Wal- Mart pledges to hire more than 100,000 American veterans

Wal- Mart stores, the world’s largest retailer, announced today, January 15, 2013, that it plans to support America’s military by hiring more than 100,000 veterans over the next five years.

Reuters Financial reported that Wal-Mart CEO Bill Simon plans to offer positions to veterans who were honorably discharged and that the roles may include working in distribution centers, Sam’s Clubs, and other areas of the retail operation.

Simon stated that hiring veterans is not only a nice way to honor those who have served the country, it also makes good business sense: “Hiring a veteran can be one of the best business decisions you make…veterans have a record of performance under pressure. They're quick learners, and they're team players. These are leaders with discipline, training, and a passion for service. There is a seriousness and sense of purpose that the military instills, and we need it today more than ever", Simon stated.

Wal- Mart has spoken to First Lady Michelle Obama has received the blessing of the White House. Michelle Obama has said that a veteran who fights for the country should not come home and have to fight for a job. She supports the initiative and is hopeful that Wal- Mart’s lead will encourage other businesses to do the same.

Simon spelled out the hiring plan at the National Retail Federation's (NRF) annual conference in New York. The plan has already received mixed responses. Some like the idea and appreciate Wal- Mart’s willingness to help veterans find employment. Others have criticized the plan as nothing more than a distraction from the real Wal- Mart problem of low- paid workers with few or no benefits.

Wal- Mart plans to start the veteran hiring plan, which covers veterans who are within 12 months of ending their active duty, on Memorial Day, 2013

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, Houston Finance Examiner

Bryan Carey is a financial professional with an MBA in Financial Management and more than twenty years experience working in the accounting, finance, and management fields. He has served as a corporate Controller, Financial Analyst, Financial Services Representative, Accounting Manager, and...

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