Employers often are confused about reporting requirements, as well as what to keep and for how long. There is good reason for this, given that there are more than two dozen regulations that govern some aspect of employer record-keeping and retention.
Employers have lots of information on their employees – from social security numbers to disciplinary records. It is impossible to keep everything indefinitely. Destroying documents too soon, however, will inevitably lead to serious consequences. When can you destroy documents safely and legally?
Why Should You Attend:
The process of organizing, saving, and destroying company records can be confusing even for a seasoned professional. Save too many files, and your company will pay unnecessary storage fees. Accidentally destroy certain information and you could be vulnerable to costly fines with the DOL or unprepared in the event of a lawsuit. Courts are increasingly issuing significant fines against companies that have destroyed documents that were relevant to the litigation. Sometimes courts even enter default judgments in particularly egregious cases.
How do you protect your company? Join this session by expert speaker Susan Desmond and get tips on creating a strong electronic record retention program to protect your organization from costly fines and penalties.
- Controlling the creation, growth and accessibility of company records
- Reducing operating and storage costs
- Improving efficiency and productivity, as well as office appearance
- Guidelines for Policy Development
- Key elements of a policy
- Compliance with retention laws
- Careful and timely destruction of documents
- Required Records and Maintenance of Employee Files
- Employee records to be maintained in personnel files
- Documents related to complaints and investigations
- Federal tax and compensation records
- Employee retirement and welfare benefit plans
- Get the keys to solving record retention issues: what’s required by law?
- Learn how to determine a record’s retention and storage period
- Get tips for a strong electronic record retention program
- Understand how your retention obligations change for paper and electronic records
- Establish policies for electronic records: Email, IM, & Web content
- Understand what records should be kept when an employee leaves
Who Will Benefit:
- Company owners
- Human resource professionals
- Record keeping personnel