veterans - National Association of Veteran Serving Organizations
Transcription
veterans - National Association of Veteran Serving Organizations
VETERANS TALENT INDEX Insights and Analysis from Veterans, Recruiters, and Hiring Managers JULY 2015 8TH EDITION Brought to you by Monster and Military.com DISCLAIMER OF ENDORSEMENT: Reference in Monster Government Solutions’ marketing materials to the Department of Defense (“DoD”) either by name or by use of its images, videos, audio, or other media do not constitute or imply endorsement, recommendation, or favoring by the DoD. The views and opinions of Monster Government Solutions presented by these materials may not state or reflect those of the DoD. 1. VETERANS TALENT INDEX TABLE OF CONTENTS Introduction..................................................... 4 Who We Are...................................................... 4 Methodology..................................................... 4 Highlights and Reccomendations......................... 5 Post 9-11 Veteran Population Expanding................ 6 Post 9-11 Veteran Job Conditions Continue to Improve........................... 6 Rising Veteran Confidence in Applying Skills to Civilian Careers......................... 7 Career Confidence Index..................................... 7 Post 9-11 Veteran Positive Income Comparison....... 9 Solid Veteran Job Seeker Activity.......................... 9 Veteran Conditions Vary by Location....................................................... 11 Veteran Relevant and Expanding Skill Sets............. 12 Ongoing Employer Support.................................. 14 Looking Ahead.................................................. 15 INTRODUCTION This spring, the survey results reveal both stability and improvement among both veteran job seekers and hiring employers. At the same time, veteran job performance metrics have progressed. Career confidence and job seeker activity are improving compared to the fall of 2014, as advances seen over the past several years were maintained. Likewise, reflecting a consistent and supportive pool of employers, the employer index is steady and strong. Though post 9-11 veteran employment conditions are relatively positive, there remain pockets of opportunity as well as the continued challenge to transition hundreds of thousands exiting the military each year. These select veterans require veteran-focused job resources, education and training programs, and employers who are knowledgeable and respectful of their situations. Veterans and employers must work together to achieve their common end-goal – successful employment. WHO WE ARE Monster and Military.com have a long and deep legacy working with employer, military, and veteran communities. Monster, the worldwide leader in connecting people to job opportunities, has a database of over one million veteran resumes that grows daily. Military.com, a Monster subsidiary, serves active duty personnel, veterans, spouses, and families with information and resources that support the entire life cycle of the service member, including recruitment, promotion of VA benefits, and assisting with career transition. Together, Monster and Military.com are at the intersection of the private sector, the public sector, and the military and veteran communities, thus uniquely positioned to provide the Veteran Talent Index and its related insights. Supporting their mission to connect veterans and employers, Monster and Military.com have produced the Veterans Talent Index bi-annually since the fall of 2011. This initiative monitors employment conditions for the newest group of veterans, those who left the military in the past several years or plan to leave within the next year, as well as the employers that hire them. In-depth, online surveys in the spring and fall provide ongoing and quantifiable metrics and drive the three indices that compromise the Veterans Talent Index, now in its eighth edition. METHODOLOGY Monster and Military.com focused its analysis on veterans who have been out of the military for less than five years, active duty service members who plan to leave the military within the next year, and employers who have hired at least one veteran in the past year. This approach helps clarify the current environment for members transitioning from the military and employers looking to hire veteran talent. Accordingly, in March 2015, Monster surveyed military professionals, HR professionals, and hiring managers across the nation. Questions from the survey were used to compute indices which capture the sentiment of both employers and veteran seekers. JULY 2015 4 