HR Glossary
What is Record Retention Policy?
A formal written policy that specifies how long an organization must keep different types of business and employment records, when and how to destroy them, and the procedures for suspending destruction during litigation or government investigations.
Why it matters in hiring
Record Retention Policy comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.
Related terms starting with R
- Ramp-Up Period
- Real-Time Feedback
- Real Time Information (RTI)
- Realistic Job Preview (RJP)
- Record of Employment (ROE) (Canada)
- Recruitment Analytics
- Recruitment Funnel
- Recruitment Marketing
Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.
