Future Union's report on veteran employment offers a unique approach to grading the companies that demonstrate the greatest dedication and transparency to assisting service members. In launching the first-of-its-kind rubric, the goal is to deliver actionable information to America's service members and veterans by re-imagining the veteran employer-ranking system fusing accountability with transparency.
SAN FRANCISCO, CA / ACCESSWIRE / July 9, 2024 / Future Union is proud to announce its third annual ranking of the top private sector veteran employers. This ranking is the culmination of a distinctly different methodology, fusing transparency in data with rigorous standards of evaluation in grading employers on their hiring of veterans.
Future Union prioritizes actionable information by focusing on the fidelity of the data in a rubric combining a weighted-scoring system with actual employment progress. The goal is to highlight the best private sector corporate efforts to recruit, train, and empower current and former military service members, their spouses, and families, not merely to succeed but to thrive. With a focus on transparency and action, Future Union aims to democratize the process - and the data - of success and achievement in veteran employment, emphasizing the companies that go beyond their peers in helping veterans reach their potential.
In a statement, Andrew King, Executive Director of Future Union said:
"The latest report shows how numerous firms have emerged as exemplary leaders in advancing the mission of recruitment and retention of veterans in specific sectors. In the past three years, this project revealed the progress, and challenges, in the private sector programs designed to help veterans, especially with regard to corporate diversity. Thus, we applaud the advances that private employers are making in assisting veterans in transitioning from service to the private sector, with the specific 30 honorees setting the standard for advancement in 2024."
"Yet this is not about gratuitous statistics, the main takeaway is that companies that prioritize veterans are rewarded with some of the most talented, team-oriented, capable and successful prospects of any talent pipeline. And those companies that neglect to devote sufficient resources at the outset, which is a commitment to ensure our veterans succeed, miss out on the highest quality leaders, often with exceptional upside and untapped potential."
Craig Cummings, Co-Founder and General Partner of Moonshots Capital, added, "Veterans need and deserve transparency in future employment options in preparation for leaving military service. Future Union's index shines a spotlight on the sometimes vague methodology of other rankings. Having clear and reliable rankings helps with recruitment - it is a national priority that I hope all companies embrace. This is a win-win proposition."
The report, which includes top-tier employers such as CVS Health, Fiserv, AT&T, The Home Depot, and JPMorganChase, showcases companies that go above and beyond in their commitment to veterans. Future Union evaluated more than 1,000 of the largest employers using an equal baseline methodological framework utilizing publicly available reporting information, setting it apart from other evaluators.
By highlighting the top veteran employers, Future Union aims to inspire other companies to enhance their veteran hiring initiatives through transparency and fidelity to the needs of service members transitioning to the private sector.
Click here to access the report. For more information on Future Union's third annual ranking of top veteran employers, please visit our website at www.futureunion.co
About Future Union:
Future Union is a new type of bipartisan advocacy and data analytics organization focused on catalyzing the private sector to support democratic-capitalism in the coming clash between democracy and autocracy, and empowering our veterans' long-term success. We are a collective of venture capitalists and investors, business executives, and national security leaders making a difference for the next generation. Future Union's annual report highlights the top employers for veterans, elevating and giving credit to those employers making strides and impact in transparently hiring and elevating veterans. Our goal is to continually recognize and celebrate the companies that lead the way in veteran employment, encouraging others to follow their lead.
Methodology:
The key factors contributing to a company's ranking on the third annual Top Employers for Veterans evaluation were the transparency of its statistical data, as well as the level of improvement from prior periods as articulated in published financial filings, and publicly available information.
Future Union's third annual ranking highlights the dedication of companies hiring veterans in the transportation, technology, healthcare, financial services, energy, and consumer-retail sectors. These industries were well-represented in the ranking, demonstrating their commitment to supporting veterans.
Future Union's ranking is based on verified data collected from financial statements, corporate responsibility reports, diversity, equity, and inclusion reports, diversity reports, impact reports, websites, and publicly disseminated press releases.
Companies were evaluated on a point system, with the ranking reflecting their commitment to supporting veterans with unquestioned data. The top-ranked companies have a significant percentage of veteran employees as well as targeted programs for the veteran population, showcasing their dedication to hiring and empowering veterans.
Contact:
media@futureunion.co
www.futureunion.co
SOURCE: Future Union
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