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A records management policy establishes a framework for how an organization manages its records throughout their lifecycle. It helps ensure compliance with legal, regulatory, and operational requirements. In the context of Indiana Records Management, such a policy protects valuable information assets and supports effective decision-making. This policy also provides guidance on data security and privacy, making it a critical component of your organizational strategy.
Destroy paper and electronic personnel records and confidential employee data after the retention deadlines have passed. Because employment records contain confidential and sensitive information, employers should establish specific policies and procedures for disposing of records safely.
Records management (RM) is the supervision and administration of digital or paper records, regardless of format. Records management activities include the creation, receipt, maintenance, use and disposal of records. In this context, a record is content that documents a business transaction.
The RMO is in charge of the records storage process, from assessing risks to managing storage decisions. It is the RMO's responsibility to address dangers to records such as sunlight, flooding, pests, and security risks. For more information on records protection, read the Local Government Records Storage Standards.
These steps can be further explained as:Create or receive. This is the beginning of the records management process, which starts with creating or receiving a document relating to an organization's transaction or activity.Use or modify.Maintain or protect.Dispose or destroy.Archive or preserve.
An Act to provide for the rationalised management of all Government and other public records and archives under one single authority, for the preservation, utilisation and disposal of such records and archives, for the repeal of the Records (Disposal) Act, and for other connected matters.
Regarding employment and payroll data, under the Fair Labor Standards Act (FLSA) and others, you must: For at least 3 years: keep payroll records, certificates, agreements, notices, collective bargaining agreements, employment contracts, and sales and purchase records.
Types of recordsCorrespondence records. Correspondence records may be created inside the office or may be received from outside the office.Accounting records. The records relating to financial transactions are known as financial records.Legal records.Personnel records.Progress records.Miscellaneous records.
Generally speaking, there are two types of records management systems: traditional paper record management systems, and electronic record management systems. As the name might imply, traditional paper record management systems involve the management and storage of hard-copy documents.
How long should I keep employee personnel files? You should keep an employee's personnel files for six years after the employee has left your organisation. The reason for this is that up until six years has passed, the former employee may sue you for breach of contract in the county court.