Private sector officials shared lessons learned from their successes recruiting veterans during a hearing this week by the House Veterans’ Affairs Committee.
Maureen Casey, managing director of military and veterans affairs for JPMorgan Chase, updated lawmakers on lessons the financial services giant learned during the launch of its military hiring program. To reach its target, JPMorgan reevaluated its hiring practices and established a new recruiting team with the ability to translate military skills into civilian ones.
“We have learned through our work and research that one of the biggest challenges to solving veteran unemployment is the ‘knowledge gap’ that exists between civilian and military cultures,” Casey said, according to her written testimony. “Hiring managers and recruiters without military experience may not always understand a job candidate’s military experience and the breadth of the skills veterans bring to the table.”
In response to veterans’ high unemployment rate, JPMorgan Chase helped form the 100,000 Jobs Mission, a partnership with 130 other companies dedicated to hiring veterans.
Gary Profit, senior director of military programs for Walmart, discussed the scale of the veteran employment problem, noting that in the next five years, 1 million veterans will leave the service.
“Besides being the right thing to do, hiring veterans is also good for business,” the retired Army brigadier general said, according to his written testimony. “We believe veterans and military families represent the largest, diverse, talent-rich pool in the world and are an essential segment of the next generation at Walmart.”