2016 Annual VEVRAA Hiring Benchmark is 6.9 Percent
The United States Department of Labor just shared the following announcement:
OFCCP has published the 2016 Annual Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) Benchmark on its Web site based on data released by the Bureau of Labor Statistics (BLS) on March 4, 2016. The benchmark – 6.9 percent – is effective as of that BLS release date.
Contractors who adopted 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. Going forward, the effective date for the Annual VEVRAA Benchmark will match the date that BLS publishes the data from which OFCCP calculates the Annual VEVRAA Benchmark – around the beginning of March.
Effective dates for all Annual VEVRAA Benchmarks are available at: http://www.dol.gov/ofccp/regs/compliance/AnnualVEVRAABenchmarkEffectiveDates.htm
National and state information has also been updated in the VEVRAA Benchmark Database for federal contractors and subcontractors who calculate an individualized hiring benchmark using the five-factor method. The VEVRAA Benchmark Database is available at: https://ofccp.dol-esa.gov/errd/VEVRAA.jsp
For more information about VEVRAA requirements, please visit http://www.dol.gov/ofccp/regs/compliance/vevraa.htm, or contact the OFCCP Help Desk, at 1-800-397-6251 (TTY: 1-877-889-5627) or online, at http://www.dol.gov/ofccp/askofccp.htm.