KKR Announces Vets @ Work
New Initiative Promotes the Hiring of Veterans across Portfolio of More Than 70 Companies
"Veterans have many of the most sought-after qualities employers look
for, including a strong work ethic, a commitment to teamwork, and strong
leadership skills," said
Data released last week by the
"These are staggering statistics, and when we were looking for a program
that combined our commitment to creating value at our private equity
portfolio companies with our desire to improve job opportunities for
veterans, we decided that Vets @ Work could truly make a contribution on
Several of KKR's portfolio companies currently have successful veteran
hiring programs, including Dollar General, which employs approximately
3,500 veterans and 100
"The startling disparity in the unemployment rate of military veterans
compared to the national average underscores not only the pressing need
for action, but also the size of the opportunity available to those
leaders in the private sector who are able to recognize the value of
bringing these highly qualified individuals into the work force," said
Prior to launching Vets @ Work, KKR had taken a number of steps to
promote the hiring of veterans across its private equity portfolio
companies. In July, KKR offered an HR leader training webinar to provide
training to the HR teams in its portfolio companies on how to find, hire
and retain veterans and on developing military hiring programs. As part
of this, the firm partnered with
KKR was also the lead private equity sponsor for the Veterans on
KKR also has a number of veterans working in a variety of roles at the
firm today, including individuals who served in the
- Accellent — Launched a "Military Friendly" Hiring initiative, including a new training initiative to better identify talent when reviewing a military resume.
General — Recently announced as a finalist for the US Chamber
of Commerce's "Hiring our Heroes" award (winner to be announced
November 10). "Hiring our Heroes" is a year-long nationwide effort, sponsored by the US Chamber of Commerceto help veterans and their spouses find meaningful employment.
Kodak — Participated in
September 12thVirtual Military Recruitment Fair — "Milicruit" and currently runs an internal group called VETNET, an association of Kodak employees, veterans and members of the community, offering resources for veterans, their families and supporters, that encourages employee support of veterans' issues and involvement in community projects.
Data — Launched an internal training program to
help recruiters better decipher military resumes and continue to
attend veteran and military career fairs in the locations with large
employee populations, such as
Omaha, New Yorkand Denver.
— Launched an internal veteran-focused hiring program to help
managers and recruiters understand military experience to match
veteran applicants to job opportunities at HCA. Serves on the
Veterans Employment Advisory Council(VEAC) for the US Chamber of Commerce's "Hiring our Heroes" program. Participating in numerous job fairs for veterans this year.
- Toys "R" Us — Attended multiple recruiting events, including four "Hiring our Heroes" events since June — scheduled to attend five more events through the end of the year.
US Foods— Helped build rewarding careers for veterans by partnering with Recruit Military and establishing relationships with local Veteran Employment and Disabled Veterans Outreach Representatives at local State Workforce Centers. Other partnerships include Catholic Charities Veterans Employment Service, American GI Forum, and Goodwill Industriesof Houston Veteran's Outreach & Employment Services, National Guard Job Connection Education Program (JCEP), and Nellis Air Force Base. US Foodsis also proud to serve more than 200 military related customers and base installations across the country.
Founded in 1976 and led by
Source: Kohlberg Kravis Roberts & Co. L.P.
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