As a human capital management provider, we believe that employability — helping people access the skills and opportunities they need to succeed — is a critical social and business imperative.
As a human capital management provider, we believe that employability — helping people access the skills and opportunities they need to succeed — is a critical social and business imperative. As ADP has reported every month, the U.S. labor market has experienced an unprecedented seven years of growth that has brought us to near full employment. During that period, the U.S. private sector added more than 15 million jobs. As the labor market tightens, identifying new sources of talent with the right skills becomes critical to the sustained growth of our economy.
When I think about how ADP helps to deliver success to our employees, clients and the communities we serve, addressing these talent and employment challenges is crucial. To do so, we offer products and services that help clients hire, retain and train their people and for our employees, we provide education, job skills training, mentoring, and career assistance to help them unlock their potential to find and maintain fulfilling employment.
One source of great talent in this tightening labor market is our veteran community. Our veterans are incredibly resilient and possess great leadership, great management, and innovative problem-solving skills that businesses today need to succeed. In 2015 we began a targeted effort to build an integrated hiring and onboarding program for veterans which has been highly successful. In our first year, we achieved a 400 percent increase and now have more than 1,000 veterans employed. Our plan is to more than double that by 2020 through three key initiatives:
Creating an Inclusive Environment: We are training hiring managers on how to effectively translate military skills to business skills, helping them better understand the value a veteran can bring to our corporate culture.
Engaging Our Veteran Employees: We have established veteran mentoring circles at many of our office locations and have focused heavily on increasing membership and engagement in our Business Resource Group: Military Strong. In the past year, this group has tripled its size to more than 1,000 members.
Establishing Strategic Partnerships: We now work closely with groups like Hiring Our Heroes, the United Service Organization, and the Military Spouse Employment Partnership Program to become more connected with the veteran community and grow our candidate pipeline.
We are proud of our efforts to increase employment of veterans and are lucky to have these talented individuals contribute to our culture and overall business success.