What are the best practices for a document retention policy?
Best practices include defining retention periods, ensuring compliance with laws, and regularly reviewing the policy.
How often should we review our document retention policy?
It's recommended to review your policy at least annually or whenever there are changes in regulations.
What types of documents should be included in the policy?
Include financial records, employee files, contracts, and any documents required by law.
What are the risks of not having a document retention policy?
Without a policy, you risk legal penalties, data breaches, and inefficient document management.
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