Key Takeaways
Lattice is a well known tool for boosting worker efficiency and engagement, aimed toward selling total luck inside of organizations.
It is a blank and user-friendly platform with key options, together with efficiency evaluations, 1:1s, purpose atmosphere, seamless integration, and worker comments.
Lattice provides more than a few plans, reminiscent of Efficiency Control, Targets and OKRs, and HRIS, to cater to companies’ distinctive wishes.
Lattice follows the per-employee-per-month (PEPM) pricing type, and the subscription usually levels between $14 and $22.
Despite the fact that the tool is a complete skill and function control answer, restricted HRIS capability and buyer strengthen are primary setbacks.
Let’s See What is Lined…
Review Of Lattice
Lattice is a number one cloud-based efficiency control answer that empowers companies with the equipment to reinforce worker engagement and spice up productiveness via efficiency evaluations, transparent purpose atmosphere, one-on-ones, and real-time comments. Identified for its user-friendly interface and seamless integration functions with usual equipment like Gmail, Slack, Groups, and Outlook, Lattice has remodeled the Human Useful resource Data Machine (HRIS) functionalities. The tool permits HR groups and trade leaders to trace worker efficiency, behavior one-on-ones, and supply comments in line with real-time analytics to assist particular person staff construct a a hit profession trail.
Because of this, making an investment in Lattice can be a decisive transfer, taking into consideration its significance within the effectiveness of the efficiency control techniques for streamlining HR processes and bettering personnel potency inside of a company. This article is going to discover what Lattice provides, the pricing fashions, the important thing options, and the professionals and cons so you’ll be able to make an educated resolution. Let’s start!
Lattice Plans And Pricing: A Detailed Review
Plan
Key Options
Pricing According to Consumer According to Month
Efficiency Control
Ability evaluations, 1:1s, comments and reward, efficiency evaluations, and updates.
$10
Efficiency Control Upload-On: Engagement
Engagement and pulse surveys, eNPS, AI research, onboarding and go out, and extra.
$4
Efficiency Control Upload-On: Develop
Competencies, profession tracks, IDPs, and 1:1 integration.
$4
Efficiency Control Upload-On: Reimbursement
Benchmarking, cycle control, comp bands, statements, and analytics.
$6
Targets & OKRs
Function atmosphere/monitoring, and alignment with organizational goals.
$8
Efficiency Control + OKRs & Targets Package
360° evaluations, in-product calibration, efficiency reporting and analytics, dynamic org chart, targets, and extra.
$11
HRIS + Payroll And Time Monitoring*
Onboarding, worker document, workflows, and document builder.
$10 + $8
*Notice: Lattice HRIS is recently to be had for US-based organizations with restricted beta checking out in the United Kingdom. Availability in different nations is underway.
Lattice has formulated more than a few per-employee-per-month (PEPM) pricing choices to cater to companies’ particular efficiency control necessities in line with the options they require. Let’s discover!
Efficiency Control
Base Worth According to Worker$10 monthly, plus further modules of $14.
Minimal Settlement$4000 every year
FeaturesA complete suite of equipment that comes with efficiency evaluations, real-time comments, customized efficiency growth plans, succession making plans, 1:1s, worker engagement surveys, and analytics.
Further ModulesEngagement, Develop, and Reimbursement additionally supply quite a lot of options, together with surveys, real-time pulse insights, exterior benchmarks, AI-powered sentiment research, competency metrics, expansion plans, ranges and expectancies, profession tracks, reimbursement evaluations, bonus plan payout, benchmarking information, promotion dealing with, and post-cycle worker communications.
Targets And OKRs
Base Worth According to Worker$8 monthly
Minimal Settlement$4000 every year
FeaturesThis plan contains customizable cycles, seamless integration functions with usual paintings equipment, purpose atmosphere, and visible dashboards for growth monitoring.
Efficiency Control + OKRs And Targets Package
Base Worth According to Worker$11 monthly + further modules of $14
Minimal Settlement$4000 every year
FeaturesA whole efficiency control package deal that comes with 360° supervisor and peer efficiency evaluations, targets, OKRs, unmarried sign-on (SSO), real-time comments, worker reward and popularity, Lattice College, in-product calibration, efficiency reporting and analytics, HRIS integration, SCIM, customized query templates, common standing updates, and alter control hub.
HRIS + Payroll And Time Monitoring
Base Worth According to Worker$10 per thirty days + $6 for payroll and $2 for time tracking.
Minimum Agreement$4000 annually (custom pricing is available)
FeaturesThis plan’s primary focus areas include reporting and analytics, performance management, employee onboarding, payroll processing, seamless integrations, customizable surveys, employee record management, benefits administration, and workflow management.
