How Zenefits Crashed Back Down To Earth

Human resources startup Zenefits developed a software program that new recruits can download and run which would speed up the process of becoming a licensed health insurance broker in California — a mandatory credential for their work selling insurance to small businesses. The Program enabled Zenefits employees to spend less than the legally mandated 52 hours in pre-licensing training.
This institutionalized cheating got caught up when Parker Conrad, the 35-year-old co-founder and CEO, was forced to resign over what the company described as widespread failures of regulatory compliance. Read More>>

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