 When your employees are dealing with personal problems that affect their health and work performance, it’s critical to invest in a reliable employee assistance program. These programs are a vital part of your workplace wellness strategy, helping you attract and retain the best talent, boost employee engagement, and improve overall productivity. Whether you’re looking to add an EAP to your existing benefits package or start one from scratch, there are many things to consider when choosing an option that works for your needs and budget. First, you’ll need to decide if you want to create your own internal program or outsource it to an external service provider. Then, you’ll need to determine if you want to provide your employees with a hotline and/or an online portal to access services and resources or if you prefer to offer them on-site counseling. The decision you make will depend on how much time and money you have to invest in employee assistance programs, as well as your company’s health insurance policy and drug-free workplace policy. Some employers opt for a combination of both models: they create an internal program and then outsource or hire a third-party provider to handle the administration. This allows you to keep costs down and retain control of the program while providing your employees with a high level of support and services. A great Employee Assistance Program should offer a wide range of services, from short-term counseling to referrals to follow-up services. They also typically maintain a network of experts who can help your employees and their eligible family members with various issues, such as legal firms, childcare professionals, elder care specialists, nutritionists, fitness professionals, and more. You can also opt for a provider that offers bundled payments, where you pay a lower fee for a specific number of sessions. This helps you build a long-term relationship with the provider and keep your costs down while still getting quality service. Your employees may need assistance with a variety of personal issues, including mental health concerns, financial difficulties, and relationship problems. Some EAPs have specific areas of focus, such as alcohol or substance use disorders. With an EAP, your employees can call a confidential line anytime and get immediate answers and support. They can even speak with a counselor from home, if they feel more comfortable. Having a program in place also reduces the risk of workplace violence and can make your workers more productive. In a study by Harris Interactive, 51% of employees said they would stay with an employer that had an EAP program in place. In addition, a study by the National Business Group on Health found that an employee assistance program reduces presenteeism and absenteeism in the workplace, which leads to fewer work-related injuries and reduced workers’ compensation claims. Regardless of your company’s size or industry, the right employee assistance program can be a significant and cost-effective addition to your company’s overall benefits package. These programs offer a variety of support services for individuals, couples and families, and can help your employees cope with challenging situations like COVID-19. To get more information related to this topic, Check this page: https://www.encyclopedia.com/social-sciences-and-law/economics-business-and-labor/businesses-and-occupations/employee-assistance-programs.
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