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3 OKR examples for Company Turnover

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What are Company Turnover 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 have curated a selection of OKR examples specifically for Company Turnover to assist you. Feel free to explore the templates below for inspiration in setting your own goals.

If you want to learn more about the framework, you can read our OKR guide online.

The best tools for writing perfect Company Turnover OKRs

Here are 2 tools that can help you draft your OKRs in no time.

Tability AI: to generate OKRs based on a prompt

Tability AI allows you to describe your goals in a prompt, and generate a fully editable OKR template in seconds.

Watch the video below to see it in action 👇

Tability Feedback: to improve existing OKRs

You can use Tability's AI feedback to improve your OKRs if you already have existing goals.

AI feedback for OKRs in Tability

Tability will scan your OKRs and offer different suggestions to improve them. This can range from a small rewrite of a statement to make it clearer to a complete rewrite of the entire OKR.

Company Turnover OKRs examples

You will find in the next section many different Company Turnover Objectives and Key Results. We've included strategic initiatives in our templates to give you a better idea of the different between the key results (how we measure progress), and the initiatives (what we do to achieve the results).

Hope you'll find this helpful!

OKRs to improve employee engagement across the organization

  • ObjectiveImprove employee engagement across the organization
  • KRDecrease overall employee turnover by 10%
  • TaskEnhance compensation and benefits packages
  • TaskImplement a comprehensive employee satisfaction survey
  • TaskCreate a robust employee development and training program
  • KRIncrease participation in employee engagement activities and initiatives by 20%
  • TaskDevelop enticing rewards for participants in engagement activities
  • TaskImprove internal communication about upcoming initiatives
  • TaskProvide regular feedback opportunities about engagement activities
  • KRAchieve a 15% increase in response rate on internal employee surveys
  • TaskIncentivize survey participation with small rewards or recognition
  • TaskPromote survey through email reminders and team meetings
  • TaskDevelop engaging, relevant questions for the survey

OKRs to reduce staff turnover across the company

  • ObjectiveReduce staff turnover across the company
  • KRDecrease the employee turnover rate by 10%
  • TaskImplement employee engagement and team-building activities
  • TaskConduct regular surveys to understand employee concerns
  • TaskEnhance benefits packages and reward system
  • KRImplement a new employee retention program impacted employees rate positively by 85%
  • TaskImplement the program and measure success via employee feedback
  • TaskConduct surveys to understand current employee satisfaction and needs
  • TaskDesign a retention program based on survey results
  • KRImprove employee engagement scores by 30%
  • TaskImplement a consistent employee recognition program
  • TaskCreate open communication channels for feedback and suggestions
  • TaskInitiate regular personal development and team-building activities

OKRs to cultivate an appealing, inclusive company culture

  • ObjectiveCultivate an appealing, inclusive company culture
  • KRDecrease turnover rate by 15% through enhanced workplace conditions
  • TaskIntroduce flexible working hours for work-life balance
  • TaskImplement mandatory team-building activities to foster camaraderie
  • TaskUpgrade office equipment for a better work experience
  • KRImprove employee satisfaction score by 20% through engagement initiatives
  • TaskImplement weekly team-building activities and workshops
  • TaskConduct regular feedback and suggestion sessions
  • TaskEstablish an employee recognition and rewards system
  • KRImplement 2 employee-led initiatives to foster ownership and engagement
  • TaskLaunch two employee-led initiatives
  • TaskProvide training on leading and engagement strategies
  • TaskIdentify possible leaders interested in leading initiatives

Company Turnover OKR best practices

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.

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.

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.

Save hours with automated OKR dashboards

AI feedback for OKRs in Tability

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:

Spreadsheets are enough to get started. Then, once you need to scale you can use Tability to save time with automated OKR dashboards, data connectors, and actionable insights.

How to get Tability dashboards:

That's it! Tability will instantly get access to 10+ dashboards to monitor progress, visualise trends, and identify risks early.

More Company Turnover OKR templates

We have more templates to help you draft your team goals and OKRs.

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