Article: Employee assistance programs cut corporate costs

Today, most large organizations, and about one-third of companies with 100 employees or less, offer some form of employee assistance. Employers have learned that an effective employee assistance program (EAP) may actually pay for itself in better work productivity, lower employee turnover and improved labor relations. Further savings can occur due to lower costs for health insurance, disability payments and accidents.

Although some employers worry that a large number of employees will needlessly access the services of EAP, it is estimated that EAP services are used by only 3-5 percent of the work force. That 3-5 percent accounts for 80 percent of the total health benefit use, thus ...

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