12 customisable OKR examples for Employee Retention
What are Employee Retention OKRs?
The Objective and Key Results (OKR) framework is a simple goal-setting methodology that was introduced at Intel by Andy Grove in the 70s. It became popular after John Doerr introduced it to Google in the 90s, and it's now used by teams of all sizes to set and track ambitious goals at scale.
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 Retention. 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 our OKR guide online.
Building your own Employee Retention OKRs with AI
While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own OKRs.
Feel free to explore our tools:
- Use our free OKR generator
- Use Tability, a complete platform to set and track OKRs and initiatives, including a GPT-4 powered goal generator
Our customisable Employee Retention OKRs examples
We've added many examples of Employee Retention Objectives and Key Results, but we did not stop there. Understanding the difference between OKRs and projects is important, so we also added examples of strategic initiatives that relate to the OKRs.
Hope you'll find this helpful!
1. OKRs to boost employee retention across all departments
Boost employee retention across all departments
Implement two new benefits or recognition programs based on employee feedback
Analyze survey results and design two new programs- Survey employees to gather feedback on potential benefits programs
- Launch and communicate new programs to all employees
- Increase participation in employee engagement activities by 15%
- Implement regular communication about upcoming engagement activities
- Develop incentive programs to reward participation
- Simplify sign-up processes for engagement activities
- Decrease employee turnover rate by 10%
- Implement comprehensive employee training programs
- Develop competitive benefits and compensation packages
- Establish effective communication and feedback system
2. OKRs to improve Employee Retention
- Improve Employee Retention
- Implement a professional development program and have 80% of employees participate
- Design and deliver engaging training sessions that align with employees' needs and goals
- Establish a tracking system to monitor employees' participation and measure the program's effectiveness
- Conduct a needs assessment to identify specific professional development opportunities
- Create a structured mentorship program to support employees' professional growth and knowledge sharing
- Conduct exit interviews with departing employees and identify recurring themes for improvement
- Ask open-ended questions to gather feedback on employee experience
- Analyze data from exit interviews to identify common areas for improvement
- Implement strategies to address recurring themes and enhance employee satisfaction
- Schedule exit interviews for departing employees
- Reduce voluntary employee turnover rate by 10% compared to the previous quarter
- Increase employee satisfaction score by 15% through quarterly surveys
- Analyze survey results to identify areas of improvement and develop action plans
- Communicate survey findings and action plans to employees to ensure transparency
- Implement an anonymous and confidential survey to gather employee feedback
- Regularly track and evaluate progress towards the goal and adjust strategies accordingly
3. OKRs to decrease direct funded vacancies under 2% of labor force
- Decrease direct funded vacancies under 2% of labor force
- Implement a robust recruitment strategy that fills 70% of open positions
- Identify key roles and skills needed for vacant positions
- Employ diverse sourcing methods to attract potential candidates
- Utilize algorithm-based programs for efficient talent acquisition
- Increase internal promotion processes by 30% to reduce vacancies
- Analyze current promotion trends to identify potential improvements
- Develop a skill-upgrading program for current employees
- Implement and monitor promotion performance scoring system
- Lower employee attrition rate to 4% through enhancing retention programs
- Implement a comprehensive employee mentorship program
- Create additional opportunities for career advancement
- Enhance benefits packages to increase employee satisfaction
4. 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
5. OKRs to boost overall staff job satisfaction
- Boost overall staff job satisfaction
- Achieve 80% positive responses in the employee satisfaction survey
- Implement suitable employee reward and recognition system
- Improve internal communication and transparency among all levels
- Regularly seek employee feedback to address their concerns
- Reduce employee turnover rate by 20%
- Increase employee compensation and benefits
- Offer regular employee training and mentorship programs
- Implement clear employee career progression paths
- Elevate average score of internal professional development programs to 8/10
- Incorporate interactive elements to engage attendees more effectively
- Solicit feedback to identify areas for program improvement
- Implement changes based on feedback to increase satisfaction
6. OKRs to reduce staff turnover across the company
- Reduce staff turnover across the company
- Decrease the employee turnover rate by 10%
- Implement employee engagement and team-building activities
- Conduct regular surveys to understand employee concerns
- Enhance benefits packages and reward system
- Implement a new employee retention program impacted employees rate positively by 85%
- Implement the program and measure success via employee feedback
- Conduct surveys to understand current employee satisfaction and needs
- Design a retention program based on survey results
- Improve employee engagement scores by 30%
- Implement a consistent employee recognition program
- Create open communication channels for feedback and suggestions
- Initiate regular personal development and team-building activities
7. OKRs to enhance talent retention strategies
- Enhance talent retention strategies
- Implement training programs to improve skills of at least 75% of the employees
- Implement and monitor said training programs
- Develop appropriate training programs in those areas
- Identify areas of skill deficiency among employees
- Increase employee engagement scores by 15% through enhanced communication strategies
- Introduce an open-door policy for improved cross-level communication
- Conduct regular, structured feedback sessions to address employee concerns
- Implement weekly team meetings to discuss objectives and progress
- Reduce staff turnover by 10% by implementing a comprehensive employee satisfaction program
- Implement feedback from satisfaction surveys
- Develop an employee satisfaction program
