To find out how your company compares with others in your industry, go to www.osha.gov/oshstats/work.html. You will need your companyâs SIC code. You can find âIncidence Rate Calculationâ and âFind Your SIC Codeâ quick links at www.employersclaim.com or www.mycomplink.net.
Store for 1 year: regular statements, pay stubs. Keep either a digital or hard copy of the past yearâs worth of your monthly bank and credit card statements. You should also hold on to pay stubs so that you can use them to verify the accuracy of your Form W-2 when tax season arrives.
Bank and Cash Records. The Better Business Bureau recommends holding onto bank statements for three years, and Bankrate suggests storing them for at least seven years. Records of bank reconciliation reports need be maintained for only two or three years, and duplicate bank deposit slips should be held for three years.