residual capacity after injury and then identifying jobs that the client can do and earn wages. Third, the specialist should approximate the variance between the client’s pre-injury earning capacity and post-injury earning capacity. The next step involves determining the remaining work life of the individual. Fifth, the assessor should multiply the client’s remaining work life with the pre-earning and post-earning capacity variance. Lastly, one should translate the resultant figure to its present value.

Skoog, G. R. (2014). Earning capacity and economic theory. NAFE, 1-39.

Our Service Charter

  1. Excellent Quality / 100% Plagiarism-Free

    We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique. Speaking of the academic writing standards, we will stick to the assignment brief given by the customer and assign the perfect writer. By saying “the perfect writer” we mean the one having an academic degree in the customer’s study field and positive feedback from other customers.
  2. Free Revisions

    We keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed.
  3. Confidentiality / 100% No Disclosure

    We make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service.
  4. Money Back Guarantee

    If the writer doesn’t address all the questions on your assignment brief or the delivered paper appears to be off the topic, you can ask for a refund. Or, if it is applicable, you can opt in for free revision within 14-30 days, depending on your paper’s length. The revision or refund request should be sent within 14 days after delivery. The customer gets 100% money-back in case they haven't downloaded the paper. All approved refunds will be returned to the customer’s credit card or Bonus Balance in a form of store credit. Take a note that we will send an extra compensation if the customers goes with a store credit.
  5. 24/7 Customer Support

    We have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.

Excellent Quality
Zero Plagiarism
Expert Writers

Instant Quote

Single spaced
approx 275 words per page
Urgency (Less urgent, less costly):
Total Cost: NaN

Get 10% Off on your 1st order!