Image for Records Retention Schedules

Records Retention Schedules

Records Retention Schedules are guidelines that outline how long different types of documents and records should be kept by an organization before they can be destroyed or archived. These schedules help ensure compliance with legal requirements, protect important information, and manage storage costs. Each record type, such as financial documents or employee files, has a specified retention period based on regulations, business needs, and historical value. Following these schedules helps organizations maintain efficient record-keeping practices and safeguard sensitive information while reducing clutter and minimizing risks associated with data management.