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06/26/2012 11:00 AM

Money Matters: Companies recruiting veterans

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Former servicemen and women have valuable skills and experiences that transfer well to everyday business, and companies are eager to recruit these skilled personnel.

"When they are coming into your business whether in finance, logistics, supply, IT and engineering, they have the skill sets. They've been trained, and they've been vetted," Evan Guzman said.

Guzman runs the Military Recruiting Program at Verizon, a company that currently employs about 12,000 veterans across the U.S.

Sean Collins, Director of G.I. Jobs, emphasizes that it is key to craft a resume that showcases your experiences and relates them to civilian jobs.

"Like leading diverse teams of people, like rapid decision making and a large amount of accountability at a young age, those are skills to leverage for your job search," he said.

The U.S. government offers a tax credit of up to $5,600 for hiring a veteran, or up to $9,600 for hiring a veteran with a service-related disability, but these tax incentives are not the only motivator behind the trend.

"They are staffing and funding these veteran hiring programs not out of charity, but because they know that it is a strategic advantage that is going to help their company to grow," Collins said.

Find out more on the story in the video above.