With Memorial Day around the corner, what better time to reflect upon and honor those who have served in our armed forces? Veterans have unique skills, experiences, and qualities that are valuable assets to any organization. Hiring Veterans can impact a company's performance, culture, and success. Let’s explore the benefits of hiring Veterans and their diverse skillset.
1. Leadership and Teamwork
Veterans have experience with the military’s structured hierarchy. This structure leads to growth opportunities in leadership roles and more challenging responsibilities. They know how to work well as a team. Vets adapt to different situations to achieve common goals. These skills are invaluable. High performing teams need clear communication, cooperation, and coordination. When employers hire Veterans, they get strong leaders who can motivate teams and make strategic decisions.
2. Strong Work Ethic
Veterans are known for their discipline, dedication, and resilience. The military enforces a high level of ownership mentality and integrity making Vets great team players. They are trained to work hard, perform under pressure, and complete tasks efficiently. This strong work ethic contributes to increased productivity and improved organizational performance. Employers can trust Veterans to do their work with a sense of duty and commitment. This results in a reliable and dedicated workforce.
3. Adaptability and Problem-Solving
Military personnel often face unpredictable situations and must adapt quickly to changing circumstances. This experience has honed their ability to think critically, analyze problems, and make sound decisions under pressure. For example, the Army teaches a 7-step problem solving process which helps them quickly and effectively resolve issues. In the civilian workforce, these problem-solving skills can be applied to tackle complex challenges and ever-changing industries. In addition, Veterans bring adaptability and resourcefulness that can help companies stay agile and competitive.
4. Technical Training
The military provides extensive training in various technical and specialized fields. These include engineering, logistics, information technology, healthcare, and more. This knowledge directly applies to civilian roles, benefiting companies from a skilled and experienced workforce. In addition, Veterans are often well-versed in advanced technologies and systems, which can give organizations an edge in adopting and implementing cutting-edge technology.
5. Diversity and Inclusion
Hiring Veterans contributes to a more diverse and inclusive workplace. The military attracts individuals from various backgrounds and cultures, which fosters an environment of collaboration and understanding. By incorporating Veterans into the workforce, companies can broaden their perspectives, encourage innovation, and promote a culture of respect and unity.
Additional Benefits:
Government/Tax Incentives
Government programs and incentives are in place to encourage the hiring of Veterans. For example, there are tax breaks like the Work Opportunity Tax Credit (WOTC). The WOTC offers additional deductions to businesses who hire from certain groups, including Veterans. These incentives can offset costs associated with training and onboarding and provide tax credits for companies that hire Veterans. By taking advantage of these programs, employers can reduce expenses while supporting Veterans transitioning to civilian life.
Loyalty leads to lower Turnover Rates
Veterans are known for their loyalty and commitment which correlates to lower employee turnover rates. This saves companies time and money for recruitment, training, and onboarding. A more stable workforce also improves employee morale, higher productivity, and a better working environment.
There are several benefits to hiring our armed forces and helping them transition into a civilian career. From improving company culture, lowering turnover rates, and increasing tax deductions, our Veterans should be valued members of our workforce!
Questions about hiring Vets for your team? TalentRemedy has a team of experts to perform consultative and recruiting services. We can help you design generationally friendly work environments to help you fill those open roles. Contact us at info@talentremedy.com or 703-362-0175 to set up a time to discuss how our team can support you.