Increased use of EAPs in 2021 sparks higher ROI

Average ROI of £8.00 for every £1 spent

Hemma Visavadia
clock • 1 min read

Approximately 347,000 more employees turned to support from an Employee Assistance Programme (EAP) between October 2020 and October 2021 than in previous years.

According to the Employee Assistance Professionals Association (EAPA), because of higher usage, employers are now seeing a higher Return on Investment (ROI) from their EAP. The new data is based on evidence from information provided by 3,200 HR professionals using the EAPA UK ROI calculator. The calculator asks employers to input data or informed estimates of the number of employees, annual cost of the EAP per person and absence data. As a result, it showed that for every £1.00 spent on an EAP in the UK, employers saw an average ROI of £8.00, this compares with a previous average o...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

Partner Insight: The Importance of Inclusive Health Benefits at Pivotal Moments

Partner Insight: The Importance of Inclusive Health Benefits at Pivotal Moments

A Conversation with Wendy Sherry, CEO, Global Health Benefits within International Health, Cigna Healthcare and Tammy Sun, Founder and CEO of Carrot Fertility.

Wendy Sherry, International Health and Tammy Sun, Carrot Fertility
clock 10 December 2024 • 7 min read
Lime Health to consult on NHS plan

Lime Health to consult on NHS plan

Collaboration with ministers

Cameron Roberts
clock 02 December 2024 • 2 min read
Standard Life sells employee benefits business

Standard Life sells employee benefits business

More than 140,000 employees join Benefex

Jaskeet Briah
clock 28 November 2024 • 1 min read