The primary reason that 70% of all U.S. companies and 90% of Fortune 500 companies purchase EAP services is to improve their bottom line. For every dollar spent on an EAP program, between $3-10 are returned in other savings. Such savings have been consistently demonstrated with comprehensive EAP programs through independent research studies, the U.S. Department of Labor, and the Conference Board.
The costs savings are generated from:
- Reduced absenteeism and tardiness.
- Fewer accidents on the job.
- Less management time taken up by employee problems.
- Improved morale and productivity.
- Decreased turnover.
- Fewer short-term disability claims.
- Fewer lawsuits.
- Fewer employee conflicts.
- Reduced medical costs.
A study recently released by Chestnut Global Partners Division of Commercial Science showed significant improvements across several measures of workplace productivity among employees accessing employee assistance programs (EAPs). Continuum EAP was a part of an initial group of EAP’s national wide that asked their clients to complete the Workplace Outcomes Suite in cooperation with Chestnut Global Partners. Please take a moment to review our results.
