Wednesday, March 27, 2013

Five Recommendations for Successful Veteran Hiring

Following the first National Veteran Employment Summit on December 12, 2012, Monster and have released a report detailing findings and recommendations for both hiring and retaining veterans. The Summit was composed of senior military and government officials, academic leaders, human resource professionals, and military veterans and covered the issue of veteran employment from the employer’s viewpoint, as well as the veteran’s and the government’s. The resulting report ultimately gives five recommendations for companies looking to hire veterans:

Build Veteran Affinity and Mentoring Programs: Companies that create programs that specifically address the needs of veterans are more successful at recruitment and retention of those veterans.

Hire a Veteran: According the Monster’s 2012 Veteran Hiring Index, 69% of the 750 employers surveyed, hired a veteran in the past year. 99.9% said that they were doing as well or better than their nonveteran peers. And nearly all would recommend hiring a veteran to another company.

Take the Lead: Turn a million transitioning service members (the number of veterans estimated to be leaving the service over the next five years) into a million talented candidates.

Use Available Tools: There are a number of tools available to both employers to help overcome any barriers to employment. Veterans often feel pigeon-holed by employers in their Military Occupational Specialty (MOS) while they have many other skills. With everything from military skill translators (like O*Net) and online tools (such as the Department of Labor’s step-by-step guide and the Society of Human Resources’ 10 Steps to Becoming a Military-Ready Employer) to workshops and specialized military recruiting firms, employers should be able to easily overcome this potential hurdle and see the full potential of all their veteran applicants.

Learn from the Best: There are many companies that have instituted very successful veteran hiring programs, such as Siemens and Honeywell. These programs should be emulated by others seeking to bring veterans into their fold.

It’s never been easier to implement a veteran hiring program. With federal initiatives like Joining Forces, online tools, and an increasingly prepared group of transitioning veterans thanks to a new transition preparation program called Transition GPS, companies that do not take advantage of the talented candidate pool found in our nation’s veterans are missing out on valuable employees who may very well be the next generation of CEOs. Senator Joe Manchin spoke at the Summit and said it best: "Today's veterans make great hires, and I've always said, if you want to help a vet, hire a vet."

Click here to read the report in full.

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