Navient joins other companies in ringing the opening bell on Veterans Day

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NavientIn marking Veterans Day, Wilmington-based Navient will join more than 20 companies today in ringing the opening bell at Nasdaq. Navient employees will also march in the Veterans Day Parade in New York City.

Organized by Nasdaq, the Veterans Day Opening Bell ceremony is part of an effort to recognize publicly traded companies that have pledged to make hiring veterans a commitment this year. Somsak Chivavibul, chief financial officer for Navient, will participate in the event.

“On Veterans Day, it’s important to show our deep appreciation for those who have worn the uniform and those who continue to serve the country on our behalf,” said Chivavibul. “More importantly, Navient remains committed to our pledge to hire and support veterans every day.”

Navient was recognized as a Military Friendly Employer from the publisher of G.I. Jobs magazine. Navient is also a member of the Veteran Jobs Mission, a coalition of companies committed to hiring U.S. military veterans and military spouses. Navient employees will march with the coalition in the annual Veterans Day Parade. The parade steps off at 11:15 a.m. from Madison Square Park and proceeds north on Fifth Avenue to 56th Street.

Clem Straker, a corporate compliance director, is one of the employees who will march in the parade.

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“Hooah!” said the U.S. Army veteran. “It’s a real honor to represent Navient and other companies who are hiring vets and supporting us on the job.”

To help job-seeking veterans, Navient attends several military hiring events each year. A specialized veterans career site features a skills matcher that allows applicants to login to their LinkedIn account and easily find job openings that match their background, education and experience.

In addition to actively recruiting and hiring employees with military experience, Navient offers benefits to employees serving in the National Guard or Reserves. Navient’s emergency military leave benefit allows employees to continue serving their country while working at Navient. 

The company’s Veterans Resource Group provides recognition, mentoring and development of veteran employees from the time they’re hired and throughout their employment at Navient. Veterans can take advantage of job-based training, tuition reimbursement and various development programs.

As the nation’s largest student loan servicer, Navient also has support and resources available to service members with student loans. Navient hosts a military financial education online course and navient.com/military, a website for military members and their families. A military benefits team is specially trained to assist military customers.

According to an employee survey, more than half of Navient employees have either served in the military themselves or have an immediate family member who has served. 

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