Mediation Cost Calculation

An Excel file that teaches how to perform Mediation Cost Calculation operation.

Excel-Based Mediation Cost Calculation

It is explained that mediation costs are determined according to a segmented structure. It is stated that the rates changing depending on the size of the agreement amount directly affect the pricing. It is stated that the presence of a single mediator or more than one mediator changes the tariff. It is stated that in the fee calculation, each slice is evaluated separately and the total cost is determined by the combination of these slices. It is emphasized that the cost is shared equally between the parties, therefore the calculation is important for both the employer and the employee. It is also stated that this method is frequently preferred because it provides clarity in financial planning, litigation strategy and possible settlement options.

Hope it is useful.