iOFCCP 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 follows:
| 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 |