U.S. Marine Corps photo by Lance Cpl. Andre Dakis.1 HIGHLIGHTS AND RECOMMENDATIONS FOR VETERANS Employment conditions for veterans vary by location. Among the top ten states with the strongest veteran labor forces, the best veteran employment rates are seen in Ohio, Virginia, and Texas. Surveyed female veterans, more so than males, feel it is important to live near a veteran hospital or a military base. Veteran unemployment rates are over two percentage points lower than non-veteran rates in Mississippi, Louisiana, South Carolina, Ohio, and Connecticut. Veterans aim to further their civilian skill sets. Most veterans demonstrate a drive to become more employable by obtaining future skills through on-thejob training (29 percent) or enrolling in a college or advanced degree program (28 percent). Roughly 83 percent of veterans have already used or plan to use their GI Bill to pursue further education or training. FOR EMPLOYERS Veterans are hired on merit alone. Veterans are earning a job not because they served in the military, but because of their coveted skills and capabilities. The top two motivations to hire a veteran are because they are the best qualified of the candidate pool (62 percent) and because of the prior work experience of the candidate (54 percent). Employers have respect for veteran skills. Eighty-eight percent of surveyed employers, up from a 78 percent average since the survey’s inception, report veteran skills are relevant to a civilian career. Employers value many veteran soft skills, including their dedication, discipline, and good work ethic. Employers report an increased level of encouraging feedback regarding veteran work performance. Nearly all employers believe veteran workers perform their job about the same or better than non-veteran workers. Employers rate veterans about the same or better when it comes to specific attributes such as career advancement, job turnover, and retention rate; the spring 2015 rates are each the highest in the survey’s history. BOTTOM LINE UP FRONT The growing confidence on the part of veterans and employers means veteran employment is moving in the right direction, but gaps remain in veteran retention programs among employers, translating military skills to civilian ones, and credentialing. Increased emphasis in these areas will not only help veterans find employment, but will help employers retain the veteran talent they work hard to recruit. EMPLOYERS SAY: WE HIRE VETERANS BECAUSE THEY ARE THE MOST QUALIFIED BASED ON THEIR PRIOR WORK EXPERIENCE. JULY 2015 5 POST 9-11 VETERAN POPULATION EXPANDING Post 9-11 veterans, defined as those who served from September 2001 to present, continue to expand in numbers. There are 21 million veterans, down nearly one percent in 2014. Over three million, or nearly 15 percent of all veterans, are post 9-11 veterans and expanded by 12.2 percent in 2014. Females are a minority in both veteran populations, accounting for 20 percent of post 9-11 and 10 percent of all veterans. VETERAN POPULATION 2014 AND 2013-14 CHANGE TOTAL=21,229 -0.8% 2,207 MALE FEMALE 19,023 TOTAL=3,185 +12.2% 2,549 Post 9-11 veteran, as well as veteran and non-veteran, unemployment rates have fallen for the past several years. Most recently, the post 9-11 veterans had an unemployment rate of 6.9 percent in April 2015, higher than both the veteran rate of 4.7 percent and the nonveteran rate of 4.9 percent. VETERAN AND NON-VETERAN UNEMPLOYMENT RATES 2010 TO 2014 14 12 10 8 6 4 2 0 2010 ALL VETERANS Source: Bureau of Labor Statistics, 2013-14 Averages *Numbers in thousands. Male and female populations do not add to total due to averaging. Fifty-one percent of all veterans (10.7 million) and 80 percent (2.5 million) of post 9-11 veterans are in the labor force. Both the male and female veteran labor force populations declined by approximately two percent in 2014 while male and female post 9-11 veterans each expanded by 11 percent. VETERAN LABOR FORCE 2014 AND 2013-14 CHANGE TOTAL=10,744 -2.1% MALE FEMALE 1,386 9,359 TOTAL=2,535 +10.9% 455 POST 9-11 VETERANS 2011 POST 9-11 VETERANS 635 POST 9-11 VETERANS 2,096 POST 9-11 VETERAN JOB CONDITIONS CONTINUE TO IMPROVE ALL VETERANS Source: Bureau of Labor Statistics, 2013-14 Averages *Numbers in thousands. Male and female populations do not add to total due to averaging. 