OFCCP has announced the new Veteran Hiring benchmark will be 6.4% effective March 31, 2018. Affirmative Action Plans in effect until the March 31, 2018 date should utilize the prior year’s benchmark of 6.7%.
The benchmark has steadily declined since its inception in 2014 and this year is the fourth reduction of the benchmark since it was first released. This year’s drop of 0.3% is the largest single-year reduction of the benchmark and represents a 0.8% decrease since its high point in 2014.
The historical review of the annual national percentages as reported on OFCCP’s website is as follow:
|
Percentage |
Effective Date |
|
|
From |
To |
|
6.4 |
03/31/2018 |
— |
|
6.7 |
03/31/2017 |
03/30/2018 |
|
6.9 |
03/04/2016 |
03/30/2017 |
|
7 |
04/21/2015 |
03/03/2016 |
|
7.2 |
03/24/2014 |
04/20/2015 |
