Now more than ever before, offering an employee assistance program is a sincere way to show that you care. It can help your employees cope and bounce back more quickly from the various stressors they experience in daily life. Business owners also benefit from healthier, more productive employees who are “present” at work, as opposed to letting their issues build up to the point of absenteeism and potential disability leave.
Morneau Shepell said the estimated ROI ranged from 3:1 for small-size employers, 5:1 for midsize employers and 9:1 for large-size employers. “The results also found cost savings ranging from about US$2,000 to $3,500 per employee from reductions in work presenteeism (87% of total return) and absenteeism (13%),” the firm said.