Traditionally, EAPs have focused on immediate solutions, yet there’s a growing understanding that they must also offer ongoing care to effectively address the complex needs of employees.
Bell has done a study that has found that for every dollar invested on Mental Wellness in the workplace, Canadian Companies can expect a $4.10 ROI on average and an approximate 20% decrease in short term disability claims.
Did you know that you can easily add an EAP to your existing benefit plan?
Adding an EAP can effectively:
- Increase retention
- Limit the number of short term disability claims
- Provide confidential support
- Increase productivity; and
- Improve your employees’ mental wellness
Employee Assistance Programs (EAPs) play a crucial role in fostering happier, more resilient, and productive employees while reducing absenteeism.
Consider choosing an EAP that focuses on sustained mental wellness.
Solely focusing on short-term solutions may overlook employees’ broader, long-term requirements. Chronic stress, burnout, and mental health issues often necessitate continuous care. Neglecting ongoing support can lead to recurring problems. It is important to think about how the infrastructure of an EAP is set up to support your employees on an ongoing basis.
Modern EAPs reflect employees’ needs better than ever.
Modern EAPs are expanding to include the infrastructure that supports ongoing care, childcare and eldercare guidance, as well as financial and legal advice. By taking a proactive approach to common household issues and more, these supports are meant to alleviate the stress taken on by your employees and increase overall wellness.
Prevention and proactivity in the form of additional support.
Prevention, education, and sustained support in the form of connectivity apps, regular check-ins, and educational initiatives creates a supportive environment that addresses immediate concerns while promoting lasting well-being.
Investing in the right EAP boosts employee loyalty and retention, leading to less short-term disability claims and a positive return in investment. Not to mention, it can have a positive impact on your employee’s mental health.
Employees may hesitate to provide feedback on their EAP, consulting with an expert can provide crucial insight. Wondering if your current EAP meets these criteria or need guidance on choosing the right one?
Learn more about the ROI from this Deloitte article: https://lnkd.in/ewpesUV
