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Are you considering implementing an initiative to hire military veterans? We salute you! As a small to mid-sized business, you’re in a unique position to help former servicemen and women rejoin the civilian workforce, while your organization also reaps the many benefits of hiring veterans.
In this article, we’ll explore the symbiotic relationship between former servicemembers and their civilian employers. You’ll find that veterans bring a lot of distinctive and exceptional skills to the table that reflects their years of experience, dedication and loyalty.
We’ll also cover the tangible incentives behind hiring veterans, including available government support and potential tax benefits. Ready to explore the perks of adding this valuable asset to your workforce? Read on to learn about how you can become a veteran-friendly employer.
According to the United States Chamber of Commerce, there are currently approximately 16.5 million veterans in the United States, and they are a highly educated and experienced population.
More than one-third of all veterans have a bachelor’s degree or higher, and more than 95% have graduated from high school. Paired with their extensive training and unique abilities, veterans make exceptional employees. The soft skills these resources bring to the table are one of the many benefits of hiring veterans.
Here are just a few of the reasons why:
Have you ever had an employee who just couldn’t make decisions or execute plans? That’s rarely a problem for veterans, who have learned to think on their feet and make critical decisions under pressure. The high-stakes and often high-stress training your veteran employees undergo makes them go-to resources in the civilian workforce.
Veterans have learned the importance of a higher set of rules and are able to thrive while following them.
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We’ve reviewed many of the “soft” benefits of hiring veterans, but did you know that there are tangible benefits to being a veteran-friendly employer that are offered by the government? Here are three of the most significant sources of support:
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Many companies are familiar with the benefits of hiring veterans, making recruiting these resources competitive. These employees are in very high demand, and U.S. data reflects that they face lower rates of unemployment as a result. Employers who want to secure these in-demand resources need to be creative.
Consider the following ideas:
If your workplace is near a military base, you may be able to network directly at the source; military bases often host job fairs for servicemembers planning a transition out of the military in the near future. If not, any job fair or networking event can open up new opportunities to promote open roles to veterans, and you may even find some events tailored specifically to veterans in or around your community.
When you seek to actively recruit veterans, you join the ranks of many successful veteran-friendly employers. The Society for Human Resource Management reports that “over the past decade, recognition of the tremendous value veterans bring to U.S. companies has led to accelerated hiring initiatives at major firms, including Walmart, Siemens, AT&T and Verizon.”
Further, Starbucks has pledged to hire 25,000 veterans and spouses by 2025; Allstate launched an effort to recruit veterans in sales and ownership careers; and Prudential operates an initiative called VETalent to hire veterans in IT positions.
As Roger Staubach, Executive Chairman at JLL Americas writes, “I invest in veterans not to do them a favor; they are actually doing me a favor because the qualities they bring to the workforce are invaluable.”
Are you looking to recruit (and retain) valuable talent in your workforce, like veterans? When you partner with Axcet HR Solutions, you’ll gain access to our state-of-the-art applicant tracking system; tailored recruiting, hiring, and retention strategy development; help crafting compliant job descriptions; and so much more. Plus, our tax administration and payroll experts can help you explore the tax credit benefits of hiring veterans.
Recruitment and retention are just the beginning of what we bring to the table at Axcet. To learn more, schedule a quick consultation with our HR experts.
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