Payroll Records Definiton – Patriot Software
December 22, 2015mkappel
Payroll Records Term Definition
Payroll records are the documentation regarding an employee’s hours worked, salary, and associated information kept on file by the employer.
The Fair Labor Standards Act (FLSA) requires that employers maintain payroll records for at least three (3) years. These records are accessible by both the employer and the employee (upon request.) Some employers store their records as hard copies, but it is now required to store them securely using an electronic system.