Documente Academic
Documente Profesional
Documente Cultură
In This Issue
Upcomi ng Events
HR Jobs
Legi s l a ti ve Al ert
2016 Da y on the Hi l l
Getti ng to the Hea rt of the
Ma tter
Mentor HR
Hel pi ng Empl oyees Ma na ge
Stres s
The Rei nvented Performa nce
Appra i s a l
SHRM a nd U.S. Cha mber of
Commerce Event
2016 Spons ors hi p
Opportuni ti es
Vol unteer for NOVA SHRM
Upcoming Events
HR Jobs
Director of Human Resources and Operations - Jack Kent Cooke Foundation - Landsdowne, VA
Human Resources Generalist, Field HR - Walgreens - Newark, DE
Payroll Specialist - CORT - Chantilly, VA
Field Recruiter - Johns Hopkins University - Baltimore, MD
Virtual Recruiter - AECOM - Germantown, MD
Recruiter - AECOM - Germantown, MD
Senior HR Generalist - Raytheon - Dulles, VA
HR Generalist - Johns Hopkins University - Baltimore, MD
Human Resources Specialist, Marketing Division - The Nature Conservancy
- Arlington, VA
Labor Relations Principal - Exelon Corporation - Newark, DE
Talent Development Manager - Henry M. Jackson Foundation - Bethesda,
MD
Read More
Legislative Alert
This Legislative Alert is brought to you by Lawrence P. Postal, Vice President for
Legislative Affairs, Northern Virginia SHRM, and partner at Seyfarth Shaw, LLP.
Revised EEO-1 Form; Paid Sick Leave for Federal Contractors and Montgomery
County
October 18
Chapter Meeting
The Heart of the Matter: Taking
Action on Talent Engagement
and Well-Being
Speakers: Amber Cha mberl a i n
Location: TEGNA
Time: 5:30pm
Register Now
October 27
Networking Happy Hour
Happy Hour for the
Membership Survey Kickoff!
Location: Ki zuna Sus hi &
Ra men
Time: 6:30pm
Register Now
On September 29, 2016, the OMB approved the EEOC's revisions to the EEO-1
report. Beginning in 2018, employers with 100+ employees will be required to
annually report pay and hours data to the EEOC for its workforce. The OMB
approved the EEO-1 revisions despite the significant problems with the pay data
collection tool and significant questions remain regarding the usefulness of the data in identifying
discriminatory pay disparities.
Beginning in 2018, employers will have to report compensation data and hours to the EEOC. Today, the
Office of Management and Budget (OMB) approved the EEOC's changes to the Employer Information
Report (EEO-1). As a result, every employer in the U.S. with more than 100 employees will be required
to report total W-2 compensation information and hours worked for all of its employees on an annual
basis.
The EEOC contends that adoption of the new EEO-1 form will enable the EEOC (and, for federal
contractors and subcontractors, the OFCCP) to target compensation issues and address pay disparities.
There are, however, significant unanswered questions about the utility and use of this report.
The changes will take place for 2017 EEO-1 filings, which will have a new reporting deadline of March 31
of each year. For instance, the EEO-1 report for the 2017 year will be due on March 31, 2018.
What Does the EEO-1 Report Currently Require?
November 11
Talent Development SIG
Vocal Presence: Develop the
Voice You Need to Create the
Leadership Presence You Want
Speakers: Ka ri Uma n
Location: Fa l l s Church
Time: 7:30a m
Register Now
November 15
Chapter Meeting
Building Workplace Violence
Prevention Programs to Meet
Industry Standards
Speakers: John Lea vey
Location: TEGNA
Time: 5:30pm
Register Now
The EEO-1 Report is a survey document that has been mandated for more than 50 years. Currently,
employers with more than 100 employees, and federal contractors or subcontractors with more than 50
employees, are required to collect and provide to the EEOC information about employees'
race/ethnicity and sex in each of ten job categories (e.g., Executive & Senior-Level Officials and
Managers, First/Mid-Level Officials & Managers, Professionals, Technicians, Sales Workers,
Administrative Support Workers, Craft Workers, Operatives, Labors and Helpers, and Service Workers).
