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hi Jenny stone here from HR shield with your HR rescue each day we get hundreds of questions from our clients and other small and mid-sized business owners about some of the most common HR issues we figured if they have those questions you might too so lets provide a lifeline and share our answers to some of the most common scenarios poor records management can cost an organization in two primary ways failure to keep required records can result in fines or other punishments from the government and failure to retain records of an investigation claim or complaint can doom a case accordingly most companies have detailed documentation retention policies and schedules that should be followed carefully in determining proper record-keeping procedures the following considerations should be addressed what to keep and for how long what needs to be kept confidential where to store records and how to destroy the documents that are no longer needed to be kept whenever in question the best practic