2 customisable OKR examples for Employee Turnover Reduction
What are Employee Turnover Reduction 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 Turnover Reduction. 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 Turnover Reduction 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 Turnover Reduction OKRs examples
We've added many examples of Employee Turnover Reduction 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 cultivate an appealing, inclusive company culture
Cultivate an appealing, inclusive company culture
Decrease turnover rate by 15% through enhanced workplace conditions
Introduce flexible working hours for work-life balance
Implement mandatory team-building activities to foster camaraderie
Upgrade office equipment for a better work experience
Improve employee satisfaction score by 20% through engagement initiatives
Implement weekly team-building activities and workshops
Conduct regular feedback and suggestion sessions
Establish an employee recognition and rewards system
Implement 2 employee-led initiatives to foster ownership and engagement
Launch two employee-led initiatives
Provide training on leading and engagement strategies
Identify possible leaders interested in leading initiatives
2. 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
Employee Turnover Reduction 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 Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/tability-insights-board.e70f9466.png)
Tip #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 Insights Dashboard](https://tability-templates-v2.vercel.app/_next/static/media/checkins-graph.b2aec458.png)
Tip #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 Turnover Reduction OKRs in a strategy map
The rules of OKRs are simple. Quarterly OKRs should be tracked weekly, and yearly OKRs should be tracked monthly. 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.
![A strategy map in Tability](https://tability-templates-v2.vercel.app/_next/static/media/tability_strategy_map.2ad25843.png)
If 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 Turnover Reduction OKR templates
We have more templates to help you draft your team goals and OKRs.
OKRs to improve software engineering skills through effective time management
OKRs to create an engaging landing page featuring 3 goals tiles with OKR
OKRs to minimize exposure to compliance and cybersecurity threats
OKRs to enhance the Packaging Design and Unboxing Experience
OKRs to enhance skillset of 40% of the teams
OKRs to effectively generate quality data flow diagrams
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 👀
Tability is a unique goal-tracking platform built to save hours at work and help teams stay on top of their goals.
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