Why successful employment programs are looking at hiring tools and resources for these overlooked sources.
In today’s talent-scarce market, mid-market companies are increasingly leaning on their employee referral programs to drive quality hires. One Midwestern logistics company’s strategy is paying off – with up to 40% of new hires stemming from employee referrals. But what if these programs could do more than just fill open roles? What if they could tap into an underutilized yet immensely talented workforce: military-connected individuals?
Veterans bring a unique set of skills: from leadership and teamwork to adaptability and technical expertise, making them an invaluable addition to any workforce. However, connecting with these individuals often requires intentional outreach. By integrating a military-focused referral solution, companies can empower their teams to build bridges to veteran talent pools. These platforms not only streamline referrals but also reward employees for expanding the company’s reach into military networks. The result? A rare triple-win for the company, the referring employee, and the veteran hire.
Technology is at the heart of modern talent acquisition, and AI-powered tools are changing the game. Imagine a system that can parse job descriptions for transferable skills, notify candidates about suitable openings, and even track referral bonuses – all while syncing seamlessly with existing workflows and Applicant Tracking Systems. Such tools don’t just make recruitment more efficient; they create a more inclusive hiring process tailored to diverse candidate backgrounds, including veterans. The added bonus? Real-time data insights to track the impact of military hiring initiatives.
Investing in veteran hiring programs may feel like a challenge, especially as 2025 budgets get finalized. However, tax credits for hiring veterans can offset expenses, making it a smart financial move. Even if immediate hiring isn’t feasible, laying the groundwork now – through partnerships or employee resource group initiatives – can position companies for success when budgets open up.
Ultimately, an effective employee referral program, tailored to attract military talent, is more than a recruitment tool: it’s a strategy for building a stronger, more diverse workforce. By leveraging technology, fostering partnerships, and embracing the value veterans bring, mid-market companies can not only fill open roles but also set themselves apart as destination employers for military-connected talent. The result is a more inclusive, innovative, and mission-driven organization.
