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What Is an Employee Assistance Program (EAP)? Your In-depth 2023 Guide

Analytics in HR

Additionally, EAPs can help address presenteeism, where employees come to work but are not fully productive due to physical or mental health issues, by improving employee engagement. Recruitment, onboarding, and training new employees all come at a cost. Enhanced employee retention : Employee turnover is expensive for employers.

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Reducing Costs and Improving Lives

CONCERN: EAP

Roughly 217 million days of work are lost annually to productivity declines related to mental illness and substance abuse, at a cost of $17 billion. The cost to employers for workers with depression is estimated at $6,000 per depressed worker per year. Click here to download a PDF version of this article.

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article thumbnail

Reducing Costs and Improving Lives

CONCERN: EAP

Roughly 217 million days of work are lost annually to productivity declines related to mental illness and substance abuse, at a cost of $17 billion. The cost to employers for workers with depression is estimated at $6,000 per depressed worker per year. Click here to download a PDF version of this article.

article thumbnail

Reducing Costs and Improving Lives

CONCERN: EAP

Roughly 217 million days of work are lost annually to productivity declines related to mental illness and substance abuse, at a cost of $17 billion. The cost to employers for workers with depression is estimated at $6,000 per depressed worker per year. Click here to download a PDF version of this article.

article thumbnail

Reducing Costs and Improving Lives

CONCERN: EAP

Roughly 217 million days of work are lost annually to productivity declines related to mental illness and substance abuse, at a cost of $17 billion. The cost to employers for workers with depression is estimated at $6,000 per depressed worker per year. Click here to download a PDF version of this article.