A team of happy employees and a strong company culture can have a huge impact on the success and productivity for businesses of all sizes. Business owners can only hope to have happy and healthy employees, however outside stressors frequently get in the way of optimum productivity in the workplace. Being preoccupied with outside worries can make it challenging for individuals to focus while at work. Business owners can combat the effects of stressed out employees by incorporating an Employee Assistance Program into their benefit offering.
What is an Employee Assistance Program?
An Employee Assistance Program, or EAP, is a valuable voluntary employee benefit. EAPs help employees and their families cope with a wide variety of stressors on and off the job. An EAP offers employees access to a wide range of free resources. EAP services often including counseling with professionals, referrals, assessments, and follow-up services for any issues that cause grief. EAP services are confidential, which gives employees an outlet for their concerns without the fear of repercussions.
EAP’s offer many valuable services to employees, including:
- Legal consultation
- Financial consultation
- Marriage/Relationship enrichment resources
- Work-life and self-help information
- Pre-natal support
- Adoption information and support
- And more!
Same Great Program, Bigger Impact
The positive effects of EAP’s are clear. As our country and businesses transition back to “normal,” business owners across the country are making the strategic decision to take advantage of the many benefits of EAP’s… And you should too!
Create a more productive workplace.
One of the biggest benefits of offering a PEO is your employees have an outlet for the things that are bothering them outside of work. A 2016 study conducted by Chestnut Global analyzed results from 20 different EAP providers and 8,100 individuals and showed a 7% increase in engagement and a 13% decrease in work distress among those businesses that take advantage of EAP services.
Retain your valued employees.
Nothing shows an employee that their employer cares about them more than making their health and wellbeing a priority. Offering EAP benefits does just that, demonstrates that business owners care about more than the work their employees do – and that the business has the resources to assist with their biggest concerns. This added benefit and comfort can drastically affects a businesses retention strategy. If employees feel they are valued and taken care of, they are more likely to stay with the business long-term. This is an added benefit for both the employee and employer, as they are able to retain their valued team members.
Save money on healthcare expenses.
Business’s that avoid addressing mental health in the workplace could be making a costly mistake. The mental wellbeing of your valued employees could be more important than you think. Mental health concerns could be costing businesses thousands – or more – each year. According to Forbes; “Mental health and substance abuse cost US businesses between $80 and $100 billion annually.”
Businesses of all sizes can enjoy the added benefits of offering an EAP to their employees. At Focus OneSource, we believe high-quality wellness benefits should be available to businesses big and small. Many small and mid-size businesses feel they are unable to provide valuable EAP services to their team due to steep start-up costs.
This is where Focus OneWellness comes into play. Our one-of-a-kind model allows us to provide the best wellness program and EAP services to businesses of any size – at a fraction of the cost.
You and your employees can reap the many benefits of an Employee Assistance Program with Focus OneWellness.