Hiring Employees
Checklist for Hiring Employees
How to determine which employment records must be retained and
for how long
Regulations issued by the Equal Employment Opportunity Commission
require that employers keep all personnel or employment records
for one year. If an employee is involuntarily terminated, his/her
personnel records must be retained for one year from the date of
termination.
Under the Age Discrimination in Employment Act recordkeeping requirements,
employers must also keep all payroll records for three years. Additionally,
employers must keep on file any employee benefit plan (such as pension
and insurance plans) and any written seniority or merit system for
the full period the plan or system is in effect and for at least
one year after its termination.
These federal non-discrimination laws also include filing requirements.