Brokers

Employee Assistance Program (EAP) Benefits

An Employee Assistance Program (EAP) is a proven, cost-effective solution to many challenges employers face today. Research shows that every dollar invested in an EAP saves employers $5–$16.

At any given time, 20% of your workforce struggles with personal issues that directly impact job performance. Data from the National Institute of Mental Health highlights the urgency:

Personal challenges drive 30% of all absenteeism.
66% of all terminations are linked to employee personal problems.
Troubled employees are, on average, 25% less productive than their peers.

By prioritizing mental health and well-being, you can reduce turnover, lower costs, and foster a more resilient, productive team

Quick Facts

50% of Oklahomans have experienced symptoms of anxiety or depression since 2020.
Google searches related to mental health in Oklahoma have increased nearly 50% since the beginning of the pandemic.
The average person waits five years from the onset of the mental health issue before seeking help.

Source: Healthy Minds Policy Initiative

The Impact of EAPs

EAPs can reduce:

Sick leave usage by 33%
Work related accidents by 65%
Workers’ compensation claims by 30%
Lost time by 40%
Grievances by 50%, and
Time spent on supervisor reprimands by 74%

EAP Benefits

Increase effectiveness and productivity
Boost morale
Decrease healthcare and disability costs
Reduce absenteeism and accidents
Promote workforce Cooperation
Help employees balance work and personal life
Attract and retain talent
Compliance with State & federal regulations
Free for employees and dependents
Confidential & convenient
Objective resource for information
Employee advocate
Problem identification & resolution

Offering EAP services not only shows you care about employee well-being—it also improves workplace productivity. A Cornell University study involving the “100 Best” companies found that generous EAP benefits were linked with:

Happier employees
Hard-working employees
Customers receive better quality products and enhanced services
Improved bottom line

* More than half of Fortune 500 companies offer EAPs.