OKR template to improve Employee Retention

public-lib · Published over 1 year ago

Your OKR template

The main focus of this OKR is to improve employee retention. The first objective aims to implement a professional development program with at least 80% of the workforce participating. Initiatives involve designing training that aligns with staff needs and goals, and establishing a tracking system to monitor involvement and assess effectiveness.

The second objective calls for conducting exit interviews with outgoing employees to pinpoint recurring issues for improvement. Strategies include asking open-ended questions during interviews, analyzing data to identify common problems, and implementing measures to enhance employee satisfaction based on the findings.

The third objective seeks to diminish the voluntary employee turnover rate by 10% compared to the previous quarter. While no specific initiatives are listed to achieve this goal, it would presumably involve strategies gleaned from exit interviews and the implemented development program.

Finally, the fourth objective aims to raise the employee satisfaction score by 15% through quarterly surveys. This would be achieved by meticulous survey data analysis, clear communication of results and planned action, as well as diligent tracking of progress towards the target.

ObjectiveImprove Employee Retention
KRImplement 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
KRConduct 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
KRReduce voluntary employee turnover rate by 10% compared to the previous quarter
KRIncrease 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

Use in Tability

How to edit and track OKRs with Tability

You'll probably want to edit the examples in this post, and Tability is the perfect tool for it.

Tability is an AI-powered platform that helps teams set better goals, monitor execution, and get help to achieve their objectives faster.

With Tability you can:

Use AI to draft a complete set of OKRs in seconds
Connect your OKRs and team goals to your project
Automate reporting with integrations and built-in dashboard

Instead of having to copy the content of the OKR examples in a doc or spreadsheet, you can use Tability’s magic importer to start using any of the examples in this page.

The import process can be done in seconds, allowing you to edit OKRs directly in a platform that knows how to manage and track goals.

Step 1. Sign up for a free Tability account

Go tohttps://tability.app/signup and create your account (it's free!)

Step 2. Create a plan

Follow the steps after your onboarding to create your first plan, you should get to a page that looks like the picture below.

Step 3. Use the magic importer

Click on Use magic import to open up the Magic Import modal.

Now, go back to the OKR examples, and click on Copy on the example that you’d like to use.

Paste the content in the text import section. Don’t worry about the formatting, Tability’s AI will be able to parse it!

Now, just click on Import from text and let the magic happen.

Once your example is in the plan editor, you will be able to:

Edit the objectives, key results, and tasks
Click on the target 0 → 100% to set better target
Use the tips and the AI to refine your goals

Step 4. Publish your plan

Once you’re done editing, you can publish your plan to switch to the goal-tracking mode.

From there you will have access to all the features that will help you and your team save hours with OKR reporting.

10+ built-in dashboards to visualise progress on your goals
Weekly reminders, data connectors, and smart notifications
9 views to map OKRs to strategic projects
Strategy map to align teams at scale