Strategic HR Technology Investment: A Comprehensive Checklist for Global HR Teams
Human resources, also known as people operations, plays a vital role in every organization’s success. This dynamic department encompasses a wide array of functions, ranging from formulating and implementing effective workplace policies and procedures to fostering a strong company culture. Additionally, they handle essential tasks such as performance management, compensation and benefits management, compliance, and training. By aligning with People Operations OKRs (Objectives and Key Results), this strategic team ensures the organization stays on track, driving growth and achieving its goals with efficiency and effectiveness.
OKRs guide HR teams in creating data-driven and structured goals and help keep tabs on their completion. They help drive employee engagement, create alignment, and drive high performance in the HR department and other departments. It offers a structured approach to achieve organizational objectives.
Writing OKRs for the HR department can be a daunting task, especially when you are doing it for the first time. You must be aware of the critical areas that require your attention, as well as what you must track and monitor. Well-written OKRs can help increase the productivity of the team by aligning team members’ objectives with the organization’s goals. And it requires several improvement cycles to come up with the winning OKRs.
You can refer to the below guide to understand the process of writing effective and successful business OKRs and recreate them for your finance team.
Here’s a list of People Operation OKRs / HR department that can help you get started!
| Objective | Create And Implement An Effective Benefits Program |
| Key Result 1 | Research and understand the benefit programs of 10 competitor companies |
| Key Result 2 | Compare the current employee benefits with industry standards |
| Key Result 3 | Achieve usage of about 70% of the benefits program |
| Key Result 4 | Maintain the budget for benefits for each team below 700$ |
| Objective | Grow The Organization With A-Players |
| Key Result 1 | Increase referral fees for Employee referral programme by 10% |
| Key Result 2 | Launch an ongoing 2-way closed-loop feedback process |
| Key Result 3 | Achieve a ratio of 4:1 between interviewed and hired candidates |
| Key Result 4 | 75% of new hires score “meets expectations” or higher after 6 months on the job |
| Objective | Create an effective leave management system |
| Key Result 1 | Hire a new team member to service employee administrative needs |
| Key Result 2 | Evaluate 3 solutions for leave tracking and select the best one for the team |
| Key Result 3 | Achieve 90% satisfaction rate of the new system |
| Objective | Have OKRs Set And Adopted By All Teams |
| Key Result 1 | Organize OKR Goal Setting training workshop for all team members |
| Key Result 2 | Achieve an 80% approval rating on employee survey on OKR effectiveness |
| Key Result 3 | Achieve at least 50% completion rate for the first OKRs cycle |
| Objective | Create And Sustain A Diverse And Inclusive Team |
| Key Result 1 | Increase women in leadership positions (Director and above) to 43% |
| Key Result 2 | Conduct an unconscious bias workshop and train the managers |
| Key Result 3 | Improve the rate of underrepresented minorities in tech roles up to 39% |
| Objective | Implement Employee Development Programs For Remote Employees |
| Key Result 1 | Create personalized career development programs for remote employees |
| Key Result 2 | Increase online career development courses from 50 to 100 |
| Key Result 3 | Increase employee assessment completion rate from 30% to 80% |
| Key Result 4 | Increase the number of certification courses from 20 to 50 |
| Objective | Create Inclusive Insurance Plans for LGBTQIA+ Employees’ Partners |
| Key Result 1 | Reach out to 10 insurance providers that cover LGBTQIA+ employees’ partners |
| Key Result 2 | Create a proposal for internal monetary support |
| Key Result 3 | Run a monthly survey to understand the insurance concerns of LGBTQIA+ Employees |
We hope this article on people operations OKRs has helped you. Check out our exclusive guide on OKRs to understand the importance, benefits, and steps of creating OKRs. You can also download templates and use them for tracking and reporting team productivity.
