WHY HIRE VETERANS?
WHY SHOULD COMPANIES HAVE VETERANS IN THEIR TEAM?
Is your company looking to hire a responsible, ethical, and dedicated employee? Then you should consider recruiting a US veteran. The vast variety of skills veterans acquire during their military service can perfectly be transferred to the labor market. Apart from the tax credit, when hiring a qualified WOTC veteran, your company will benefit from the qualifications that the veterans can offer. Read more about why you should hire veterans or, if you prefer, you can watch our explanatory video.
HOW VETERAN SKILLS CAN BENEFIT YOUR COMPANY
There is an enormous diversity of jobs in the US military. Veterans have had years of training and hands-on experience in many various fields such as logistics, medical practice, technology, supply-chain management, public relations, construction and more. This expertise can directly be applied to almost every area in the private sector. When companies recruit veterans, they can expect to find the following skills and qualifications:
- Quick learning: in the military, there is no time to hesitate, it is necessary to be prepared to incorporate a new skill at all times. This can be extremely beneficial to your company’s productivity.
- Working under pressure: veterans know what it is like to perform under pressure. They are trained for this from the day they start until they retire. When a critical task needs to be done within a short time frame, giving up is not an option. Militaries do not give up until their job is done.
- Leadership: every group has a leader, and militaries are the perfect example of this. Managing small to big groups is something veterans know how to do. This skill had to be applied in different scenarios during their military service. Leadership qualifications can be highly valuable for your company or organization. A good leader has to encourage, inspire and motivate the team members.
- Teamwork: in the military, it is fundamental to work as a team. From day one, US veterans were trained to put the individual needs aside and always think as a team. As an entrepreneur, you know how important teamwork and team building is for your organization.
- Adapting: veterans know how to adapt to new situations and different scenarios. Being a problem solver is a quality you need to learn fast when serving the military.
- Tax credit: when hiring a qualified WOTC veteran, your company is eligible to receive a tax credit for up to $9,600 per new hire. This can greatly benefit your company’s tax liability. Read more about the WOTC program.
MILITARY SKILLS TRANSLATOR
Companies can use the skills translator tool to see which are the veterans’ military skills in civilian terms. It works as follows:
- Your company found a potential candidate but you are not sure about the veteran’s skills in civilian terms.
- You need to enter the Military Occupational Specialty (MOS) code from the veteran in the skills translator.
- When submitting this code, you will see the matching position title and know if the candidate is suitable or not.
This skills translator tool is particularly handy when there are so many MOS codes available. Thanks to it, your company will be able to hire talented veterans.
WHY SUPPORT THE VETERAN COMMUNITY
When US service members leave the military life, becoming a veteran could pose them some challenges. Statistically, veterans have the odds in their favor, but they are also stacked against them. Some of the veterans will find a new career directly after finishing the military and others will have problems finding a job. While in the military and serving the nation, veterans felt they had a purpose, a mission. They developed such a sense of belonging that they consider the team as a family.
When switching from active service to civilian life, it could be hard to keep or find the same purpose and sense of belonging they were used to having. It would be like stepping into a new world with new tasks and priorities. In an unknown scenario, they will ask themselves where is the family or team to which they used to belong? One important step in this transition is for the veteran to find a new career with a new purpose to fulfil and, hopefully, a new team where the person can feel integrated. Studies are showing that veterans that find a career after leaving the service are more successful than non-veterans. In addition, company owners are more satisfied with the veterans’ qualifications and skills as compared to non-veterans’. Some individuals are not so fortunate, and that is the case when the odds are against them, as statistics show.
A veteran without a purpose in life is more likely to end up homeless and to be unemployed long-term when compared to a non-veteran. These statistics are very alarming and they require immediate action. By not doing anything, we are not only losing the qualifications and skills a veteran can bring to a company, but we are also letting this person down. Veterans have sacrificed their lives so none of us had to.
WHY COMPANIES SHOULD HIRE VETERANS
A study made by Micah Pollak, associate professor of economics at Indiana University Northwest, showed some interesting results when comparing veteran-friendly companies to non-veteran-friendly ones. According to the group of researchers, companies that hire veterans see their financial performance benefited, in opposition to those that do not.
Of employers are saying veterans in the workforce preform better than or much better than their non-veteran colleges
Professor Pollak and his team concluded that veteran-friendly firms had a 5.2% higher stock return.
When analyzing data from the “Top 100 military-friendly companies” list collected from G.I. Jobs, Pollak and his team concluded that veteran-friendly firms had a 5.2% higher stock return. This increase in performance is directly connected to certain skills and attributes the veterans have, including problem-solving, responsibility and pressure handling.
Of veterans stay longer than 2,5 years at there job when finding a new career
Of non-veterans stay longer than 2,5 years at there job when finding a new career
WHY VETERAN CAREER CENTER?
Currently, there are around 14 million working-age veterans in the United States. This represents around 7% of America’s workforce, in addition to 250,000 men and women who are transitioning from military to civilian life each year.
Consequently, a large number of individuals are looking for work. These individuals have a wide variety of skills and qualifications they can bring to a company. On top of this, when hiring a veteran that is qualified for the WOTC, the company can receive a tax credit from $2,600 to $9,600 per each new hire. The Veteran Career Center is a job portal for all companies looking to hire veterans regardless of their WOTC status and its purpose is to connect US veterans to a civilian career when finishing the military.