Prospective Clients - Reduced Cost Calculator
How An Employee Assistance Program (EAP) Reduces the Cost of Troubled Employees
To determine the amount of potential savings from an EAP, simply fill in the Number of Employees field
| 1. Cost without an EAP | Results |
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| Number of employees in your company | |||||||||||
| Number of troubled employees (assumes 10% of employees are distressed) | 0.1 | ||||||||||
| Average annual wage of employees (including benefits) | |||||||||||
| Annual wages to troubled employees | |||||||||||
| Cost of reduced productivity without an EAP (assume 20% productivity loss) | 0.2 | ||||||||||
| 2. Cost with EAP | |||||||||||
| Number of troubled employees who contact EAP (using a utilization estimate of 6.0%)* |
0.06 | ||||||||||
| Number of troubled employees who contact EAP and reach goal (assumes 65%) |
0.65 | ||||||||||
| Savings in reduction of lost productivity by returning distressed staff to full productivity (assumes 20% productivity loss)(1) | 0.2 | ||||||||||
| Annual EAP cost (3 session assessment and referral model)** | |||||||||||
| Cost of reduced productivity with an EAP(2) | |||||||||||
| 3. Savings with an EAP | |||||||||||
| 4. Include savings with a Drug Free Work Place | |||||||||||
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| * This is a modest estimate of EAP utilization. Our program's utilization typically exceeds this estimate. | |||||||||||
| ** Assumes a cost of $20.00 per employee, per year. Your actual cost may vary. | |||||||||||
| (1) Formula: Number of employees who contact the EAP and reach their goal, multiplied by the annual average wage, multiplied by 0.2. | |||||||||||
| (2) Formula: Costs of reduced productivity without the EAP, plus the cost of the EAP, minus savings derived from the EAP. | |||||||||||