Vermont Business Magazine GlobalFoundries (Nasdaq: GFS), a global leader in feature-rich semiconductor manufacturing, announced that US Secretary of Labor Martin J Walsh recognized GlobalFoundries as one of the 849 recipients of the 2021 HIRE Vets Medallion Award. GlobalFoundries has a major manufacturing plant in Essex Jct, Vermont.
GlobalFoundries earned the Large Employer, 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.
“HIRE Vets is the only veterans hiring award at the federal level and its criteria allows for the highest level of recognition to employers who are committed to veteran careers,” said Emily Reilly, senior vice president and chief human resources officer, GlobalFoundries. “Veterans' skills align nicely with GF's high tech manufacturing environment. We will continue to invest and expand our efforts to hire and develop veterans."
GlobalFoundries 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; and 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 uncompromising 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.
There are different awards for large employers (500-plus employees), medium employers (51-499 employees), and small employers (50 or fewer employees). Additionally, there are two award tiers: platinum and gold.
GlobalFoundries® Inc. (GF®) is one of the world’s leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development and fabrication services. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. For more information, visit www.gf.com.
Source: Malta, New York, Tuesday, Nov. 16th – GlobalFoundries