The Do’s and Don’ts of Records Retention and Destruction
OVERVIEW 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, anddestroying 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? AREAS COVERED Keys to solving record retention issues: what’s re...