- Conduct regular employee satisfaction surveys
8. OKRs to enhance employee inclusivity and engagement in the workplace
- Enhance employee inclusivity and engagement in the workplace
- Decrease employee turnover rate by 15%
- Implement comprehensive, regular employee satisfaction surveys
- Establish clear, responsive communication channels
- Develop competitive benefits package and advancement opportunities
- Increase responses on employee engagement surveys by 30%
- Offer incentives for completing the survey
- Simplify the survey for easier completion
- Implement a communication strategy emphasizing survey importance
- Implement a minimum of 2 diversity and inclusion training sessions per group
- Schedule two training sessions for each group
- Communicate training dates and details to groups
- Identify suitable diversity and inclusion training programs
9. OKRs to boost HR effectiveness in facilitating organization and people growth
- Boost HR effectiveness in facilitating organization and people growth
- Increase employee retention rate by 20%
- Enhance company benefits and compensation packages
- Implement a comprehensive employee development and training program
- Increase regular feedback and recognition sessions
- Decrease average hiring process time by 15%
- Establish a structured, efficient onboarding process
- Streamline interview scheduling with automated tools
- Implement standardised skill-based assessments
- Upgrade leadership development programs benefiting 30% of employees
- Source and hire professional development consultants
- Conduct survey to identify areas for leadership program improvement
- Implement program changes based on consultant feedback
10. OKRs to streamline the company's recruitment process
- Streamline the company's recruitment process
- Increase new hire retention rate by 10% through improved onboarding processes
- Develop a comprehensive and engaging employee onboarding program
- Provide mentorship opportunities for new employees
- Implement regular check-ins with new hires
- Reduce hiring process time by 30% while maintaining quality of hires
- Implement an efficient applicant tracking system
- Streamline the interview and selection process
- Conduct timely background and reference checks
- Implement a standardized interviewing system across all departments
- Develop a standard interview protocol for all departments
- Train hiring managers on the new interview system
- Monitor and adjust the system based on feedback
11. OKRs to reinforce One Intel team culture and nurture talent effectively
- Reinforce One Intel team culture and nurture talent effectively
- Facilitate skills enhancement training for 80% of team members
- Identify necessary skills for enhancement based on team's job roles
- Develop or source relevant training program for identified skills
- Schedule and coordinate team members participation in training
- Increase employee engagement survey scores by 20%
- Initiate periodic career development and training programs
- Implement regular team-building activities and exercises
- Encourage open communication and welcome feedback
- Reduce employee turnover rate by 10%
12. OKRs to improve employee retention
- Increase Employee Retention
- Reduce employee turnover rate by 8%
- Increase employee satisfaction score by 10%
- Increase employee referrals by 15%
- Increase employee engagement by 25%
Employee Retention OKR best practices to boost success
Generally speaking, your objectives should be ambitious yet achievable, and your key results should be measurable and time-bound (using the SMART framework can be helpful). It is also recommended to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.
Here are a couple of best practices extracted from our OKR implementation guide 👇
Tip #1: Limit the number of key results
The #1 role of OKRs is to help you and your team focus on what really matters. Business-as-usual activities will still be happening, but you do not need to track your entire roadmap in the OKRs.
We recommend having 3-4 objectives, and 3-4 key results per objective. A platform like Tability can run audits on your data to help you identify the plans that have too many goals.
Tability's audit dashboard will highlight opportunities to improve OKRsTip #2: Commit to weekly OKR check-ins
Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to get the full value of your OKRs and make your strategy agile – otherwise this is nothing more than a reporting exercise.
Being able to see trends for your key results will also keep yourself honest.
Tability's check-ins will save you hours and increase transparencyTip #3: No more than 2 yellow statuses in a row
Yes, this is another tip for goal-tracking instead of goal-setting (but you'll get plenty of OKR examples above). But, once you have your goals defined, it will be your ability to keep the right sense of urgency that will make the difference.
As a rule of thumb, it's best to avoid having more than 2 yellow/at risk statuses in a row.
Make a call on the 3rd update. You should be either back on track, or off track. This sounds harsh but it's the best way to signal risks early enough to fix things.
How to turn your Employee Retention OKRs in a strategy map
OKRs without regular progress updates are just KPIs. You'll need to update progress on your OKRs every week to get the full benefits from the framework. Reviewing progress periodically has several advantages:
- It brings the goals back to the top of the mind
- It will highlight poorly set OKRs
- It will surface execution risks
- It improves transparency and accountability
Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKR platform to make things easier.
Tability's Strategy Map makes it easy to see all your org's OKRsIf you're not yet set on a tool, you can check out the 5 best OKR tracking templates guide to find the best way to monitor progress during the quarter.
More Employee Retention OKR templates
We have more templates to help you draft your team goals and OKRs.
- OKRs to successfully attract and retain 10 net new customers
- OKRs to boost LinkedIn follower base by 20%
- OKRs to achieve significant reduction in operations cost
- OKRs to enhance cashflow maintenance for successful resource provision
- OKRs to maintain accuracy of vendor information across all clients
- OKRs to enhance quality assurance abilities and efficiency within team members
OKRs resources
Here are a list of resources to help you adopt the Objectives and Key Results framework.
- To learn: What is the meaning of OKRs
- Blog posts: ODT Blog
- Success metrics: KPIs examples
Create more examples in our app
You can use Tability to create OKRs with AI – and keep yourself accountable 👀
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