Lattice Pricing Comparison
Lattice price quotes depend on various factors, including the size of the organization, selected plans, the number of employees, customization, the duration of the contract, and additional features. Here’s a breakdown, along with their features and additional modules.
Talent Management Plan
Lattice’s Talent Management pricing plan aims to help businesses identify and support top performers, understand the talent landscape, and align employee development with organizational goals for effective career development.
Best For:
Small businesses, large enterprises, and high-growth companies.
Companies focused on improving employee engagement.
Businesses using various workplace HR tools.
Companies focused on nurturing their talent pool.
Businesses that want a modern solution for performance management.
Lattice Talent Management Plan Features
Performance Management
Customizable review cycles, one-on-one check-ins, and continuous feedback.
Goal setting and OKR tracking, real-time feedback, and performance improvement plans.
Succession planning to ensure leadership transitions.
Employee Engagement
Engagement surveys and pulse checks to collect real-time feedback.
eNPS to measure employee satisfaction.
Automated onboarding and exit surveys.
AI analysis to identify key trends and recommendations for action.
Employee Development
Individual development plans for career growth and skill development.
Clear career tracks for advancement.
Seamless access to training and development resources.
Integrating career talks into regular one-on-one meetings.
Add-Ons
Engagement
Employee engagement surveys, automated pulses, and eNPS surveys.
Industry, region, and country-specific engagement benchmarks and historical benchmarks to compare performance.
AI-powered sentiment insights and real-time pulse insights to identify the key engagement drivers.
Grow
Competency matrices for each level within a specific role.
Personalized Individual Development Plans (IDPs) for career progression.
Visual representation of potential career tracks.
Talent management initiatives.
Compensation
Access to industry-leading benchmarking data for the latest pay structure updates.
Data-driven decision-making to ensure consistency and efficiency.
Centralized compensation cycles, budget tracking, and collaboration tools.
Integrated analytics to resolve compensation-related queries.
Analytics ensure fairness in the compensation packages.
Easy access to compensation history and automated workflows.
HRIS Plan
Lattice’s HRIS plan is scalable, intuitive, and flexible. It helps businesses streamline their HR processes by integrating all HR functions into one platform, develop their workforce, and improve employee engagement and experience.
Best For:
Midsized companies (50-1000 employees) that want to streamline HR processes.
Businesses that are looking to improve employee engagement.
HR teams that want to automate workflows and connect their talent suite with different programs.
Lattice HRIS Plan Features
Core Functionality
Securely stores employee records with customizable fields.
Automated onboarding processes for a consistent experience.
Custom workflows to ensure consistency and accuracy across data.
Customized reporting and analytics to gain insights into the workforce.
Ensuring compliance with relevant laws and regulations.
Employee self-service to reduce HR workload.
Seamless integrations with other workplace systems to create a unified data ecosystem.
Talent Management And Engagement
Enables goal setting, performance reviews, and feedback cycles.
Drives employee engagement using surveys, eNPS, and pulses.
Offers career pathing, development programs, and growth plans for employee development.
Add-Ons
Payroll
Time Tracking
Centralized data storage, eliminating the need for manual data entry.
Accurate tracking of work hours.
Quick timecard approval from managers.
Seamless data synchronization to ensure precise pay runs.
Lattice’s Core Features
Performance Reviews
Lattice offers highly customizable performance reviews that allow organizations to tailor their review process to specific requirements.
Real-Time Feedback
Encourages ongoing communication between employees and managers and creates a platform for continuous growth and skill development.
Goal Setting
Integrates goal setting into performance management and provides transparency in tracking progress.
Employee Development
Lattice sets goals, tracks employee development activities, and allows managers to provide continuous feedback for overall development.
Compensation Management
Lattice makes decisions about pay and the compensation process transparent, empowering employees.
Pros And Cons Of Lattice
Pros
User-Friendly Interface With Seamless Integration
One of Lattice’s standout features is that it is easy to navigate and seamlessly fits into existing workflows, allowing users to access feedback and reviews directly through their existing systems, like Gmail, Teams, or Outlook.
Streamlined 1:1 Communication
The robust 1:1 meeting feature makes it easier for managers and employees to communicate with each other and foster better collaboration. The functionality ensures all conversations are well documented and allows managers and employees to stay on the same page.
Career Pathing And Compensation Management
Lattice recently introduced career pathing and compensation management to help employees identify the necessary skills and competencies for career advancement within the organization. The compensation module allows HR teams to streamline payroll and increase transparency.
