In observance of Veterans Day, Walmart has hired more than 20,000 veterans since the launch of its Welcome Home Commitment earlier this year on Memorial Day.

"We are proud of the progress that has been made to this point, and we applaud other companies that have made their own hiring pledges, including most recently Starbucks, in what truly should be a national effort," said Bill Simon, Walmart U.S. president and CEO and U.S. Navy veteran.

Walmart recruits veterans into positions that best match their skills and professional goals, from immediate jobs in stores and clubs to long-term careers.

The company expects its commitment to result in the hiring of more than 100,000 veterans over the next five years.

"Today we're reinforcing our pledge to hire, learn from and support our military heroes in every way we can, whether it's recruiting veterans or reuniting military families during the holidays. Through their service, our troops give us a land of freedom. We will keep doing our part to give them a land of possibility," said Simon.

The Walmart Foundation is committed to giving $20M through 2015 to help veterans and their families prepare for successful civilian lives through job training, transition support and education.

Walmart also gave a holiday gift of a $2M donation to Operation Homefront and Fisher House to provide toys, meals and lodging to military families in greatest need of support this year. The donation will also help hundreds of active duty service members come home for the holidays.

"It is because of partners like Walmart that we are able to honor our commitment to provide year-round emergency financial assistance to the families of our military members and wounded warriors. Not only are our military families dealing with the challenge of deployment and separation from loved ones, but they're also confronted by difficult economic situations like many Americans. In fact, this year alone, we've seen requests for emergency financial assistance triple over historical levels. We are proud of our partnership with Walmart, and through our combined efforts we can make this time of year much more meaningful for thousands of military families," said Jim Knotts, Operation Homefront president and CEO.

Walmart is one of the largest private employers of veterans in the country. Its workforce includes more than 100,000 veterans and another 150,000 associates who are part of veteran and military families.

If you would like to make a donation and salute Fisher House's "Sponsor a Family" program click here.  

If you would like to make a donation and salute Walmart military families this holiday season click here.