First Data Named #1 Employer for Veterans and Military Spouses by Military Times
May 15 2017 - 4:29PM
Business Wire
First Data (NYSE: FDC), a global leader in commerce-enabling
technology, was recognized as the #1 company on the Military Times
annual “Best for Vets: Employers 2017” list. Military Times bases
its annual rankings on veteran employee onboarding processes,
company training, Guard and Reserve member policies, and military
spouse support. In 2015, First Data debuted at number 18 on the
list of 74 companies.
“This is a tremendous honor for First Data and reflects the
significant commitment we have made to support our nation’s service
members and military families,” said Frank Bisignano, Chairman and
CEO of First Data. “Our hiring efforts have placed veterans and
military spouses at every level of the company, and we work
tirelessly to support veteran-owned businesses through innovative
tools to help these business owners thrive long after returning
home from service.”
“The Best for Vets designation and logo cannot be bought. Only
earned,” said George Altman, the Military Times editor in charge of
the rankings. “The companies on the Military Times Best for Vets
list earned their rankings through determined efforts to recruit
and support service members, veterans and military families. These
efforts deserve recognition from the country and should get the
attention of veterans looking for a new career.”
First Data’s veteran initiative is centralized under First Data
Salutes, an enterprise-wide approach that includes recruiting and
hiring veterans and military spouses. As part of the program, First
Data has implemented a series of new recruitment and employee
experience processes, increasing the number of veteran and military
spouse hires by more than 10 percent. First Data has an affinity
group to support military-affiliated employees which has grown 450%
since its debut in 2014.
First Data Salutes also focuses on supporting veteran
entrepreneurship goals through providing veteran-owned businesses
with best-in-class payment technology. In partnership with the
Institute for Veterans and Military Families at Syracuse University
(IVMF), First Data launched the Coalition for Veteran Owned
Business (CVOB) and Center of Excellent for Veteran
Entrepreneurship (COE) to support veteran and military spouse
entrepreneurs. The CVOB is comprised of industry leaders who are
committed to offering innovative solutions, thought leadership, and
a national platform to support military spouse and veteran-owned
businesses, entrepreneurs, and suppliers. The COE provides
resources to advance entrepreneurial opportunities for
transitioning service members, veterans, and their families.
Last year, First Data also began partnering with the New York
Mets to sponsor the “veteran of the game.” At each home game, a
Mets player presents a veteran with an American flag that flew over
Citi Field while a video showcasing the soldier’s achievements is
played. The initiative is one of the many ways First Data works to
support veterans both inside and outside of the office.
In addition to the Military Times accolade, First Data was
recently #3 on DiversityInc’s 2017 “Best Company for Veterans”
list. The company was also recognized as the “2016 Outstanding
Large Employer of the Year” by Disabled American Veterans.
About First Data
First Data (NYSE: FDC) is a global leader in commerce-enabling
technology and solutions, serving approximately six million
business locations and 4,000 financial institutions in more than
100 countries around the world. The company’s 24,000
owner-associates are dedicated to helping companies, from start-ups
to the world’s largest corporations, conduct commerce every day by
securing and processing more than 2,800 transactions per second and
$2.2 trillion per year.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170515006679/en/
First DataLiidia
Liuksila212-515-0174Liidia.Liuksila@firstdata.com
First Data (NYSE:FDC)
Historical Stock Chart
From Mar 2024 to Apr 2024
First Data (NYSE:FDC)
Historical Stock Chart
From Apr 2023 to Apr 2024