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Recordkeeping Requirements. 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.Under ADEA recordkeeping requirements, employers must also keep all payroll records for three ...f an employee is involuntarily terminated, his/her personnel records must be retained for one year from the date of termination. Under ADEA recordkeeping requirements, employers must also keep all payroll records for three years.
When an employment relationship ends, employers have an obligation to store employee personnel files in a secure location. The length of time employee records must be kept varies, according to federal and some state laws concerning employer record keeping. These are strict regulations, and employers who are unable to produce certain employee files after termination may be subject to stiff penalties and fines imposed by government entities.