2012 ALL VETERANS 2013 2014 NON-VETERANS Source: Bureau of Labor Statistics, 2010-14 Averages Unemployment rates vary widely by age group. Both veterans and post 9-11 veterans report almost a 16 percent unemployment rate for those aged 18 to 24 compared to 12.5 percent for non-veterans. For those aged 25 to 34, a group which represents nearly half of the post 9-11 veteran labor force, veterans and post 9-11 veterans have a nearly eight percent rate compared to 6.5 percent for non-veterans. SHOW YOUR STRIPES iHeartRadio’s Show Your Stripes is a community initiative launched by iHeartMedia, Inc., the media and entertainment company in America with the largest reach. Show Your Stripes was designed to generate awareness around the issue of veteran unemployment, encourage businesses to hire skilled veterans, and help those transitioning out of the military find jobs. Since Show Your Stripes launched in 2013, more than 2.5 million public service announcements have aired on iHeartRadio stations, and program messages have been displayed 28 million times driving awareness and support for helping veterans find jobs. Veterans have submitted more than 200,000 job applications to the more than 4,000 national and local businesses who have signed up to be part of the Show Your Stripes alliance. Visit www.showyourstripes.org, powered by Military.com. JULY 2015 6 3,000 LABOR FORCE* 2,500 2,000 1,500 1,000 500 0 18 TO 24 25 TO 34 LABOR FORCE 35 TO 44 45 TO 54 55 TO 64 18 16 14 12 10 8 6 4 2 0 UNEMPLOYMENT RATE (%) VETERAN LABOR FORCE AND UNEMPLOYMENT RATES BY AGE - 2014 UNEMPLOYMENT RATE CAREER CONFIDENCE INDEX The Career Confidence Index, which measures transitioning veteran confidence in finding a job and in their skills, is stable and strong at 58. This is the highest score in the indices three-and-a-half year history. Since the indices inception in the fall of 2011, the average score is 55. VETERANS: CAREER CONFIDENCE INDEX FALL 2013 - SPRING 2015 Source: Bureau of Labor Statistics, 2014 Average *Numbers in thousands 58 58 FALL 2014 SPRING 2015 55 POST 9-11 VETERAN LABOR FORCE AND UNEMPLOYMENTS RATES BY AGE - 2014 1,400 LABOR FORCE* 1,200 1,000 800 600 400 200 0 18 TO 24 25 TO 34 LABOR FORCE 35 TO 44 45 TO 54 55 TO 64 18 16 14 12 10 8 6 4 2 0 UNEMPLOYMENT RATE (%) 53 UNEMPLOYMENT RATE Source: Bureau of Labor Statistics, 2014 Average *Numbers in thousands Military personnel transitioning to the civilian workforce, as well as post 9-11 veterans already in the workforce and searching for jobs, should be encouraged with steadily improving labor conditions. RISING VETERAN CONFIDENCE IN APPLYING SKILLS TO CIVILIAN CAREERS Not only have hiring conditions improved, but surveyed veterans, those who left the military in the past five years or plan to leave in the next year, appear to have strengthened confidence in their abilities and skills, as reflected in the indices and survey responses. FALL 2013 SPRING 2014 Career Confidence Indexis ismeasured measuredon onaascale scale of of 0-100. It measures TheThe Career Confidence Index 1) veteran1)confidence to find a job It measures veteran confidence toand find2) a veteran job andlevel of skills acquired during and after the military. 2) veteran level of skills acquired during and after the military. Career Confidence Index by Segment • As in all but one of the prior surveys, male veterans (59) have a stronger Career Confidence Index than female veterans (56), driven by a lack of confidence for females in their skills and a greater doubt of being able to find a job • W est (61) and Northeast (60) regions report notably strong career confidence measures due to heightened responses by veterans of feeling prepared for their career transition out of the military and of feeling their military skills are relevant to civilian careers; South (56) and Midwest (55) regions are on par with prior scores CAREER CONFIDENCE INDEX BY SEGMENT SPRING 2015 61 60 60 59 WEST REGION NORTHEAST REGION MALE VETERANS SPRING 2015 = 58 56 56 FEMALE VETERANS SOUTH REGION 55 MIDWEST REGION JULY 2015 7 The Career Confidence Index remains strong as veterans feel confident that they could find a job if they really need to find one. This positive attitude stems from improved hiring conditions. Over half (51 percent) of measured veterans are extremely and very confident about finding a job, compared to an average 36 percent since the survey launch in the fall of 2011. VETERANS CONFIDENCE: SUCCESS IN A CIVILIAN JOB 37% 31% 27% 5% NOT CONFIDENT VETERANS CONFIDENCE: THOSE CONFIDENT IN FINDING A CIVILIAN JOB FALL 2013 - SPRING 2015 34% 36% FALL 2013 SPRING 2014 FALL 2014 Education is a key determinant of veteran confidence. Sixty-three percent of surveyed veterans with a master’s degree or higher report they are extremely and very confident about finding a job. In comparison, only 36 percent of those with no more than a high school degree are confident about finding a position. A