Organizations gain ready access to a huge labor pool teeming with highly trained, leadership-proficient skilled workers through initiatives aimed at supporting military members and veterans. Veterans deliver subject matter expertise and advanced skills in fields like information technology, transportation logistics, and supply-chain management. They can bring these same skills to your team.

Veterans tend to bring in a faster return on investment, beyond the social benefits, due to their transferable skills. These skills bring a direct financial benefits to your organization. These skills, such as leadership and teamwork, critical thinking, problem-solving, adaptability, and creativity allow veterans to contribute quickly, effectively, and efficiently.

Service members are physically fit, have security clearances, and are accustomed to non traditional environments. This makes them ideal for industries with shift work, and a wide variety of industries.

Hiring veterans can lead to reduced training costs because the skills acquired during military service often align with job requirements, minimizing the need for extensive training. The Society for Human Resource Management (SHRM) estimates the average cost-per-hire for a new employee to be over $4,000, and veterans’ existing skills can help save on these costs.

Companies that hire veterans often report higher retention rates. Research backs this up. Service members stay in their first post service jobs on average 3 to 5 years longer than their non-veteran counterparts reducing turnover contributing to a more stable and productive workforce.

Service members are trained to be mission focused and accomplish tasks in front of them. This focus when combined with a culture based on loyalty and teamwork, it’s no surprise that research shows that veterans tend to be more dedicated employees, are more productive, and can deliver a higher ROI compared to non-veterans in the workforce.

The U.S. government provides tax incentives for businesses that hire veterans, such as the Work Opportunity Tax Credit (WOTC), which can be worth up to $9,600 per eligible new veteran hire. Many states also offer additional tax credits. These credits directly benefit your organization’s bottom line. The average veteran tax credit value to employers is noted as $4,478.

Veterans are known for their ability to work collaboratively as a team. Their discipline, commitment, and ability to perform under pressure often inspires those around them. This raises the culture of your organization and sense of teamwork throughout. Partnerships with veteran-focused nonprofits can also build company culture through volunteer and engagement opportunities.

Companies generally earn enormous goodwill from customers and a public-image boost when they commit to hiring more military veterans17 …. Studies show that a significant percentage of consumers prefer to support businesses that align with their values, and veteran hiring is one such initiative