What You Need to Know About the Employee Assistance Program
What You Need to Know About the Employee Assistance Program
Research in the field of Industrial and Organizational Psychology shows that the sustainability of organizational profitability largely depends on employee performance and productivity.
The most fundamental factors affecting employee performance and productivity include presenteeism, absenteeism, workplace stress, work engagement, and life satisfaction.
According to reports, when a single employee performs below their capacity, it can result in a financial loss of up to 400% of that employee’s annual salary for the organization (CVCheck Report, 2017). Employee Assistance Programs help organizations minimize financial losses caused by reduced employee performance.
Presenteeism
Presenteeism refers to a situation in which an employee is physically present at work but performs below their capacity due to health or personal issues. In organizations that implement Employee Assistance Programs, presenteeism has been shown to decrease by 50%.
Absenteeism
Absenteeism refers to situations in which employees frequently miss work or arrive late due to personal or physical difficulties. In organizations offering Employee Assistance Programs, absenteeism has been reduced by 58%.
Workplace Stress
Workplace stress refers to reactions arising from difficulties related to working conditions or job demands, often leading to stress, depression, or burnout. In organizations implementing Employee Assistance Programs, workplace stress has been reduced by 41%.
Work Engagement
Work engagement refers to the level of passion and motivation an employee feels toward their job, reflected in energetic and committed performance. In organizations offering Employee Assistance Programs, work engagement has increased by 28%.
Life Satisfaction
Life satisfaction refers to maintaining a healthy work-life balance, where both professional and personal life are functioning well. In organizations implementing Employee Assistance Programs, life satisfaction has increased by 57%.
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