Personnel/Employment Records:
Equal Employment Opportunity Commission (EEOC) Regulations require that employers keep all personnel or employment records for one year. If an employee is involuntarily terminated, his/her personnel records must be retained for one year from the date of termination.  If an Equal Opportunity (EO) charge has be file the EEOC will direct how long you must keep the records.

Payroll Records:
Under ADEA recordkeeping requirements, employers must also keep all payroll records for three years.

Benefit Plans:
Keep for three years.

Seniority or Merit Plan:
Keep for the full period the plan or system is in effect and for at least one year after its termination.

Wage Rates:
Keep for two years.

Job Evaluations:
Keep for two years.

Seniority:
Keep for two years.

Merit System:
Keep for two years.

Collective Bargaining Agreements:
Keep for two years.