Companies Say No to Having an HR Department

Employers Come Up With New Ways to Manage Hiring, Firing and Benefits.  Sometimes the only thing worse than having an HR department is not having one.

When LRN Corp., which helps companies develop ethics and compliance programs, restructured a few years ago, the 250-employee business abolished most job titles and department names. It also did away with its human-resources department, which had dealt with recruiting and compensation issues, among other things. Read More

DOL cracks down on employer 401(k) issues

The Department of Labor website is overflowing with cases of regulators taking action against employers accused of mishandling employee benefit plans.  

Among the most common cases: errors in administering 401(k) plans. Although Labor Department officials and experts in the ERISA field say the majority of cases are errors in reporting and do not result in civil lawsuits, the numbers of benefit plan cases investigated (of all kinds) are still impressive: the DOL closed 3,677 investigations in 2013, with nearly 73 percent of those resulting in monetary fines or other corrective action. Lawsuits were filed in 111 of those cases. Read More