In Our Business
35

Records Management

Maintaining complete and accurate records is essential to the work of Schering-Plough, and care must be taken to ensure that records are managed properly.

This means:

  • Maintaining records as required by law and applicable Company retention schedules.
  • Preserving all records related to actual or anticipated litigation government investigations or audits.
  • Keeping only what is required by Company record retention policies and procedures.
  • Being alert to the need for accuracy - especially when documents are produced for an official purpose. Providing false or misleading records is wrong under any circumstances - doing so when records are produced or maintained for official purposes is a serious violation of law.
Records Management

Q. My files are overflowing and I need to get organized. How will I know what I can throw out and what I can't?

A. You should review the applicable retention schedule, which you can obtain by contacting Global Records Management. Company records must be retained for the period specified by the applicable retention schedule. In addition,you should preserve any records in your files which are covered by any Document Hold Notice you have received from the Global Law department or Tax department, or which you have otherwise been made aware are likely to be called for in an actual or anticipated litigation, government investigation, or audit.

Q. Am I responsible for managing my electronic records and recorded information?

A. Yes. Colleagues should manage their e-mail and other electronic Company records in accordance with the Company's Records Management Policy. You should consult with your manager or the Global Records Management department for further information regarding the Company's record management program.

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Copyright 2007 Schering-Plough