Human Resource & Labor News
www.agc.orgJune 11, 2015 Issue No. 03-15
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On the Inside
Federal Contracting
Davis-Bacon Contractors May Be Required to Cover Actual Employee Lodging Costs
Labor Department Schedules Prevailing Wage Seminars for 2015
Hiring Benchmark Now Seven Percent for OFCCP’s VEVRAA Regulations
Union Contracting
Union Contractors Conference Call Scheduled for June 25
AGC Testifies in Support of New Plan Design during House Multiemployer Pension Hearing
AGC Requests Clarification from IRS on Multiemployer Health Plans
Open Shop Contracting
Open Shop Web Meeting Covers Preparing for “Quickie Election” Rule
HR & Labor Education
Registration Open for Construction HR & Training Professionals Conference
Latest Developments in Construction Labor Law Covered at LELC’s Annual Symposium
Employee Benefits & Leave
New FMLA Forms Available
ERISA Fiduciaries Must Continuously Monitor 401(k) Investment Choices
Hiring Benchmark Now Seven Percent for OFCCP’s VEVRAA Regulations
 

The Office of Federal Contract Compliance Programs (OFCCP) recently announced that the annual national percentage of veterans in the civilian labor force for 2015 is 7 percent. The new number is a slight decrease from 7.2 percent and is based on 2014 end-of-year data from the Bureau of Labor Statistics.

OFCCP’s revised VEVRAA regulations implementing new affirmative action requirements of federal contractors and their subcontractors went into effect on March 24, 2014. At that time, OFCCP announced the national percentage of veterans in the civilian labor force as 8 percent. Since the final rule was implemented, the percentage has decreased from 8 percent to 7.2 percent.  Now, employers responsible for complying with the regulations by having a written affirmative action plan should use the new 7 percent benchmark, or an independently derived benchmark as outlined in the regulations. 

The benchmark is subject to change annually and will be published in OFCCP’s VEVRAA Benchmark Database.  For more information on OFCCP’s veterans rule and other issues related to affirmative action requirements for construction employers, visit the Labor and HR Topical Resources section of the AGC website.  The primary category is “EEO” and the secondary category is “Affirmative Action/EEO.”  Logging-in is required to access all available resources.
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