The Office of Federal Contract Compliance Programs (OFCCP) announced that the national military veteran hiring benchmark for the next 12 months is 5.2 percent.
The veteran hiring goal for federal contractors covered under the Vietnam Era Veterans’ Readjustment Assistance Act of 1974 (VEVRAA) went into effect March 31. The benchmark—which represents the national percentage of veterans in the civilian labor force—slipped from the 5.4 percent it had occupied for the previous 12 months.
OFCCP Issues 2024 Benchmark for Veteran Hires
SHRM | Apr 2024
The agency that oversees affirmative action obligations for federal contractors just released its 2024 Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) hiring benchmark. Effective March 31, the new benchmark is 5.2%, which is a 0.2% decrease from 2023.
New Veterans’ Hiring Benchmark Takes Effect: Federal Contractor Agency Makes a Nominal Decrease for 2024
Fisher Phillips | Apr 2024
As a reminder, covered government contractors have an obligation to create annual establish a veteran hiring benchmark as part of the preparation and implementation of its VEVRAA Affirmative Action Plan.
OFCCP Releases Updated Annual Veteran Hiring Benchmark
Jackson Lewis | Apr 2024
Although the 2024 hiring benchmark is only a small decrease from 2023 (5.4 percent), it continues the benchmark’s downward trend that has taken place each year since the benchmark was established in 2014.
OFCCP Sets New VEVRAA Hiring Benchmark for 2024
Ogletree | Mar 2024
Government Resources
Using the Five-Factor Method to develop an Individualized Hiring Benchmark
VEVRAA Compliance Assistance
VEVRAA Hiring Benchmark
OFCCP Resources
Employment Situation - Feb 2024
Veteran data on Table A-5
Bureau of Labor Statistics | Mar 2024
SHRM Related Resources
Managing Federal Contractor Affirmative Action Programs
SHRM Toolkit
Veterans at Work Certificate Program
SHRM Foundation: It's free and you receive SHRM recertification credit to boot!
SHRM HireVets: Single Job Posting
SHRMStore (for purchase)
SHRM Members' Survey
Tell us what you think about the Express Request self-service feature in a few quick questions.
An organization run by AI is not a futuristic concept. Such technology is already a part of many workplaces and will continue to shape the labor market and HR. Here's how employers and employees can successfully manage generative AI and other AI-powered systems.
Related Content
HR must always include human intelligence and oversight of AI in decision-making in hiring and firing, a legal expert said at SHRM24. She added that HR can ensure compliance by meeting the strictest AI standards, which will be in Colorado’s upcoming AI law.
The proliferation of artificial intelligence in the workplace, and the ensuing expected increase in productivity and efficiency, could help usher in the four-day workweek, some experts predict.
Learn how Marsh McLennan successfully boosts staff well-being with digital tools, improving productivity and work satisfaction for more than 20,000 employees.