1 OKR examples for Total Remuneration

What are Total Remuneration 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.

Formulating strong OKRs can be a complex endeavor, particularly for first-timers. Prioritizing outcomes over projects is crucial when developing your plans.

We've tailored a list of OKRs examples for Total Remuneration to help you. You can look at any of the templates below to get some inspiration for your own goals.

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

Best practices for managing your Total Remuneration OKRs

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 DashboardTability's audit dashboard will highlight opportunities to improve OKRs

Tip #2: Commit to the weekly 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 DashboardTability's check-ins will save you hours and increase transparency

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 below). 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.

Building your own Total Remuneration 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.

Best way to track your Total Remuneration OKRs

Quarterly OKRs should have weekly updates to get all the 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.

A strategy map in TabilityTability's Strategy Map makes it easy to see all your org's OKRs

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.

Total Remuneration OKRs templates

We've covered most of the things that you need to know about setting good OKRs and tracking them effectively. It's now time to give you a series of templates that you can use for inspiration!

You will find in the next section many different Total Remuneration 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 enhance employee satisfaction with total remuneration

  • ObjectiveEnhance employee satisfaction with total remuneration
  • Key ResultReduce employee turnover rate by 5% through competitive salary benchmarking and adjustments
  • Key ResultAchieve a 10% increase in employee participation in the performance-based bonus program
  • TaskImplement a feedback mechanism to address concerns and suggestions related to the bonus program
  • TaskEnhance communication channels to educate employees about the performance-based bonus program
  • TaskOffer incentives for employees who actively engage and participate in the bonus program
  • TaskProvide regular updates on performance metrics and achievements to increase employee interest
  • Key ResultIncrease usage of flexible benefits by 20% through targeted awareness campaigns
  • TaskDevelop engaging content and materials highlighting the advantages of flexible benefits
  • TaskUtilize multiple communication channels to promote the benefits and increase awareness
  • TaskRegularly monitor and analyze the campaign's impact and make necessary adjustments for improvement
  • TaskCreate a comprehensive targeted awareness campaign strategy for flexible benefits
  • Key ResultImprove the average rating of employee satisfaction surveys on total compensation by 15%
  • TaskRegularly evaluate and adjust compensation policies to align with industry standards and employee expectations
  • TaskImplement additional benefits or perks to enhance the overall compensation package
  • TaskConduct a comprehensive review of the current total compensation package for employees
  • TaskCommunicate and educate employees about the various components of their total compensation

More Total Remuneration 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.