STRENGTHENED 67% EXTREMELY CONFIDENT • M easured veterans have felt relatively stable over time that the skills they obtained in the military are relevant to civilian careers SPRING 2015 Not only are most veterans confident in finding a civilian job, surveyed veterans are also optimistic in the success of their future employment. Nearly 70 percent are extremely and very confident that they will perform well in a non-military job. In contrast, female veterans, as in past surveys, reveal a lack of confidence as only 61 percent feel extremely and very confident about their success in a civilian job. VERY CONFIDENT The increasing confidence of veterans is reflected in statements about their transition to a civilian career. Most responses show either a stable or increased positive stance. 51% 47% SOMEWHAT CONFIDENT • A strengthened 67 percent feel prepared for their transition out of the military, compared to an average 56 percent since the first survey in the fall of 2011 • A lso showing improvement, the number of veterans who think veterans should receive preferential job opportunities due to their veteran status is decreasing, indicating a stronger sense-of-self • A solid 56 percent feel corporate recruiters will respect them for their time in the military, compared to an average 48 percent over the past several years FEEL PREPARED FOR THEIR TRANSITION OUT OF THE MILITARY COMPARED TO AN AVERAGE 56% SINCE THE FIRST SURVEY IN THE FALL OF 2011 JULY 2015 8 WOMEN VETERANS HAVE A POST 9-11 VETERAN POSITIVE INCOME COMPARISON A recent study by the Department of Veteran Affairs reveals encouraging economic comparisons for the most recent veterans. Post 9-11 veterans have consistently had a higher income earned through wages and salaries compared to their non-veteran counterparts. In 2013, post 9-11 veterans earned $39,294, over 11 percent higher than the average $35,264 earned by non-veterans with similar demographics. VETERAN VERSUS NON-VETERAN INCOME VETERAN $39,294 THAN THEIR NON-VETERAN COUNTERPARTS. NON-VETERAN $41,310 $35,264 17 PERCENT HIGHER MEDIAN INCOME IN 2014 $35,264 $44,332 $30,226 SOLID VETERAN JOB SEEKER ACTIVITY POST 9-11 FEMALES MALES All female veterans have a median income of $35,264, which is 17 percent higher than their non-veteran counterparts ($30,226). Male veterans, on the other hand, have a lower median income of $41,310 compared to their non-veteran counterparts ($44,332). SOURCE: DEPARTMENT OF VETERAN AFFAIRS,“2015 VETERAN ECONOMIC OPPORTUNITY REPORT.” VETERANS: PERCENT THAT AGREE WITH STATEMENT ABOUT SKILLS/PREPARATION FOR CIVILIAN CAREER SPRING 2015 AVERAGE SINCE FALL 2011 I feel that the skills obtained while in the military are relevant to civilian careers 69% 72% I am/was prepared for my career transition out of the military 67% 56% I feel veterans or those with prior military experience should be provided preferential job opportunities Corporate recruiters (will) respect me for my time in the military 65% Benefitting from strong confidence levels and economic conditions, veteran job search activity has remained stable. The Job Search Activity Index, which is a measure of veteran job search activity and use of job search resources, is stable at 74 on a 0-100 scale. The average score since the survey launch in the fall of 2011 is also 74. Job Search Activity Index by Segment • Male and female veterans each have an average index score of 76 over the course of the survey, showing female job search activity (72) is comparably low in spring 2015 • J ob search activity for the Northeast and Midwest regions popped up in the spring 2015 report, causing indices to rise to 77 and 75, respectively • T he South region historically reported strong job search activity, but its score fell to 73 in spring 2015 JOB SEARCH ACTIVITY INDEX BY SEGMENT SPRING 2015 72% 60 77 56% 75 48% 75 SPRING 2015 = 74 73 NORTHEAST REGION MIDWEST MALE REGION VETERANS SOUTH REGION 72 72 FEMALE VETERANS WEST REGION JULY 2015 9 Despite a drop in unemployed veterans - those unemployed fell to 18 percent compared with an average 34 percent since the fall of 2011 - veteran use and the rated usefulness of job search resources is expanding. Personal networks, online job boards, online/social networking, in-person job fairs, and government/ military transition programs are rated by at least three-quarters of veterans as somewhat to very useful. The ratings on these resources have each risen compared to the average over the last several years. The top job search sites veterans list as the most useful include Monster, Indeed, CareerBuilder, LinkedIn, and USAJobs. TECHVETS NETWORK VETERANS: