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Human Resource OKR Examples
OKR (Objectives and Key Results) is a goal-setting framework used by organizations to align their employees' efforts with the overall company strategy. OKRs consist of two parts: objectives and key results. Objectives are the goals that an organization wants to achieve, while key results are the specific measurable outcomes that indicate progress toward the objectives.
When it comes to human resources, OKRs can be used to set goals and track progress related to recruitment, employee engagement, training and development, diversity and inclusion, and performance management. Here are some examples of HR OKRs:
1. Objective: Improve employee retention
- Increase employee retention rate by 10%
- Conduct exit interviews with at least 80% of departing employees
- Implement at least two initiatives to address the main reasons for employee turnover
2. Objective: Increase workforce diversity and inclusion
- Increase the percentage of underrepresented groups in the workforce by 5%
- Develop and implement at least three diversity and inclusion initiatives
- Provide diversity and inclusion training to all employees
3. Objective: Improve employee performance
- Increase the percentage of employees meeting or exceeding performance goals by 15%
- Implement a new performance management system and train all managers on its use
- Conduct at least two performance reviews per year for each employee
4. Objective: Enhance employee engagement
- Increase employee engagement survey score by 10%
- Implement at least two initiatives to improve work-life balance
- Conduct at least one team-building activity per quarter
5. Objective: Improve recruitment and hiring processes
- Reduce time to fill open positions by 20%
- Increase the number of diverse candidates in the hiring pipeline by 15%
- Implement at least one new recruitment strategy, such as social media advertising or employee referrals.
These are just a few examples of HR OKRs. It's important to note that objectives and key results should be specific, measurable, and time-bound to ensure they are effective in driving progress and achieving the desired outcomes.
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