How can Employee Assistance Programs help your business?
Our industry-leading employee assistance packages are proven to keep your employees happier, healthier and more productive. Here are some examples of ways M&S EAP can make that happen:
At M&S EAP, we’re committed to going the extra mile to deliver personalized, responsive customer service. Our goal is to help identify and resolve any issues that may be interfering with the success, performance and overall morale of your employees. We deliver a comprehensive service that covers employees as well as any individuals residing in their homes.
Our employee assistance services fully integrate with your human resources functions to better help you successfully address and solve workplace issues. In addition, we can assist employers in addressing personnel issues that may be interfering with an employee’s ability to perform to their fullest potential. One of our trained, dedicated Client Solutions Specialists connects members with professional counselors or other resources as needed.
Improve employee productivity
Coping with major life stressors like divorce, illness, moving, death or financial problems can be all-consuming. Even the most engaged employees can’t help but bring their worries to work when wrestling with these kinds of challenges. Research from global consulting firm WTW found that 57% of stressed-out employees reported feeling less productive and engaged while at work.
Reduce employee absenteeism and sick leave
Unexcused absences cost companies billions of dollars each year through a combination of lost productivity, wages, diminished quality of goods or services and extra management time. Whether employees are dealing with sickness, family issues, substance abuse or other serious issues, support from an EAP can place a large portion of those profits back into your pocket on a yearly basis.
Increase employee retention
Even a single employee turnover can cost the employer between 50% and 150% of that employee’s yearly salary. Fortunately, Substance Abuse and Mental Health Services reported that EAPs contributed to a 35% reduced employee turnover from company to company. Greater employee retention means more money stays where it should.
Lower the risk of workplace violence
Employee assistance programs help employees address professional and personal problems alike. EAPs help de-escalate high-risk situations, addressing issues before they manifest in negative ways.
Encourage employee wellness
More than 80% of businesses who contract with employee assistance programs identify a positive correlation between EAP benefits and overall employee wellness.
Decrease worker’s compensation claims
Whether it’s a financial, family, mental or behavioral issue, employee assistance programs help decrease workers’ compensation claims by increasing proactive care.
Counseling services
Working with a counselor has many benefits for employees, including improved mood and mental health, better communication in personal and professional relationships, higher self-esteem and resilience.
Covered employees and household members have access to face-to-face, virtual or telephone counseling sessions with a licensed clinician on a variety of topics and issues.
Sample counseling topics include:
- General mental health
- Stress and anxiety
- Depression
- Grief and bereavement
- Family/marital
- Children’s issues
- Behavioral issues
- Elder care issues
- Financial wellness
- Substance use and addiction
- Domestic violence
- Work-related
- Retirement concerns
- Outplacement services
- Health-related
Counseling sessions are renewable and can be accessed individually or combined to address family-related issues.
Work/life services
24/7 live chat with a human
Our online live chat feature is accessible to covered individuals 24 hours a day, 7 days a week, 365 days a year. A real person – not a computer, robot, or artificial intelligence – is always just a click away to provide personalized guidance and assistance with work/life issues.
Elder care counseling
According to the Family Caregiver Alliance, more than 1 in 6 Americans are currently juggling a full- or part-time job alongside caring for an elderly or disabled family member, relative or friend. At M&S EAP, we understand that elder care responsibilities can greatly impact the lives of employees and their families. M&S EAP provides access to telephone-based counseling sessions with elder care experts, in which covered employees can seek guidance with navigating home health care, long-term care, rehabilitation, hospice, estate planning, Medicare and insurance and more.
Financial wellness services
According to a 2022 survey by financial wellness company BrightPlan, 72% of employees report feeling stressed about their finances. Unfortunately, this stress affects workers’ mental and physical health – and, in turn, their productivity at work.
To help foster financial wellness and mitigate financial stress, M&S EAP offers the following financial wellness services to covered employees:
- Financial coaching hotline
- Debt and budget counseling
- Credit report reviews
- Home ownership education
- Identity theft solutions
- Debt management plans
- Foreclosure prevention counseling
- Online educational resources
Our financial wellness services are provided by certified experts in the field.
Community resource referrals
Sometimes, help with the issues we’re facing may be available in our local communities, but we may not be aware of how to access assistance. Our counselors or Client Support Specialists can refer employees and members of their households to relevant community resources as needed.
We’ve connected members with the following community support resources:
- Housing resources
- Support groups
- Veteran’s services
- Education resources
- Food banks
- Discounted services
Through community resource referrals, we strive to support employees and their families as they find stability in an uncertain world.
Library of web-based work/life resources
Through a customizable, web-based Work/Life Resource Library, covered employees have access to virtual resources such as articles, quizzes, self-assessments, calculators, videos, webinars, trainings and tip sheets related to the following topics:
- Relationships
- Resiliency
- Health and wellness
- Budgeting and financial wellness
- Identity theft
- Trauma-based services
- Family
- Stress management
- Personal and professional growth
HR Workplace services
When you invest in your employees, they will invest in your business by bringing their best selves to work. HR Workplace services are included as part of every M&S EAP plan.
Hire right the first time
By creating a superior job benchmark, you are setting your organization up for a successful hire. Our benchmarking process takes into account the intangibles of a job and its candidates to allow you to select the individual who will fit best, reducing turnover and increasing engagement.
Refine emotional intelligence
Emotional quotient (EQ) measures emotional intelligence, or your ability to sense, understand and effectively apply the power and acumen of emotions to facilitate a high level of collaboration and productivity. With EQ training, you will develop the skills and knowledge to better understand yourself, your staff and your customers. This skillset helps you to manage their expectations and, ultimately, meet their needs.
Blueprint for success
Through our tools and services, we can provide an understanding of an individual’s talents through multiple avenues: behaviors, competencies and driving forces such as cultural motivators. Understanding strengths and identifying areas for improvement leads to personal and professional development and a higher level of job satisfaction, engagement and productivity.
Measuring stress
Stress costs organizations more than $300 billion in lost productivity and medical costs each year. Tackle stress in your organization head-on to increase productivity and employee engagement.
Organizational development surveys
Keep your fingers on the pulse of your organization and employees through our organizational development surveys, measuring employee engagement, customer/client satisfaction and more. We brainstorm and consult directly with you to create a customized survey designed to capture data for every need.
Training
M&S EAP provides on-site and virtual trainings on a variety of topics, including:
• Communication
• Team building
• Conflict management
• Resiliency
• Leadership
• Stress management
• Chemical dependency
• Wellness
We’re continuously updating and adding new programs to reflect current trends. Reach out to us for the most up-to-date information.
Your success is our passion
Our customer service system has been forged over decades to ensure stability, continuity and success. Regardless of which M&S EAP plan level you choose, members have full access to white-glove service and support. Our goal is to ensure members feel cared for and dignified, with the knowledge that they can reach out for assistance with any personal or professional concern that may arise.
To learn more about how we can help, contact us online or call (800) 543-5080.
Which EAP model is best for you?
While each and every one of our services is fully customizable, we offer three levels of service: Gold, Platinum and Diamond. Regardless of plan level, all clients have access to a live person 24/7/365, helpful resources for work/life topics such as stress management and financial education, an online library of virtual trainings and more. More detail about the types of services we offer is available here.
For specific questions about M&S EAP benefits, or to learn more about how we can craft a personalized plan for your client, please contact us directly at (800) 543-5080.
