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Employee Assistance Program Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Employee Assistance Program Services Market Research Report | Advisory & Financial Services | Outsourced Office Functions | Oct 2014

Assisting growth: Demand increases as employers seek improved productivity

IBISWorld’s Employee Assistance Program Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Converge International Converge International market share
Davidson Trahaire Corpsych Pty Limited Davidson Trahaire Corpsych Pty Limited market share
Ingeus Ingeus market share
Optum Optum market share
Industry Statistics & Market Size
Revenue
$208m
Annual Growth 10-15
5.7%
Annual Growth 15-20
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Profit
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Employment
960
Businesses
134
Industry Analysis & Industry Trends

With low unemployment rates and a tight labour market in Australia over most of the past five years, many companies have implemented employee assistance programs (EAPs) for a range of reasons. Firstly, EAP services are designed to assist employees in resolving or working through a variety of personal, family and workplace issues, which can result in happier workers. Secondly, when employees have resolved stressful issues, they are more likely to have an improved sense of wellbeing and be more focused on the tasks they carry out. Finally, EAP services can increase productivity and reduce absenteeism, which leads to higher profit and lower costs. This provides client companies with an incentive to implement EAPs, to the benefit of the industry... purchase to read more

Industry Report - Industry Analysis Chapter

In a highly competitive economic environment, companies and other organisations require an edge to remain competitive, deliver profit growth or achieve other specified goals for shareholders, stakeholders and owners. More companies are providing employee assistance program (EAP) services to contribute to these outcomes. Clients are using industry services to improve employee satisfaction and reduce stress. However, with an estimated usage rate of between 5.0% and 25.0% across client organisations, EAP providers need to promote their services more to reach a greater number of clients... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Employee Assistance Program Services Industry?

Firms involved in the industry provide wellbeing services to employees. These services are aimed at early identification and resolution of work and personal problems that affect professional performance.

Industry Products
Personal issues servicesFamily issues servicesWorkplace issues servicesCorporate training services and courses
 
Industry Activities
Workplace issues counselling and assistance servicesPersonal issues counselling and assistance servicesFamily issues counselling and assistance servicesGroup training and corporate assistance servicesWorkplace issues counselling and assistance servicesPersonal issues counselling and assistance servicesFamily issues counselling and assistance servicesGroup training and corporate assistance services


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