Saluting Our Service Members

On Veterans Day, we reflect on the service that more than 21 million men and women have given to our country. About 1.3 million of them served during multiple wars, dating as far back as World War II.

Many veterans now work in a wide range of fields, from manufacturing and retail to transportation and the entertainment industry, as laborers, managers, and executives, according to U.S. Census data. The largest contingent of veterans, about 14 percent, works in public service or administration, which isn’t really surprising given its close relationship to military service.

 

Leaving Traditional Benefits Behind?

Offering workplace benefits such as health and retirement programs and paid vacations is a well established way to attract and retain talented workers. But the structure of these offerings has been changing in the public and private sectors over the past 20 to 30 years for several reasons, including rising pension debts; a more mobile workforce; and a move towards simplified administration of benefits.

 

Plugging up the ‘Brain Drain’

When long-term, experienced workers leave companies, they take their know-how with them. It’s called “brain drain” and it happens at organizations of all sizes and kinds, most notably companies with a large number of baby boomers getting ready to retire and industries that are restructuring. The newspaper industry comes to mind, as does manufacturing, as does the U.S. Postal Service.

 

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    Good day. I have in my possession a one cent inverted jenny postage stamp that my grandmother gave to me more than forty years ago among some other American stamps and from other countries. I would...
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