OKR template to reduce turnover rate through retention strategies
Introduction: Employee turnover can be a costly and disruptive issue for any organization. The goal of this OKR is to reduce the turnover rate through implementing effective retention strategies. By identifying the reasons why employees leave and developing solutions to address those issues, we aim to improve employee morale and engagement while also reducing the expenses associated with high turnover rates.
- 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