Companies across America are trying to find ways to adjust to new market dynamics and competitive forces, especially in the rapidly evolving tech sector. The key to success? Hiring the right people: employees who commit to a larger vision and thrive in adversity, even when objectives suddenly change-qualities that many companies find in military veterans.
The links between military service and science, technology, engineering, and math [STEM] occupations are strong. Veterans are more likely than civilian counterparts to work in STEM, particularly those without an associated bachelor's degree or any college degree at all. Veterans with a degree are more likely to have studied some field of computer science or organizational leadership.
Add strong leadership qualities to those tech skills and it is easy to understand that this talent pool is in high demand. In 2022, the annual average unemployment rate among 8.81 million veterans in the civilian labor force was just 2.8%.
But companies may not be getting the most out of these valuable employees. A recent LinkedIn report found that 33% of veterans are underemployed, and they are 15.6% more likely to be underemployed than nonveterans.
How can companies that are desperate for motivated, skilled workers ensure their veteran hires are fully engaged?
VETERAN-FOCUSED HIRING PRACTICES
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Denne historien er fra September 2023-utgaven av Fast Company.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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THE NEW RULES OF BUSINESS TRAVEL
In the era of hybrid teams, everyone is a road warrior-not just sales teams and C-suite execs. It's part of why business travel spending is expected to finally reach, and perhaps surpass, pre-pandemic levels by the end of the year, according to Deloitte. But, as with everything, work trips are not what they were in 2019. From airlines to banks, companies are finding new ways to make business travel easier-and even a little fun.
INTELLIGENT IMPACT
BUSINESS LUMINARIES SHARE HOW AI CAN INTERSECT WITH SOCIAL MISSION.
REDDIT'S REVENGE
IN AN ERA OF AI UPHEAVAL. THE CACOPHONOUS SOCIAL HUB EMERGES AS THE HUMAN-DRIVEN INTERNET'S LAST GREAT HOPE.
SO MANY WAYS TO LOSE
In the Ozempic era, Weight-Watchers is remaking itself to be something for everyone meal-plan program and a tele-health prescription service. But have consumers already lost their appetite?
10/10 - THE 10 MOST INNOVATIVE PEOPLE OF THE LAST 10 YEARS
In honor of Fast Company's 10th Innovation Festival in September, we identified 10 industrious leaders whose groundbreaking efforts defined the past decade in business. We spoke to them about their extraordinary achievements in tech, medicine, entertainment, and more. And we explored how the impact of their work has withstood passing fads, various presidential administrations, a pandemic, and many, many quarterly reports.
The Mysterious Reappearance of the Reggie Bar
How a beloved 1970s candy got called back up to the major leagues.
Gabriella Khalil
Gabriella Khalil, creative director, answers our career questionnaire.
The Fast and the Furious
High prices at McDonald's, Taco Bell, and other chains are sparking consumer revolt.
Lost in Truncation
Lost in Truncation Generative AI was supposed to unleash our creativity. Instead, it became our cultural trash compactor. Welcome to the age of summarization.
Campus Radicals
Welcome to UATX, Austin's new well-funded and controversial anti-woke university.
