In a world where businesses are constantly evolving, effective performance management and employee engagement cannot be overstated. 98% of businesses understand that it’s crucial for fostering a productive work environment and driving business success.

Lattice is a cloud-based performance management solution that has revolutionized the HR landscape since its inception in 2015. With its comprehensive suite of tools, Lattice empowers businesses to streamline their performance management processes and boost employee engagement.

In this Lattice review, we explore the app's features and pricing structure and weigh its pros and cons. 

About Lattice

Lattice is a comprehensive people management platform that aims to create healthy, productive workplaces where employees can reach their full potential. 

The platform is known for its intuitive interface and nearly flat learning curve, making it accessible for HR professionals across multiple industries. 

Lattice's core functionalities include performance review, goal management, and employee engagement tools. With these, businesses can inspire growth and drive meaningful conversations.

Lattice integrates continuous performance management, employee engagement surveys, compensation oversight, and career advancement resources into a unified platform. This enables HR and people teams to leverage people analytics to drive effective business results.

Main Features Of Lattice

Performance Management

Lattice gives employees the tools they need to succeed. It includes things like performance reviews, feedback, and one-on-one meetings. It's a continuous process, so employees and managers can keep track of progress, set goals, and give ongoing feedback. 

Employee Engagement

Lattice provides employee engagement tools, including surveys, to track and improve employee satisfaction. The platform allows for responding to employee feedback to retain top talent.

People Analytics

Lattice has tools for HR teams to make decisions based on data. This includes tracking significant HR numbers, spotting trends, and creating reports. The platform's analytics tool can help businesses:

• find their strengths and weaknesses

• offer future predictions

• make intelligent decisions about their people strategy

OKRs And Goals

Lattice helps businesses set and keep track of Objectives and Key Results (OKRs). These goals help everyone in the company to work towards the same goals. With Lattice, you can set up these goals, keep track of them, and ensure they line up across the whole business.

Compensation Reviews

Lattice makes it easier to do compensation reviews. It lets businesses link performance and pay, ensuring that payment is fair and matches performance. This also helps keep employees engaged and increases their retention.

Lattice Pricing

Lattice offers a flexible platform with different pricing plans based on your desired features.

Performance Management And OKRs & Goals ($11 Per Person / Month)

This plan facilitates comprehensive performance management. It includes:

• 360° Manager

• Peer performance reviews

• Custom question templates

• Performance reporting and analytics

• Dynamic organizational chart

It also provides tools for tracking and managing goals and OKRs, customizable goal weighting, and organizational ownership with group goals.

Engagement (Additional $4 Per Person / Month)

This add-on plan enhances employee engagement. It offers automated pulse surveys, eNPS, onboarding, and exit surveys, a research-backed question bank and survey templates, and AI-powered sentiment insights. 

It also provides:

• Engagement reporting and analytics

• Real-time pulse insights

• Historical and external benchmarks

• Engagement training

Career Development (Additional $4 Per Person / Month)

The career development plan offers development analytics and a library of competencies from successful businesses. It also includes:

• Competency matrices

• Growth plans

• Individual development plans

• Levels and expectations

• Career tracks

• Competency-based review questions

• Tools to turn review responses into growth areas

Compensation Plan (Additional $6 Per Person / Month)

This add-on plan is perfect for managing compensation reviews. It includes features to set up and run compensation reviews, including:

• Salary, bonus, and equity in compensation cycles

• Bonus plan payout, one-time bonus, commission

• Raise guidance based on performance data, and manager, supervisor, and admin review and approval processes. 

It also tracks budget and spending, views previous compensation cycles, HRIS Integrations, multiple currency compensation cycles, and benchmarking data.

Lattice Review: Pros And Cons

Every software solution has strengths and weaknesses, and Lattice is no exception. Understanding these pros and cons is crucial in determining if Lattice fits your organization's unique needs and goals.

Pros

• Access to a suite of performance management and employee engagement tools.

• It's a customizable platform for various review types and goal-setting methods.

• Intuitive and easy-to-navigate interface.

• Access to an analytics tool that provides valuable employee engagement and performance insights.

• Great customer support.

Cons

• Users may find the user interface confusing and challenging to navigate.

• The goal-setting platform is a little clunky and less intuitive than expected.

• Lattice doesn't offer a free trial or version to test the software before purchasing.

• The mobile apps for Android and iOS mobile apps can be a bit buggy, with important features missing or unsuitable for mobile use.

• Integrating Lattice with other systems can be time-consuming.

• Separating goals and Key Results (KRs) can be confusing, leading to potential misunderstandings in tracking progress.

• The tool can be complicated for newcomers, making it challenging to get team buy-in.

• Transferring data is slow and takes days. Simplifying the process would be better.

  
  

Who Is Lattice Best For?

Lattice best suits HR professionals and business owners who want to improve and gain insights into employee performance and engagement levels. It benefits businesses that want to implement a structured performance review system and track employee goals effectively.

For HR professionals, Lattice is a one-stop shop for all their performance management needs. The platform allows them to conduct thorough performance reviews, gather and analyze feedback, and track employee goals. This streamlines the performance review process and provides valuable insights that can inform HR strategies and initiatives.

Business owners can use Lattice to keep a pulse on their organization. Using Lattice's engagement tools, they can find areas of concern and implement measures to improve engagement levels.

Key Takeaways

Lattice is a platform for performance management and employee engagement that provides tools to help businesses efficiently manage their workforce. 

Integrating with rewards platforms like PerkUp creates a holistic approach to employee motivation by aligning performance goals with recognition and incentives. 

PerkUp offers 1000+ gift choices, including pre-loaded Visa cards that can be used for entertainment, education, fitness, childcare, and office needs. The power of choice is a core feature, offering swappable gifts, cash rewards, or branded swag catering to individual preferences. 

Book a demo today to discover how PerkUp can help motivate your team.