Employee Assistance Program Procurement Intelligence To Grow Immensely at a CAGR of 5.6% from 2023 to 2030
Employee Assistance Program Procurement Intelligence The employee assistance program (EAP) category is expected to grow at a CAGR of 5.6% from 2023 to 2030. The growing demand for recognition of the importance of employee well-being and mental health and the need for employers to attract and retain top talent as if they do not have access to support employees who are dealing with personal or professional challenges are more likely to quit their positions. The importance is also increasing in industries where job stress and burnout are common such as healthcare and social services. The rise of remote work and the need for virtual support services is also driving growth in this category. An organization chooses EAPs to boost employee productivity. An employee can handle all of their challenges such as difficulties at work, monetary assistance, or disputes inside the workplace with the aid of these programs. The Centres for Disease Control and Prevention estimates that produc...