not happy with my HR

[kgtest]

I think they should change Human Resources department name to "Limited Resources"

And that department name can be used for any department really. I've found the things that most impact me, are also the toughest to get answers and change on.

I was upset about our 401k offerings. This is pretty simple complaint. After getting passed onto the comptroller and me making a semi-public stink about the lack of offerings, the comptroller began planning for changes.

If there is no plan to change, then there will not be change, or bad change will just rear its head.

The icing on the cake...the plan we changed to forced everyone into a managed portfolio..when I opted out, I got charged all the txn fee's and now get charged $15/quarter for the single ETF I own.

I later realized the only reason we changed plans was an attempt to save money. We were saving money with the plan administrator by them forcing people into that managed portfolio. I was seriously disappointed with the plan representative they sent to explain all of this.

He spent literally about 30seconds quickly brushing over how to opt out of the plan. And of course there was no time for questions at the end of the presentation...oh and there was immediately a presentation after the one I attended. Sooo if you want to ask questions, email them to HR and they can fwd on, or try and stop by after the last presentation of the day, oh but by the way the rep has a flight to catch so they don't have much time for questions.

I am fortunate my company allows us to contribute 75% of our salaries to 401k. Or at least that is how the system is configured.

I wanted to ask questions about in-service withdrawals, fees etc.

Soo when I finally did talk to the plan administrator about the fee's, they referred me back to my companies 401k administrator.

I'm still pissed it costs me $60/yr to fulfill 24 ETF orders. Basically comes out to a $2.50/per trade fee which to me is ridiculous. So much for fringe benefits.

 

[kgtest]

DH, who was previously married to an HR lady, always told me, "HR isn't your friend" so I've approached them with a certain amount of caution and the knowledge that, in the end, I'd better rely on myself and my research when it comes to benefit decisions because I have to live with them.

I've learned through trials and tribulations that HR is definitely not your friend. They will smile at you while you conversate, but do not mistake that for friendly. That's just a smile whether vindictive, or otherwise.

HR is the company's lawyers friends, that is it. HR serves in the best interest of the corporation, and that means just making sure things are done legally, to avoid expensive litigation and bad press of course.

 

[Splash]

"The IRS Rule of 55 allows an employee who is laid off, fired, or who quits a job between the ages of 55 and 59 1/2 to pull money out of his 401(k) or 403(b) plan without penalty." As long as your assets were transferred to a 401(k) and not an IRA, the rule should apply, but you'll have to resign or be laid off to take advantage of the rule. Once you do this, the account is yours (the rule is per the IRS, not your company).

The IRS Rule of 55 requires that you keep your money in your employer's 401k plan. So it is important to check your plan document to ensure that you can leave your money in the 401k plan and that the plan's distribution options will meet your needs. DH's 401k required employees to remove their funds from the 401k plan (i.e. rollover into an IRA) when they separated from service, essentially taking away the opportunity to use the Rule of 55. My 401k plan requires distributions for the following year to be locked in each Fall.

 

[foxfirev5]

WOW, talk about nightmares. Many good people have been screwed over by these virtually nonproductive scum. I have no idea how anyone in HR can have a clear conscience. Low life's come in many forms. Now back to my happy ER.

 

[Aerides]

A vast majority of my MC's HR was outsourced, - and I mean offshore outsourced - years ago. It was so bad it was a big deal when it was renegotiated to revert to onshore-outsourced.

A literal handful of actual employee HR staff remained, like 1 to 1000 ratio (MC was about 10x OP's).

For stuff like the OP describes, I would have absolutely never have even bothered to call HR. Useless, and any answer would be meaningless unless it was part of documented policy which I would have found more quickly.

The one or two live people? Priceless. I made friends, fast, and had several good long discussions about difficult situations in the last few years, both for myself and my staff at the time.

OP's situation is created by a merger in which HR was not clearly thought out. Those folks in those jobs are probably just as bewildered and trying to make do, without anyone above them having better answers either.

 

[frayne]

Always remember that HR is there for the company, not the employees.

 

[Clone]

Always remember that HR is there for the company, not the employees.

Litigation Mitigation.

