OKR template to enhance employee satisfaction through competitive compensation and benefits
Your OKR template
The second objective is the creation of two incentive schemes designed to foster professional growth and skill development among employees. The OKR doesn't mention any specific initiatives for attaining this objective. This leaves room for flexibility based on the needs and dynamics of the organization.
A third objective outlines the intention to bring about a 10% increase in overall employee compensation. For this, a series of initiatives are highlighted. Such measures include an assessment of the current pay rates against industry standards, budget increase allocation for employees' salaries, and the introduction of a performance-based reward system.
Overall, the primary aim of this OKR is to boost employee satisfaction by designing and implementing better compensation and benefits packages. It emphasizes work-life balance, the importance of professional growth, and fair compensation as key factors contributing to an enhanced employee experience.
ObjectiveEnhance employee satisfaction through competitive compensation and benefits
KRImplement 3 new benefits programs focused on work-life balance
Submit proposals for manager approval- Research best practices for work-life balance benefits programs
- Create draft proposals for three new programs
- KRCreate 2 incentive schemes promoting professional growth and skill development
- KRAchieve a 10% increase in overall employee compensation
- Assess current compensation rates against industry standards
- Allocate increased budget for employee salaries
- Implement an effective performance-based reward system
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