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Employee time cards should be kept for at least two years. For  employee leave and absences, records should be kept for at least  three years.ederal Law Federal law requires you to keep application records of non-hires for one to two years and hired employees for one year. The time period is affected by your compa â¦ ny size and type of organization, including affirmative action.
The North Carolina Wage and Hour Act (WHA) does not require that an employer have a time clock or use time cards, and the WHA does not state who may or may not punch an employee's time card.In fact, the WHA does not require that time cards be signed by either the employer or employee.The WHA does require that an employer keep an accurate record of how many hours a day and how many hours each workweek its employees work.he North Carolina Wage and Hour Act (WHA) does not require that an employer have a time clock or use time cards, and the WHA does not state who may or may not punch an employee's time card.