What are the record retention requirements under FLSA?
Three Years: Each employer shall preserve for at least 3 years: (a) Payroll records. From the last date of entry, all payroll or other records containing the employee information and data required under any of the applicable sections of this part, and (b) Certificates, agreements, plans, notices, etc. From their last effective date, all written: • Collective bargaining agreements • Plans, trusts, employment contracts, and collective bargaining agreements under section 7(e) of the Act, • Individual contracts or collective bargaining agreements under section 7(f) of the Act • Written agreements or memoranda summarizing the terms of oral agreements or understandings • Certificates and notices listed or named in any applicable section of this part. c) Sales and purchase records. A record of (1) total dollar volume of sales or business, and (2) total volume of goods purchased or received during such periods (weekly, monthly, quarterly, etc.), in such form as the employer maintains records i
