The U.S. Chamber of Commerce Foundation’s Hiring Our Heroes, in partnership with the Merck Company Foundation, today announced the results of its year-long study Veterans in the Workplace: Understanding the Challenges and Creating Long-Term Opportunities for Veteran Employees.
The study, conducted between 2015 and 2016, surveyed 400 human resource professionals nationwide as well as 1,000 veterans who have transitioned out of the military in the last five years on their perceptions during the recruiting and onboarding processes.
Key findings of the study show:
- Businesses have made tremendous progress over the last five years as they recruit veterans into their workforce. Veterans are now ranked as a top three recruiting target for companies, underscoring the commitment to and investment in veterans by American businesses.
- A civilian – military gap still exists, and greater effort is required as veterans are brought on board to civilian companies in order to set them up for success.
- Female veterans appear to face greater challenges related to finding their first post-transition job and being satisfied with their economic well-being.
“America’s businesses have stepped up to the plate when it comes to hiring veterans—a fact evidenced by the ever-shrinking veteran unemployment rate,” said Eric Eversole, president, Hiring Our Heroes, and vice president, U.S. Chamber of Commerce. “However, we need to double-down on our effort to provide veteran-related training and assistance during the onboarding process.”
“At Merck, we have a long-term commitment to hiring veterans,” said Kevin Thornberry, director, Business Consulting, and leader of the Veterans Leadership Network. “We are committed to helping veterans adjust as they transition into the corporate world and we recognize the unique skills military members bring to Merck each day and are very proud of their contributions.”
The study reinforces many of the themes that Hiring Our Heroes has stressed over the last five years to key audiences and highlights how American businesses and veterans can educate themselves on what long-term economic success looks like in this effort.
About Hiring Our Heroes
Launched in 2011, Hiring Our Heroes is a nationwide initiative to help veterans, transitioning service members, and military spouses find meaningful employment. Working with the U.S. Chamber of Commerce’s vast network of state and local chambers and other strategic partners from the public, private and nonprofit sectors, Hiring Our Heroes has helped hundreds of thousands of veterans and military spouses find meaningful employment through more than 1,000 job fairs in all 50 states, Puerto Rico, the District of Columbia, and on military installations overseas; a suite of free online career-based resources; and the Hiring 500,000 Heroes campaign.
For 125 years, Merck has been a global health care leader working to help the world be well. Merck is known as MSD outside the United States and Canada. Through our prescription medicines, vaccines, biologic therapies, and animal health products, we work with customers and operate in more than 140 countries to deliver innovative health solutions. We also demonstrate our commitment to increasing access to health care through far-reaching policies, programs and partnerships. For more information, visit www.merck.com and connect with us on Twitter, Facebook, YouTube and LinkedIn.
The U.S. Chamber of Commerce Foundation is dedicated to strengthening America’s long-term competitiveness. We educate the public on the conditions necessary for business and communities to thrive, how business positively impacts communities, and emerging issues and creative solutions that will shape the future.