USEFUL JOB RESOURCES In 2013, The Northern Virginia Technology Council (NVTC), the largest technology council in the nation, launched its Veterans Employment Initiative to support veteran employment in the national capital region’s technology community. Through www.NoVaTechVets.org, veterans are provided free access to tools and resources that match them with internships, jobs, mentorships, and certifications, while also providing support to NVTC member companies in their efforts to hire, train, and retain qualified veteran employees. SPRING 2015 AVERAGE SINCE FALL 2011 78% Online networking/ Social networks In-person job fairs 65% 79% 63% 84% 75% Online job boards Government/military transition programs In 2014, two additional sites joined NoVaTechVets creating the first ever network of veteran websites, the TechVets Network. Supporting veteran employment in the New England state is www. NewEnglandTechVets.org - a collaboration of the Massachusetts High Technology Council, the Red Sox Foundation, Massachusetts General Hospital Home Base Program, along with Monster and Military.com. NewEnglandTechVets is designed to connect veterans with technology employers and jobs throughout New England while supporting efforts to heal the “invisible wounds” of war as veterans re-enter the civilian workforce. 86% 78% Personal network (family, friends, etc.) 60% 74% In comparison, approximately half of employers note that online job boards and personal networks are the most effective recruiting channels to find veterans, followed by veteran-focused in-person job fairs. Over forty percent of veteran hirers do not participate in any veteran-specific recruiting initiative, while the remainder note their use of Hiring Our Heroes, 100,000 Jobs Mission, Joining Forces, and Yellow Ribbon/Hero2Hired. THREE-QUARTERS OF VETERANS RATE ONLINE NETWORKING AS USEFUL. The national veteran resource of the TechVets Network, www.USTechVets.org, was launched in 2014 as a collaborative effort of the Consumer Electronics Association (CEA), NVTC, along with Monster and Military.com. It is a free resource available to nine national technology associations and thousands of employers. The CEA is the technology trade association representing the $203 billion U.S. consumer electronics industry. More than 2,000 companies enjoy the benefits of CEA membership, including legislative advocacy, market research, technical training and education, industry promotion, standards development, and the fostering of business and strategic relationships. JULY 2015 10 Veterans have reported a decrease in the top challenges they face when job searching. “Finding a job that matches what I want” has been listed as the greatest obstacle in each of the past eight surveys. However, it is a diminishing challenge as evidenced by the lower spring 2015 response of 46 percent compared to the survey average of 57 percent. This is an extremely encouraging statistic and demonstrates that veterans feel optimistic about finding the jobs they want. VETERAN CONDITIONS VARY BY LOCATION VETERANS: JOB SEARCHING CHALLENGES Finding a job that matches what I want (e.g., salary, location, etc.) Having employers understand my skills and experience 57% 40% 48% 37% Communicating military skills and experience into non-military settings 36% Finding opportunities I want to pursue Each veteran has a unique experience as they transition to a civilian life and workforce. A key factor in their success is not only their personal network, but also economic and employment conditions in the area where they settle. 46% Finding career opportunities for which I am qualified 46% 45% 34% SPRING 2015 34% AVERAGE SINCE FALL 2011 When applying for a job, veterans believe it is critical to consider companies that market themselves as veteran friendly (90 percent). Fellow veteran employees and a veteran-friendly website are also among the most appreciated resources of a new employer. VETERANS: IMPORTANT WHEN CONSIDERING A NEW EMPLOYER Accustomed to a mobile life, a full 80 percent of measured veterans are willing to uproot and move for a job if the right opportunity is presented. Most are willing to relocate within their state (51 percent), 46 percent would consider relocating anywhere in the United States, and 45 percent would move within their local area. Veteran employment conditions fluctuate by state. The top 10 states with the largest veteran civilian labor forces have veteran unemployment rates ranging from 3.1 percent (Ohio) to 7.6 percent (Georgia), and most have veteran rates lower than non-veteran rates. UNEMPLOYMENT RATES IN THE TOP 10 STATES WITH LARGEST VETERAN LABOR FORCE - 2014 RANK STATE The company markets itself as veteran friendly 90% There are veterans who work there The company has a veteran-friendly website Some good news for veterans is that employer activity is increasing. Forty-four percent of measured employers, lower than in past surveys, do not have a veteran retention initiative in place. Over one-third (34 percent) have veteran affinity or support groups, and 33 percent have a veteran-specific mentoring program. Employers can take simple steps, as they would for any other new employee, to provide veterans with a positive work environment. 