OKR template to boost overall employee satisfaction and reduce turnover

public-lib · Published about 2 months ago

The overarching goal of this OKR is to upsurge overall employee satisfaction and minimize employee turnover. Initiatives to achieve these range from adopting a comprehensive employee engagement program to enhancing benefits and incentives. This seeks to foster a motivating and rewarding working environment, reducing voluntary turnover by 10%.

The second strategic objective is boosting employee engagement as measured by company-wide surveys. Initiatives include regular team-building events, recognition of employee accomplishments, and instituting an open forum for feedback and suggestions. This aims to improve employee engagement scores by 15%.

The third target aims at enhancing the internal promotion rate by 20%, which will be achieved through frequent communication about available promotion opportunities, and implementation of continuous skill training for all employees. A clear promotion pathway with performance benchmarks will also be developed.

The driving motive behind this OKR is to foster a workplace where employees feel valued, challenged and engaged, leading to decreased turnover rates. Boosted employee satisfaction, increased promotion opportunities and improved engagement are expected to yield positive effects on both efficiency and staff morale.
  • ObjectiveBoost overall employee satisfaction and reduce turnover
  • Key ResultDecrease voluntary employee turnover rate by 10%
  • TaskImplement a comprehensive employee engagement and satisfaction program
  • TaskIncrease opportunities for employee advancement and skill development
  • TaskEnhance employee benefits and incentive packages
  • Key ResultIncrease employee engagement score by 15% in company-wide surveys
  • TaskImplement regular team-building events for employee bonding
  • TaskProvide regular recognition for employees' accomplishments
  • TaskConduct an open forum for feedback and suggestions
  • Key ResultEnhance internal promotion rate by 20%
  • TaskIncrease communication about available promotion opportunities
  • TaskImplement ongoing skills training for all employees
  • TaskDevelop clear promotion pathways with performance benchmarks
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