To mark Mental Health Awareness week the Irish News is running a series of articles on the subject. Here Managing Director of Health Assured David Price offers advice to employers on safeguarding their employees’ mental health.
Saves businesses money
Many think that it isn’t easy to measure how much you can save through intangible gains like improved morale, wellbeing and a more harmonious working environment.
But with fewer days lost to sickness, smaller staff turnover and a more engaged workforce, the ways EAP saves businesses money are clear.
Reduces staff sick leave
A less-stressed team is less likely to take frequent, unexplained absences—meaning businesses have fewer days where they generate less income.
With the instant on-the-go support offered by an EAP, as well as a way to get a fast referral to an expert, they give staff the tools to either stay in or return to peak condition.
Keeps the best talent
The worse an employee feels—be it their physical health, mental health, or general engagement with work—the more likely they are to leave and work elsewhere.
A high staff turnover is expensive. Recruitment costs can begin to soar, especially when they struggle to replace the best people. An EAP gives businesses a better chance of eliminating such dangers.
Improves staff health & wellbeing
Nobody’s perfect. Every once in a while we all need a little help through a difficult time. Whether it’s for work-related issues or personal ones, an EAP support network is the answer.
An EAP is on hand to provide staff with coping mechanisms or ways to take both action on and responsibility for their present situation.
Boosts performance & productivity
A healthier, happier workforce is a stronger and more productive workforce. With an EAP businesses can help employees get back to their best much quicker.
Businesses can show employees how much they value them, which gets businesses back to a stronger position.
And, with a full complement of staff all working towards a common goal, there’s nothing to stop a business achieving success.
Excerpt from Omagh Enterprise, read the full article here