Hiring veterans is good business: USAA CEO

foxbusiness.com:

USAA CEO Wayne Peacock discusses the transition from military to civilian life and the skills veterans bring to the workforce.

This Veterans Day comes as the country prepares for change, to usher in President-elect Donald Trump in January, but the message for those who served our country remains unchanged.

«We’re asking folks at 11 a.m. ET on Veterans Day to reach out, whether you reach out by phone or reach out personally, and just connect with a veteran in your network. Building that community is so important,» USAA CEO Wayne Peacock told FOX Business. 

«We're going to be supporting anyone who wants to help us and join ‘Face the Fight’ and match their donations dollar for dollar as we continue to build a great coalition and really make an impact on veterans' suicide,» he added. Suicide rates among veterans are 57% percent higher than the national average.

USAA, the leading financial services firm serving 13.5 million members of the U.S. military and veterans, will also match up to $1 million in November.

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«Less than 20% of folks who leave the military actually retire. So, they're leaving, and then they've got a huge transition to make,» says USAA CEO Wayne Peacock. (Raychel Brightman/Newsday RM via Getty Images)

Another way to support veterans is to hire these men and women after their military careers.  

«Less than 20% of folks who leave the military actually retire. So, they're leaving, and then they've got a huge transition to make,» Peacock said while encouraging corporate America to do more.

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Veterans and others carry a large American flag while marching in the Veterans Day Parade in New York City on Nov. 11, 2016. (Spencer Platt/Getty