Prudential Financial, Inc. (NYSE: PRU) announced today that it has earned the 2014 Military Friendly Employer® title by Victory Media,
for the fourth consecutive year.
“We are delighted to once again be named a Military Friendly Employer® in recognition of our deep commitment to helping veterans’ transition from the military back to civilian life,” said Barbara Koster, senior vice president and chief information officer at Prudential and head of the company’s Veterans Initiatives. “Prudential is proud of the leadership role it plays in encouraging Corporate America to establish programs that help veterans find meaningful employment after their military service. For us, hiring veterans is a crucial element of our talent acquisition strategy.”
Raymond Weeks, vice president, Prudential Veterans Initiatives and a Marine veteran, said that the company employs veterans across its domestic businesses in entry- to mid-level positions and above. He added that the company offers a variety of programs that help military veterans transition to the workforce, including VETNet, a business resource group that connects employees who are veterans and gives them professional development, mentoring and networking programs, events and opportunities.
In 2010, Prudential partnered with Workforce Opportunity Services and Rutgers University, Newark to develop VETalent, a work/study program that educates, trains and provides employment opportunities to enlisted veterans transitioning from the military. Prudential now operates the program in Dubuque, IA; Dresher/Ft. Washington, PA; Jacksonville, FL; and Hartford/Shelton, CT in cooperation with WOS and local four-year colleges and universities. Since its launch, VETalent has been adopted by other companies, including Sealed Air, Johnson & Johnson, Horizon Blue Cross of New Jersey and Merck.
“The 2014 Military Friendly Employers® represent the preeminent tier of companies with strong military recruitment programs and meaningful job opportunities for transitioning service members and spouses seeking civilian employment,” said Sean Collins, vice president for Victory Media and a nine-year Navy veteran. “Our Military Friendly Employers® constitute the group of companies actually moving the needle and hiring from the military community. The 2014 Military Friendly Employers reported hiring over 117,000 service members and spouses over the last 12 months, representing an average of 14 percent of total new hires.”