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Invest in Minnesota’s Veterans

Posted on August 20, 2013 at 10:00 AM
Tags: Employment

HireMNVet2013Billboard

“Hire Minnesota’s Veterans”…  Perhaps you saw this campaign highlighted on a billboard while driving through the Twin Cities, read about it in the paper, or caught it on the evening news. Governor Mark Dayton proclaimed July “Hire a Veteran Month” to create awareness among Minnesotans of the tremendous talent pool that exists among the Veteran population right here in Minnesota. Even though July and “Hire a Veteran Month” have come to a close, the opportunity and the need for Minnesota companies to invest in Veterans remains great.

Apply Veterans Preference

Minnesota is one of two states where private, nonpublic employers may grant preference in the hiring and promotion of Veterans. This statute, MN Statute 197.4551, was passed in 2012. Visit the State Laws section of MinnesotaVeteran.org for more information.

Hire Veterans Under the On-The-Job Training and Apprenticeship Program

Consistently, employers state that they can teach the skill to do the work needed, but they cannot find leaders. This is where Veterans rise above their peers: a 24-year-old Veteran has led and trained others, worked as a team, made tough decisions under pressure and been held accountable. Additionally, all Veterans now have the opportunity to use either state or federal educational benefits while working in an approved OJT/apprenticeship program. For additional information on this program visit MinnesotaVeteran.org and click on Employment under the Benefits and Resources tab or contact the MN State Approving Agency at SAA@state.mn.us.

Earn Work Opportunity Tax Credit for Hiring Veterans

The Work Opportunity Tax Credit (WOTC) is a federal tax credit available to all private-sector businesses as an incentive to employers to hire workers in certain groups who consistently experience high rates of unemployment. Veterans are among this group. This tax credit allows employers to reduce their federal tax liability by up to $9,600 per new hire. For additional information on the WOTC contact the Department of Employment and Economic Development, WOTC Unit at DEED.WOTC@state.mn.us or call (651) 259-7507.

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