Lattice Overview
Lattice is a human resources (HR) technology company that provides a comprehensive platform for managing employee performance, sentiment, and company priorities. The company is known for its innovative approach to people management, offering tools for productive meetings, clear expectations, and accountability. Lattice is designed to help organizations build operationally excellent companies by streamlining HR operations and providing real-time data for better decision-making.
Lattice Products or Services
Lattice offers a range of products and services to support HR teams and managers. Some of the most notable include:
- Team Analytics: This tool helps understand employee sentiment, ensuring everyone can achieve their best work. It provides insights into team performance and sentiment, enabling data-driven decisions.
- 1:1s: This feature makes every meeting more productive with auto-suggested agendas and action items. It helps managers have effective one-on-one meetings with their team members.
- Updates: This feature allows for asynchronous communication, keeping everyone in sync with weekly status updates. It helps teams stay connected and informed without the need for frequent meetings.
- Compensation Cycle Management: This tool streamlines the compensation process, ensuring everyone is on the same page for budgeting, decision-making, and consistency. It helps HR teams manage compensation cycles efficiently.
- Integrations: Lattice integrates with various tech stacks, including recruitment, chat, SSO, and more. This helps consolidate HR operations and automate manual tasks.
- Performance Reviews: This feature enables organizations to run performance cycles 2x faster with insights from across the review period. It helps managers and HR teams manage performance reviews efficiently.
- Engagement Surveys: This tool collects employee feedback, saving time on analyzing comments for trends that improve productivity and engagement. It helps organizations understand employee sentiment and make data-driven decisions.
Lattice & Affordability
Lattice's pricing is not publicly disclosed, but it is known to reduce administration time by 78% on average. This suggests that the platform is designed to provide significant cost savings for organizations. Compared to industry standards, Lattice's pricing is likely to be competitive, given its focus on streamlining HR operations and improving productivity.
Lattice Competitors
Lattice's primary competitors in the HR technology space include:
- Workday: Known for its comprehensive HR and financial management platform, Workday offers a range of tools for performance management, compensation, and talent management. Pricing is generally higher than Lattice, but it offers a more extensive suite of features.
- BambooHR: This platform focuses on HR management, offering tools for performance management, time-off tracking, and employee data management. Pricing is competitive with Lattice, but it has a stronger focus on core HR functions.
- 15Five: This platform is known for its continuous performance management and employee engagement tools. Pricing is generally lower than Lattice, but it has a stronger focus on performance management and feedback.
Lattice differentiates itself from competitors by offering a more comprehensive platform for people management, with a strong focus on team analytics, 1:1s, and updates. While competitors may offer similar features, Lattice's integrated approach sets it apart.
Lattice Reviews and Sentiment
Lattice has generally positive reviews from customers, with many praising its ease of use, comprehensive features, and ability to streamline HR operations. Some notable benefits include improved productivity, better employee engagement, and more effective performance management. Some customers have mentioned that the platform can be complex to set up, but overall, the sentiment is positive.
Lattice Popularity
Lattice is a well-known player in the HR technology space, with over 5,000 strategic HR teams using its platform. While it may not be a household name, it is a popular choice among organizations looking to streamline their HR operations and improve employee performance. Lattice's popularity is evident in its customer base, which includes a range of organizations from various industries.