The current EEO-1 report is available here.
There are no changes to the EEO-1 report for 2016, which remains due September 30, 2016.
What Will the New EEO-1 Report Require?
Beginning in March 2018, covered employers will still be required to provide the demographic
information currently required. However, in addition, employers with more than 100 employees will be
required to submit a "Component 2" report which discloses previous year W-2 earnings and hours
worked for all employees. Federal contractors and subcontractors with between 50 and 99 employees
Stay Connected
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will only be required to submit the current EEO-1 form without the compensation and hours worked
data required in the Component 2 report. The format of the new report is available here.
November 17
Day on the Hill
Location: Ma rri ott Ma rqui s
Time: 7:00a m
Register Now
2016 Board
Members
Read More
La uren Forga ch
Co-VP Progra ms
Ka t Bender
Co-VP Progra ms
La rry Pos ta l
VP Legi s l a ti ve Affa i rs
focus on less complexity and expense and honestly look at your own professional well-being and how
you grow and foster that. Your own well-being at work is likely the best place to begin to consider these
newer humanistic themes as it is very likely that you too are being confronted to improve your own
sense of authentic connection and meaning in your working life. From this self-responsible vantage
point, you are likely to champion, conceive, create, and fund winning holistic solutions that you and
your leadership can put in place in support of talent engagement, performance, growth, attraction and
retention.
If you would like to meet the writer and learn more about the viewpoint and solutions mentioned in
this article and ways to deploy some them in a no-cost or low-cost ways, please attend the upcoming
NOVA SHRM event titled: The Heart of the Matter: Taking Action on Talent Engagement and Well-being
on the evening of October 18th, 2016
Mentor HR is the new name for the NOVA SHRM and Dulles SHRM Mentoring & Leadership
Development Program. We are the trusted broker of professional connections and mentoring
relationships that are of crucial importance to your career as a HR professional. Our program is based on
a Pinnacle-Award Winning collaborative peer-learning model, and offers approximately 21 SHRM and
HRCI recertification credits for participants.
As a result of participation in Mentor HR, alumni report gaining increased confidence, competence,
self-awareness, networking skills, personal leadership skills, and the capability to influence others. The
curriculum is designed for individuals with at least 3 years of professional HR Management or HR
Development experience who want to grow both personally and professionally. You must be a member
in good standing with NOVA SHRM or Dulles SHRM and commit a minimum of 5 hours a month to
learning and development activities associated with the program.
Ronda Hetters on
Co-VP SIGs
For more information on Mentor HR, please contact Mary Kitson, Program Director, at
mkitson@mitre.org.
Emi l y Ames
VP Certi fi ca ti on
This article is brought to you by Rose M. Price, CFP, AIF, a partner and
Financial Advisor at VLP Financial Advisors. VLP provides 401k plan
management as well as personal financial planning. Rose will be a presenter
at the NOVA SHRM December chapter meeting.
Part 2: The Election vs. Your Investments
Ja ni ne Onori o
Di rector SHRM Founda ti on
As we mentioned in our first article last month, almost all employees deal
with some type of financial stress in their lives. These stressors may be
personal, or they may be market-driven. Let's consider a current issue that is likely affecting all of your
employees - the election cycle. With the presidential election frenzy upon us, many people are
grappling with what consequences the election may have, if any, on financial markets. Employees find
this to be another source of stress, as they know the value of their 401k or pension plan will be subject
to such fluctuation.
Let me offer some insight based on historical markers:
Going back to 1960, the S&P has yielded 8.8% in election years, versus 9.1% in non-election years
(excluding the 2008 credit crisis, which skewed overall results.) 1;This gives credence to the idea
that while year-to-year results may vary, on average election years don't result in substantially
less return when investing for the long haul.
Only 3 of the last 22 election years have yielded negative returns for the S&P 500.
