TYSONS, Va.–PenFed Credit Union has received a designation as the Number One 2022 Military Friendly Spouse Employer and Military Friendly Brand in the non-profit category by VIQTORY Media.
PenFed also received recognition as a Top Ten Military Friendly Employer and for having a Top Ten Military Friendly Supplier Diversity Program.
The rankings were determined by analyzing public data and a proprietary survey from over a thousand companies. Final ratings were determined by combining an organization’s survey score with an assessment of the organization’s ability to meet thresholds for Applicant, New Hire Retention, Employee Turnover, and Promotion and Advancement of veterans and military employees.
“PenFed is honored to be recognized as a champion for the military community,” said PenFed President/CEO and PenFed Foundation CEO James Schenck. “Since 1935, we have served the national defense community and we will continue to recruit and hire veterans and military spouses as our firm grows.”
As part of an ongoing commitment to hiring and supporting the military community, PenFed operates a Military Employment Program focused on every phase of the employment lifecycle for all members of the military community – including veterans, military and surviving spouses, wounded warriors and their caregivers, Reservists and National Guardsmen.
In addition to spending 10% of its recruiting budget on hiring and retaining veterans and military spouses, PenFed collaborates with dozens of military employment organizations, as well as dozens of installation Transition Assistance Program offices, to enhance our military employment efforts.