About six months ago I was in a morning staff brief that my unit holds daily and we were notified about some major changes that where going to take place within the year. One of these changes was the massive consolidation of our troops in both the Army and the Marines. I know that for the Army they were projecting that over 20% of our troops were going to be released from their service. The majority of them would be the enlisted and NCOs with maybe 5% being Officers.
My first thought when I heard this was, how are they going to make a living outside of the Army. For many of the enlisted and NCOs that joined after 9/11 they come into the Army right after high school. This means they probably have little to no experience working a civilian job.
Now looking back a few years to March 18, 2010, President Obama signed the new Hiring Incentives to Restore Employment Act (HIRE) into law. This federal legislation created brand-new tax breaks for hiring and retaining unemployed workers “veterans”. Under the HIRE Act (2010), an employer is effectively excused from paying its share of the 6.2 percent tax on wages received by qualified employees.
When they say qualified employees they really meant veterans. In the bill, the 6.2% tax break was for hiring and qualified veteran. President Obama saw the trend that was happening when we’ve sent a whole generation to fight two wars back to back within a decade and made a positive step in helping the reintegration process for our veterans. This act ended at the beginning of 2011 and we haven’t seen anything like it since. We need to give American companies more incentives to hire our fighting men and women who would be a valuable assett to any company if given the chance to perform.