Companies should consider EAPs 'a moral' as well as financial imperative -Canada Life

clock • 1 min read

Employee Assistance Programmes (EAP) result in employees being three and a half times more likely to cope with the demands of their job, with 21% rating their ability as "good" or "very good" prior to receiving counselling, compared to 75% afterwards.

Research by Canada Life also found interpersonal relationships can also be improved - 46% of people rated their relationship with their colleagues as "good" or "very good", and 50% with their managers, before utilising the service, compared to 79% and 68% respectively afterwards.

The insurer's questioning of staff using its EmployeeCare EAP found far-reaching, positive results for staff which can improve their mood and motivation. After receiving counselling, the percentage of employees who felt they were unable to deal with their problems tumbled from 78% to just 7%.

On top of this, their overall satisfaction with life increased fourfold, rising from 15% to 62%.

Paul Avis, Marketing Director at Canada Life Group Insurance, said: "While it is important to keep life at work and at home as distinct as possible, there is an inextricable link between the two. Events in either can bleed across the barrier and start to affect the other, and in the worst cases this can create a vicious circle of negativity.

"I believe companies should consider it a moral and financial imperative for them to provide their employees with the tools to break that cycle. It helps to meet their duty of care to the people that work for them, and can bolster their performance in return."

 

More on Insurer

Third of renters could only afford ten weeks off work

Third of renters could only afford ten weeks off work

Scottish Widows research

Cameron Roberts
clock 19 November 2024 • 2 min read
AXA Health appoints director of distribution and marketing

AXA Health appoints director of distribution and marketing

Richard Glassborow takes the role

Cameron Roberts
clock 18 November 2024 • 1 min read
Zurich UK adds employee neurodiversity assessments

Zurich UK adds employee neurodiversity assessments

Half of neurodivergent adults do not disclose due to stigma, research finds

Jen Frost
clock 14 November 2024 • 3 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read