The U.S. Department of Labor’s (DOL) Office of Federal Contract Compliance Programs (OFCCP) recently announced the Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) hiring benchmark for 2023. Effective March 31, 2023, the hiring benchmark will be 5.4 percent, slightly down from 5.5 percent in 2022. This benchmark is an annual goal for the percentage of hires who are veterans at each affirmative action plan (AAP) establishment.
VEVRAA requires contractors with written affirmative action programs (AAPs) to either establish hiring benchmarks for protected veterans each year or to adopt the OFCCP’s annual national benchmark. As a result of this requirement, contractors must compare the percentage of their employees who are protected veterans in each of their establishments to whichever hiring benchmark they use. Contractors can use these comparisons to assess the effectiveness of their veteran outreach and recruitment efforts.
For further resources and information, visit OFCCP’s VEVRAA resources page. For AGC resources, visit AGC’s Labor & HR Topical Resources library and select “EEO” as the main category and “Affirmative Action/EEO” as the subcategory. You must be logged in as an AGC member to access all the materials.
For more information, contact Claiborne Guy at claiborne.guy@agc.org or 703-837-5382.