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VEVRAA Hiring Benchmark 2024

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)

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