Today marks the 75th anniversary of the D-Day invasion of Normandy, France. Operation Neptune, as it was called then, was the largest seaborne invasion in history. Casualties were numerous, and many of the invasion's objectives weren't met on the first few days. But eventually, D-Day would be seen as a turning point of World War II.
Very few of those who participated in the D-Day invasion are still with us, and those who remain are hopefully enjoying a comfortable retirement. But small businesses can still honor the sacrifice of the thousands that died that day by hiring younger veterans. Here are a few things to consider.
Most employers want to hire vets because they know they will be getting a quality employee and it's the right thing to do. But it's also nice to get financially rewarded for doing the right thing. And there may be state and federal tax advantages for hiring and retaining veterans.
Responsibility, maturity, and coping mechanisms that help make for successful employee; just a few of the character traits that veterans bring to law firms or any other small business. But recruiting and hiring vets is only part of the plan. As Derek Bennett writes in the Harvard Business Review, managers should also "take a hard look at their own onboarding programs and assess whether or not they're meeting the needs of veterans."
If you currently have veterans on your payroll, there's a chance they could be redeployed or re-enlist. This is especially true for Reservists and National Guard members. As an employer, you should be well-versed in the legal protection servicemembers have when called to military duty.
You should hire vets because you want to. And we discussed the added tax benefit, or the carrot, so to speak. But there also is a stick. The Uniformed Services Employment and Reemployment Rights Act (USERRA) is a federal law that prohibits discrimination based on past, current, or future military obligations.
And if you're a veteran looking to start your own small business, or perhaps an entrepreneur considering putting a veteran in charge, there may be more loan opportunities to take advantage of.
If you want to create a veteran-friendly environment at your small business, talk to a local employment attorney today.