As it has done annually since its inception, OFCCP has released a new veteran hiring benchmark. Effective March 31, 2022 the new veteran hiring benchmark (the percentage of total hires who are protected veterans that the contractor seeks to hire in the following AAP year) is 5.5%. This is a 0.1% decrease from the
Veterans hiring benchmark
National Veteran Hiring Benchmark Reduced to 7 Percent
By Laura A. Mitchell on
Posted in Regulatory Update
Utilizing 2014 Bureau of Labor Statistics (BLS) year-end data, OFCCP has revised the VEVRAA hiring benchmark to 7 percent – down from the current 7.2% mark. Pursuant to the revised veteran regulations, covered contractors and subcontracts must either adopt the national benchmark, or set their own using the proscribed five-factor method, for each establishment.…