Is there proof that hiring military veterans will increase a company’s bottom line? Actually, now it has been proven in a study of academic research by Syracuse University’s Institute for Veterans and Military Families (IVMF). The results of this study strongly link characteristics of veterans in general to enhanced performance and organizational advantage in the context of a competitive and dynamic business environment. In other words, “The academic research supports a robust, specific, and compelling business case for hiring individuals with military background and experience.”
The full report, titled The Business Case for Hiring a Veteran: Beyond the Clichés, can be found on the IVMF website. Here is the resulting list of proven veteran characteristics:
1. Veterans are entrepreneurial
2. Veterans assume high levels of trust
3. Veterans are adept at skills transfer across contexts/tasks
4. Veterans have (and leverage) advanced technical training
5. Veterans are comfortable/adept in discontinuous environments
6. Veterans exhibit high-levels of resiliency
7. Veterans exhibit advanced team-building skills
8. Veterans exhibit strong organizational commitment
9. Veterans have (and leverage) cross-cultural experiences
10. Veterans have experience/skill in diverse work-settings
To be sure, this study shows that the value of a veteran surpasses the generalizations of leadership ability and strong sense of mission that are the clichés of veteran characteristics. Although both are highly valued in a competitive work environment, the actual benefit that veterans bring to the workplace goes well beyond these generalizations.
What’s the bottom line for your company? Hire military veterans!