Examples of Objectives and Key Results

Paycor Legacy Support

July 27th, 2024 Updated

If you're just getting started with OKRs, writing your first one can feel daunting at times. So we've collected sample OKRs to help you get going!

Human Resources

Objective: Successfully implement OKR methodology
Key results:

  1. 100% participation in OKR implementation training
  2. 70%+ positive employee feedback after 3 months of implementation
  3. Shorten OKR training process for new hires by 1 week

Objective: Improve employee engagement
Key results:

  1. Increase employee satisfaction by 20% -as reflected in quarterly engagement survey
  2. Implement 20% additional employee engagement activities
  3. Managers double on positive feedback received from employees

Objective: Improve employee retention
Key results:

  1. Reduce voluntary employee termination by 20%
  2. Conduct exit interviews with 100% of voluntary termination employees
  3. Identify 10% of at-risk employees during the performance review process

Objective: Improve recruiting process
Key results:

  1. Reduce average time to fill job vacancy by 7 days
  2. Increase competency interview questions by 10%
  3. Decrease cost per hire by 10%

Objective: Boost staff career development
Key results:

  1. 20% increase participation in voluntary career mapping exercise
  2. Boost internal promotion rate by 5% over the quarter
  3. Complete implementation of new career mentoring initiative

Objective: Improve salary competitiveness
Key results:

  1. Have clear salary levels for 70% of employees
  2. Use of 3 additional industry salary reports for comparison
  3. 70% of employees have salaries on par with industry rates

Objective: Increase benefits satisfaction
Key results:

  1. 50% improvement in ‘benefits’ category of employee satisfaction survey
  2. Benchmark current employee benefits with current industry standards
  3. Reduce employee health care expenses by 10%

Sales

Objective: Increase recurring revenue by 10% from last quarter
Key results:

  1. Increase sales qualified leads by 5%
  2. Lead to close rate increases by 2.5%
  3. Target of $300,000 new sales

Objective: Dominate sales like a rockstar
Key results:

  1. Increase upsell revenue by 5%
  2. Be a demo champion (100 demos/month)
  3. Close $75k in new sales

Define sales-success customer journey map process using new personas

Marketing

Objective: Increase inbound marketing leads
Key results:

  1. 20% increase of demo requests via PPC landing pages
  2. 10% boost in conversions from webinar attendees
  3. 2x eBook downloads over last month

Objective: Drive more traffic to product landing page
Key results:

  1. Double visitors to marketing website via organic search
  2. 20% click-through to landing page via newsletter
  3. 5% increase in time spent on landing page

Objective: Improve blog content quality
Key results:

  1. 25% increase in blog subscribers
  2. 20% increase in time spent on page
  3. 10% increase in blog content shares on average

Objective: Engage with industry thought leaders for press
Key results:

  1. 5 interviews with industry influencers
  2. 3 of 5 interviews published on recognized publications like Forbes, Inc etc.
  3. 2 joint webinars with industry thought leaders

Objective: Increase company brand recognition
Key results:

  1. 3 positive reviews from industry thought leaders
  2. 10% increase of marketing prospects from sponsored industry events
  3. 20% increase in PPC ad click-through demo request conversions

Objective: Improve email marketing efforts
Key results:

  1. 2x webinar registrants through email invitation
  2. 25% increase in e-book download via email click-through
  3. 10% increase in demo requests referred to email content

Objective: Create weekly newsletters for marketing leads
Key results:

  1. 40% click-through rate on average for every newsletter
  2. 20% of newsletter readers convert to demo requests
  3. 10% customer conversion rates for newsletter referred demo requests 

Product

Objective: Improve overall product usability
Key results:

  1. Release 2 product updates that improve core feature adoption by 5%
  2. X-feature retention increases to over 50%

Objective: Improve first user experience
Key results:

  1. Identify and implement core metrics that measure new user success
  2. Run 3 user studies focused on first user experience
  3. Improve desirable outcome rates by 50%

Engineering

Objective: Build a high performing engineering team
Key results:

  1. Increase performance capacity by 25% (Activity: Hire 5 new back-end developers)
  2. Develop and document performance metrics for engineering team
  3. Attend 2 additional industry recognized conferences over last quarter

Objective: Improve quality of development process
Key results:

  1. Implement process to assess development tools being used
  2. Reduce the number of customers reported bugs by 25%
  3. Increase mandatory educational development time to 1 week each quarter

Objective: Increase data security
Key results:

  1. Reduce occurrences of data breach to zero
  2. Increase data recovery rate to 100%
  3. 50% decrease in data migration and backup time

Objective: Improve company security
Key results:

  1. 100% attendance of security awareness staff training
  2. 50% increase in security using new protocol for addressing product security issues
  3. Implement a new antivirus system across company

Objective: Improve the quality of product releases
Key results:

  1. Reduce bugs found during development process by 20%
  2. Improve unit testing coverage from 50% to 70%
  3. Increase sprint capacity from 85 to 100 SP
  4. Individual developers contribute 20% more code reviews by the end of every sprint

Objective: Improve speed of feature releases
Key results:

  1. Increase length of QA testing phase before entering user testing phase by 2 weeks
  2. Reduce reported bugs by 50% a week prior to feature release
  3. Decrease of reported issues during development by 25%

Objective: Improve front-end speed
Key results:

  1. Ship X additional story points over last quarter
  2. Reduce average lead time to X
  3. Increase unit test coverage by X%

Objective: Contribute to product quality
Key results:

  1. Increase code review time by 20 minutes each day
  2. Increase time spent on learning new languages to 1 week each quarter
  3. Ship 2 additional new front-end features this quarter

Objective: Improve software application performance
Key results:

  1. Reduce API response time to 4s
  2. Reduce average application response time to <450ms
  3. Decrease code review times by half

Objective: Hire top backend talent
Key results:

  1. Attend 2 additional technology meetups over last quarter
  2. Improve recruiting process with new screening processes