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Current as of October 02, 2022 | Updated by FindLaw Staff
(a) Gold Award. To qualify for a large employer gold HIRE Vets Medallion Award, an employer must satisfy all of the following criteria:
(1) The employer is a large employer as specified in § 1011.015 of this part;
(2) The employer is not found ineligible under § 1011.120 of this part;
(3) Veterans constitute not less than 7 percent of all employees hired by such employer during the prior calendar year;
(4) The employer has retained not less than 75 percent of the veteran employees hired during the calendar year preceding the preceding calendar year for a period of at least 12 months from the date on which the employees were hired;
(5) The employer has established an employee veteran organization or resource group to assist new veteran employees with integration, including coaching and mentoring; and
(6) The employer has established programs to enhance the leadership skills of veteran employees during their employment.
(b) Platinum Award. To qualify for a large employer platinum HIRE Vets Medallion Award, an employer must satisfy all of the following criteria:
(1) The employer is a large employer as specified in § 1011.015 of this part;
(2) The employer is not found ineligible under § 1011.120 of this part;
(3) Veterans constitute not less than 10 percent of all employees hired by such employer during the prior calendar year;
(4) The employer has retained not less than 85 percent of the veteran employees hired during the calendar year preceding the preceding calendar year for a period of at least 12 months from the date on which the employees were hired;
(5) The employer has established an employee veteran organization or resource group to assist new veteran employees with integration, including coaching and mentoring;
(6) The employer has established programs to enhance the leadership skills of veteran employees during their employment;
(7) The employer employs a dedicated human resources professional as defined in § 1011.005 of this part to support hiring, training, and retention of veteran employees;
(8) The employer provides each of its employees serving on active duty in the United States National Guard or Reserve with compensation sufficient, in combination with the employee's active duty pay, to achieve a combined level of income commensurate with the employee's salary prior to undertaking active duty; and
(9) The employer has a tuition assistance program to support veteran employees' attendance in post-secondary education during the term of their employment.
Cite this article: FindLaw.com - Code of Federal Regulations Title 20. Employees' Benefits § 20.1011.100 What are the criteria for the large employer HIRE Vets Medallion Award? - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-20-employees-benefits/cfr-sect-20-1011-100/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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