Tuesday, December 23, 2014

VetAdvisor Releases Veterans Job Retention Survey Results

In October, VetAdvisor announced the results of its Veterans Job Retention Survey, a collection of data to reveal the state of veteran retention in the civilian workforce. The results hope to help employers build a better plan for veteran retention in the private sector.

The survey, conducted of nearly 1,500 veterans from December 2013 through February 2014, explored how veterans find their initial post-military jobs and the reasons why they choose to leave them for new jobs. Highlights from the findings included:

Over 14 percent of those who participated in the survey indicated that they were working in their first civilian job. Of those who left their first job, nearly half of those respondents left in their first year, with two-thirds leaving within two years.

Veterans indicated that the biggest obstacle for obtaining meaningful employment post military was finding careers that matched past military training and experience.

Overwhelmingly, nine out of ten of those who participated in the survey linked the opportunity to use their skills and abilities as the most important characteristic of civilian employment, and identified these qualities as most significant in retention within a civilian position. Other aspects, including career development, benefits, work environment, and employee/employer relationships were also indicated as significant retention issues.

Regardless of the number of jobs held, there was a correlation between the position and how long the position was held within the veteran’s preferred career field.

With these findings, VetAdvisor suggested a method of action for employers to increase veteran employee retention, which included providing education on military skills and their translation to the civilian workforce for recruiters and HR professionals in the private sector, developing veteran programs within companies to help veterans develop a career path outside of the military, and creating programs that will help match veterans to open positions more accurately.

A vital step in a military hiring program is to help veterans feel comfortable with their new careers.  Called the “candidate experience,” what a candidate experiences as they progress through the hiring process is directly related to their satisfaction and longevity as an employee. This period begins with their initial interest in a position up through the onboarding process.

There are many ways to maximize the candidate experience for veterans, including educating yourself on the military backgrounds of potential candidates, maintaining healthy communication, and creating the right environment. Read more about how to create an onboarding process and work environment that appeals to veterans here.

To help civilian employers find, hire, and, most importantly, retain top military talent, Orion has created customized Military Talent Programs, which focus on delivering consistent quality and quantity of candidates, at a lower cost per hire, while incorporating Brand Marketing, Training, and Consulting, to ensure the best possible results.

Orion is the only company to offer a full-cycle Strategic Military Program that address all phases of the process, from candidate attraction and recruiting, through on-boarding, integration, and retention. If you would like to learn more about how you can create a Military Talent Program for your company, click here.

In addition, Orion’s Hiring Conferences allow for a chance to interview with the best military job seekers, qualified and suitably matched veterans that are interested in your available opportunities. Orion provides insight on the transitioning military candidates, and offers advice on the most effective hiring strategy. Orion holds multiple Hiring Conferences a month, with locations throughout the country. Learn more about an Orion Hiring Conference.

With these tools, Orion can help make hiring veterans easier for your company.

“The Baltimore Distinguished Candidate Conference we attended was very beneficial and had an excellent format. The candidates were excellent, and we were able to complete many interviews in a short period of time. The format was also conducive to getting to know potential candidates better than in a traditional setting,” explains John Bates, Human Resources Manager at Remington Arms.

To learn more about Orion’s services, click here.

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