On June 16, the Office of Federal Contract Compliance Programs (OFCCP) announced a new benchmark for the Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) of 6.9%, slightly lower than last year’s benchmark of 7%.
Under VEVRAA, federal contractors can use the OFCCP national benchmark to assess the effectiveness of their outreach programs for hiring veterans—or they can use their own benchmark as provided by 41. C.F.R. § 60-300.45(b)(2). If a contractor calculates its own benchmark, it must consider the following factors:
- The average percentage of veterans in the civilian labor force for the state where the contractor’s establishment is located for the previous 3 years.
- The number of veterans who participated in the employment service delivery system in the state where the contractor’s establishment is located over the previous four quarters.
- The applicant ratio and hiring ratio for the contractor’s establishment for the previous year.
- The most recent assessment of the effectiveness of the contractor’s outreach and recruitment efforts.
- Any other factor, such as the nature of the job openings or the facility’s location, that would tend to affect the availability of qualified protected veterans.
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