5 OKR examples for Employee Retention

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 more about the OKR meaning online.

Best practices for OKR

Your objectives should be ambitious, but achievable. Your key results should be measurable and time-bound. It can also be helfpul to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.

Building your own OKRs with AI

While we have some examples below, it's likely that you'll have specific scenarios that aren't covered here. There are 2 options available to you.

- Use our free OKRs generator
- Use Tability, a complete platform to set and track OKRs and initiatives – including a GPT-4 powered goal generator

How to track OKRs

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.

Spreadsheets are enough to get started. Then, once you need to scale you can use a proper OKRs-tracking platform to make things easier.

We recommend Tability for an easy way to set and track OKRs with your team.

Check out the 5 best OKR tracking templates to find the best way to monitor progress during the quarter.

Employee Retention OKRs templates

We've added Employee Retention Objectives and Key Results, but also the initiatives that relate to the OKRs.

OKRs to improve Employee Retention

  • ObjectiveImprove Employee Retention
  • Key ResultImplement a professional development program and have 80% of employees participate
  • TaskDesign and deliver engaging training sessions that align with employees' needs and goals
  • TaskEstablish a tracking system to monitor employees' participation and measure the program's effectiveness
  • TaskConduct a needs assessment to identify specific professional development opportunities
  • TaskCreate a structured mentorship program to support employees' professional growth and knowledge sharing
  • Key ResultConduct exit interviews with departing employees and identify recurring themes for improvement
  • TaskAsk open-ended questions to gather feedback on employee experience
  • TaskAnalyze data from exit interviews to identify common areas for improvement
  • TaskImplement strategies to address recurring themes and enhance employee satisfaction
  • TaskSchedule exit interviews for departing employees
  • Key ResultReduce voluntary employee turnover rate by 10% compared to the previous quarter
  • Key ResultIncrease employee satisfaction score by 15% through quarterly surveys
  • TaskAnalyze survey results to identify areas of improvement and develop action plans
  • TaskCommunicate survey findings and action plans to employees to ensure transparency
  • TaskImplement an anonymous and confidential survey to gather employee feedback
  • TaskRegularly track and evaluate progress towards the goal and adjust strategies accordingly
Turn OKRs into a Strategy Map

OKRs to reduce turnover rate through retention strategies

  • ObjectiveIncrease employee retention rate
  • Key ResultImplement a mentorship program for new employees
  • Key ResultHost monthly employee appreciation events
  • Key ResultConduct exit interviews and analyze feedback to improve retention efforts
  • Key ResultDevelop a career growth plan for each employee

OKRs to boost HR effectiveness in facilitating organization and people growth

  • ObjectiveBoost HR effectiveness in facilitating organization and people growth
  • Key ResultIncrease employee retention rate by 20%
  • TaskEnhance company benefits and compensation packages
  • TaskImplement a comprehensive employee development and training program
  • TaskIncrease regular feedback and recognition sessions
  • Key ResultDecrease average hiring process time by 15%
  • TaskEstablish a structured, efficient onboarding process
  • TaskStreamline interview scheduling with automated tools
  • TaskImplement standardised skill-based assessments
  • Key ResultUpgrade leadership development programs benefiting 30% of employees
  • TaskSource and hire professional development consultants
  • TaskConduct survey to identify areas for leadership program improvement
  • TaskImplement program changes based on consultant feedback

OKRs to streamline the company's recruitment process

  • ObjectiveStreamline the company's recruitment process
  • Key ResultIncrease new hire retention rate by 10% through improved onboarding processes
  • TaskDevelop a comprehensive and engaging employee onboarding program
  • TaskProvide mentorship opportunities for new employees
  • TaskImplement regular check-ins with new hires
  • Key ResultReduce hiring process time by 30% while maintaining quality of hires
  • TaskImplement an efficient applicant tracking system
  • TaskStreamline the interview and selection process
  • TaskConduct timely background and reference checks
  • Key ResultImplement a standardized interviewing system across all departments
  • TaskDevelop a standard interview protocol for all departments
  • TaskTrain hiring managers on the new interview system
  • TaskMonitor and adjust the system based on feedback

OKRs to improve employee retention

  • ObjectiveIncrease Employee Retention
  • Key ResultReduce employee turnover rate by 8%
  • Key ResultIncrease employee satisfaction score by 10%
  • Key ResultIncrease employee referrals by 15%
  • Key ResultIncrease employee engagement by 25%

More OKR templates

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

OKRs resources

Here are a list of resources to help you adopt the Objectives and Key Results framework.