D & O LIABILITY SCORECARD
DIRECTORS & OFFICE PRACTICES YES NO UNSURE SCORE
12. Has your business established formal procedures to inform directors and officers of new developments within the company? q q q
13. Has your business established a formal training process to ensure that directors have a sound understanding of their duties, responsibilities and obligations? q q q
14. Does your business’ s by-laws and / or charter indemnify directors and officers to the fullest extent permitted under the applicable provincial and federal laws? q q q
15. Does your business require its directors and officers to report all potential conflicts of interest? q q q
16. Does your business require its directors and officers to document and justify all major decisions? q q q
17. Does your business provide directors and officers with access to legal counsel when they are faced with difficult decisions or when requested? q q q
SECTION SCORE:
HR PRACTICES
YES NO UNSURE SCORE
18. Does your business have an HR Department? q q q
19. Does your business have an employee handbook that has been reviewed by legal counsel? q q q
20. Does your business distribute a copy of your handbook to all employees, including those with managerial and supervisory responsibilities? q q q
21. Does your business require all employees to acknowledge receipt of your employee handbook? q q q
22. Does your business have formal guidelines and written procedures to address compliance with the Canadian Human Rights Act, provincial human rights codes and provincial employment standards? q q q
23. Does your business have formal guidelines and written procedures for disciplining and terminating employees? q q q
24. Does your business have a formal process for addressing and resolving employee grievances? q q q
25. Does your business have a formal process for conducting employee evaluations? q q q SECTION SCORE:
TOTAL SCORE:
MODERATE RISK: 0-40 POINTS HIGH RISK: 44-64 POINTS ESCALATED RISK: 68-100 POINTS
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