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TheStreet Open House

Walmart To Train And Hire 100,000 Veterans Over The Next Five Years

Stock quotes in this article: WMT

BENTONVILLE, Ark., April 30, 2013 /PRNewswire/ -- Today, Walmart U.S. CEO and U.S. Navy Veteran Bill Simon participated in the Joining Forces Employment Announcement with President Obama, Vice President Biden, First Lady Michelle Obama and Dr. Jill Biden at the White House.

Mr. Simon made the following statement regarding Walmart's Veterans Welcome Home Commitment and the White House Joining Forces Initiative:

"We greatly appreciate the President and First Lady Obama and the Vice President and Dr. Biden's leadership on creating opportunity for veterans. It's an important effort, and it's making a difference.

"The private sector is stepping up for our heroes, just as they have stood for us. Every company in America has benefited from the service and sacrifice of our men and women in uniform.  Sadly, too many of those who fought for us abroad now find themselves fighting for jobs at home.

"It's up to us to right this – and to put our veterans back to work.  And let's be clear: hiring a veteran can be one of the best decisions any of us can make. Veterans bring to the private sector that seriousness and sense of purpose that the military instills. These are leaders with discipline, training, and a passion for service. Our nation has invested in their skills and it shows.

"So earlier this year, Walmart announced we will offer a job to any honorably discharged veteran within his or her first twelve months off active duty. We project that Walmart will hire and train more than 100,000 veterans over the next five years.

"Since then, we have been building the systems to launch this effort on Memorial Day. Today, I'm pleased to share we've set a goal of a 30 day hiring process for veterans seeking direct job placement -- 30 days from job application to job offer. And we believe the vast majority of applicants will be placed within 30 days.

"We've also been reaching out to other companies. When we announced our commitment, the First Lady's team immediately expressed an interest in working with us and the entire business community to build on our pledge through the Joining Forces Initiative. 

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