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The Employee Assistance market is a subset of the Personnel and Human Resources industry. It focuses on providing services to employers and employees to help them manage their work-life balance. These services can include counseling, financial advice, legal assistance, and other forms of support. Employee Assistance programs are designed to help employees manage stress, improve job satisfaction, and increase productivity. They can also help employers reduce absenteeism, improve morale, and reduce turnover.
Employee Assistance programs are typically provided by third-party companies, such as Employee Assistance Providers (EAPs). These companies offer a range of services, including counseling, financial advice, legal assistance, and other forms of support. Some of the leading companies in the Employee Assistance market include ComPsych, Magellan Health, Optum, and LifeWorks. Show Less Read more