Hey there, fellow SaaS enthusiasts! Upendra Varma here, and today we're diving into the exciting world of Lattice pricing. If you're looking for a talent suite that can take your organization's people strategy to new heights, then you're in the right place. So, let's buckle up and explore the plans and costs of Lattice!
First things first, if you want to check out their website, just click here. Trust me, it's worth a visit!
Lattice Pricing: Plans
When it comes to Lattice, they offer various plans to cater to different needs. Let's take a closer look at what each plan has to offer:
Plan 1: Basic
- 360°, manager, and peer performance reviews
- Custom question templates
- Performance reporting and analytics
- Performance review comment sentiment analysis
- Dynamic org chart
- Performance management training
Plan 2: Standard
- All features of the Basic plan
- Regular business reviews
- In-product calibration
- Competency-based review questions
- Personalized 1:1 agendas and tracking
- Employee praise & recognition
- Regular status updates
- Real-time feedback
Plan 3: Premium
- All features of the Standard plan
- Goals and OKRs tracking and management
- Customizable goal weighting
- Organizational ownership with group goals
- Goals and OKRs analytics
- Goals and OKRs visualizations
- Progress-tracking integrations with JIRA and Salesforce
- Dynamic org chart with goal details
Plan 4: Enterprise
- All features of the Premium plan
- Employee engagement surveys
- Automated pulse surveys
- eNPS, onboarding and exit surveys
- Research-backed question bank and survey templates
- Connected engagement and performance insights
- AI-powered sentiment insights
- Engagement reporting and analytics
- Engagement training
- Regular business reviews and engagement consults
Plan 5: Custom
- All features of the Enterprise plan
- Competency matrices
- Growth plans
- Individual development plans
- Levels and expectations
- Career tracks
- Growth areas
- Career vision tools
- 1:1s and Performance Management integration
- Development analytics
- Run compensation reviews
- Include salary, bonus and equity in compensation cycles
- Bonus plan payout and one-time bonus
- Commission
- Raise guidance based on performance data
- Manager, supervisor, and admin review and approval process
- Post-cycle employee communications
- Promotion handling
- Cycle progress tracking
- View previous compensation cycles
- HRIS Integrations
- Multiple currency compensation cycles
- Benchmarking data
Lattice Pricing: Which plan to pick?
Now that we know what each plan offers, let's talk about which plan you should pick. The answer heavily depends on your organization's specific needs and budget. Here are a few recommendations based on various use cases:
- Startups and Small Businesses: If you're just getting started or have a small team, the Basic or Standard plan should be a great fit. They offer essential performance review features without breaking the bank.
- Growing Companies: For organizations looking to scale and improve employee engagement, the Premium or Enterprise plans are worth considering. These plans provide advanced features like goal tracking, engagement surveys, and AI-powered insights.
- Large Enterprises: If you're a big player in the corporate world, the Custom plan might be the way to go. It gives you access to all the bells and whistles Lattice has to offer, including comprehensive compensation reviews and HRIS integrations.
Lattice Pricing: Is it for you?
Now that you have an idea of which plan might suit your organization, let's talk about who Lattice is suitable for. While Lattice is a versatile talent suite, it's particularly beneficial for:
- Companies of all sizes: Whether you're a small startup or a large enterprise, Lattice has plans tailored to your needs.
- HR professionals: If you're responsible for managing and improving employee performance, engagement, and development, Lattice can be a valuable tool in your arsenal.
- Managers and team leads: Lattice empowers managers and team leads to track and improve the performance of their teams, facilitate regular feedback, and set meaningful goals.
- Organizations focused on growth: If your organization values continuous improvement and growth, Lattice offers features like competency matrices, individual development plans, and career vision tools to help your employees thrive.
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Conclusion
So there you have it, folks! We've explored the plans and costs of Lattice, and hopefully, you now have a clearer picture of which plan suits your organization's needs. Remember, Lattice is a top-rated talent suite for a reason, and it could be the missing piece to boost your people strategy.
If you want to stay up to date with other exciting SaaS reviews, be sure to check out my blog saas blog. Happy talent suite hunting!
