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The values a veteran brings to a company
Data Shows Veterans are a smart hire. Veterans have gone through the world’s foremost leadership development program – THE U.S. MILITARY. Leadership is in their DNA. They are disciplined, trainable, mission-driven, team-oriented, and accustomed to performing in high stress situations.
THEY STAY LONGER.
Veterans stay with their initial companies 8.3% longer than nonveterans.
THEY GET PROMOTED FASTER.
Veterans are 39% more likely to be promoted earlier than nonveterans.
Veterans are 160% more likely than nonveterans to have a graduate degree or higher.
Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) is a Federal tax credit available to employers for hiring veterans who have consistently faced significant barriers to employment.
The Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) retroactively reauthorized WOTC for a five-year period, from January 1, 2015, to December 31, 2019. The WOTC fact sheet offers an overview of key information about the tax credit.
For additional information about WOTC and eligible target groups, click here.