Vitamin B1 (Thiamin): Vitamin B1 is a water-soluble vitamin that the body requires to break down carbohydrates, fat, and protein. Every cell of the body requires vitamin B1 to form adenosine triphosphate (ATP). Vitamin B1 is also essential for the proper functioning of nerve cells.
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 years.
Wherever they are kept, though, the records must be available for inspection by the U.S. Department of Laborâs Wage and Hour Division. How Long? Under federal law, employers are required to maintain payroll records and records of any collective bargaining agreements for three years.