When you are looking at employee benefits for your staff, an EAP is excellent value for money. Because it is a very low cost policy, it is easily affordable for most businesses.
An EAP is actually an Employee Assistance Programme and is available for businesses of all sizes.
You can buy a policy as a stand alone product or as part of a health insurance or cash plan policy.
You should expect to see cover for one or all of the following:
There is usually a 24/7 telephone support line available for members and their close family.
This policy is a great way for you to support your staff for minimal cost to your business. It therefore it offers you excellent value for money.
With mental health problems becoming more common in the workplace with a huge 70 million workdays being lost in the UK each year, having a good employee assistance programme (EAP) could help you as an employer to avoid experiencing staff absence due to mental health issues.
By finding out what products are available for your business and balancing this against the cost that absenteeism is currently costing your bottom line, we are confident you will see the benefit in the investment in a policy of this nature.