Firestone Tire and Rubber estimated EAP savings of $1.7 million or $2,350 per person involved.
United Airlines reported a return of $16.35 for every dollar invested in EAP costs.
Scoville Manufacturing estimates an annual cost savings of $186,550 credited to their EAP.
McDonnell-Douglas credits their EAP for:
44% reduction in missed work days
81% reduction in attrition rates
$7,300 less health care claims filed by those utilizing EAP
General Motors estimates cost decreases in:
40% reduction of lost time
60% reduction of sickness & accident benefits used
50% reduction in grievances
50% reduction of on-the-job accidents
Employer Benefits
For every dollar invested in an EAP, employers will save up to $17.00 as reported by the US Department of Labor, EAP, Inc.
Statistics show EAP to catalyze reduction of 30% in lost time, 60% in
accident and sick pay, 50% in grievance and 70% in accidents. (EAPA
Facts, 2000)
Companies have reported a savings of $116.00 per employee in healthcare
related costs as a result of EAP utilization. (EAPA Facts, 2000)
65-80% of all terminations are due to personal and interpersonal
factors, an EAP can help resolve these issues before termination is
necessary. (Employee Assistance Report, 2001)
True North quarterly utilization reports help you to assess the value of our services.
Your employees are your investment. Their productivity is essential to your bottom line.