With a masterâs degree in counseling, you can expect long-term career prospects with attractive salaries. Potential earnings depend on the industry and location, but counselors with a masterâs degree can make as much as $70,000 a year, according to The Bureau of Labor Statistics.
An employee assistance programs (EAP) is an employee benefit programs offered by many employers. EAPs are intended to help employees deal with personal problems that might adversely impact their job performance, health, and well-being.mployee assistance programs have been criticized for their lack of impartiality in cases where an employee seeks assistance due to work-related issues, or where an employer recommends that an employee seek help through the program.
DEFINITION of 'Elective-Deferral Contribution'. A contribution arrangement of an employer-sponsored retirement plan under which participants can choose to set aside part of their pretax compensation as a contribution to the plan.Also known as salary-deferral or salary-reduction contributions..Next Up. contribution arrangement of an employer-sponsored retirement plan under which participants can choose to set aside part of their pretax compensation as a contribution to the plan. Also known as salary-deferral or salary-reduction contributions.. Next Up.