Last week, the Department of Labor (DOL) announced a new program under the recently signed HIRE Vets Act to recognize employers taking a proactive approach to recruiting and employing Veterans. When announcing the program, newly appointed Secretary of Labor Alexander Acosta said, “…veterans have a wide range of abilities that make them tremendous assets for the American economy and for any employer.”
Large employers can receive a Platinum or Gold level award, and there is a separate category for small to mid-size companies. The awards will be presented annually in conjunction with Veterans Day activities.
Considerations for the awards include:
- Establishment of Veterans’ assistance and training programs
- Percentage of employees who are Veterans and who are retained
- Employment of dedicated human resources professionals for Veterans
- Income and tuition support for Veterans
More information about the program is available in the DOL press release.