·Increased concentration and
productivity
Companies that utilize EAP services report 21% lower
absenteeism and 14% greater productivity than other
companies.
- Substance Abuse and Mental Health Services
Administration
·Early, effective intervention reduces costs
for mental health and substance abuse issues
Collectively claims for depression, stress and anxiety
cost U.S. employers an estimated $344 billion each year
due to lost productivity, disability claims and medical
fees.
- Metlife (2nd largest US disability
carrier)
·A safer work environment – reductions in distraction
reduce on the job injuries.
·Enhanced workplace morale.
·Employee retention – providing an EAP benefit
helps your organization retain talented, experienced
staff.
The estimated costs to replace an employee range from
30% of an employee's annual salary for entry level and
unskilled workers to five times the annual salary for
executives.
- The High Cost of Low Morale – Carol
A. Hacker
“There's never been a single piece of research that
showed an EAP was a cost to an employer. At worst the
return on investment is 1:1 but most employers see a
higher return in terms of improved absence levels and
productivity"
Eugene Farrell (March, 2009), Quoted in Corporate Advisor
Magazine
The U.S. Department of Labor reports that for every
dollar invested in an Employee Assistance Program (EAP),
employers generally save anywhere from $5 to $16
