The Private Sector Is Now Working Towards Helping Our Veterans! Read I

The Private Sector Is Now Working Towards Helping Our Veterans! Read It HERE!

April 15, 2016

The Private Sector Is Now Working Towards Helping Our Veterans! Read It HERE!

Business Wire has created an amazing article about these three companies encouraging the private sector to increase their involvement in helping our veterans. Read here what JPMorgan Chase, Starbucks, and Shultz Family Foundation are doing to help our heroes!

The day opened with ABC News Anchor and Correspondent Martha Raddatz moderating a conversation on corporate leadership in Veteran employment and engagement with former Secretary of Defense Dr. Robert Gates and former U.S. Army Chief of Staff General Raymond Odierno. Both leaders now serve as advisors to Starbucks and JPMorgan Chase respectively. Additional panels and breakout sessions aligned across three themes:

1. Empowering companies by promoting military talent employment and retention strategies

2. Catalyzing partnerships between Veteran service and civic organizations to create a full spectrum of solutions

3. Breaking through the traditional Veteran narrative to reframe Veterans as civic assets and citizen leaders in their communities

Researching Veteran Employee Retention

JPMorgan Chase, on behalf of the Veteran Jobs Mission, has commissioned CNAS to conduct research regarding:

  • The hiring and retention of Veterans
  • The performance of Veterans
  • Obstacles or barriers impeding Veterans’ economic performance
  • The economic contributions by Veterans to their organizations and society

The morning of the convening, CNAS began conducting surveys with Veterans, HR representatives, and business leaders. Corporate retention data will also be reviewed to identify aggregate trends. The findings, expected by the close of 2016, will help to illuminate challenges and opportunities around retaining top Veteran and military talent within the private sector.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. By focusing on employment, financial capability and small business, JPMorgan Chase aims to position military members, Veterans and their families for success in their post-service lives. To learn more about the company’s efforts, visit JPMorgan Chase & Co.'s website!

About Starbucks Commitment to Veterans and Military Spouses

Starbucks believes veterans bring considerable teamwork and leadership experience and are poised to be the next generation of America’s leaders. The general public, however, may not be able to fully understand and appreciate what veterans offer. We must work to ensure veterans are successfully transitioning back to civilian life through meaningful career opportunities. To this end, in 2013 Starbucks committed to hiring at least 10,000 veterans and military spouses by 2018. To date, Starbucks has surpassed the halfway mark of its hiring commitment, with more than 6,500 veteran and military spouse hires. In pursuit of its goal to help bridge the divide between military and civilian communities, Starbucks is also partnering with like-minded companies, nonprofits and government organizations to create successful transitions for military members and their spouses. Read more on Starbucks Newsroom, here.

About Schultz Family Foundation

Since 2000, the Schultz Family Foundation has focused on unlocking potential in populations facing temporary barriers to success, including disconnected youth and Veterans. The Foundation’s latest commitment to Veterans follows a commitment made by Starbucks in November to hiring 10,000 Veterans and military spouses over the next five years. For more information about the Foundation and its work, click HERE!

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