The way people work and the work people do are changing. To keep pace, employers will need to consider more expansive hiring approaches, including recruiting from overlooked populations and shifting toward skills-based hiring. This is where military veterans can make a difference, write McKinsey’s Scott Blackburn, Charlie Lewis, and coauthors in a new article. Veterans represent a source of labor potential that is untapped relative to the breadth of experience and depth of skills that they acquire and develop during their service. And the economic potential of unleashing the value of veterans’ work experience could be almost $15 billion over a ten-year period. On Veterans Day, check out these insights to explore the complex employment picture for military veterans, including in jobs and industries that will be most affected by automation and generative AI, and dive deeper on the future of work in America.
From the military to the workforce: How to leverage veterans’ skills
A military veteran knows why your employees are leaving
Generative AI and the future of work in America
Right skills, right person, right role
An approach to boosting US labor productivity
Human capital at work: The value of experience
Author Talks: Empower employees, reduce turnover
Taking a skills-based approach to building the future workforce
Attracting and retaining the right talent