OKR template to develop a fair, competitive salary, benefits and housing strategy
Your OKR template
Another objective is to implement adjustments ensuring 95% of employees perceive their salary as equitable. This will involve conducting an anonymous salary satisfaction survey, implementing salary adjustments based on survey results and market analysis, and analyzing market rates for equivalent roles.
The final objective in this OKR includes benchmarking salaries and benefits against similar roles through a market analysis. This involves identifying similar roles in the market for comparison, researching, and compiling salary data for these roles, and comparing the benefit packages offered for each role.
The overall goal is to create a strategy that enhances employee satisfaction and competitive advantage in the market. It aims at enhancing fairness and competitiveness in salary distribution, benefits, and housing assistance.
ObjectiveDevelop a fair, competitive salary, benefits and housing strategy
KREstablish a housing assistance program for the 50% lowest paid employees
Identify the 50% lowest paid employees- Determine housing assistance budget availability
- Develop a robust housing assistance program
- KRImplement adjustments ensuring 95% of employees perceive their salary as equitable
- Conduct anonymous survey to gauge current salary satisfaction levels
- Implement salary adjustments based on survey and market analysis
- Analyze market rates for equivalent roles and experience
- KRBenchmark salaries and benefits against similar roles in a market analysis
- Identify similar roles in the market for comparison
- Research and compile salary data for these roles
- Compare benefit packages offered for each role
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