What is an Employee Assistance Program?

EAP's are designed to assist employees in resolving personal problems that might otherwise affect their performance. Traditionally, they've helped workers with alcohol or substance dependency, but now cover everything from child and elder care to financial and legal problems to mental and physical health. Programs are generally free to employees and often extend to their spouse and children.

But... what to EAPs have to do with fraud?

When employees face financial or other pressures in their lives, the likelihood for occupational fraud increases. Just as workplace mental and physical health programs reduce healthcare costs, EAPs help reduce costs associated with fraud. By providing employees with access to counseling and support services, EAPs help employees address underlying issues and reduce the likelihood that they will engage in fraudulent behavior.

EAPs can also help create a positive work environment that promotes honesty and integrity. By offering confidential support services, EAPs can help employees feel valued and supported, which can increase their job satisfaction and reduce the likelihood that they will engage in fraudulent behavior. Additionally, EAPs can provide training and education on ethical business practices, which can help employees understand the importance of honesty and integrity in the workplace.

Finally, EAPs help detect and prevent fraud by offering a confidential reporting mechanism for employees to report suspected fraud. This reporting mechanism can help identify potential cases of fraud early on, allowing companies to take action to prevent further losses.

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