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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

Besides the EEOC, the IRS also has requirements for employee documents, including which forms you need to have for each employee, such as W-4s. These types of violations can cost your organization $75,000+ , so keeping confidential information separate is a must. Here’s what you’ll need to include in your confidential employee files.

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Employee Records: End of year review & preparing for next year

BMT Office Administration

Some companies hold on to hiring documents such as resumes, job applications, and job descriptions. These documents include payroll records, time cards, pay rate information, and anything else related to payment. These documents can also provide crucial information on performance pay adjustments and regular cost of living adjustments.

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How long do employers keep employee records?

BMT Office Administration

Payroll files. Your payroll files should include W-4s, W-2s, timesheets, direct deposits, and wage rates. ADEA (Age Discrimination in Employment Act) record requirements state you must retain payroll records for three years. The Fair Labor Standards Act (FLSA) states employees must hold onto payroll records for three years.

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Blockchain In Recruiting: Will That Impact A Recruiter's Job?

Recruit CRM

Decoding Blockchain Technology For Dummies Blockchain is an immutable and shared ledger (encrypted & anonymous) that records transactions and tracks various forms of tangible (houses, real estate, cars) or intangible assets (copyrights, intellectual property, patents, brandings) in a business network.

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