November, 11, 2021 – U.S. Secretary of Labor Martin J. Walsh recognized Banks Industrial Group as one of the 849 recipients of the 2021 HIRE Vets Medallion Award during a virtual award ceremony presented by U.S. Department of Labor. Banks Industrial Group earned the Gold Award after applying earlier this year. The Honoring Investments in Recruiting and Employing American Military Veterans Act (HIRE Vets Act) Medallion Program is the only federal award program that recognizes employers who successfully recruit, hire, and retain veterans.
We are also proud to note that the US Department of Labor has recognized our company for our veteran hiring practices for the third year in a row. We are one of only 849 companies to be recognized nationwide and one of only twelve in New Jersey for this honor.
Banks Industrial Group joins 848 other companies from 49 states, plus the District of Columbia, who have shown a commitment to hiring veterans, but also ensuring that they have a long-term career and growth plan that uses the diverse skills they acquired through their military service.
Recipients of the 2021 HIRE Vets Medallion Award meet rigorous employment and veteran integration assistance criteria, including veteran hiring and retention percentages; availability of veteran-specific resources; leadership programming for veterans; dedicated human resource efforts; pay compensation and tuition assistance programs for veterans. More than 1,400 employers have earned a HIRE Vets Medallion Award since 2018.
About the HIRE Vets Medallion Program: The HIRE Vets Medallion Award is earned by businesses that demonstrate unparalleled commitment to attracting, hiring and retaining veterans. The 2022 HIRE Vets Medallion Award application period will open to employers on Jan. 31, 2022. For more information about the program and the application process, visit HIREVets.gov.