Strong Financial Backing And Market Leadership
Lattice has strong financial stability, enabling it to explore and expand into various HRIS functionalities. This makes it a reliable choice for organizations aiming to streamline their HR processes.
Expanded HRIS Capabilities
Despite the initial focus on talent and performance management, Lattice is now venturing into core HRIS functionalities to become a strong platform for unified talent and HR management solutions.
Cons
Repetitive Automated Questionnaires
Lattice’s automated questionnaires could be more engaging, as employees often feel obligated to complete them rather than excited to share their fresh perspectives.
Limited Fit For Complex Organizations
Lattice primarily focuses on performance management, goal setting, and employee engagement. It is relatively new in the HRIS space and lacks the necessary comprehensive HRIS features for managing businesses with intricate structures or complicated HR goals.
Lacks Key HRIS Modules
Lattice has recently ventured into HRIS functionalities and does not offer all-encompassing HR features like time tracking, payroll, or benefits administration like other popular HRIS platforms.
Limited Direct Account Support For Smaller Customers
Customer support is a significant drawback of Lattice, particularly for smaller companies. Businesses with fewer than 50 employees may not receive hands-on support as enterprise accounts.
Deciding If Lattice Is Right For Your Business
As you explore Lattice for your HRIS needs, it’s essential to balance its strengths and areas for improvement. You’ll appreciate its intuitive, user-friendly interface and excellent integration capabilities, which make it easy to integrate into your existing workflows. With a focus on talent and performance management, Lattice is perfect for companies that prioritize employee development and growth.
That said, while Lattice has expanded its HRIS functionalities, it currently doesn’t include features like payroll, benefits administration, time tracking, or some customer service challenges. By carefully considering your specific needs, you can unlock the platform’s full potential.
Lattice Alternatives
Peoplelogic
User-friendly interface.
Automated insights, recommendations, and reporting facilities.
Simplified feedback processes.
Seamless creation and management of IDPs.
Integrated stream and insights.
Betterworks
Goal setting and alignment with strategic objectives.
Real-time progress tracking through an intuitive interface.
1:1 meetings, employee surveys, and analytics.
APIs for integration and customization.
Easy integration with existing and custom workflows.
Comprehensive customer support.
Leapsome
Ease of use with comprehensive features.
Conditional survey questions.
Onboarding
OKRs
Blended learning and career pathways.
Budget management.
Recognition
Performance management.
Reflektive
Real-time feedback for continuous learning.
Goal management and performance review.
1:1 meetings and engagement surveys.
Data-driven insights from analytics and reporting.
Seamless HRIS integration.
Mobile accessibility.
Customizable templates.
BambooHR
Centralized data storage and management.
Applicant Tracking System (ATS) to streamline recruitment.
Onboarding and offboarding.
Pre-built reports and dashboards for reporting and analytics.
Performance management and employee engagement.
Easy integration with other HR-related applications.
15Five
1:1 meetings and feedback.
Best-Self Review for a guided review.
Career hub.
Easy check-ins.
Actionable engagement surveys.
High fives or recognition.
HR outcomes dashboard and manager effectiveness indicator.
Conclusion
Lattice is a leader in employee engagement and talent development, with robust performance management tools and features and seamless integration capabilities to simplify HR operations. However, Lattice has its limitations, particularly in the HRIS space. If you are seeking an all-encompassing HRIS solution, Lattice might not be the best choice. On the contrary, if your focus is on a clean, scalable solution for improving employee performance, Lattice would be worth the investment.
FAQs
Who Is Lattice Best Suited For?
Lattice is most suitable for companies seeking a user-friendly platform for streamlining talent management and employee engagement.
What Is The Pricing Model For Lattice?
Lattice has a competitive price structure, ranging between $14 and $22 per-employee-per-month (PERM).
What Factors Influence Lattice Pricing?
Several factors influence the Lattice cost of services, such as the organization size, number of users, existing contract length, new contract length, custom integrations, specialized or advanced features, and additional services.
Are There Any Hidden Costs Associated With Lattice?
There can be hidden costs for custom integrations, additional training, dedicated support, and premium features.
Is There A Free Trial Available?
Lattice does not offer a traditional free trial but provides personalized demos and a 7-day free trial for L365.
How Does Lattice Compare To Its Competitors?
Lattice is a stronger choice than Leapsome, Peoplelogic, or other platforms. It is a leading performance management solution emphasizing employee development, career management, performance reviews, and a user-friendly interface.
What Payment Options Are Available For Lattice?
Lattice offers a flexible payment option, either monthly or annually. It provides customized payment plans, UPI payments, and general payment methods like online banking, digital wallets, and credit/debit cards.
