Clear Path Employer Services is the first Canadian consulting firm to focus exclusively on helping companies reduce the frequency and severityof their human capital losses.
This short survey will help identify if your company is at risk of a loss in one of Top 12 Human Capital Risks.
How does your company score?
1. Do you have an Employee Manual that is available to your workforce, reflecting your policies and procedures, complies with relevant legislation, and is updated annually?
Not at all - 0 points
Yes, but it's not up-to-date - 1 point
Absoulutey - 2 points
2. Do you have a Health & Safety Manual that is current and includes legislation that your workforce has been trained on within the past 12 months
Not at all - 0 points
Yes, but it's not up-to-date - 1 point
Absolutely - 2 points
3. Have all workers received a comprehensive performance review within the past 6 months that included both company and individual goals & objectives for the year?
Not at all - 0 points
A few have, but not all - 1 point
Absolutely - 2 points
4. Do you have a documented corrective action policy and process that has been communicated to your workforce?
Not at all - 0 points
Somewhat, but not communicated - 1 points
Absolutely - 2 points
5. Do you know what your company's turnover rate is and how it compares to your industry average?
Not at all - 0 points
We record it, but don't analyze it - 1 point
Absolutely - 2 points
6. Do you track employee absenteeism (including specific causes) and are you able to list your top five employees with absenteeism issues?
Never - 0 points
Each manager has a different system - 1 point
Always - 2 points
7. Would you be comfortable handling an employee relations issue that necessitated investigation and know how to effectively document it?
Not at all - 0 points
Somewhat, with help - 1 point
Absolutely - 2 points
8. Do you have a position description for each job in your company, including physical demands for any high risk positions?
Not at all - 0 points
Some poistions do, others don't - 1 point
Absolutely - 2 points
9. Have you identified your "star" performers, planned for their career development, and deployed specific strategies to encourage their long-term retention?
Not at all/Never - 0 points
Somewhat/Occasionally - 1 point
Absolutely/Always - 2 points
10. Do you have employees currently off work due to a workplace accident or who have been on modified duties for more than 4 weeks?
Several employees - 0 points
Yes, but we're working on it - 1 point
None - 2 points
11. Have you received a NEER surcharge in the last 3 years or are you dissatisfied with your current NEER rebate?
Never - 0 points
Some informal reviews - 1 point
Absolutely - 2 points
12. Have you performed a Health & Safety audit of your plant/facilities in the past year to ensure compliance with legislation?
Never - 0 points
Some informal reviews - 1 point
Absolutely - 2 points
13. Have you performed a skills gap analysis on your current workforce to determine priorities in performance management, recruiting, and training?
Never - 0 points
Somewhat - 1 point
Absolutely - 2 points
14. For new employees, do you ensure a written employment contract signed prior to their first day and utilize a systemized orientation program to ensure effective "onboarding"?
Never - 0 points
Occasionally, depends on position - 1 point
Always - 2 points
15. When you terminate an employee, do you provide a written termination letter and utilize release forms to ensure liability is contained?
Never - 0 points
Occasionally, depends on position - 1 point
Always - 2 points
How did you score?
20 points or greater: Congratulations, you seem to be effectively managing your human capital risks. Between 11-19 points: Your human resources practices may be putting you at risk! 10 points or lower: Your company is at risk of a human capital loss. Don't delay, call us today!
We welcome your questions and queries. Contact us to discuss what solutions we could provide for your company.