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1 Only HR staff and few individuals should have access to these files. Keep for at least three years after the employee leaves the organization. Workers compensation is generally kept on file for the life of the employee or former employee.  I-9 forms - Keep I-9 forms separate and in a locked file area.
The ADEA, FLSA, and other statutes may require an employer to keep different portions of an employee's file for different lengths of time. For instance, while the ADEA requires payroll records to be kept for three years, it requires basic information about the employee to be kept only one year, according to the EEOC.To ensure your business meets all its recordkeeping retention requirements, consult a qualified employment law attorney.he amount of time, however, varies according to which statute you refer to, which can make knowing how long to keep employee records confusing.