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1 minute read

Why hiring veterans makes for smart business in Finance

Vets Bring Unique Traits That Can Benefit Every American Employer
Jennifer Azara
by Jennifer Azara
March 19, 2021
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Hiring veterans for your finance team and your workplace as a whole can give you a major competitive advantage.

Vets bring some unique and important traits that can benefit American businesses. Now more than ever.

Veterans are no strangers to uncertainty and volatility. Which sounds an awful lot like the business conditions we’re in now.

Even better: They can understand the ultimate goal, then pivot where necessary and tackle setbacks, while never compromising the larger mission.

This case was recently made by Alex Gorsky, CEO of Johnson & Johnson, a veteran himself. He spoke to more than 1,000 attendees last fall at Financial Executives International’s Corporate Financial Reporting Insights 2020 Virtual Conference.

Breaking stereotypes about veterans

You may have to work to disavow some folks of long-held stereotypes about veterans. How many of these have you heard?

Veterans are …

  • rigid
  • hierarchical, and
  • resistant to change.

But in reality, asserts Gorsky, they are:

  • team-focused
  • accountable, and
  • agents of change.

Vets also have a tremendous capacity to learn. In the military they’re always training on something new.

Setting veterans up for success

All that makes a solid case for hiring veterans for your team. So how do you make them feel a welcome part?

Gorsky recommends three steps to help them transition from military to corporate worlds:

  1. Offer structured training from the start. Military folks have a huge capacity to learn, but they’re used to formalized training.
  2. Draw them out in meetings. In the military, meetings are for listening to the officer. Help them get talking and participating.
  3. Make ‘em part of the team fast. Vets thrive at being part of a team. The sooner you give them a role, the faster they’ll be their best.
Jennifer Azara
Jennifer Azara
Jennifer has covered business and finance for more than 24 years. She has written for CFOs, credit and collections professionals and accounts payable practitioners and has spoken at industry conferences on sales and use tax compliance.

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Resourceful Finance Pro, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.

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