New Research from Findem Sheds Light on Status of Veterans in the Workforce
A new, large-scale research study by Findem, a pioneer in people intelligence, provides a detailed look at the status of veterans in the workforce, including the companies and industries employing the highest percentage of veterans, the greatest opportunities for veterans in leadership roles and major shifts that have taken place in recent years.
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More than 200,000 veterans enter civilian life each year, according to the Department of Defense, and are often challenged by transitioning into industries, companies and positions where their military skills might not directly translate. Findem’s research examines the state of veteran employment and reveals which companies, by industry, are doing the best job.
Amazon’s and HP’s Hiring Initiatives Make Them Standouts Among Tech Titans
Many technical skills acquired during service tend to align well with positions in the tech industry, making it one of the easier transition paths for veterans. Still, there’s work to be done, and that led several tech giants in 2016 to pledge to hire 1,000-3,000 veterans or their spouses by 2021.
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Which tech giants are performing best? Findem analyzed U.S. workforce data from 10 tech leaders and found Amazon and HP – two of the companies that made the pledge and have instituted other hiring initiatives – have the highest percentages of overall veteran employees. Amazon ranks first with 3.98%, with second-place HP close behind with 3.63%. Cisco is third with 3.31%, followed by Microsoft, Intel, Oracle, Facebook, Apple, Google and Adobe. [See Graph 1].
HP and Oracle tie when it comes to employing veterans in leadership positions (director and up), although the tally of .08% apiece is not an exceptional percentage. Cisco and Microsoft have the most veterans in sales roles, with 4.41% and 3.89%, respectively, and HP and Microsoft in R&D roles with 3.86% and 2.44%, respectively.
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