HR is a critical business function that recruits and nurtures the most precious resource for the organization – their people. However, very few companies have a strategic view of the critical function of HR. In most companies, HR is bogged down in transactional and administrative tasks (Payroll, benefits, leave management, etc.). To implement successfully the critical function of HR, OKRs can be used.
Companies, today, operate in a fast-paced competitive environment with demanding customers. It becomes hard to scale the OKR program using spreadsheets. With spreadsheets, more time will be spent trying to track OKRs than driving progress through OKRs. An OKR software with full-feature-set OKR capabilities that is simple enough for users to adopt with minimum training, is a blessing for companies.
With Profit.co’s HR OKRs templates and examples,
- Employee Engagement scores will improve and Customers and partners will notice their win-rates and CSAT scores rise.
- Most employees will feel that the entire exercise made their job more fulfilling
- Immense value will be added to customers, employees and partners
All these will result in setting the organization in a rapid ascent towards achieving their ambitious goals.
#1: Talent Acquisition Team OKRs
Objective
Recruit a Solid Digital Marketing Team
Target Date: Q3-2020
Visibility: All Employees
Key Results
Recruit 3 members for the Content Team in 6 weeks
Recruit Employees Assess 10 members from the current Marketing team for reskilling
Assess Employees for Reskilling Train & develop at least 5 internal candidates for Digital marketing
Train & develop Candidates #2: Employee Wellness Team OKRs
Objective
Establish a wonderful Employee Wellness Program
Target Date: Q3-2020
Visibility: All Employees
Key Results
Declare and plan activities for three mental health & wellbeing days per quarter
Activities for Mental Health & Wellbeing Enroll at least 80% of team members in the Employee wellness program
Employee Wellness Program Offer at least 3 Physical fitness sessions per week (Cardio/Gym/Yoga)
Offer at least 3 Physical fitness sessions per week (Cardio/Gym/Yoga) #3: Employee Wellness Team OKRs
Objective
Develop and Implement a competitive Compensation and Benefits Plan
Target Date: Q3-2020
Visibility: All Employees
Key Results
Benchmark at least 90% of the employee compensation and benefits with competition
Employee Compensation and Benefits Ensure at least 50% of employees have competitive compensation when compared with the top 2 competitors
Employees have Competitive Compensation Secure 70% Employee satisfaction rate in Annual surveys on Compensation and Benefits Plan
Employee Satisfaction Rate #4: Talent Management Team OKRs
Objective
Ensure adequate HR Compliance
Target Date: Q3-2020
Visibility: All Employees
Key Results
Define a comprehensive HR (Internal & Regulatory) Compliance Program
Define HR Compliance Program Publish Leave, Travel and reimbursement policy documents
Leave, Travel and reimbursement policy Conduct Sexual Harassment Policy training for 100% of the employees
Sexual Harassment Policy training #5: HR Training and Development OKR Team
Objective
Improve Training for Frontline Employees
Target Date: Q3-2020
Visibility: All Employees
Key Results
Establish a comprehensive training program for Frontline employees
Comprehensive Training Program Assess 100% of Frontline employees for competency mapping and Training requirements
Employees Competency Mapping and Training Complete Training for 40% of Frontline employees
Frontline Employees Training #6: Employee Wellness Team OKRs
Objective
Improve Inclusion and Diversity
Target Date: Q3-2020
Visibility: All Employees
Key Results
Ensure 100% completion rates for online diversity and Inclusion training
Online Completion Rate Identify 5 candidates in every department from disadvantaged backgrounds and offer them mentoring programs
Candidates from Disadvantage Background Create a Leadership Training program for women candidates and enroll at least 10 candidates per quarter
Leadership Training program for women candidates #7: Employee Wellness Team OKRs
Objective
Develop Succession Planning for the Leadership Team
Target Date: Q3-2020
Visibility: All Employees
Key Results
Create a succession Planning framework covering the Top 3 levels
Succession Planning Framework Identify and Map candidates for 70% of the Top 3 Levels
Identify and Map Candidates Create and enroll at least 25 candidates in the Leadership Development Program
Create and Enroll Candidates #8: Talent Management Team OKRs
Objective
Develop a Talent Risk Management Program
Target Date: Q3-2020
Visibility: All Employees
Key Results
Identify the Top 3 Departments for Talent risks and complete a benchmarking exercise
Talent Risks and Benchmarking Improve employee retention by 20%
Employee Retention Identify 5 external sources for recruiting Talent for the Top 3 departments at risk
Identify External Recruiting Sources #9: Employee Management Team OKRs
Objective
Develop an Employee engagement Program
Target Date: Q3-2020
Visibility: All Employees
Key Results
Conduct Employee satisfaction surveys every quarter
Employee Satisfaction Surveys Conduct 3 team-building activities per quarter
Team-Building Activities Conduct 3 Learning lunch programs per Month
Learning lunch programs #10: HR Training and Development OKR Team
Objective
Create a world Class Employee Onboarding program
Target Date: Q3-2020
Visibility: All Employees
Key Results
Improve Employee satisfaction after onboarding to 95%
Employee satisfaction RatingEnsure 90% readiness of employees in 4 weeks
Employees ReadinessMap 100% of new recruits with mentors
Recruits with MentorsConclusion
Let Profit.co OKR software empower your business from strategy to execution.
As OKRs can be evenly distributed over every department of an organization, You can also manage the Engineering OKR department , Marketing OKR department and Sales OKR department.