4 OKR examples for Employee Turnover
Writing good OKRs can be hard, especially if it's your first time doing it. You'll need to center the focus of your plans around outcomes instead of projects.
We understand that setting OKRs can be challenging, so we have prepared a set of examples tailored for Employee Turnover. Take a peek at the templates below to find inspiration and kickstart your goal-setting process.
If you want to learn more about the framework, you can read more about the OKR meaning online.
Best practices for OKR
Your objectives should be ambitious, but achievable. Your key results should be measurable and time-bound. It can also be helfpul to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.
Building your own OKRs with AI
While we have some examples below, it's likely that you'll have specific scenarios that aren't covered here. There are 2 options available to you.
- Use our free OKRs generator
- Use Tability, a complete platform to set and track OKRs and initiatives – including a GPT-4 powered goal generator
How to track OKRs
Quarterly OKRs should have weekly updates to get all the benefits from the framework.
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKRs-tracking platform to make things easier.
We recommend Tability for an easy way to set and track OKRs with your team.
Check out the 5 best OKR tracking templates to find the best way to monitor progress during the quarter.
Employee Turnover OKRs templates
You'll find below a list of Objectives and Key Results for Employee Turnover.
OKRs to reduce Employee Turnover
- Reduce Employee Turnover
- Implement a mentoring program with participation from 75% of employees
- Establish regular check-ins and evaluations to assess the effectiveness of the mentoring program
- Provide training for potential mentors and match them with mentees based on their goals
- Create a program outline with goals and objectives for the mentoring program
- Promote the mentoring program through various communication channels to raise awareness
- Decrease voluntary employee resignations by 20%
- Conduct exit interviews to identify and address reasons for voluntary resignations
- Implement a comprehensive employee engagement and retention program
- Enhance communication channels to ensure employees feel valued and heard
- Provide professional development opportunities to ensure employee growth and satisfaction
- Increase employee engagement scores by 10%
- Provide regular opportunities for open communication and feedback between employees and management
- Organize team-building activities to foster collaboration and strengthen relationships among employees
- Conduct anonymous employee survey to identify areas of opportunity for engagement improvement
- Develop and implement a recognition and rewards program to acknowledge employee efforts
- Improve manager satisfaction ratings by 15%
- Implement regular feedback sessions to understand manager concerns and address them promptly
- Provide professional development opportunities to enhance manager skills and career growth
- Foster a positive and supportive work environment through team-building initiatives and recognition programs
- Streamline communication channels and ensure clarity in expectations for effective manager-employee interactions
OKRs to reduce turnover rate through retention strategies
- Increase employee retention rate
- Implement a mentorship program for new employees
- Host monthly employee appreciation events
- Conduct exit interviews and analyze feedback to improve retention efforts
- Develop a career growth plan for each employee
OKRs to enhance HR's strategic partnership with business units
- Enhance HR's strategic partnership with business units
- Reduce turnover rate by 15% through retention strategies
- Develop a comprehensive employee benefits and incentives program
- Implement systematic periodical employee performance reviews and promotions
- Facilitate consistent team building activities and trainings
- Improve employee engagement score by 20% through HR initiatives
- Implement regular team-building exercises and events
- Conduct workplace culture improvement workshops
- Enhance communication channels for employee feedback
- Implement 3 new HR-related business alignment projects with positive feedback
- Execute the three chosen HR business alignment projects
- Identify potential HR-related alignment projects
- Gather feedback using post-implementation surveys
OKRs to enhance competitiveness in compensation and benefits program
- Enhance competitiveness in compensation and benefits program
- Implement 3 new competitive benefits proposed by employees after survey
- Review employee survey results for new benefit suggestions
- Announce and roll out new benefits to employees
- Develop and cost implementation plan for proposed benefits
- Conduct benchmarking study against 10 industry leading companies in compensation and benefits
- Compare and analyze collected data against our company's system
- Identify 10 industry-leading companies with top compensation/benefits packages
- Gather data on these companies' compensation/benefits
- Achieve 10% decrease in employee turnover tied to compensation issues
- Implement competitive salary matching based on industry standards
- Establish transparent, merit-based pay raises and promotions
- Conduct an internal survey to identify compensation dissatisfaction
More OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to enhance individual skill set through learning and development OKRs to secure funding from three new investors OKRs to prepare for a Series A funding OKRs to implement automation in the reporting process OKRs to enhance continuous improvement processes OKRs to develop AI chat GPT for convention
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: Complete 2024 OKR cheat sheet
- Blog posts: ODT Blog
- Success metrics: KPIs examples