W2 Issues/Concerns

  • This field is for validation purposes and should be left unchanged.

Blog

Check out our weekly blog posts and see the latest news and discussions happening in the HR world of business.

Atten-hut! Veterans Bring Skills; Financial Incentives

Here at Abel HR we love military veterans; having them on our client’s staff and our own team. After all, our own fearless leader – Jim Bell Sr. – is a Navy veteran himself (that’s him in the picture ). From his years as a service member to building Abel HR from the ground up into the successful PEO that it is today, he is living proof that soldiers who have served in the armed forces can have extremely successful careers in civilian life.

When you are searching for a new hire, it’s sometimes hard to see how a veteran with tactical skills training such as helicopter piloting instead of sales training could possibly help you sell a product and serve clients. However, what you need to remember is that as diverse as the jobs in the military can be, service members all share one commonality: they have all undergone intensive and extensive training in many disciplines that can be advantageous to any business owner.

Below are just a few of the perks of hiring a vet:

Leadership: “The military trains people to lead by example, as well as through direction, delegation, motivation and inspiration,” according to Miltary.com. I think we can all agree that these are traits any company would be thrilled to have in a new hire.

Teamwork: You probably don’t know the meaning of teamwork until your life depends on your ability to work cohesively with other people; this is a foundation of military life.

Accelerated learning: When you enter the armed forces, you are trained from the ground up – usually several times over to meet the evolving needs of your platoon. Most veterans emerge from their military careers with a bevy of transferable skills and the ability to pick up new skills quickly.

Ability to perform under pressure: As part of military training, recruits are taught how to perform their job under pressure, and often times with limited time and resources. Chances are unless YOUR company is in a war zone, any veteran can handle whatever the workday might throw at them with grace.

Dependability: Someone who signs up to serve their country – and fulfills that commitment – has demonstrated that they are dependable and accountable. They understand what it means to sign on to perform a service and they dedicate themselves to getting the job done, no matter how rough the assignment may be.

Bang for your buck: On top of all these personal traits, we should also note that there can be a financial incentive associated with hiring vets. A peek at the Veteran’s Affairs website tells us that some employers may be eligible to participate in the Special Employer Incentives (SEI) program, which provides assistance to employers who hire Veterans. Under the program, you can be connected to qualified vets who can perform a specific role in your company.

As a condition of their participation in the program, they are expected to stay with the company and you are handsomely rewarded with reimbursement for up to half of the Veteran’s salary for the first six months of their tenure to cover supplies, equipment, instruction/onboarding expenses, and “any loss of production” associated with their hiring.

Companies that hire veterans are also eligible for special tax incentives under the Work Opportunity Tax Credit, Returning Heroes Tax Credit now provides incentives of up to $5,600 for hiring unemployed veterans, and the Wounded Warriors Tax Credit doubles the existing Work Opportunity Tax Credit for long-term unemployed veterans with service-connected disabilities, to up to $9,600.

Abel HR’s experts can walk you through everything you need to do to hire and train one these amazing American heroes while taking advantage of these incentives.

With all of these amazing perks in place, you just might be asking yourself why you haven’t hired an entire staff of former military members. July 25 actually marks National Hire a Veteran Day – an entire day dedicated to helping the brave men and women of our armed forces who have left the service find the perfect civilian job.

Hiring a veteran or any new team member is easy with Abel HR’s human resource experts by your side. Ask us how at (800) 400-1968 or info@abelhr.com.

 

[pro_ad_display_adzone id="4020"]

Featured BLOGS

  • Should you opt for a PEO or a payroll company?

    Joe Frazier versus Muhammad Ali, Boston Red Sox versus New York Yankees. Green Bay Packers versus Chicago Bears. PEO versus payroll companies. Well, turns out one of these things are not like the other and not just because they don’t involve sports teams and packed stadiums, but rather because there really isn’t any rivalry, per se, between a PEO company and a payroll company. You see, while they both help you offload some of your HR responsibilities, they function in entirely different ways. A payroll company really dials in and takes over just one facet of the human resources world.

  • HR how-to: Do you have a gift giving policy?

    While you’re still nursing your turkey hangover, we’ve been busy thinking about the holiday season ahead and while it’s sure to be full of festive cheer, it’s also a season ripe for some rather large HR pitfalls. Take the good ol’ holiday gift. Whether it’s a secret Santa, a white elephant, a Yankee Swap, or any other name for a holiday exchange, it is one holiday tradition that definitely could be helped by the addition of a gift-giving policy. What are the rules? (of the gift giving, not the game, obviously!) Make it voluntary: The holiday period can be tough

Archives

FSA | Commuter New Employee Abel Portal Time Clock