Recently, LinkedIn released its “Veteran Opportunity Report,” a list of data that serves to better understand the reality of transitioning veterans into the workforce. The data shows that Veterans are more likely to have a college education, more work experience, and a lower turnaround rate than those who have never served in the military.
These are all ideal qualities for job hiring and yet military veterans are still having a difficult time securing jobs due to the myths about hiring veterans. In fact, the same LinkedIn report stated the unemployment rate of veterans has increased by a whopping 34 percent. However, educating yourself and being aware of the myths are some of the first steps to understanding why military veterans can be some of the best employees for a company, regardless of what the company specializes in.
Myth #1: Veterans don’t have proper work experience
Yes, the culture on the battlefield is different from the culture at home, but military personnel are trained in several areas that result in trusted and efficient employees. In the military, the consequences of mistakes and the criticalness of executing orders are much higher than that of the workplace. Veterans are trained on how to properly ensure that their missions are carried out carefully and efficiently, which transfer over to completing workplace tasks and duties. Many also believe most veterans do not have the mental health to keep a job, but this, as the LinkedIn data show, is incorrect, as they stay at their jobs longer than those who have not served.
Myth #2: Veterans don’t have the capacity to be leaders
This need for attentive, efficient workers also transfers over for a need of management. Managers undergo a significant amount of stress, while trying to manage a group of employees. Veterans on the battlefield also undergo the stress of managing those they are in charge of, but at the risk of bigger stakes and stresses. Veterans are already used to a much higher level of stress when it comes to managing others, which gives them even more of an advantage when they manage employees with a lower level of stress. In fact, veterans are 70 percent more likely to take leadership roles than those who have not served.
Myth #3: Veterans Have a High Turnover Rate
In fact, the opposite is true. LinkedIn’s Report states veterans are actually more likely to stay with their companies for 8.3 percent longer than an employee who has not seen military culture. They are also 39 percent more likely to be promoted in filling larger roles than their counterparts.
It can be hard to know if an individual can take on a needed position, especially when rumors and misconceptions fly around on an entire culture. But taking a look at the data and experiences of veterans can help potential employers to understand how efficient their businesses can be if they hire the ones who know how to lead and succeed.