Unrecognized productivity losses cost employers over $3,000 per employee per year.
A landmark study conducted by Yankelovich Research concluded that American workers are losing an average of 3 weeks of productive work per employee per year. Assuming an average salary of $50,000, that’s a loss of almost $300,000 for every 100 workers.
ESI conducted a follow-up study with employees who use the EAP to determine the impact of EAP services on employee lost time. We measured how much time employees were losing before engaging with our EAP. And we identified how much our services impacted that lost time.
Research results confirmed the productivity findings. More important we were able to determine that ESI EAP was able to reduce lost time by 23%, a savings of $500 per employee per year — many times the cost of the EAP program.