Key Takeaways
- Lattice is a well-known software for enhancing employee performance and engagement, aimed at promoting overall success within organizations.
- It's a clean and user-friendly platform with key features, including performance reviews, 1:1s, goal setting, seamless integration, and employee feedback.
- Lattice offers various plans, such as Performance Management, Goals and OKRs, and HRIS, to cater to businesses' unique needs.
- Lattice follows the per-employee-per-month (PEPM) pricing model, and the subscription typically ranges between $14 and $22.
- Although the software is a comprehensive talent and performance management solution, limited HRIS functionality and customer support are major setbacks.
Let's See What's Covered...
- Overview Of Lattice
- Lattice Plans And Pricing: A Detailed Overview
- Lattice Pricing Comparison
- Lattice's Core Features
- Pros And Cons Of Lattice
- Deciding If Lattice Is Right For Your Business
- Lattice Alternatives
- Conclusion
Overview Of Lattice
Lattice is a leading cloud-based performance management solution that empowers businesses with the tools to improve employee engagement and boost productivity through performance reviews, clear goal setting, one-on-ones, and real-time feedback. Known for its user-friendly interface and seamless integration capabilities with standard tools like Gmail, Slack, Teams, and Outlook, Lattice has transformed the Human Resource Information System (HRIS) functionalities. The software allows HR teams and business leaders to track employee performance, conduct one-on-ones, and provide feedback based on real-time analytics to help individual employees build a successful career path.
Consequently, investing in Lattice would be a decisive move, considering its importance in the effectiveness of the performance management systems for streamlining HR processes and improving workforce efficiency within an organization. This article will explore what Lattice offers, the pricing models, the key features, and the pros and cons so you can make an informed decision. Let's begin!
Lattice Plans And Pricing: A Detailed Overview
Plan | Key Features | Pricing Per User Per Month |
Performance Management | Talent reviews, 1:1s, feedback and praise, performance reviews, and updates. | $10 |
Performance Management Add-On: Engagement | Engagement and pulse surveys, eNPS, AI analysis, onboarding and exit, and more. | $4 |
Performance Management Add-On: Grow | Competencies, career tracks, IDPs, and 1:1 integration. | $4 |
Performance Management Add-On: Compensation | Benchmarking, cycle management, comp bands, statements, and analytics. | $6 |
Goals & OKRs | Goal setting/tracking, and alignment with organizational objectives. | $8 |
Performance Management + OKRs & Goals Bundle | 360° reviews, in-product calibration, performance reporting and analytics, dynamic org chart, goals, and more. | $11 |
HRIS + Payroll And Time Tracking* | Onboarding, employee record, workflows, and report builder. | $10 + $8 |
*Note: Lattice HRIS is currently available for US-based organizations with limited beta testing in the UK. Availability in other countries is underway.
Lattice has formulated various per-employee-per-month (PEPM) pricing options to cater to businesses' specific performance management requirements based on the features they require. Let's explore!
Performance Management
- Base Price Per Employee
$10 per month, plus additional modules of $14. - Minimum Agreement
$4000 annually - Features
A comprehensive suite of tools that includes performance reviews, real-time feedback, personalized performance improvement plans, succession planning, 1:1s, employee engagement surveys, and analytics. - Additional Modules
Engagement, Grow, and Compensation also provide a wide range of features, including surveys, real-time pulse insights, external benchmarks, AI-powered sentiment analysis, competency metrics, growth plans, levels and expectations, career tracks, compensation reviews, bonus plan payout, benchmarking data, promotion handling, and post-cycle employee communications.
Goals And OKRs
- Base Price Per Employee
$8 per month - Minimum Agreement
$4000 annually - Features
This plan includes customizable cycles, seamless integration capabilities with standard work tools, goal setting, and visual dashboards for progress tracking.
Performance Management + OKRs And Goals Bundle
- Base Price Per Employee
$11 per month + additional modules of $14 - Minimum Agreement
$4000 annually - Features
A complete performance management package that includes 360° manager and peer performance reviews, goals, OKRs, single sign-on (SSO), real-time feedback, employee praise and recognition, Lattice University, in-product calibration, performance reporting and analytics, HRIS integration, SCIM, custom question templates, regular status updates, and change management hub.
HRIS + Payroll And Time Tracking
- Base Price Per Employee
$10 monthly + $6 for payroll and $2 for time tracking. - Minimum Agreement
$4000 annually (custom pricing is available) - Features
This 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
- Unified employee data for accurate payroll processing.
- Automated calculations for payroll, tax deductions, and other contributions.
- A user-friendly self-service portal for employees to easily access their payroll details.
- Comprehensive reporting and analytics capabilities to track payroll trends and data.
- AI-powered anomaly detection to avoid mistakes and allow timely corrections.
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
Lattice is most suitable for companies seeking a user-friendly platform for streamlining talent management and employee engagement.
Lattice has a competitive price structure, ranging between $14 and $22 per-employee-per-month (PERM).
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.
There can be hidden costs for custom integrations, additional training, dedicated support, and premium features.
Lattice does not offer a traditional free trial but provides personalized demos and a 7-day free trial for L365.
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.
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.