Electronic recordkeeping is an essential aspect of modern business operations. By following record retention guidelines, implementing a centralized digital repository, and complying with federal law organizations can effectively manage their information, reduce risk, and improve their overall efficiency.
Maintaining employment records in an electronic format provides employers with the convenience of eliminating the need to provide physical storage space and is cost-effective. Federal law plays a significant role in electronic recordkeeping. While the storage of electronic personnel files is legal, employers must be aware of key legislation governing HR Records. One of the key factors in implementing successful electronic recordkeeping is adhering to record retention guidelines.
