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Payroll Records Definiton – Patriot Software

December 22, 2015

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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.

Extended Definition
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.

Related Blog Article:
What Should I Include in My Employee Payroll Records?
How Long to Keep Payroll Records | IRS Requirements

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