The Business Benefits of Offering an EAP
Happy and engaged staff do better work. Offering an employee assistance program means your talent can tackle any challenges they’re facing early, before these start negatively impacting their work.
EAPs are proven to decrease absenteeism, presenteeism, and workplace distress while increasing loyalty, engagement and life satisfaction — all factors that ultimately affect employee productivity and business profitability.
Having dedicated mental health professionals on hand means there’s less attrition, and less time, effort and expenditure spent on recruitment and retraining. In fact, researchers have found that the ROI for EAP use increases over time, with ratios reaching as high as 14:1 in some sectors.
In addition, offering an EAP means boosting your company’s employee value proposition (EVP), making it easier to both attract and retain top talent.
The nature of today’s workplaces is changing rapidly, Queensland employees are looking for companies that have values aligned with their own. LinkedIn data shows that company culture and work-life balance are in the top three employee priorities post-Covid, and both can be bolstered through the use of EAP services.
Supporting employees by providing professional mental health services makes good business sense. To find out more about our flexible employee assistance programs in Queensland, call us today.