OFCCP Sets New VEVRAA Hiring Benchmark Percentage
Client Alert | less than 1 min read | 04.02.18
The Office of Federal Contract Compliance Programs has announced the new 2018 Vietnam Era Veterans’ Readjustment Assistance Act (VEVRAA) hiring benchmark. This benchmark is an annual goal for the percentage of hires who are veterans at each affirmative action plan (AAP) establishment. Effective March 31, 2018, the new benchmark is 6.4 percent -- a decrease from last year’s 6.7 percent benchmark. All contractors/subcontractors with AAP years that begin after March 31, 2018 should incorporate this benchmark into their AAPs. Contractors/subcontractors should also ensure that they are actively engaging in outreach efforts to recruit qualified veterans, and should analyze and document the effectiveness of their efforts.
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Client Alert | 4 min read | 08.21.25
FLSA Overtime Reporting and Withholding
The One Big Beautiful Bill Act (the Act), signed on July 4, 2025, allows a deduction from an individual’s personal tax return on Form 1040 for “qualified overtime compensation” as defined in new Code § 225. The amount that can be deducted from the employee’s return is capped at $12,500 with the maximum then adjusted down if the employee’s AGI exceeds certain limits. This deduction is permitted in 2025.
Client Alert | 4 min read | 08.20.25
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Client Alert | 2 min read | 08.19.25
