Five Great Business Reasons to Hire Veterans
Thursday, July 23, 2009 at 02:51PM We have long championed that hiring veterans is the right thing for employers to do to say thank you to veterans for their service and sacrifice. We also recognize that, beyond patriotism, hiring a veteran has to be the right business decision for the employer.
Fortunately, there have always been these four great business reasons: 1) character; 2) skills & training; 3) diversity; and 4) security clearances – each of these could be the subject of a separate blog.
As a result of The American Recovery and Reinvestment Act of 2009, there is now a fifth great economic justification for employers to do the right thing; employers can take up to $2,400 for every qualifying veteran that they hire between now and December 31, 2010 (retroactive to January 1, 2009). To qualify, the veteran hired must:
- be discharged or released from active duty in the Armed Forces at any time during the 5-year period ending on the hiring date, AND
- be in receipt of unemployment compensation under State or Federal law for not less than 4 weeks during the 1- year period ending on the hiring date.
Contact us for more help navigating through this process.