Guide: Assessing the health of your records retention schedule
A retention schedule is a policy that specifies how long your organization’s records are to be kept — and by extension when they can be defensibly destroyed. The retention schedule is the cornerstone of your RIM program and is crucial for risk management. It identifies your records according to function and assigns retention periods for them based on their operational and legal value. Employees at all levels of your business enterprise must use the retention schedule to adhere to federal and state recordkeeping regulations and requirements in order to avoid fines, sanctions, and damage to your reputation.
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