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OKR template to drive employee engagement through effective Compensation & Benefits strategies

public-lib · Published 4 months ago

Your OKR template

The main aim of this OKR is to bolster employee engagement through effective compensation and benefits strategies. There's an ambitious endeavor to lower benefits-related inquiries by a fifth by enhancing communication. To achieve this, initiatives such as developing clear benefits documentation, creating a FAQ section exclusively for benefits, and conducting regular benefits awareness sessions are in play.

A second objective in this OKR is the introduction of a reward system. The aim is to bring about a 15% rise in positive feedback from employees. This will be achieved by identifying what motivates employees in order to design suitable rewards, implementing this reward system across the company, and formulating a clear performance metric tied to rewards.

A third component of this OKR targets participation in compensation surveys. There is an aim to increase participation by a quarter. The initiatives to achieve this involve providing incentives to complete the survey, developing engaging promotional material for the surveys, and simplifying the survey completion process.

In summary, this OKR is about developing and implementing strategies for effective communication of benefits for employees, establishing a motivating reward system and promoting active participation in compensation surveys. Overall, the goal is to drive employee engagement and foster a better understanding of the company's compensation and benefits.
  • ObjectiveObjectiveDrive employee engagement through effective Compensation & Benefits strategies
  • Key ResultKRReduce benefits-related inquiries by 20% through improving benefits communication
  • TaskDevelop clear, comprehensive benefits documentation for employees
  • TaskCreate a dedicated benefits FAQ section on internal portal
  • TaskImplement regular awareness sessions regarding benefits
  • Key ResultKRImplement a reward system leading to 15% more positive employee feedback
  • TaskIdentify what truly motivates employees for suitable rewards
  • TaskImplement and communicate the new reward system companywide
  • TaskCreate a clear, attainable, reward-based performance metric
  • Key ResultKRIncrease participation in compensation surveys by 25%
  • TaskProvide incentives for completing the survey
  • TaskDevelop engaging marketing materials to promote compensation surveys
  • TaskSimplify the process to fill out surveys
Use in Tability

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.

Tability Import Options

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.

Copy from the template

Paste the content in the text import section. Don’t worry about the formatting, Tability’s AI will be able to parse it!

Importing from text

Now, just click on Import from text and let the magic happen.

Tability editor with imported content

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.

Publish import

From there you will have access to all the features that will help you and your team save hours with OKR reporting.

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