How companies can support military service members integrating into the workforce
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May
is Military Appreciation Month in the U.S. This goes beyond simply celebrating
the dedication of our active-duty service members; it’s also about paying
tribute to those who have made the ultimate sacrifice by giving their lives for
our nation’s freedom. Additionally, it’s a time to extend support and
assistance to veterans as they navigate transitioning out of the military and
into civilian life.
For
businesses, there is no better time than now to support military service
members who are integrating into the civilian workforce - because, despite the
immense value they offer, nearly one in
five veterans are currently unemployed.
As
an ex-military service member myself, I understand how daunting and difficult
it can be for veterans to transition into civilian roles. I also witness a lot
of businesses wanting to make that journey easier, but not knowing
exactly how. That’s why I wrote this article - so that businesses know
not only why they should tap into this talent pool, but also how they
can support and empower it.
What value do military personnel bring to organizations?
Facing
mounting economic uncertainties and talent shortages, businesses today need
people who deliver tremendous value to the bottom line by spearheading
innovation, increasing adaptability and motivating teams.
This
highlights the most in-demand
skills businesses are looking for in 2024:
adaptability, communication, leadership, management, teamwork and
problem-solving.
Military
personnel epitomize these skills. Having practiced teamwork and leadership in
challenging situations, they excel at inspiring others and thriving under
pressure. Their camaraderie and stress tolerance are unmatched, and they
possess a strong drive to learn.
Statistics
go on to show that veterans:
- Perform
better than their non-veteran peers, according to 68% of managers
- Have
higher loyalty, staying with their company 8.3% longer than non-veterans
- Are
39% more likely to be promoted earlier
From
my own experience as a soldier in the United States Army, I can vouch for the
adaptable and spontaneous decision-making that service members hone in the
military.
Furthermore,
their skills are in areas where organizations currently face shortages, as
revealed by this
Deloitte study, highlighting the significant
potential that veterans hold in bridging skill gaps.
As
talent shortages worsen, businesses can’t afford to ignore this significant
pool of talent. When the skills of military service members are recognized and
their diverse perspectives are embraced, they allow businesses to remain
innovative, adapt to market trends and outperform competitors.
Why veterans struggle to transition into the workforce and how businesses can support them
Despite
McKinsey’s
findings that getting more military
personnel into civilian roles could add $15 billion to the US economy, the
unemployment rate for veterans continues to rise, increasing
from 2.2% in 2023 to 3.2% in April 2024.
Military
personnel face several barriers to entering the workforce, from exclusive
hiring practices to workplace stigmas. These are compounded by the lower hiring
activity and fierce competition in today’s job market. Now more than ever,
veterans need to upskill and differentiate themselves - but organizations need
to meet them halfway and be more mindful of their unique needs.
Traditional hiring practices are alienating
Hiring
processes favor experience, with 60% of
businesses ruling out candidates who have
no industry-specific experience. This approach excludes alternative talent
pools, like veterans, who possess desirable qualities but followed different
career paths. Such practices hinder innovation and inclusivity by overlooking
qualified candidates from diverse backgrounds.
Prioritizing
education among candidates is similarly outdated, especially when you consider
that 60% of American workers over 25 lack a four-year degree, a statistic
mirrored by 61% of veterans. This highlights the importance of prioritizing
skills in order to diversify
talent pipelines and maximize value.
In
addition to moving to a skills-based hiring approach, businesses must realize
that a comprehensive DE&I hiring strategy should include veterans.
Implementing targeted veteran recruitment programs ensures these individuals
are considered for open positions.
One
company leading by example is Micron, whose target of hiring over 1,500
veterans means that 17% of its workforce
is currently made up of military personnel. Setting precise hiring goals like
this enables businesses to facilitate seamless transitions for veterans into
civilian roles.
A misunderstanding of military personnel’s skills
Only
38% of
employers believe veterans have
transferable skills, with just 19% recognizing their strong communication
skills. This contrasts sharply with the 64% of veterans who see themselves as
effective communicators, revealing a disparity between veterans’ real capabilities
and how employers perceive them.
This
misunderstanding complicates the transition into non-military roles. Businesses
can bridge this gap by offering tailored training and upskilling programs that
teach veterans how to repackage their expertise effectively. Additionally,
investing in career development initiatives aligned with veterans' aspirations
fosters opportunities for advancement.
Once
again, Micron exemplifies this commitment through its
partnership with Syracuse University's D'Aniello
Institute of Veteran and Military Families (IVMF), which aims to enhance
veterans' skill development for smoother transitions into industry roles.
Stigmas in the workplace
Another
significant barrier is the stigma surrounding veteran status. Shockingly, 40% of
veterans conceal their military background
from colleagues, fearing ostracism, criticism or stereotyping.
Some
also worry that these biases will impact career progression opportunities.
Personally, I relate to this fear; many veterans, including myself, avoid
mentioning our service, fearing it may not benefit us and could even harm us.
Businesses
need to do more to cultivate
an inclusive and empathetic workplace culture.
They must advocate for policies and initiatives that not only support veterans,
but also raise awareness among employees about the value they bring.
Examples
of these initiatives include establishing employee resource groups for
veterans, providing mental health support and running educational sessions on
cultural sensitivity. By dispelling stereotypes and fostering support networks,
businesses can create an environment that’s conducive to veterans' successful
integration.
Supporting military spouses and family members
Supporting
military service members means extending that support to their spouses and
families, who confront unique challenges such as frequent relocations and
deployments. To do this, businesses can:
- Offer
flexible work arrangements to accommodate military spouses facing
relocation
- Enable
job transfers within the company for spouses relocating due to military
service
- Offer
extended leave for deployments, emergencies or family
reunions
- Provide
career development support like training and mentoring
programs
- Establish
affinity groups for military spouses to connect and
offer mutual support
- Offer
financial assistance for things like childcare to alleviate
financial burdens
- Provide
wellness programs addressing unique stressors and mental
health needs
Bridging the opportunity gap: Recognizing the potential of military service members
As
a former military service member myself, I’m passionate about the obligation
businesses have to leverage the veteran population in the United States and
guide them into rewarding careers. I’ve seen first-hand how veterans add value
to organizations. Looking at the landscape from my current position, ignoring
this talent pool is not only a disservice to those who have served our country,
it also impedes business’ ability to remain innovative in a time where staying
ahead is critical.
Addressing the opportunity gap so many veterans
face requires employers to recognize the value of military experience, provide
tailored support services and create pathways for successful workforce
integration. To better understand how your business can access and support
top-tier veteran talent, start a conversation with us today.