April 26, 2017
Karsten Strauss | Forbes
Coming out of a life in the military, many former soldiers turn their attention to how they’ll support themselves and their families in the private sector. It’s an exciting and sometimes stressful prospect.
Making the transition to civilian life and work comes with several factors worthy of consideration: to what extent does military service matter to a prospective employer? Is there a culture of veteran hiring, or a military workforce within the organization? What kind of pay does military experience bring in?
To get a picture of which companies provide the most hospitable environments for veterans and military personnel seeking work, we looked to a ranking* by The Military Times, a published source of news and information for vets. We wrapped the top-10 employers for veterans in a slideshow, which you can view below.
The top-ranked company on the list is Verizon, a telecommunications company that employs 11,643 military or former military workers as part of its total workforce of 162,162. The company is friendly when it comes to accepting military experience in lieu of certification and received a four-star rating for veteran on-boarding a four stars for its policies benefiting military spouses. In terms of reservist pay, Verizon pays the full difference, 36 months.
In second place on the Military Times ranking we find Union Pacific Railroad. The transportation firm employs 47,200 total and of those 9,813 are current or former military folks. Military experience is accepted in lieu of certification and, like Verizon, received a four-star rating for veteran on=boarding. Military spouse policies, though, earned 1.5 stars. Union Pacific allocates 15% of its recruiting budget to finding veteran and military hires, and recent new hires include more than 50% military personnel.
In third place, USAA, an insurance company, employs about 4,758 current or former military personnel within its 28,681-strong workforce. The company received a four-star rating for veteran on-boarding and 3.5 stars for its military spouse policies. The company allocates 30% of its recruiting budget to hiring military people. At USAA, military experience is not a substitute for certification (it is insurance, after all).
To put together its annual ranking of Best Employers, Military Times mandated companies fill out a 90-question survey. Emphasis was placed on recruiting of veterans and service members, company culture, policies, and reservist accommodations.