Wednesday, April 5, 2017

Veterans Benchmark for VEVRAA Compliance Adjusted to 6.7 Percent

Originally passed in 1974, the Vietnam Era Veterans' Readjustment Assistance Act (VEVRAA) aimed to provide assistance to returning Vietnam veterans and to protect them from employment discrimination. VEVRAA is one of two key federal laws prohibiting discrimination against returning veterans.

VEVRAA requires employers doing business with the federal government to take affirmative action to recruit, hire and promote categories of veterans covered by the law, including disabled veterans and recently separated veterans.

Under VEVRAA, it is also illegal for these federal contractors and subcontractors to discriminate against protected veterans when making employment decisions on hiring, firing, pay, benefits, job assignments, promotions, layoffs, training and other employment related activities.

Additionally, aAll companies with at least $100,000 in federal contracts are required to adopt an annual benchmark for Protected Veteran Class hiring, based on the national percentage of Veterans in the workforce, or an individual benchmark based on the best available data. This benchmark is reviewed annually, and as of 3/31/07, has been adjusted to 6.7%.
The table above gives the effective dates and percentages in recent years.

For more information, please visit the United States Department of Labor website.

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