The Office of Federal Contract Compliance Programs (OFCCP) recently announced the annual Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) benchmark for hiring protected veterans has been lowered to 6.9%. The decreased benchmark is down just slightly from the prior year’s benchmark of 7%. It was also clarified that “Contractors who implemented the previous year’s national benchmark of 7 percent after March 4, 2016, but prior to this announcement may keep their benchmark at 7 percent.”The 6.9% quota is based on data released by the Bureau of Labor Statistics (BLS). The OFCCP stated future benchmarks will coincide with the annual date (typically in March) that the BLS publishes the data used by OFCCP to determine the VEVRAA benchmark.The OFCCP offered these resources for Federal Contractors:
- Annual VEVRAA Benchmark Effective Dates– A chart updated annually for contractors who have chosen to set a VEVRAA hiring benchmark
- VEVRAA Benchmark Database– Offers information regarding the establishment of hiring benchmarks and provides access to the national and State data that contractors may need to determine their benchmarks
- The New Regulations: Vietnam Era Veterans’ Readjustment Assistance Act– For additional information on VEVRAA requirements
If you have any questions regarding this update, the VEVRAA regulations, or need assistance with your affirmative action plan, please contact CRI at email@example.com.