85% 84% The company has veteran affinity/support groups 81% The company has a veteran mentoring program 81% The company belongs to a national veteran initiative such as Yellow Ribbon, Hiring Our Heroes, Joining Our Forces, etc. 81% CIVILIAN LABOR FORCE* VETERAN UNEMPLOYMENT RATE NON-VETERAN UNEMPLOYMENT RATE 1 Ohio 395 3.1% 5.4% 2 Virginia 508 3.2% 5.2% 3 Texas 927 4.1% 4.9% 4 Pennsylvania 410 4.7% 5.6% 5 Florida 806 5.0% 6.3% 6 North Carolina 366 5.2% 5.9% 7 New York 392 5.8% 6.2% 8 Illinois 343 7.0% 6.8% 9 California 871 7.4% 7.3% 10 Georgia 405 7.6% 7.0% TOTAL U.S. 10,744 5.3% 6.0% Source: Bureau of Labor Statistics, 2014 *Number in thousands JULY 2015 11 VETERANS: IMPORTANCE OF LOCATION In 2014, USAA and Hiring Our Heroes commissioned a study to determine the top 10 places for transitioning servicemembers. Among the selection criteria were the overall unemployment rate, job growth trends, access to higher education, Certification/ License transfers, and health care resources. The top 10 cities were all located within 5 states - Ohio, Texas, Pennsylvania, Missouri, and Minnesota, which indicates the growing economic opportunities and the impact of veteran programs within these states. TOP VETERAN UNEMPLOYMENT RATES (UR) BY STATES LOWEST VETERAN UR HIGHEST VETERAN UR 1 North Dakota 1.4% Maryland 8.5% 2 Vermont 2.2% New Jersey 7.9% 3 Idaho 2.3% Georgia 7.6% 4 Louisiana 3.1% District of Columbia 7.5% 5 Ohio 3.1% California 7.4% RANK !! Source: Bureau of Labor Statistics, 2014 DIFFERENCE BETWEEN VETERAN AND NON-VETERAN UNEMPLOYMENT RATES VETERAN UR LOWER THAN THAN NON-VETERAN VETERAN UR HIGHER THAN THAN NON-VETERAN Mississippi -3.9% Maryland +3.1% Louisiana -3.4% Kansas +2.6% South Carolina -2.9% Colorado +1.4% Ohio -2.3% New Jersey +1.4% When it comes to where they choose to live, a steep 86 percent of surveyed veterans say it is somewhat or very important to live near a veteran hospital and a solid three-quarters (75 percent) say having a military base nearby is important. Female veterans feel much stronger than male veterans about having these facilities nearby. 86% 85% 95% 75% VETERANS HOSPITAL ALL VETERANS 75% 84% MILITARY BASE MALE VETERANS FEMALE VETERANS Those who feel very strongly about having either a veteran hospital or military base near-by also have a high-level of confidence in being able to find a job if they need to find one as well as a higher likelihood of looking for a job in the next year. Veterans must weigh the pros and cons of economic conditions, job opportunities, available veteran resources, and veteran communities as they decide on a home location. VETERAN RELEVANT AND EXPANDING SKILL SETS Over time, employers have reported a rising positive assessment of veteran work performance. In the spring of 2015, 86 percent, compared to a 78 percent average since the survey’s creation, said veteran skills are relevant to a civilian career. Further, 74 percent said veterans are prepared for a career transition out of the military, compared to a 57 percent average. Veterans bring a unique set of skills, especially desirable soft skills, to the civilian workplace. Top talents acquired in the military are touted equally by males and females and include: self-discipline, leadership, teamwork, attention to detail, calm under stress, ability to communicate, decision making, respect, confidence, and readiness to accept a challenge. Employers, when asked why they rate veterans as they do, also note many of these soft skills instead of dwelling on specific hard skills veterans learned during their military service. Responding employers ranked the military professions that they believe would most fit their company’s needs. Four of the top six professions – Administrative, IT, Operations, and Mechanics – are also listed as top professions by surveyed veterans. The top veteran military profession, Combat & Operations (17 percent), is notably not on the top employer list, showing the importance of job seeking veterans clearly emphasizing how their military skills translate to civilian jobs. JULY 2015 12 MILITARY PROFESSIONS: EMPLOYER NEEDS VERSUS VETERAN PROFESSIONS EMPLOYERS: WOULD MOST FIT COMPANY NEEDS VETERANS: PROFESSION IN MILITARY 1 Administrative Support & Personnel Combat & Operations 2 Computers & Technology Administrative Support & Personnel 3 Operations, Intelligence & Combat Support Operations, Intelligence & Combat Support 4 Maintenance & Construction Law Enforcement & Emergency 5 Logistics & Supply Computers & Technology 6 Mechanics Mechanics RANK Most veterans want to further their skills in the civilian world. The skills surveyed veterans are most interested in obtaining include: 1. 