3 customisable OKR examples for Turnover Reduction

What are Turnover Reduction 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 Turnover Reduction 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 our OKR guide online.

Building your own Turnover Reduction OKRs with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own OKRs.

Our customisable Turnover Reduction OKRs examples

You will find in the next section many different Turnover Reduction 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!

1OKRs to amplify employee satisfaction levels

  • ObjectiveAmplify employee satisfaction levels
  • Key ResultImplement two new employee benefits or wellness programs
  • TaskImplement and communicate new programs to employees
  • TaskEvaluate current employee benefits and identify room for improvements
  • TaskResearch and propose two new benefit or wellness programs
  • Key ResultDecrease turnover rate by 15%
  • TaskImplement employee engagement and satisfaction surveys
  • TaskDevelop comprehensive onboarding and training programs
  • TaskIntroduce competitive compensation and benefits packages
  • Key ResultIncrease employee engagement survey scores by 20%
  • TaskEnhance training programs focused on employee personal development
  • TaskInitiate monthly one-on-one employee feedback sessions with managers
  • TaskImplement regular team building activities for stronger coworker relationships

2OKRs to enhance HR's strategic partnership with business units

  • ObjectiveEnhance HR's strategic partnership with business units
  • Key ResultReduce turnover rate by 15% through retention strategies
  • TaskDevelop a comprehensive employee benefits and incentives program
  • TaskImplement systematic periodical employee performance reviews and promotions
  • TaskFacilitate consistent team building activities and trainings
  • Key ResultImprove employee engagement score by 20% through HR initiatives
  • TaskImplement regular team-building exercises and events
  • TaskConduct workplace culture improvement workshops
  • TaskEnhance communication channels for employee feedback
  • Key ResultImplement 3 new HR-related business alignment projects with positive feedback
  • TaskExecute the three chosen HR business alignment projects
  • TaskIdentify potential HR-related alignment projects
  • TaskGather feedback using post-implementation surveys

3OKRs to cultivate an appealing, inclusive company culture

  • ObjectiveCultivate an appealing, inclusive company culture
  • Key ResultDecrease turnover rate by 15% through enhanced workplace conditions
  • TaskIntroduce flexible working hours for work-life balance
  • TaskImplement mandatory team-building activities to foster camaraderie
  • TaskUpgrade office equipment for a better work experience
  • Key ResultImprove employee satisfaction score by 20% through engagement initiatives
  • TaskImplement weekly team-building activities and workshops
  • TaskConduct regular feedback and suggestion sessions
  • TaskEstablish an employee recognition and rewards system
  • Key ResultImplement 2 employee-led initiatives to foster ownership and engagement
  • TaskLaunch two employee-led initiatives
  • TaskProvide training on leading and engagement strategies
  • TaskIdentify possible leaders interested in leading initiatives

Turnover Reduction OKR best practices to boost success

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 weekly OKR 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 above). 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.

How to turn your Turnover Reduction OKRs in a strategy map

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.

More Turnover Reduction 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.

What's next? Try Tability's goal-setting AI

You can create an iterate on your OKRs using Tability's unique goal-setting AI.

Watch the demo below, then hop on the platform for a free trial.

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