Why Offer an EAP?
Today’s small investment improves your bottom
line due to:
- Lower medical claims.
- Reduced absenteeism, tardiness and sick
leave.
- Decreased utilization of mental health
insurance.
- Reduced turnover.
- Increased employee productivity.
- Reduced risk of litigation.
- Increased supervisor effectiveness.
- Decreased workplace violence.
- Improved employee morale.
- High quality services at low cost.
Return on investment
– A study of McDonnell Douglas Corporation noted
a 4:1 return on investment.
Lower medical claims
–
A study of McDonnell Douglas Corporation
revealed that employee medical claims per case
averaged $715 less for EAP clients than for
non-clients.
Decreased use of
mental health insurance –
A Campbell
Soup study identified mental health costs as a
percentage of total medical costs and revealed a
reduction from 11.5% to 6.7%.
Reduced turnover
-
A study by the National Institutes of Mental
Health reports that 66% of all terminations are
personal-problem related rather than job
related. Furthermore, a good employee may choose
to leave a job to deal with overwhelming
personal issues.
Reduced absenteeism,
tardiness and sick leave –
The 2002 CCH Unscheduled Absence Survey identified the
average per-employee absenteeism cost as $789
per year. Absenteeism costs hit an all-time
high in 2002, despite a slight decline in the
absenteeism rate. Two-thirds of absenteeism
incidents were due to reasons other than
illness. Employers pay a high price, adding
lost productivity costs to wage dollars.
Early intervention through an EAP promotes
quick resolution of personal problems, allowing
employees to focus on work rather than family
problems and mental health issues.
Increase employee
productivity –
A Chevron study
reported a 50% improvement in employee
performance after supervisors referred them to
an EAP.
Reduce risk of
litigation –
Each year, approximately
80,000 civil cases are filed with the Equal
Employment Opportunity Commission. Excluding
legal costs and punitive damages, award costs
average $100,000 per case. Fortunately, early
workplace intervention can prevent lawsuits.
Decreased workplace
violence –
Workplace murders claim
the lives of 1,000 people each year. Another 2
million people per year are victims of a violent
event or threat in the workplace. EAP has
three tools to reduce the risk of workplace
violence: confidential and accessible
consultation for employees who feel stressed,
anger management training, and assistance for
supervisors who are addressing potentially
violent situations.
Improved employee
morale –
Employees appreciate easy
access to this free, confidential service, and
they value the commitment their employer makes
to their personal well-being.
High quality
services at a low cost –
All of these EAP benefits are available to your organization
at a fraction of the cost of most medical
insurance benefits.
Source:
www.deaconess.com