corporate record retention policies

Corporate record retention policies specify how long a company keeps different types of documents, such as financial records, employee files, or legal papers. These policies ensure that important information is available when needed and that the company complies with legal requirements. Once the designated retention period ends, records are securely destroyed to protect sensitive information and minimize clutter. Essentially, these policies balance legal obligations, business needs, and privacy considerations to manage a company’s information responsibly and efficiently.