Walmart sticks to soldier commitment
Walmart is now more than 80 percent of the way to reaching its goal to hire 250,000 veterans by 2020.
The company announced that it has hired more than 206,000 veterans and promoted more than 30,000 to roles with higher pay and greater responsibility.
“As we approach the Labor Day holiday, I’m reminded that work is a beautiful thing, and for transitioning veterans, finding that sense of purpose is often lost after separation from service,” said retired Brig. Gen. Gary Profit, senior director of military programs at Walmart. “Veterans shouldn’t have to worry about finding employment, so Walmart is here to help service members figure out their new path through civilian life and, for many, start their careers as we’ve seen with the 30,000 promoted since the launch of the Commitment.”
The company introduced the Veterans Welcome Home Commitment with an initial goal to hire 100,000 veterans by the end of 2018. In May 2015, Walmart revised its goal to hire 250,000 veterans, including veterans hired within the Welcome Home Commitment as well as other veterans hired by Walmart, by the end of 2020. Walmart also changed the eligibility under the Welcome Home Commitment from within 12 months of active duty, to any veteran who has been honorably discharged since the announcement of the commitment in May 2013.
To strengthen support of veterans as they reintegrate into their local communities, Walmart and the Walmart Foundation invested $20 million over five years beginning in 2011, in job training, education and innovative public/private community-based initiatives. After fulfilling the $20 million commitment early in 2015, they announced an additional $20 million investment. While Walmart and the Walmart Foundation have completed the $40 million commitment, the company claims that they will continue to make investments that strengthen systems and communities to help military veterans and their families.
Walmart employs over 2.2 million associates worldwide.