Michigan HB5541 modifies worker's compensation benefits by changing how average weekly wage is calculated.

Michigan HB5541 amends the calculation of average weekly wage for worker's compensation benefits. It specifies that the average weekly wage can be computed by dividing the aggregate earnings during the year before the injury by the number of days worked, multiplied by the number of customary working days. The bill also modifies the calculation for employers with 50 or fewer employees, using regular pay for overtime hours. The changes apply to worker's compensation insurance contracts entered into or renewed after the bill's effective date and will expire on December 31, 2028.

Michigan HB5541 modifies worker's compensation benefits by changing how average weekly wage is calculated.

Michigan HB5541 amends the calculation of average weekly wage for worker's compensation benefits. It specifies that the average weekly wage can be computed by dividing the aggregate earnings during the year before the injury by the number of days worked, multiplied by the number of customary working days. The bill also modifies the calculation for employers with 50 or fewer employees, using regular pay for overtime hours. The changes apply to worker's compensation insurance contracts entered into or renewed after the bill's effective date and will expire on December 31, 2028.