Key Takeaways
- Lattice is a well known software program for enhancing worker efficiency and engagement, aimed toward selling total success inside organizations.
- It is a clear and user-friendly platform with key options, together with efficiency evaluations, 1:1s, objective setting, seamless integration, and worker suggestions.
- Lattice provides varied plans, corresponding to Efficiency Administration, Objectives and OKRs, and HRIS, to cater to companies’ distinctive wants.
- Lattice follows the per-employee-per-month (PEPM) pricing mannequin, and the subscription sometimes ranges between $14 and $22.
- Though the software program is a complete expertise and efficiency administration answer, restricted HRIS performance and buyer help are main setbacks.
Let’s See What’s Coated…
Overview Of Lattice
Lattice is a number one cloud-based efficiency administration answer that empowers companies with the instruments to enhance worker engagement and increase productiveness via efficiency evaluations, clear objective setting, one-on-ones, and real-time suggestions. Identified for its user-friendly interface and seamless integration capabilities with normal instruments like Gmail, Slack, Groups, and Outlook, Lattice has reworked the Human Useful resource Data System (HRIS) functionalities. The software program permits HR groups and enterprise leaders to trace worker efficiency, conduct one-on-ones, and supply suggestions based mostly on real-time analytics to assist particular person workers construct a profitable profession path.
Consequently, investing in Lattice could be a decisive transfer, contemplating its significance within the effectiveness of the efficiency administration programs for streamlining HR processes and enhancing workforce effectivity inside a corporation. This text will discover what Lattice provides, the pricing fashions, the important thing options, and the professionals and cons so you can also make an knowledgeable resolution. Let’s start!
Lattice Plans And Pricing: A Detailed Overview
Plan | Key Options | Pricing Per Consumer Per Month |
Efficiency Administration | Expertise evaluations, 1:1s, suggestions and reward, efficiency evaluations, and updates. | $10 |
Efficiency Administration Add-On: Engagement | Engagement and pulse surveys, eNPS, AI evaluation, onboarding and exit, and extra. | $4 |
Efficiency Administration Add-On: Develop | Competencies, profession tracks, IDPs, and 1:1 integration. | $4 |
Efficiency Administration Add-On: Compensation | Benchmarking, cycle administration, comp bands, statements, and analytics. | $6 |
Objectives & OKRs | Purpose setting/monitoring, and alignment with organizational aims. | $8 |
Efficiency Administration + OKRs & Objectives Bundle | 360° evaluations, in-product calibration, efficiency reporting and analytics, dynamic org chart, targets, and extra. | $11 |
HRIS + Payroll And Time Monitoring* | Onboarding, worker file, workflows, and report builder. | $10 + $8 |
*Be aware: Lattice HRIS is at present obtainable for US-based organizations with restricted beta testing within the UK. Availability in different international locations is underway.
Lattice has formulated varied per-employee-per-month (PEPM) pricing choices to cater to companies’ particular efficiency administration necessities based mostly on the options they require. Let’s discover!
Efficiency Administration
- Base Value Per Worker
$10 per thirty days, plus extra modules of $14. - Minimal Settlement
$4000 yearly - Options
A complete suite of instruments that features efficiency evaluations, real-time suggestions, customized efficiency enchancment plans, succession planning, 1:1s, worker engagement surveys, and analytics. - Extra Modules
Engagement, Develop, and Compensation additionally present a variety of options, together with surveys, real-time pulse insights, exterior benchmarks, AI-powered sentiment evaluation, competency metrics, progress plans, ranges and expectations, profession tracks, compensation evaluations, bonus plan payout, benchmarking knowledge, promotion dealing with, and post-cycle worker communications.
Objectives And OKRs
- Base Value Per Worker
$8 per thirty days - Minimal Settlement
$4000 yearly - Options
This plan consists of customizable cycles, seamless integration capabilities with normal work instruments, objective setting, and visible dashboards for progress monitoring.
Efficiency Administration + OKRs And Objectives Bundle
- Base Value Per Worker
$11 per thirty days + extra modules of $14 - Minimal Settlement
$4000 yearly - Options
An entire efficiency administration package deal that features 360° supervisor and peer efficiency evaluations, targets, OKRs, single sign-on (SSO), real-time suggestions, worker reward and recognition, Lattice College, in-product calibration, efficiency reporting and analytics, HRIS integration, SCIM, customized query templates, common standing updates, and alter administration hub.
HRIS + Payroll And Time Monitoring
- Base Value Per Worker
$10 month-to-month + $6 for payroll and $2 for time monitoring. - Minimal Settlement
$4000 yearly (customized pricing is accessible) - Options
This plan’s main focus areas embrace reporting and analytics, efficiency administration, worker onboarding, payroll processing, seamless integrations, customizable surveys, worker file administration, advantages administration, and workflow administration.
Lattice Pricing Comparability
Lattice worth quotes rely on varied components, together with the scale of the group, chosen plans, the variety of workers, customization, the length of the contract, and extra options. Here is a breakdown, together with their options and extra modules.
Expertise Administration Plan
Lattice’s Expertise Administration pricing plan goals to assist companies establish and help prime performers, perceive the expertise panorama, and align worker improvement with organizational targets for efficient profession improvement.
Finest For:
- Small companies, massive enterprises, and high-growth corporations.
- Firms targeted on enhancing worker engagement.
- Companies utilizing varied office HR instruments.
- Firms targeted on nurturing their expertise pool.
- Companies that desire a fashionable answer for efficiency administration.
Lattice Expertise Administration Plan Options
Efficiency Administration
- Customizable evaluate cycles, one-on-one check-ins, and steady suggestions.
- Purpose setting and OKR monitoring, real-time suggestions, and efficiency enchancment plans.
- Succession planning to make sure management transitions.
Worker Engagement
- Engagement surveys and pulse checks to gather real-time suggestions.
- eNPS to measure worker satisfaction.
- Automated onboarding and exit surveys.
- AI evaluation to establish key traits and suggestions for motion.
Worker Growth
- Particular person improvement plans for profession progress and talent improvement.
- Clear profession tracks for development.
- Seamless entry to coaching and improvement sources.
- Integrating profession talks into common one-on-one conferences.
Add-Ons
Engagement
- Worker engagement surveys, automated pulses, and eNPS surveys.
- Business, area, and country-specific engagement benchmarks and historic benchmarks to check efficiency.
- AI-powered sentiment insights and real-time pulse insights to establish the important thing engagement drivers.
Develop
- Competency matrices for every stage inside a selected function.
- Personalised Particular person Growth Plans (IDPs) for profession development.
- Visible illustration of potential profession tracks.
- Expertise administration initiatives.
Compensation
- Entry to industry-leading benchmarking knowledge for the most recent pay construction updates.
- Information-driven decision-making to make sure consistency and effectivity.
- Centralized compensation cycles, finances monitoring, and collaboration instruments.
- Built-in analytics to resolve compensation-related queries.
- Analytics guarantee equity within the compensation packages.
- Quick access to compensation historical past and automatic workflows.
HRIS Plan
Lattice’s HRIS plan is scalable, intuitive, and versatile. It helps companies streamline their HR processes by integrating all HR capabilities into one platform, develop their workforce, and enhance worker engagement and expertise.
Finest For:
- Midsized corporations (50-1000 workers) that wish to streamline HR processes.
- Companies that want to enhance worker engagement.
- HR groups that wish to automate workflows and join their expertise suite with totally different packages.
Lattice HRIS Plan Options
Core Performance
- Securely shops worker data with customizable fields.
- Automated onboarding processes for a constant expertise.
- Customized workflows to make sure consistency and accuracy throughout knowledge.
- Custom-made reporting and analytics to realize insights into the workforce.
- Guaranteeing compliance with related legal guidelines and rules.
- Worker self-service to scale back HR workload.
- Seamless integrations with different office programs to create a unified knowledge ecosystem.
Expertise Administration And Engagement
- Allows objective setting, efficiency evaluations, and suggestions cycles.
- Drives worker engagement utilizing surveys, eNPS, and pulses.
- Provides profession pathing, improvement packages, and progress plans for worker improvement.
Add-Ons
Payroll
- Unified worker knowledge for correct payroll processing.
- Automated calculations for payroll, tax deductions, and different contributions.
- A user-friendly self-service portal for workers to simply entry their payroll particulars.
- Complete reporting and analytics capabilities to trace payroll traits and knowledge.
- AI-powered anomaly detection to keep away from errors and permit well timed corrections.
Time Monitoring
- Centralized knowledge storage, eliminating the necessity for handbook knowledge entry.
- Correct monitoring of labor hours.
- Fast timecard approval from managers.
- Seamless knowledge synchronization to make sure exact pay runs.
Lattice’s Core Options
Efficiency Opinions
Lattice provides extremely customizable efficiency evaluations that enable organizations to tailor their evaluate course of to particular necessities.
Actual-Time Suggestions
Encourages ongoing communication between workers and managers and creates a platform for steady progress and talent improvement.
Purpose Setting
Integrates objective setting into efficiency administration and offers transparency in monitoring progress.
Worker Growth
Lattice units targets, tracks worker improvement actions, and permits managers to supply steady suggestions for total improvement.
Compensation Administration
Lattice makes selections about pay and the compensation course of clear, empowering workers.
Professionals And Cons Of Lattice
Professionals
Consumer-Pleasant Interface With Seamless Integration
One in every of Lattice’s standout options is that it’s simple to navigate and seamlessly suits into present workflows, permitting customers to entry suggestions and evaluations straight via their present programs, like Gmail, Groups, or Outlook.
Streamlined 1:1 Communication
The strong 1:1 assembly characteristic makes it simpler for managers and workers to speak with one another and foster higher collaboration. The performance ensures all conversations are effectively documented and permits managers and workers to remain on the identical web page.
Profession Pathing And Compensation Administration
Lattice lately launched profession pathing and compensation administration to assist workers establish the required expertise and competencies for profession development throughout the group. The compensation module permits HR groups to streamline payroll and improve transparency.
Sturdy Monetary Backing And Market Management
Lattice has sturdy monetary stability, enabling it to discover and develop into varied HRIS functionalities. This makes it a dependable selection for organizations aiming to streamline their HR processes.
Expanded HRIS Capabilities
Regardless of the preliminary deal with expertise and efficiency administration, Lattice is now venturing into core HRIS functionalities to develop into a powerful platform for unified expertise and HR administration options.
Cons
Repetitive Automated Questionnaires
Lattice’s automated questionnaires may very well be extra participating, as workers usually really feel obligated to finish them moderately than excited to share their recent views.
Restricted Match For Advanced Organizations
Lattice primarily focuses on efficiency administration, objective setting, and worker engagement. It’s comparatively new within the HRIS house and lacks the required complete HRIS options for managing companies with intricate buildings or sophisticated HR targets.
Lacks Key HRIS Modules
Lattice has lately ventured into HRIS functionalities and doesn’t supply all-encompassing HR options like time monitoring, payroll, or advantages administration like different widespread HRIS platforms.
Restricted Direct Account Assist For Smaller Prospects
Buyer help is a major downside of Lattice, notably for smaller corporations. Companies with fewer than 50 workers could not obtain hands-on help as enterprise accounts.
Deciding If Lattice Is Proper For Your Enterprise
As you discover Lattice in your HRIS wants, it is important to steadiness its strengths and areas for enchancment. You may admire its intuitive, user-friendly interface and glorious integration capabilities, which make it simple to combine into your present workflows. With a deal with expertise and efficiency administration, Lattice is ideal for corporations that prioritize worker improvement and progress.
That stated, whereas Lattice has expanded its HRIS functionalities, it at present does not embrace options like payroll, advantages administration, time monitoring, or some customer support challenges. By rigorously contemplating your particular wants, you possibly can unlock the platform’s full potential.
Lattice Options
Peoplelogic
- Consumer-friendly interface.
- Automated insights, suggestions, and reporting services.
- Simplified suggestions processes.
- Seamless creation and administration of IDPs.
- Built-in stream and insights.
Betterworks
- Purpose setting and alignment with strategic aims.
- Actual-time progress monitoring via an intuitive interface.
- 1:1 conferences, worker surveys, and analytics.
- APIs for integration and customization.
- Simple integration with present and customized workflows.
- Complete buyer help.
Leapsome
- Ease of use with complete options.
- Conditional survey questions.
- Onboarding
- OKRs
- Blended studying and profession pathways.
- Funds administration.
- Recognition
- Efficiency administration.
Reflektive
- Actual-time suggestions for steady studying.
- Purpose administration and efficiency evaluate.
- 1:1 conferences and engagement surveys.
- Information-driven insights from analytics and reporting.
- Seamless HRIS integration.
- Cell accessibility.
- Customizable templates.
BambooHR
- Centralized knowledge storage and administration.
- Applicant Monitoring System (ATS) to streamline recruitment.
- Onboarding and offboarding.
- Pre-built studies and dashboards for reporting and analytics.
- Efficiency administration and worker engagement.
- Simple integration with different HR-related purposes.
15Five
- 1:1 conferences and suggestions.
- Finest-Self Overview for a guided evaluate.
- Profession hub.
- Simple check-ins.
- Actionable engagement surveys.
- Excessive fives or recognition.
- HR outcomes dashboard and supervisor effectiveness indicator.
Conclusion
Lattice is a pacesetter in worker engagement and expertise improvement, with strong efficiency administration instruments and options and seamless integration capabilities to simplify HR operations. Nonetheless, Lattice has its limitations, notably within the HRIS house. In case you are looking for an all-encompassing HRIS answer, Lattice may not be your best option. Quite the opposite, in case your focus is on a clear, scalable answer for enhancing worker efficiency, Lattice could be well worth the funding.
FAQs
Lattice is best suited for corporations looking for a user-friendly platform for streamlining expertise administration and worker engagement.
Lattice has a aggressive worth construction, ranging between $14 and $22 per-employee-per-month (PERM).
A number of components affect the Lattice value of companies, such because the group measurement, variety of customers, present contract size, new contract size, customized integrations, specialised or superior options, and extra companies.
There may be hidden prices for customized integrations, extra coaching, devoted help, and premium options.
Lattice doesn’t supply a standard free trial however offers customized demos and a 7-day free trial for L365.
Lattice is a stronger selection than Leapsome, Peoplelogic, or different platforms. It’s a main efficiency administration answer emphasizing worker improvement, profession administration, efficiency evaluations, and a user-friendly interface.
Lattice provides a versatile cost choice, both month-to-month or yearly. It offers custom-made cost plans, UPI funds, and basic cost strategies like on-line banking, digital wallets, and credit score/debit playing cards.