So how must your employees deal with this stress, and is there anything you can do to help them along? Fortunately, there is. With an employee assistance program, you can help guide your employees through these tough times and reap all the benefits of having happy, motivated employees.
What is an employee assistance program?
Employee assistance programs, or EAPs, are programs that are designed to help guide employees through some of the challenges that life has in store. Participation in these programs should be voluntary and sensitive information should be kept completely confidential. They can include services like overall wellbeing assessments, counseling, and outside referrals to professionals in the case of particularly difficult issues.
This support can be provided in a few ways, including face-to-face counseling sessions, around the clock call centers, and online support. The point of the program is to help individual employees with their individual problems, so it's important to make sure each employee has access to the kind of support that they need to work through their personal issues.
There are many reasons why employees could benefit from an employee assistance program. Things such as:
- Financial instability
- Substance and alcohol abuse
- Relationship issues
- Legal issues
- Medical problems
- Mental health issues
- And the death of a loved one
are all issues that many employees struggle with on a regular basis. It's truly unfortunate that your employees have to deal with issues such as this at all, but at least you can ease the burden with employee assistance programs. An employee assistance program isn't just a perk for your employees either, it can also perk up your business.
Employee Assistance Programs Are Great For Business
Although it may not take the form of a traditional benefit, an employee assistance program is a huge perk for your employees. Even those who don't feel the need to take advantage of it currently will appreciate having this resource in place as a safety net. As we've mentioned many times before, benefits are more important than ever when it comes to retaining employees and attracting new talent and employee assistance programs are a great way to set your benefits package apart from the crowd.
The U.S. Department of Labor considers EAPs as a vital tool for employers and has extensively studied their benefits which include:
- Lower accident rates in the workplace
- Increased employee retention
- Decreased employee absenteeism
- Reduced medical costs
among others. Employee assistance programs are typically entirely subsidized by you as the employer but when it provides this many benefits the rewards surely outweigh the cost.
A hefty salary alone is no longer enough of an incentive to attract new talent and create loyal employees and that is why you must offer a unique benefits package. Please contact us at Summerlin-Roberts to learn more about our services which include employee benefits programs as well as communication and support.