Essential Insights on Lattice
- Lattice stands out as a prominent software solution designed to enhance employee performance and engagement, driving overall organizational success.
- This platform features an intuitive interface loaded with essential tools such as performance reviews, one-on-ones, goal-setting, smooth integrations, and feedback mechanisms.
- With various plans available—Performance Management, Goals and OKRs, and HRIS—Lattice caters to the diverse needs of businesses.
- The pricing operates on a per-employee-per-month (PEPM) model, typically falling between $14 and $22.
- Despite its comprehensive capabilities in performance and talent management, some areas, such as HRIS functionality and customer service, may have limitations.
Table of Contents
Introduction to Lattice
Lattice is a cloud-based performance management tool that grants organizations the ability to enhance employee engagement and productivity through effective performance reviews, goal setting, one-on-ones, and real-time feedback. Celebrated for its user-friendly design, it integrates effortlessly with popular applications like Gmail, Slack, Teams, and Outlook, revolutionizing HRIS functionalities. This tool enables HR professionals and organizational leaders to monitor employee performance dynamically, conduct meaningful meetings, and provide feedback based on actionable insights.
Investing in Lattice is a strategic choice, vital for refining performance management systems while boosting HR efficiency within a business. In this article, we delve into what Lattice offers, its pricing structures, key features, and the pros and cons associated with it, helping you make an informed decision. Let’s get started!
Plans and Pricing for Lattice: Comprehensive Overview
Plan | Core Features | Pricing Per User Per Month |
Performance Management | Talent reviews, 1:1s, feedback, and performance updates. | $10 |
Engagement Add-On | Surveys, eNPS, onboarding insights. | $4 |
Grow Add-On | Career tracks, individual development plans. | $4 |
Compensation Add-On | Benchmarking, cycle management, and analytics. | $6 |
Goals & OKRs | Goal-setting and tracking aligned with company objectives. | $8 |
Bundle Package | Includes 360° reviews, reporting, and analytics. | $11 |
HRIS + Payroll | Onboarding, employee records, and workflow management. | $10 + $8 |
*Note: Lattice HRIS is currently offered for U.S.-based organizations with limited beta testing in the UK, with plans for expansion.
Exploring Lattice Features
Performance Management
- Base Price: $10 per month, plus additional modules of $14.
- Annual Minimum: $4000.
- Key Features: Performance reviews, feedback, engagement surveys, and analytics.
Goals and OKRs
- Base Price: $8 per month.
- Annual Minimum: $4000.
- Key Features: Customizable goal-setting and progress dashboards.
HRIS + Payroll and Time Tracking
- Base Price: $10 per month, plus $6 for payroll and $2 for time tracking.
- Annual Minimum: $4000 (custom pricing is available).
- Key Features: Comprehensive HR tools, reporting, integration capabilities.
Comparative Analysis of Lattice Plans
Lattice offers flexible pricing options based on various factors, including organizational size, selected plans, and required features. Here’s how its talent management and HRIS solutions measure up:
Pros of Lattice
- User-friendly platform with excellent integration capabilities.
- Streamlined communication tools for effective collaboration.
- Robust career development and compensation management resources.
Cons of Lattice
- Limited direct support for smaller organizations.
- Lacks some comprehensive HRIS features compared to competitors.
- Automated questionnaires may lack engagement value.
Is Lattice the Right Fit for Your Business?
When assessing if Lattice meets your HRIS requirements, weigh its strengths against its limitations. The platform excels in performance and talent management, making it ideal for businesses that focus on employee growth. However, it may fall short for organizations needing robust HRIS features.
Alternatives to Lattice
Peoplelogic
- Intuitive interface with automated insights.
- Efficient feedback processes and management of IDPs.
Betterworks
- Focus on goal alignment and real-time tracking.
- Comprehensive customer support available.
Conclusion
Lattice is a formidable leader in talent management and employee engagement, offering powerful tools for enhancing performance. While it offers dynamic solutions, its HRIS functions may not meet every need. For businesses prioritizing performance management, Lattice proves to be a valuable investment.
FAQs
Lattice is ideal for organizations aiming to streamline talent management and boost employee engagement.
The pricing structure for Lattice generally ranges from $14 to $22 per employee per month (PEPM).
Several factors affect Lattice pricing, including organization size, user count, contract term, and desired features.
Additional costs may arise for custom integrations, training, or premium features.
No traditional free trial is offered, but personalized demos and a limited trial period are available.
Lattice is often seen as a superior choice compared to other platforms, prioritizing employee development and performance management functionalities.