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: