Why does a company
need an
Employee
Assistance
Program?
Alcohol, drug abuse, stress, divorce,
mental illness, bankruptcy, grief, suicide...these are familiar
terms, but somehow, meaningless it happens to us or someone close to
us. And, yet the chances that any individual can navigate life from
birth to death without facing serious personal challenges are
virtually zero. If it were possible for employees to separate their
personal problems from their work life, or for employers to ensure
that individual productivity was unaffected by personal situations,
there would be no need for employee assistance programs. However,
the simple fact is that problems affect people, and people affect
productivity. As an example, this translates into: 70% of those who
reported using drugs are employed; 10 million employed people are
currently users of illicit
drugs.
Despite ambiguity
on what constitutes cost
effectiveness, it is clear from
various company results that employee assistance programs more than
pay for themselves. Subjectively, there is no way to place a
monetary value on a job saved, a family put back together, the
gratitude of the employee helped, or avoiding the loss of
a life. These are not part of any annual report,
but these are a very real and satisfying return from loss to an
organization. Managed properly, an EAP will prove to be a positive
influence on labor-management relationships, employee turnover,
productivity and the sense of identity between employee and
employer.
NOTE: The
above has been quoted from EAPA's Theory and
Operation pamphlet
Additional benefits of an Employee
Assistance Program:
-
Decrease in Worker's
Compensation Claims
-
Decrease in Health Insurance
Exposure and Experience
-
Decrease in Absenteeism and
Tardiness
-
Increase in Employee
Productivity
-
Increase in Supervisory
Effectiveness
-
Retention of Valued
Employees
-
Cost Containment of Insurance
Claims
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