Spotlight for Career Services ProfessionalsSpotlight for Recruiting ProfessionalsApril 2, 2014
New rules requiring federal contractors to implement benchmarks for hiring minimum numbers of protected veterans and disabled workers went into effect on March 24, 2014.
The new rules update the Vietnam Era Veterans’ Readjustment Assistance Act of 1974 (VEVRAA) and Section 503 of the Rehabilitation Act of 1973.
The VEVRAA rule provides contractors with a quantifiable metric to measure their success in recruiting and employing veterans by requiring contractors to annually adopt a benchmark either based on the national percentage of veterans in the work force (currently 8 percent), or their own benchmark based on the best available data. According to the U.S. Department of Labor, the rule strengthens accountability and record-keeping requirements, enabling contractors to assess the effectiveness of their recruitment efforts, and clarifies job-listing and subcontract requirements to facilitate compliance.
The Section 503 rule introduces a hiring goal for federal contractors and subcontractors that 7 percent of each job group in their work force be qualified individuals with disabilities. The rule also details specific actions contractors must take in the areas of recruitment, training, record keeping, and policy dissemination—similar to those that have long been required to promote workplace equality for women and minorities.
NACE will be holding three webinars that address the changes to Section 503:
More information about the updated regulations is available at www.dol.gov/ofccp/VEVRAARule/ and www.dol.gov/ofccp/503Rule/.
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