 

[candrew]

Litigation Mitigation.

+1

I recall attending a HR training session at mega-corp where we (leaders) were told by HR that their primary purpose was to keep us "legally defensible".

And as many leaders at mega-corp subsequently learned, that meant a presumption of guilt existed when it came to any matters involving employee relations.

 

[JoeWras]

WOW, talk about nightmares. Many good people have been screwed over by these virtually nonproductive scum. I have no idea how anyone in HR can have a clear conscience. Low life's come in many forms. Now back to my happy ER.

Some can't. I have a friend who became a Pastor after being in HR in the 90s, when much of the focus of various megacorps changed from advocating for the people, to advocating for the company's bottom line. This friend nearly had a nervous breakdown over dealing with all the layoff politics and reduced ability to help people.

 

[Midpack]

I have a friend who became a Pastor after being in HR in the 90s, when much of the focus of various megacorps changed from advocating for the people, to advocating for the company's bottom line. This friend nearly had a nervous breakdown over dealing with all the layoff politics and reduced ability to help people.

Added stress seems to have impacted many disciplines over the years, not unique to HR, and from entry level to management of many private companies. Some/many here retired early as a result...

Kinda sad to see the blanket bashing of HR by some here. There are good and bad in EVERY line of work, even formerly revered professions have some very bad apples among the good.

 

[JoeWras]

Added stress seems to have impacted many disciplines over the years, not unique to HR, and from entry level to management of many private companies. Some/many here retired early as a result...

Kinda sad to see the blanket bashing of HR by some here. There are good and bad in EVERY line of work, even formerly revered professions have some very bad apples among the good.

I agree with this. Especially the long time career folks who saw their profession change out from under them due to new and innovative business practices. This is what happened to my friend.

Some days when I wake up and see my investments doing well, I wonder if I'm part of the problem, because ultimately as an owner of the stocks, I am part of the reason upper level management has gotten so bottom line focused and lost site of the communities, and the world, they work in.

 

[Midpack]

I agree with this. Especially the long time career folks who saw their profession change out from under them due to new and innovative business practices. This is what happened to my friend.

Some days when I wake up and see my investments doing well, I wonder if I'm part of the problem, because ultimately as an owner of the stocks, I am part of the reason upper level management has gotten so bottom line focused and lost site of the communities, and the world, they work in.

I finished my career in mid level management and my line of work seemingly 'changed out from under me' as you describe. Corporate did become more and more demanding (often because of shareholders), forcing decisions we hadn't faced before. At the same time, an ever increasing number of employees became more unrealistic and demanding - always wanting bigger raises, faster promotions, enhanced benefits, etc. and being more bitter and outspoken than generations before. So I'd say there are two sides to the coin. I was not in HR, but guess who often bore the brunt of unrealistic employees day after day, year after year?

I also realize as a shareholder I am part of the problem. We want great returns but we may not want to know how they are delivered. Just as we don't want to see Americans lose their jobs, yet we buy lower priced foreign goods without ever considering whose livelihood is impacted. It's a double edged sword.

 

[candrew]

Some days when I wake up and see my investments doing well, I wonder if I'm part of the problem, because ultimately as an owner of the stocks, I am part of the reason upper level management has gotten so bottom line focused and lost site of the communities, and the world, they work in.

+1

Although straying off-topic a bit here, your post reminded of something my dearly departed, yet wise dad once remarked to me. He wondered aloud what happened to the days when there was nothing wrong with making a *modest* profit.

Nowadays, it seems as though modest profitability is no longer good enough and a company's stock can lose value merely from failing to meet Wall Street's expectations.

 

[Lakewood90712]

" I sent an email to HR. No response. I went into see the local HR person. She said she would look into it. That was 4 days ago. I just found out that her last day with the company is tomorrow. Lovely."

And that lovely ex HR person is very likely one of the new ER-ORG members that signed up this week

Don't know how long you have been in the workforce but as an employee or non - executive level manager, HR , ER , Labor Relations, " People " or whatever name , they are not your friend. Never have been . Keep in mind, those who work in that function have a thankless position, everyone hates them. Employees and Managers alike.