General Electric to step up for U.S. war veterans with 'Hiring Our Heroes' job creation | Economy | -- Your State. Your News.

Jul 04th
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General Electric to step up for U.S. war veterans with 'Hiring Our Heroes' job creation

Perry_Deb_02-15_optBY JOHN SOLTES

General Electric announced Monday, Feb. 13 that it plans to hire 5,000 veterans over the next five years in an effort to help them "integrate into the civilian workforce,” according to an official press release. Company executives released details on the ambitious initiative at a four-day summit in Washington, D.C., which looks to strengthen the country’s long-term economic and industry growth.

War veterans will also have the chance to take advantage of GE’s upcoming job fairs. The “Hiring Our Heroes” program will include 400 career events, some of them featuring hiring training and services.

In addition to the job fairs, GE will launch pilot healthcare programs in Louisville, Ky., and Erie, Pa., to offer the general public “better health at lower costs.” American nonprofits will also have the chance to compete for $10,000 each week as part of an interactive platform known as the “What Works Project.”

The global company plans to increase its engineering intern team by more than 5,000, and invest $580 million in its aviation business.

"American business can compete and win anywhere," GE Chairman and CEO Jeff Immelt said, according to the Los Angeles Times.

Immelt also serves as chair of President Obama's Council on Jobs and Competitiveness. Other members include Ursual M. Burns, chairwoman and CEO of Xerox; Steve Case, co-founder of America Online; and Kenneth I. Chenault, chairman and CEO of American Express.

Currently, GE, a global infrastructure, finance and media company, employs more than 10,000 veterans, several of them reservists currently serving overseas.


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