Mexico is located on the continent of North America in the Northern and Western Hemispheres. Mexico is located south of the United States and is bordered by the Gulf of Mexico and the Caribbean Sea on the east and the Pacific Ocean on the west and south.
However, if an employee suffers a work-related accident or files a claim against the business, it's advisable to retain your records for up to 10 years after the claim is resolved. Job applicant information must be kept for at least three years, even if you didn't hire the applicant.
The trend is for records be kept longer than previously. Proper record retention is not only a matter of avoiding liability â it is critical to the efficient operation of your business. Lost records can result in lost time, lost business and lost tax advantages.OL â The Department of Labor requires that you keep payroll records, collective bargaining agreements, and sales and purchase records for three years. Other employee records, including pay rate, hours worked, time cards, bonuses, withheld taxes, etc., should be kept for at least two years.