Compliance with Section 503 and VEVRAA: Still Required
Recent changes in federal regulations regarding affirmative action have left many employers wondering what is going on with their other federal...
1 min read
Debra Milstein Gardner
:
Apr 4, 2023 3:58:30 PM
Effective March 31, 2023, the Annual Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) national hiring benchmark now stands at 5.4%.
The Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) requires federal contractors to take affirmative action to recruit, hire, promote and retain veterans.
Effective March 31, 2023, the Annual Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) national hiring benchmark now stands at 5.4%. Covered contractors required by VEVRAA to develop a written affirmative action program (AAP) must also establish a hiring benchmark for protected veterans every year, or adopt the national benchmark specified by the Office of Federal Contract Compliance Programs (OFCCP) annually.
Methods for establishing a hiring benchmark can be seen on the VEVRAA Hiring Benchmark Database.
For federal contractors and subcontractors who calculate individualized hiring benchmarks, state-level veteran availability data has also been updated in the VEVRAA Hiring Benchmark Database.
More information on VEVRAA requirements can be accessed on the VEVRAA information website.
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