Recordkeeping

The Human Resources (HR) department at Dow Aero (“Company”) is responsible for retaining and destroying confidential personnel records in accordance with corporate policies and procedures, along with statutory and regulatory requirements. The following is a general outline of the Company’s Human Resources (HR) department’s operating policies and procedures for personnel record retention and destruction; at its discretion, the Company may expand the record retention period beyond what is identified below.

If the Company’s retention timeline is not of sufficient duration for statutory or regulatory requirement, then law or regulation shall govern.

Minimum Retention of Confidential Personnel Records

Pre-Employment

Employment Applications — Termination + 3 Years

Résumés / Cover Letters — Termination + 3 Years

Interview Evaluations — Termination + 3 Years

Assessment Results — Termination + 3 Years

References / Verifications — Termination + 3 Years

Offer Letters — Termination + 3 Years

Background Checks — Termination + 3 Years

Pre-Employment Drug Screening Negative Test Results:

Safety-Sensitive Employees — 2 Years

Non Safety-Sensitive Employees — Immediately Upon Hire

Pre-Employment Drug Screening Positive Test Results — 5 Years

Note: If an applicant is ultimately not hired, the above records should be retained for three (3) years after the no-hire decision is made; within exception to a pre-employment drug screening results which should be retained as identified above after the no-hire decision is made.

Employment

Intellectual Property Ownership / Proprietary Information Agreement / Nondisclosures — Termination + 5 Years

Form I-9, Employment Eligibility Verifications — Termination + 3 Years

Equal Employment Opportunity (EEO) Assignments — Termination + 3 Years

HR Policy and Procedure Acknowledgements — Termination + 3 Years

Conflict of Interest Agreements — Termination + 3 Years

Transfers — Termination + 3 Years

Discipline — Termination + 3 Years

Employee Training and Development — Termination + 3 Years

Performance Assessments / Peer Reviews / Goals — Termination + 3 Years

Job Related Injuries & Illnesses — Termination + 5 Years

FMLA Leave Reports — Termination + 3 Years

USERRA Leave — Permanent

Reasonable Accommodations — Termination + 3 Years

Resignation Letters — Termination + 3 Years

Separation Agreements — Termination + 5 Years

Termination Notices — Termination + 3 Years

Unemployment Claims — Termination + 4 Years

Payroll / Tax

Position and Pay Histories — Termination + 3 Years

Timesheets — 4 Years

Reimbursements — Termination + 3 Years

Deductions — Termination + 4 Years

Garnishments — Termination + 4 Years

Paystubs / W-2s — Termination + 4 Years

Payroll Registers — 4 Years

Direct Deposits — Termination + 4 Years

Federal & State Payroll Tax Forms — 4 Years

Federal Form 1099s — 4 Years

Benefits

Group Health Plan Elections — Termination + 3 Years

Employee Life and AD&D Beneficiaries — Termination + 1 Year

401(k) Beneficiary Records — Termination + 50 Years

401(k) Loans — Termination + 4 Years

401(k) Automatic Enrollment Waives — Termination + 3 Years

401(k) Permissible Withdraws — Termination + 4 Years

Drug and Alcohol Program

Negative Drug and Alcohol Test Results:

Safety-Sensitive Employees — 2 Years

Non Safety-Sensitive Employees — Immediately

Release of Information Records — 3 Years

Positive Drug and Alcohol Test Results — 5 Years

Reasonable Suspicion Assessments — 5 Years

Compliance

EEO-1 Reports — Permanent

State New-Hire Reports — 3 Years

Affirmative Action Plan and Reports — 5 Years

Form 5500 — 6 Years

OSHA 300 / 300A — Posting date + 5 Years

VETS-4212 — 5 Years

Destruction of Employee and Applicant Information

All confidential personnel records maintained by the Human Resources (HR) department shall be destroyed as retention dates pass. Any employment materials submitted by applicants, and who were never employed by the Company, are also to be destroyed as appropriate. This pertains to all employee and applicant information, not just specific info governed by the Fair and Accurate Credit Transactions Act (FACTA).

When confidential records or materials must be discarded or destroyed, the information shall either be:

  • Deleted from an appropriate HR system if electronic data.

    • e.g., BambooHR, Maxwell Health, Justworks, TalentLMS, etc.

  • Shredded by the Company’s Human Resources (HR) department personnel if a paper document.

Litigation Hold

When the Company is involved in or anticipates that it may be involved in litigation, a litigation hold may be issued. This means that all records relating to the litigation matter shall be kept in order to preserve any potential evidence. In failing to do so, the Company may be sanctioned by the court for destroying evidence. A court has broad authority to impose these sanctions, which may include anything from unfavorable procedural rulings during a trial to payment of monetary damages.

In the event that the Company announces a litigation hold on any or all Company records as a result of pending or anticipated litigation, all records covered by such a litigation hold SHALL NOT be discarded, deleted, or destroyed. Further, the Company’s Information Technology (IT) department shall be notified to suspend any automatic deletion of communication records and data, as appropriate, for all individuals covered by the litigation hold. Any questions regarding employment litigation should be directed to the Company’s Human Resources (HR) department.



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