With an EFAP, people & organizations win.
How much is it costing you?
Mental health-related problems cost Canadian
companies $50 billion a year, says Deloitte. And
with stress and insecurity on the rise, the costs —
financial, human and societal — are rising, too.
Higher health and drug costs. Lower productivity. More absenteeism and turnover.
Those costs are felt across the board, from
termination and retraining to company morale.
Employee and Family Assistance Programs improve it all. Measurably.
Loyalty and productivity increase, short and long term disability claims decrease, and with a proven positive ROI, the bottom line is strong on all counts including a priceless reputation as a caring employer.
If you don’t have an EFAP, or are thinking about scaling back or even cancelling yours, take a minute to weigh the costs and benefits.
The toll
One in five Canadians will have a mental illness disability leave
How does that impact organizations?
30% of disability claims and 70% of all disability
costs are from mental illness
Mental illness disability leave costs about double that of physical illness
Employees with significant work/life conflict are three times more likely to be absent from work. And it’s never just one employee’s problem: a struggling staffer can disrupt an entire team’s performance and morale.
- BENEFITS FOR EMPLOYERS
- Return On EFAP costs up to four times investment
- Reduction of 20% total payroll costs
- Reduced disability management claims, workplace accidents and replacement staff
- Decreased health care costs
- Higher productivity, lower absenteeism
- Improved morale
- Improved recruitment/retainment of staff
- The competitive advantage of healthy people
- BENEFITS FOR EMPLOYEES
- Effective treatment and prevention via professional, empathetic counselling
- More secure employment
- Meeting personal and professional challenges
- Healthier families and communities
- Reduction in substance abuse
- Better understanding of self and others
- Personal growth
- Greater overall wellness and health
A 2011 Occupational Health poll revealed that 50% of respondents attending counselling through their EFAP felt that without the sessions, they’d have missed work. And after meeting with a counsellor, they felt 50% more able to cope with job demands.
A win-win at every level.
Whether it’s one-on-one appointments or organized group workshops, the
advantages of offering counselling services through EFAPs are felt at every
level of an organization.
We’ve seen people turn away from drugs and alcohol as coping mechanisms. We’ve seen companies report happier, more productive workplaces. And we’ve seen both the accountants and the HR crew overwhelmed with the results.
We can help you be there for your people, and reap the life-changing, company-improving benefits. Reach out now and let’s talk about your people and your needs.