Employment Assistance Programs (EAP) are established in many large organizations and usually connected with human resources.
EAPs provide childcare to exercise to preventive care services to financial and grief counseling.
In many instances, these interventions provide little to no dramatic impact to the bottom line as demonstrated through some reports and studies.
For example, The New England Journal of Medicine in a 2008 article found "slightly fewer than 20 percent of [preventive] services that were examined save money, while the rest add to costs.
" Other studies from the American Heart Association and American Cancer Society suggested preventive services such as blood pressure monitoring to measuring cholesterol of high risk heart disease people provided a only 10% savings.
A However, times are changing and now there is a way to demonstrate a significant return on investment by focusing on one cost that continues - rising health care.
Increasing insurance premiums are a major concern for all businesses especially those with many employees.
These costs continue to out pace inflation and appear to have no end in sight.
By using research, businesses can take control and no longer be at the mercy of this financial liability.
Did you know that 70%, over two-thirds, of all health care costs are be directly tied to behaviors.
Yep, just by changing behaviors, organizations can counter these rising health care insurance premiums, reduce and maintain current expenditures.
Additionally, almost three quarters (74%) of all illnesses are associated with these 4 diseases:
Imagine just by changing behaviors the costs associated with treating these 4 diseases can be reduced without any other type of intervention.
To accomplish both of these goals suggest implementing a developmental approach where each employee has the opportunity to create her or his own personal life action plan and learns how to consistently achieve personal goals.
Additionally, the curriculum would focus on specific organizational issues to achieve the goals noted previously.
By scheduling shorter sessions, one hour in length because the brain can only absorb what the but will endure, and providing opportunities for practice reinforced with positive feedback can provide additional benefit and therefore a quicker return on investment.
Executive Coaching Tip: Cramming learning into a one day or two day session results in less than a 5% cognitive (long-term) retention after two weeks.
This is the best way not to have a positive return on your education and development dollars.
was put in place such as executive coaching, the changes in behavior would justify the financial investment.
Now is the time to take action where your EAP can have multiple positive benefits on the overall health of your organization.
And who doesn't want a thriving organization?
EAPs provide childcare to exercise to preventive care services to financial and grief counseling.
In many instances, these interventions provide little to no dramatic impact to the bottom line as demonstrated through some reports and studies.
For example, The New England Journal of Medicine in a 2008 article found "slightly fewer than 20 percent of [preventive] services that were examined save money, while the rest add to costs.
" Other studies from the American Heart Association and American Cancer Society suggested preventive services such as blood pressure monitoring to measuring cholesterol of high risk heart disease people provided a only 10% savings.
A However, times are changing and now there is a way to demonstrate a significant return on investment by focusing on one cost that continues - rising health care.
Increasing insurance premiums are a major concern for all businesses especially those with many employees.
These costs continue to out pace inflation and appear to have no end in sight.
By using research, businesses can take control and no longer be at the mercy of this financial liability.
Did you know that 70%, over two-thirds, of all health care costs are be directly tied to behaviors.
Yep, just by changing behaviors, organizations can counter these rising health care insurance premiums, reduce and maintain current expenditures.
Additionally, almost three quarters (74%) of all illnesses are associated with these 4 diseases:
- Cardiovascular
- Cancer
- Diabetes
- Obesity
Imagine just by changing behaviors the costs associated with treating these 4 diseases can be reduced without any other type of intervention.
To accomplish both of these goals suggest implementing a developmental approach where each employee has the opportunity to create her or his own personal life action plan and learns how to consistently achieve personal goals.
Additionally, the curriculum would focus on specific organizational issues to achieve the goals noted previously.
By scheduling shorter sessions, one hour in length because the brain can only absorb what the but will endure, and providing opportunities for practice reinforced with positive feedback can provide additional benefit and therefore a quicker return on investment.
Executive Coaching Tip: Cramming learning into a one day or two day session results in less than a 5% cognitive (long-term) retention after two weeks.
This is the best way not to have a positive return on your education and development dollars.
was put in place such as executive coaching, the changes in behavior would justify the financial investment.
Now is the time to take action where your EAP can have multiple positive benefits on the overall health of your organization.
And who doesn't want a thriving organization?
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