Through our Deloitte Military Transition and Talent Programme,
we know the benefits of employing veterans first hand, yet it is
clear that for many UK businesses, the benefit of such schemes is
Our latest report, launched in collaboration with the Forces in Mind
Trust (FiMT) and the Officers' Association, highlights some of
the challenges faced by UK veterans entering employment and the
significant benefits organisations can realise by recruiting from
the veteran talent pool.
Across the country, three in ten businesses admit they have not
even considered employing veterans. While the majority claim to be
more open minded, 60% of businesses rule out recruiting someone if
they have no industry specific experience. There are roughly
700,000 veterans currently in employment, over half find themselves
in routine, low-skilled or low-paid jobs. It is an alarming waste
This is the first in a series of
One Million Future's reports which address the challenges
faced by many people in the UK in accessing education, training and
employment and how we overcome these barriers to unlock the full
potential of groups of 'hidden talent' within our
Our key findings
Organisations that have employed
veterans are very positive about the value they bring – 72%
of organisations with active ex-military recruitment programmes
would definitely recommend employing veterans
More than half of organisations that
have employed veterans say they tend to be promoted more quickly
than their workforce in general
Many of the skills that veterans
possess are in areas where organisations are experiencing gaps
– for instance around a third of the medium and large
organisations we surveyed have skills gaps in strategic management,
managing and motivating staff, team-working, positive attitude and
There is a persistent lack of
understanding of the key skills that veterans possess – only
66% of large and medium organisations perceive veterans as having
good communication skills, whereas this is a key strength
highlighted by organisations who have actually employed them
Veterans still struggle to gain a
foothold in civilian employment – although 71% of medium and
large organisations say they would consider employing veterans,
only 39% would employ someone with no industry experience.
The report calls on policymakers to find a better balance
between the short-term, tactical objective of placing Service
leavers into employment, with the long-term alternative of
developing veterans' transferable skills and vocational
qualifications. As well as improving the collection of veteran
data, the study recommends policymakers consider a national
strategy and commission for veterans' employment, working
alongside the Defence Skills Strategy. This would help to ensure
that both the spirit and the letter of the Armed Forces Covenant
are followed and that members of the armed forces are recognised to
be beneficial for UK business.
Chris Recchia, Deloitte partner and lead for Deloitte's
Military Transition and Talent Programme commented,
We have a collective responsibility to get this right. The
framework for veterans to gain employment is in place but we want
to build on the work already done. It is not just about the push
from veterans into corporate life, it should also be about the pull
from organisations who recognise what veterans have to offer. There
is a huge opportunity to fully employ veterans' skills and
experience, our research demonstrates that employing veterans is an
act of business, not charity.
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