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Article: Employee assistance programs cut corporate costs
- Article from:
- THE JOURNAL RECORD
- Article date:
- February 17, 1999
- Author:
CopyrightCopyright 1999 The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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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 ...