DURING PERIOD refers to actual hours worked, injuries or lost days during the actual period that the data is being calculated. 2. The number of hours worked includes all part time or seasonal workers, overtime and Z-time. It does not include time paid which is not. worked such as vacation, holiday, illness, leave of absence or unassigned days. 3. The number of cases with lost work time as defined by OSHA.
For example your company is obliged to keep all information relevant for VAT purposes for as long as six years. That means that any emails dealing with VAT must be kept for that period as a minimum. Of course financial records arenât the only pieces of information subject to these kinds of laws.
To sum up: Paper can last centuries. Electronic records currently last about 10-20 years unless they are migrated to new formats/media. [Above: a closeup of a page from a Gutenberg Bible, about 550 years old and still going strong.]