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Culture

Be All You Can Be? Does The Military Fast-Track Your Career?

Source: https://www.reveliolabs.com/blog/7ci6lgx0maa9vn39jop29oo8qle7as

For years, the US military has promoted the idea that the armed forces is an effective launching pad to leadership positions. We wanted to dig into this presumption and explore whether those with military backgrounds really get more senior positions once they enter the corporate world.

By tracking the careers of both veterans and non-veterans, we see how military service affects seniority when compared to civilians. Among civilians, seniority is highly dependent on the university that someone attended. Below is a ranking of universities by the seniority attained, compared to veterans from different branches of the United States Armed Forces:

To take this a step further, we explore the effect of military experience on seniority, compared to the seniority that could have been attained by college alone. In the chart below, on the left, we see the seniority that would have been attained without military experience, in terms of equivalent universities. On the right, we see the seniority that is actually attained, in terms of equivalent universities:

Takeaways:

  • The highest levels of seniority are generally achieved by the highest ranked universities: MIT, Harvard, etc. Yet the military puts up a strong fight, in some cases outperforming Ivy League and other top-tier Universities.
  • The best-performing branch of the Military is the Air Force, achieving similar career growth as graduates of Yale and the University of Pennsylvania. The Marines also perform well and achieve higher positions than veterans of the Navy and the Army.
  • The quality of universities attended by veterans are quite similar across all major branches of the US Military. This suggests that the seniority advantage of the Air Force is more likely explained by the training received, rather than selecting stronger candidates. The advantage is about as large as the difference between attending a State School vs an Ivy League.

To learn more about the data behind this article and what Revelio Labs has to offer, visit https://www.reveliolabs.com/.

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Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Advan

Advan provides hedge funds and institutional investors with unmatched insights into both foot and vehicle traffic to enable better investment decisions. Using precise, manual geofencing, it has the most extensive and accurate location data, available in seconds through an intuitive, self-service dashboard. Its institutional-grade analytics allow fast and actionable insights into customer behavior and corporate activity.

Advan is headquartered in New York City. For more information please visit www.advan.us