Each year approximately 14,000 people leave the UK military.
These include personnel with a broad range of professional skills and experiences – including engineers, drivers, chefs, nurses, project managers and technology experts. All super scarce skills.
And whilst its risky to assume what the Chancellor’s going to include in the budget, there’s been several hints dropped around a new one-year employer NICs holiday from April 2020 for employers that hire people within one year of leaving the armed force.
This comes on the back of several Government departments now offering guaranteed interviews for ex-military.
Many employers already have programmes in place to hire ex-forces people – either for philanthropic reasons or to bring in the talent with specialist skills.
If we look to the US, this practice is much more advanced, with most major employers having highly visible veteran recruitment initiatives.
These vary from niche programmes – Cisco has developed a conversion programme specifically to support military technologists to transition into civilian life. And at a volume level, PeopleScout works with Walmart and supported them to hire 250,000 veterans in 2019.
If you’re looking to broaden your sourcing channels it may be even more worthwhile to take another look at ex-service people.
What might the Budget bring? 2019 was an extremely unusual year – the first without a Budget for at least 120 years. However, it has now been confirmed that we will eventually have a Budget on 11 March. What might be announced at this Budget that would of interest to employers? In this article we take a look at some possibilities based on the Conservative party manifesto and most recent Queen’s Speech. It should of course be remembered that the below are just predictions, and some surprises always remain possible. Chancellors have in the past been known to pull a few rabbits out of their hat, especially when they have a comfortable majority in Parliament.