U.S. Chamber Foundation Launches Corporate Fellowship Advisory Council
The U.S. Chamber of Commerce Foundation’s Hiring Our Heroes (HOH) initiative today announced the launch of the Corporate Fellowship Advisory Council (CFAC), a private sector initiative formed to foster furthered growth and expansion of the HOH Corporate Fellowship Program (CFP). Founding members of the CFAC include representatives from Amazon, Anne Arundel Workforce Development Corporation, CarMax, Cushman & Wakefield, Lockheed Martin, Prudential Financial, and the U.S. Army’s Soldier for Life Program. Frank Stanley, Army veteran and military recruitment lead at Cushman & Wakefield, will serve as the chair of the council.
“Private sector leaders are reaffirming their commitment to an innovative program that is changing the way American businesses tap into the tremendous talent pipeline of veterans and military spouse professionals,” said Eric Eversole, vice president at the U.S. Chamber of Commerce and president of Hiring Our Heroes. “The council’s support expands Hiring Our Heroes’ current fellowship program to new areas and industries, bringing even more opportunity to transitioning service members, veterans, and military spouses across the nation.”
Launched in 2015, the HOH CFP provides a direct pipeline of transitioning service member, veteran, and military spouse talent into companies of all sizes and industries. The program matches candidates with host companies based on skill and interest. Through the program, fellows gain vital insight into developing careers with some of America’s most sought-after private sector organizations while, at the same time, connecting employers with much-needed top talent from the military community. The program has been an unbridled success to date, growing from just three locations in 2015 to more than 15 sites around the country, with a current job offer rate for fellows of 88% and an average starting salary of $84,000.
“The Corporate Fellowship Program represents an innovative approach to connecting businesses around the country with the leadership and talent veterans and military spouses bring to the table,” said Frank Stanley, manger of veteran recruiting and programs at Cushman & Wakefield. “I look forward to working with Hiring Our Heroes and my fellow council members to continue to expand the reach and impact of the Corporate Fellowship Program.”
Currently, the CFP program operates in 15 locations across 13 states and the District of Columbia, with plans to add several more location in 2019.