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19 Jun Employee Benefits: Supporting Mental Health and Well-Being in the Workplace
Although your employees may not address issues that go on throughout the workplace, Employee Assistance Programs (EAPs) are a way for your employees to seek professional help while remaining productive. Discover EAPs and how they can be added into your group employee benefits packages along with other benefits.
What is an EAP?
An Employee Assistance Program (EAP) is confidential services dedicated to employees who need help managing personal difficulties or life challenges. A multitude of services are given but not limited to:
- Marital or family problems
- Mental health disorders
- Substance abuse
- Financial stress
- Legal problems
- Bereavement
- Caregiver stress
How We Can Help
hepard Walton Employee Benefits can help employers access Employee Assistance Programs (EAPs):
- We offer access to a wide range of EAP providers, mentioned below!
- SWEB ensures employers receive competitive rates and high-quality services.
- We offer continuous support to help employers integrate EAPs into their benefits package, promote utilization among employees, and evaluate the effectiveness of the programs over time.
- We provide personalized advice to employers on the most suitable EAP options based on their unique needs and workforce demographics.
What are the Benefits of an EAP?
EAPs are created to help improve the health and wellness of employees. As a result, employees will produce better productivity and more employee engagement due to services that better improve their morale. With EAPs you can see a reduction in:
- Health care costs
- Employee turnover
- Workplace violence and safety incidents
- Unplanned leave of absence
What Policies are Included in EAPs?
EAPs are increasing in demand for group health plans. Depending on the provider, employers can attain services such as the following:
- Individual assessments
- Educational programs
- Counseling services
- Financial services
- Legal services
- Critical incident response
- Elder care assistance
- Family planning and child care
EAP Options
Employers have several options to offer EAPs to employees using programs or policies that are best suited for their needs. Moreover, employers can have the option to choose a certain EAP or more depending on the employer and the policy they choose. Choose from a options such as:
- In-House EAP is managed directly by the company, with dedicated staff providing support and counseling services to employees. This allows for a more personalized approach but can be more costly and resource-intensive for the organization.
- Outsourced EAP is provided by an external vendor that specializes in employee assistance services. This option often offers a wider range of services and expertise, and is generally more cost-effective for the employer.
- A Blended EAP combines both in-house and outsourced services, allowing the company to retain some control while also leveraging external expertise. This hybrid model can offer the best of both worlds, balancing personalized service with broader support options.
- Peer-Based EAP involves trained employees providing support and assistance to their colleagues. This approach can foster a strong support network within the organization, though it may lack the professional expertise of traditional EAPs.
Need Assistance on EAPs? Employee Benefits Can Help!
Contact us today. Hiring an independent brokerage firm like Shepard Walton Employee Benefits ensures business owners receive expert guidance, a comprehensive selection of EAP options, plus ongoing support.
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