Compensation Payout Guide

With the help of our compensation payout guide , you can determine the maximum amount of compensation that you can get and our lawyers will help you receive it.

Compensation claims can get tricky, which is why you would require a compensation payout guide. A compensation payout guide explains people on how to calculate the compensation payout. It also enables them to attain the maximum compensation they deserve. Compensation payout figures represent the amount of money a person can receive by filing a compensation claim. There are many different types of compensation claims, and they are usually filed when one person suffers an injury or illness because of another person’s actions.

What is the average payout for compensation?

The average payout depends on the type of compensation claim. If you get injured at your workplace then according to the Australian worker’s compensation statistics report of 2018-2019, the payout is different based on industries. Accommodation and Food services industry has the lowest average payout whereas Mining industry gives the highest average payout. Here are some average payout figures

  • Average compensation payouts: Usually in the range of $6,000 AUD to $28,000 AUD.
  • Medical negligence: The average payout in such cases is $650,000 AUD .
  • Car Accidents: The average payout is around $150,000 AUD.

Though these amounts seem reasonable, not everyone can get this compensation payout. Initially, the employer or the insurance company tries to settle their claims by giving them smaller payouts. Even beginning to negotiate would enable the insurance companies to increase their payouts by a considerable margin.

How are compensation claims determined?

Compensation payout figures are calculated by considering various factors:

Factor 1: The severity of your injuries, the more serious the injuries, the greater the amount you can claim. The next factor is medical expenses. All your hospital bills, pharmacy bills, etc. would be covered under the claim. Consult a doctor and get a clear idea about the injuries’ seriousness. Even if it sounds expensive, you can add these medical expenses in your compensation claim.

Factor 2: Loss of income because of the injury. If the injury requires bed rest, you will not work in that period. The loss of income for this period is also considered while calculating your compensation payout figures. If your injury affects your earning potential, you can include this loss in your claim. For example, if you earned $2,000 a week before your injury but only $1,000 after the injury. Then you are entitled to receive an amount of $1,000 multiplied by the number of weeks left until you retire. also gets added to the claim amount.

There are also other expenses that you can claim, such as travel expenses, repair costs, loss of company benefits, etc.

How do I get the most out of my compensation payout?

As stated earlier, an employer or the insurance company will always try to get away by paying the least possible compensation. In this case, you would have to know how to file a strong claim to get the maximum compensation that you deserve. Even with a compensation payout guide, most people find it challenging to go through the legal procedures and hence end up hiring a worker’s compensation lawyer, TPD lawyer, or a personal injury lawyer. It is fine if you hire a good lawyer, but most lawyers charge you an advance even before filing a claim, and you would have to wait for two years to get your compensation claim settled. If this period seems too long then, Schreuders can help you.

Schreuders is an Australian law firm where you can hire the best compensation lawyers. With our compensation payout guide’s help, you can determine the maximum amount of compensation that you can get and our lawyers will help you receive it. Our lawyers take only 3 to 6 months to settle a compensation claim which is much better than the industry average of 2 years. Furthermore, we have a strict no win, no fee lawyer’s policy. If our lawyers can’t help you get justice, we don’t charge you a dollar. We offer free initial consultations where our team of lawyers would look into your case to see if a strong claim can be filed. We also have a diverse team that can provide you with personalised legal services. Apart from workers compensation lawyers, we also have medical negligence lawyers, car accident lawyers, etc. We operate in all major cities of Australia such as Sydney, Melbourne, Brisbane, Canberra, Perth, Adelaide, etc.

Who can help me with the compensation payout figures?

If you are willing to calculate compensation claims on your own, you can find online calculators giving you a rough idea about how much you can claim. It is an essential step because you wouldn’t want to settle for a lower compensation payout. However, if your claim is too high and unreasonable, insurance companies might get your claim rejected. Hence you would require the help of a professional who can come up with appropriate compensation payout figures and help you file a strong claim. There are many lawyers for this purpose. If the injury happens in a workplace, you can hire a worker’s compensation lawyer or a personal injury lawyer. If you were in an accident, you could hire a car accident lawyer, or if your illness results from your doctor’s negligent actions, you can hire a medical negligence lawyer. Unfortunately, if the injury leads to some form of disability, it is best if you hire a TPD lawyer.


How long do compensation claims take to settle?

The industry standard for settling a compensation claim is two years. You can hire any lawyer and wait for that long to get your claim, or you have a better option. Schreuders is an Australian law firm, whose compensation lawyers can settle any claim within 3 to 6 months. It is achieved thanks to the disbursement funding technique used at Schreuders. Using this unique technique, we can get instant access to documents that will help us to file and settle the claim much faster than our competitors.



Lockdowns and restrictions may have eased, but time limits for claims have not. Call us now so you don’t miss out on your payment!