Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Corporates identify strengths of Australia's veterans

rs  defence

Westpac has released new data highlighting the leadership and strategy skills possessed by Aussie veterans that enable them to excel in the business environment. 

Westpac has released new data highlighting the leadership and strategy skills possessed by Aussie veterans that enable them to excel in the business environment. 

The LinkedIn Veteran’s Skills Data Set, conducted in collaboration with Westpac ahead of the Invictus Games Sydney 2018, identified the top 12 skills Australian leaders look for in employees, with the findings demonstrating that veterans over index on all identified skills. 


Of these skills, the core capabilities where current and former Defence Force members significantly over-performed included program management (six times national average), change management (three times national average) and leadership (over twice the national average).

Despite this, every year more than 5,500 personnel leave the Australian Defence Force and face unemployment and under employment rates significantly higher than the national average.

George Frazis, Westpac’s consumer bank chief executive and a former engineer in the Royal Australian Air Force, has experienced first-hand how the skills developed through military service can translate to a long-term business career.

"Every Defence receives exceptional leadership training; they know how to work in cross-functional teams in an agile manner and are extremely strategic and resilient. Veterans work hard and understand how to deliver on a mission and be motivated by a higher purpose," Frazis said. 

Westpac actively recruits former Defence members and currently employs more than 400 veterans and their spouses. A dedicated recruitment specialist is on hand to support veterans and partners throughout the hiring process at Westpac, with revised HR policies also working to ensure the unique and valuable skills of veterans are recognised in career development pathways. 


Once they join the organisation, a dedicated internal employee action group (EAG) made up of veterans, reservists and partners of current serving ADF members, continues to support their career trajectory.

"Supporting our returned military into work isn’t just the right thing to do, it makes good business sense. I hope this data, along with our support of the Invictus Games, will provide a platform to start a broader conversation with corporate Australia about the positive impact veterans can make in the workforce," said Frazis.   

Tom Larter, chief executive, Australia New Zealand for WithYouWithMe (WYWM), a veteran training and employment provider, believes that the high unemployment and underemployment rate for veterans is due to a lack of understanding of how to navigate the civilian job market.

"We see many veterans struggle to get the opportunity to show employers their potential, often getting overlooked at the initial CV stage for candidates with more direct experience. The issue is actually twofold – with employers often not understanding the skills a veteran can bring to their workplace," Larter explained. 

Both Westpac and WYWM are optimistic that the highly anticipated Invictus Games Sydney 2018 will shine a light on the challenges faced by veterans when transitioning to civilian life, including unemployment. 

Westpac will host an interactive virtual game, Mission Dust Storm, which aims to showcase veterans' invaluable skills to the public outside the event’s main venue, Sydney Olympic Park, from Monday, 22 October to Saturday, 27 October.

Corporates identify strengths of Australia's veterans
lawyersweekly logo

Key decision-makers and stakeholders within the defence industry will converge at the inaugural Defence Connect AIC Summit for 2021 to discuss improving Australian Industrial Capability to increase the nation's sovereign production, defence capability and resilience. Register your interest to attend today! Limited spaces available. Learn more

more from defence connect

NZDF uniforms
Jun 23 2021
ADA awarded contract to supply NZDF uniforms
ADA will establish its New Zealand headquarters in Palmerston North, after the New Zealand Defence Force awarded it the Wearables ...
Jun 23 2021
Captain Cook Dry Dock recognised as national landmark
The Captain Cook Graving Dock at Sydney’s Garden Island, built during World War II, has been recognised as a National Engineerin...
Jun 23 2021
Northrop Grumman tests new ‘Terracotta’ sensor
The global defence contractor has completed a flight test demonstrating its new sensor technology. ...