2. 3. 4. 5. Business Technology Foreign language Finance Personal (time management, stress management, etc.) In April 2015, The American Legion convened its second National Credentialing Summit in Washington, D.C. More than 30 experts on licensing and credentialing issues shared their insights and experiences with about 200 key decision-makers from businesses, associations, and agencies across the country. Topics included the best credentialing practices in health care and the transportation industry; the credentialing of servicemembers, veterans, and military spouses; and assessing the quality and value of credentials. The top five desired skills male and female veterans list are the same, though in slightly different order. Other top skills with notable gender differences include medical skills (12 percent males versus 21 percent females) and communication skills (12 percent males versus 18 percent females). How do veterans expect to garner these new skills? Excluding the seven percent that do not intend to obtain any more skills, nearly one-third (29 percent) plan to leverage on-the-job training, 28 percent will enroll in an education program for an advanced degree, and 25 percent will teach themselves. VETERANS: INTENDED MEANS TO OBTAIN FUTURE SKILLS On-the-job training 29% Enroll in college or program for advanced college degree 28% Teach myself 25% Enroll in community school classes 18% The GI Bill, an educational assistance program for veterans that provides money for tuition, books, and housing, has benefited over a million veterans since 2009. Of the surveyed veterans, 17 percent have not and do not intend to use the GI Bill. Veterans leveraging the GI Bill most often pursue associate degrees (35 percent) and bachelor degrees (35 percent) compared to graduate degrees (11 percent) and certificates (9 percent).2 VETERANS: USE OF GI BILL Yes, I used the GI Bill in the past 45% Yes, I plan to use the GI bill in the future Yes, I am currently using the GI Bill No 28% 20% 17% 2. Department of Veteran Affairs’ “2015 Veteran Economic Opportunity Report.” JULY 2015 13 ONGOING EMPLOYER SUPPORT Employers, those who have hired a veteran in the past year, have shown their consistent support to the veteran community over the course of the Veterans Talent Index. Nearly 100 percent say that veteran workers perform their job functions about the same or much better than non-veteran workers and nearly 100 percent would recommend hiring veterans. Employers who have a veteran hiring initiative in place stand a better chance of attracting veteran talent to their organization. While more employers are doing just that, 44 percent of those surveyed still do not have this type of program in place. This is an opportunity for growth because veterans responded that they seek out veteran friendly employers. Instituting a veteran hiring initiative is an effective way to attract quality veteran talent. Veterans are capable of filling a wide range of employee roles, though a majority of surveyed hirers have veterans in full-time roles (87 percent). Over one-third (35 percent) have veterans in part-time roles and less than one-quarter have veterans in paid internship and contract positions. JOINING FORCES. In 2011, First Lady Michelle Obama and Dr. Jill Biden came together to launch Joining Forces, a nationwide veteran employment initiative. Joining Forces has served as a rallying cry to all Americans to support service members, veterans, and their families through wellness, education, and employment opportunities. Joining Forces has worked collaboratively with the public and private sector to provide service members, veterans, and their families the tools they need to succeed in the transition to civilian life and beyond. The Employer Hiring Index, which measures employers’ level of hiring and motivation to hire veterans as well as an assessment of their work, is a stable 70 out of 100 points. The average score over the past eight surveys is 71. An