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.
For information concerning what records you must keep as an employer, go to the EEOC website.
Employers must also keep records under Federal Wage and Hour
Laws. The Wage and Hour Division of the U.S. Department of Labor
has separate lists of records employers must maintain for two
years
and three
years.