Veteran hiring benchmark drops 

Expectations lowered yet again.  

The Office of Federal Contract Compliance Programs announced that the new annual hiring benchmark for protected veterans is 5.4 percent. Effective March 31, the benchmark dropped from 5.5 percent to 5.4 percent.

The hiring benchmark has decreased each year since the OFCCP instituted the requirement in 2014. The inaugural benchmark was 7.2 percent.

Federal contractors are required to set a hiring benchmark for protected veterans each year. One of the options for setting this benchmark is the national percentage of veterans in the civil labor force. This number is updated each year around the end of March. Thus, contractors with Affirmative Action Plans effective on or after March 31, 2023, may use the lower 5.4 percent to determine whether the percentage of hires during their AAP year met this objective.  

Our Affirmative Action Alert blog focuses on the latest news and topics affecting federal contractors and subcontractors and their compliance with affirmative action and other employment-related laws and regulations.  With breaking news, quick updates, and headlines on the Office of Federal Contract Compliance Programs and affirmative action issues, this blog is a great resource for in-house counsel, HR managers, and other compliance professionals.  Our blog is a companion to Constangy’s Affirmative Action newsletters, which address significant legislative, regulatory, and administrative proposals and changes.  Subscribe to both to stay current on these important topics!

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