increasing share of surveyed employers note that their organization has special talent needs that a veteran candidate would be more qualified to fill compared to a non-veteran. • In spring 2015, 43 percent of employer respondents note they had special talent needs compared to a 37 percent average since the survey’s inception in the fall of 2011 • N eeds can vary by region, as the Midwest (34 percent) has a lower demand for special skills, while the West region has a higher level (49 percent) • C ompanies note specific military talents in demand such as aviation, computer, or logistics knowledge, as well as soft-skills such as communication and discipline Also increasing, employers have heightened positive feedback of veteran work performance. Spring 2015 results compared to average response rates since April 2013 show that employers feel veterans have the same or faster career advancement, the same or better retention rate, and the same or lower job turnover compared to non-veteran workers. EMPLOYERS: RISING POSITIVE VETERAN FEEDBACK Employers rank the following veteran rates as "About the Same" or "Higher" than non-veteran rates 89% 80% 77% CAREER ADVANCEMENT RATES 72% JOB TURNOVER RATES SPRING 2015 66% 65% RETENTION RATES AVERAGE SINCE APRIL 2013 JULY 2015 14 LOOKING AHEAD Transitioning veterans enter the civilian workforce with a fresh perspective. They not only have been instilled with a military culture of hard work, organization, and dedication, but veterans also take with them years of military training, travel, and experiences. They have many assets to bring to their workplace. In February 2015, as part of a “Call to Continued Service” campaign, the Joint Chiefs of Staff authored a letter that will be given to each transitioning veteran to encourage them to share their assets and continue their service by getting involved in their new jobs and communities. A section from the letter reads:3 “While the transition to civilian life brings new challenges, the American public stands ready to welcome you home. As a veteran, your country still needs your experience, intellect, and character. Even out of uniform, you still have a role in providing for the security and sustained health of our democracy. No matter what you choose to do in your next chapter, you will continue to make a difference. The opportunity for leadership is yours…We trust that you will accept this challenge and join ranks with the business leaders, volunteers, and public servants in your communities.”4 While this campaign urges veterans to be involved and responsible as they move forward, there is an equal burden on employers. Survey research shows that employer commitment is solid: 86 percent of companies support hiring veterans, 79 percent note that veterans are a strategic initiative in recruiting veterans, and over 90 percent of employers surveyed report employees respect and are proud of their fellow veteran employees. However, there is always opportunity for improvement by challenging employers and employees to be open-minded and welcoming of transitioning veterans. 3 Pellerin, Cheryl. “Joint Chiefs Urge Former Service Members to Serve Their Communities.” U.S. Department of Defense. 2/3/15. http://www.defense.gov/ news/newsarticle.aspx?id=128101 4 Parker, Steve. “A Letter to All Transitioning Service Members.” White House Joining Forces’ Blog. 2/19/15. https://www.whitehouse.gov/blog/2015/02/19/ letter-all-transitioning-service-members U.S. Coast Guard photo by Petty Officer 3rd Class Ross Ruddell.1 NOVEMBER JULY 2014 2014 15 ABOUT MONSTER WORLDWIDE Monster Worldwide, Inc. (NYSE:MWW), is a global leader in successfully connecting people and job opportunities. Monster uses the world’s most advanced technology to help people Find Better, matching job seekers to opportunities via digital, social, and mobile solutions including monster.com®, our flagship website, and employers to the best talent using a vast array of products and services. As an Internet pioneer, more than 200 million people have registered on the Monster Worldwide network. Today, with operations in more than 40 countries, Monster provides the broadest, most sophisticated job seeking, career management, recruitment, and talent management capabilities globally. For more information, visit monster.com/about. ABOUT MILITARY.COM Military.com is the nation’s largest online military destination serving over ten million members, including active duty personnel, reservists, guard members, retirees, veterans, family members, defense workers and those considering military careers. 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