Final answer:
Employee assistance programs are designed to help employees resolve personal problems that may affect their work performance.
Step-by-step explanation:
These personal problems can include issues such as substance abuse, stress, mental health problems, family issues, or financial or legal concerns. EAPs aim to provide confidential resources and support to employees, helping them to overcome challenges that might otherwise impact their job satisfaction and productivity.
While EAPs do provide a form of employee support, they should not be confused with other aspects of employee compensation and benefits. Retirement plans, which can be defined benefit plans or defined contribution plans, are designed to provide financial security for employees once they leave the workforce.
Additionally, total employee compensation often includes health benefits, such as employee insurance (mainly health), as well as unemployment and worker's compensation insurance. Each of these components, from supplemental pay to Medicare, contributes to the overall financial package offered to employees.