Tuesday, April 3, 2018

OFCCP Lowers Hiring Benchmark for Veteran Affirmative Action Plans

On March 30, 2018, the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) announced that it was lowering the Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) hiring benchmark to 6.4 percent from 6.7 percent. The change applies to affirmative action plan (AAP) years starting on or after March 31, 2018.
The VEVRAA benchmark is a figure federal contractors must use to evaluate their hiring of protected veterans. Under VEVRAA regulations, contractors may either use OFCCP’s annual benchmark, which is based on annually updated data from the Bureau of Labor Statistics, or establish their own benchmark by following the five-factor method outlined in OFCCP’s regulations. Relatively few contractors elect to calculate a customized benchmark; most choosing to accept the national number published by OFCCP.
Read More Here

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