Records Retention is a systematic way of organizing and keeping important business documents for specific periods of time, based on legal requirements and business needs. It's like having a well-organized filing system with clear rules about how long to keep each type of document and when it's safe to dispose of them. This process helps companies stay legally compliant, find information quickly, and manage their storage space efficiently. Similar terms you might see include "document management," "information lifecycle management," or "records management."
Developed and implemented Records Retention policies that reduced storage costs by 30%
Managed company-wide Records Management program ensuring compliance with federal regulations
Supervised Document Retention schedules for departments across multiple office locations
Typical job title: "Records Management Specialists"
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Q: How would you develop and implement a company-wide records retention policy?
Expected Answer: Should discuss conducting needs assessment, consulting with departments, creating retention schedules, ensuring legal compliance, training staff, and monitoring implementation. Should mention experience leading such initiatives.
Q: How do you handle conflicting retention requirements between different regulations?
Expected Answer: Should explain approach to analyzing requirements, consulting legal counsel, documenting decisions, and implementing the longer retention period when conflicts exist.
Q: How do you ensure compliance with retention schedules across different departments?
Expected Answer: Should describe methods for tracking retention periods, communicating with department heads, conducting regular audits, and maintaining documentation of disposed records.
Q: What steps do you take when implementing a new electronic document management system?
Expected Answer: Should discuss needs assessment, system selection, migration planning, staff training, and establishing new workflows.
Q: What are the basic components of a records retention schedule?
Expected Answer: Should mention record types, retention periods, storage locations, disposal methods, and any legal requirements that apply to different documents.
Q: How do you determine which records are ready for disposal?
Expected Answer: Should explain checking retention schedules, verifying dates, getting approval from supervisors, and documenting the disposal process.