Since 1900, for the four years of a presidential term, the Dow Jones Industrial Average's annual
returns were 5.5% for year one, 3.7% for year two, 12.6% for year three, and 7.5% for year four2,
indicating there is clearly an election year cycle, most likely due to overall unpredictability,
showing up in the first year or two of the cycle. Being aware of these cycles and fluctuations can
help to keep things in perspective.
Overall, we continue to encourage our clients to focus on long-term investing based on their financial
goals and personal timeline, and not get too focused on market variances like an election cycle
fluctuation. Ensure your employees have access to financial advice regarding these types of concerns
by making sure your plan advisor is available to talk with employees who are seeking reassurance or
investment help during this volatile time. Consider being proactive in this effort by offering a webinar
or other voluntary forum when employees can hear from the plan manager directly. If your plan
advisor doesn't offer this type of employee assistance, maybe it's time to start looking elsewhere and
consider alternative options for the plan advisor itself or at least add supplemental educational
options.
As plan advisors, we're here to help. We offer opportunities throughout the year to meet with our plan
participants, and we hear time and time again that the employees truly value that help. If you'd like to
consider adding educational options for your employees but don't want to change plan providers, give
us a call and let us help you provide professional advice and valued support to your employees.
Emi l y Dors ey
Secreta ry
1 "The 2016 Presidential Election and Stock Market Cycles" Seeking Alpha, by Daryl Montgomery
2 Ned Davis Research
Investors cannot invest directly in indexes. The performance of any index is not indicative of the
performance of any investment and does not take into account the effects of inflation and the fees and
expenses associated with investing.
This article is brought to you by Dr. Virginia Bianco-Mathis, Director of the HRM
Program at Marymount University and author of "Building a Coaching
Organization."
You have heard the buzz. Deloitte started it with that HBR article (Reinventing
Performance Management) and other companies have followed suit (Dump
Performance Appraisals and Help Employees to Do Their Best, Washington
Post, 8/4/2015). So what does this really mean and look like?
Basically, organizations are realizing that getting everyone up-to-speed on coaching skills is now not
just "a nice way to give feedback and develop people" but a major component for more realistically
assessing performance and ultimately, organizational success.
We have known for some time that existing appraisal systems embody the following characteristics:
Idiosyncratic rater effect
Form focused, not people focused
Judgmental, not supportive or developmental
Time consuming
Rating focused, not future focused
Fuel anxiety, not engagement
Less meaningful in today's fast-paced, service oriented institutions
Forced to coincide with conceptual pay models as opposed to true performance
What is now being recommended is periodic coaching sessions that are very simple. One organization
uses the following template for monthly sessions. Data can be gathered in a variety of ways by both the
supervisor and employee. This can be done manually or on line using an interactive software system:
RJ Lewi s
Di gi ta l Content
Admi ni s tra tor
Na ta l i e Al l en
Events Coordi na tor
1. Given what I know about this person's performance, and if it were my money, I would award this
person the highest possible compensation [measures overall performance and unique value].
2. Given what I know of this person's performance, I would always want him or her on my team
[measures ability to work with others].
3. This person is at risk for low performance [identifies problems that might harm the customer or
team].
4. This person is ready for a growth opportunity today [measures potential].
Needless to say, this approach comes with its own set of challenges-and many other support tools (not
addressed in this essay) must be implemented for this to be successful. Yet, it is evident that this
"coaching to performance" approach is beneficial in the following ways:
Da n Al l en
Da ta Ana l yti cs Speci a l i s t
measurable programs, and implement support structures that foster the concept of "coaching
organizations." For more in depth discussion, see Building Coaching Organizations
(https://www.td.org/Publications/TD-at-Work/2016/Building-a-Coaching-Organization). And if you
want to be part of the discussion, join our panel on November 2 at Marymount (register through
kes68580@marymount.edu). Affiliated with Marymount SHRM Chapter; SHRM and HRCI CPUs given.