Senator Seeks Expansion of FMLA: Although companies don't advocate wiping FMLA off the books, many executives want to see some of its regulations modified. They say abuse of the system raises costs.
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Talent recruiting, development and retention are very important in today's tight labor market. Numerous reports cite performance statistics for companies across a variety of workforce management-related topics.

The real question many ask is: Where would my company rank?

Workforce Management and APQC, a nonprofit organization internationally recognized as a resource for process and performance improvement, are offering you a chance to answer that question—at no cost—through our joint human capital management benchmarking initiative. The survey is designed to help you learn how your organization's focus on the "recruit, source and select" process compares in terms of key cost, productivity and efficiency on such issues as managing staffing needs, job-offer acceptance rates and cycle time for sourcing open positions.

Supply your organization's data by February 16, and you will receive a free benchmarking report that will include an overview of the practices and processes that top organizations have in place to achieve peak performance. And to help you learn more about the value of HCM benchmarking, gain insight into the key metrics and practices that best-in-class organizations monitor, and get an overview of the participation process, APQC also is offering a free recorded Web seminar.

Workforce Management has selected the winners of the 2007 Optimas Awards, with Goldman Sachs & Co. taking the award for General Excellence.

Now in its 17th year, the Optimas Awards are presented to companies around the globe in recognition of workforce management initiatives that directly improve business results. Awards are presented in the categories of General Excellence, Competitive Advantage, Ethical Practices, Financial Impact, Global Outlook, Innovation, Managing Change, Partnership, Service and Vision. This year's winners brought innovation, discipline and vision to their organizations in the face of an increasingly competitive global marketplace.

Goldman Sachs, based in New York, won for the work done by its Goldman Sachs University, which collaborates with company leaders to drive the organization's business strategies. Training and development initiatives undertaken by Goldman Sachs University were integral to helping the company make vital progress in its securities, private wealth and emerging global market businesses. Other initiatives developed by the university helped the organization accelerate the ramp-up time for new employees, develop the concept of "leaders as teachers" throughout the company, and strengthen its ability to engage and retain women, thereby improving the pipeline of future women leaders at the firm.

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