The global performance management software is estimated to reach $10.1 billion in value by 2030, according to Globe News Wire.
With the market for performance management solutions growing and performance management becoming increasingly important for boosting employee success, it is only natural for businesses to look for the top performance management software on the market.
Lattice is a solution many users favor due to its extensive feature list, but small and medium-sized businesses may find the price too high for their budget.
This piece presents an overview of the top 5 Lattice competitors, with pros, cons, and customer reviews, so you can decide which one ticks everything on your list.
Lattice competitors' selection criteria
User-Friendliness. Performance management software should have a user-friendly interface, familiar design patterns, contextual guidance, customization options, and comprehensive training, ensuring a natural and intuitive user experience.
Insightful Reporting. A good Lattice competitor should provide meaningful reports and analytics to help managers better understand team performance and develop ways to improve it.
Smooth Integration. The performance management system software should blend effortlessly with other organizational tools like Jira, Slack, and Teams to ensure a seamless workflow.
Scalable. The performance management software should be ready to grow with the organization or a team by accommodating a growing user base, handling a larger volume of data and modifying workflows and reporting structures accordingly.
Value for Money. A good Lattice competitor should strike the right balance between offering robust features and reasonable prices. Ideally, it should offer basic features at a lower price with more features available for larger businesses.
Plai is a user-friendly performance management software that simplifies organizational processes to build a high-performance culture. With this platform, you can easily collect anonymous feedback, set the right objectives with OKRs, and tap into advanced reporting features.
Plai is the software broadly recognized for its intuitiveness and user-friendliness. This Lattice competitor is top of the line and is a major tool for improving employee performance and developing employee competencies. In a nutshell, Plai goes beyond just software. The team behind this product managed to go far and beyond when designing and developing the platform’s interface. Plai ensured its users could use all the tool’s advantages within just one week of training. This is something that saves you an immense deal of time and effort.
Features
Performance reviews. Gather feedback, run automated review cycles, and not deal with hundreds of forms and sheets.
Goal-setting. Align and focus team and individual objectives with OKRs. With Plai, you can set company, department and individual goals and percentage or numeric goals for a better performance overview in real-time.
One-on-ones. Schedule regular check-ins to craft meaningful conversations with 100+ templates and questions, action items list and shared/private notes for better organization and use of this time.
Peer-to-peer feedback. Provide regular and constructive peer-to-peer feedback.
Growth plans. Help employees set and track personal goals and explore career paths in a fair, transparent environment.
Praise. Reward excellence and reinforce company culture with public praise while fostering healthy competition with a leaderboard.
Employee surveys. Assess and enhance employee engagement with easily scheduled surveys with in-depth analytics while making performance appraisals less stressful for employees and managers.
Dashboards and analytics. Access integrated reports on employee performance, goals, and engagement to identify trends and decrease attrition. You can filter data by specific users or teams,s and compare grades with scored attributes in 360 reviews easily with 2 clicks.
AI-based features that provide quick report analysis, smart AI suggestions for goals and feedback, and valuable insights about your organization and team.
Integrations. Integrates smoothly with your existing tools such as Zoho, Slack, MC Teams, calendar, HR systems, and identity management providers.
Pros
An all-in-one solution with an expansive toolkit of both general and unique features. You will rarely need third-party integrations and can collect, measure, and manage employee performance effortlessly.
Intuitive and user-friendly interface with customizable dashboards. On average, a company can master Plai in just 1 week.
Library of pre-built templates to ensure a user-centric approach. This feature helps meet different companies' needs and adapt to various workflows.
24/7 customer support service ready to tackle any inquiry.
Pricing plans with no minimum commitment. Pay as you go and use as many features as you like.
Cons
First-time users of a performance management platform may need time to adjust. However, Plai offers a knowledge base and easy-to-follow demos to help you learn the platform's functionality in minutes.
Pricing
When it comes to pricing, in addition to a 14-day free trial, Plai offers these packages:
Starter at $2.4/user/month
Pro at $4/user/month
Enterprise with custom pricing
Reviews and Feedback
Plai is well-regarded by users, especially regarding its user-friendly interface, intuitive design, and team management.
Betterworks is an advanced performance management software and one of the Lattice competitors crafted to boost employee engagement, enhance managerial efficiency, and improve business impact.
Features
One-on-ones. Facilitate one-on-one meetings to boost productivity, collaboration, and alignment.
Conversations. Promote dialogue, coaching, career discussions, and performance reviews.
Real-time feedback. Emphasize recognition and create a goal-oriented workforce culture.
Data calibration. Tap into data-driven insights showing all you need to know about employee performance to identify and groom talent.
Goal-setting. Align OKRs with individual career development initiatives and team objectives.
Integrations. Access and integrate various solutions like G Suite, MC Teams, Slack, etc.
Pros
Advanced goal-setting
Real-time feedback capabilities
Data-driven insights for talent management
Cons
Takes time to learn
Potential integration issues with MS Teams
Pricing
Betterworks provides pricing packages upon request. Reach the company's representative and get a custom quote.
Reviews and Feedback
Betterworks gets positive feedback regarding its goal-setting features in handling OKRs.
Leapsome is an employee management tool and an alternative to 15Five. Built for managing multiple processes, so you can foster employee engagement, increase productivity, promote learning, and track progress tracking OKRs with Leapsome.
Features
Employee engagement. Reach higher levels of employee satisfaction through instruments engaging both managers and employees.
Reflektive is a performance management and employee recognition platform. As a notable Lattice competitor and BambooHR alternative, this platform was designed to take employee and team performance to the next level.
Features
Performance management. Work with goal-setting, employee reviews, one-on-ones, and feedback collection.
People analytics. Access pre-built customizable dashboards, understand industry-specific trends, and get valuable business insights.
Employee engagement. Use surveys, benchmarks, and Natural Language Processing (NLP) to build top-of-the-line employee recognition programs.
Integrations. Integrate software like Slack, MS Teams, workday, Namely, ADP, and Okta to expand Reflektive's toolkit.
Pros
Advanced tools like NLP
Robust reviews and feedback capabilities
Intuitive
Cons
Lack of pricing options
Might be integration issues with MS Teams
Pricing
Reflektive provides a Starting Price plan at $6/user/month.
Reviews and Feedback
Reflektive is software with particular attention to new technologies, analytics, and people management. All these aspects are reflected in numerous positive reviews.
BambooHR is a great performance management software and one of the Lattice competitors. This platform was tailored to simplify HR tasks for small to medium-sized businesses.
Features
Streamlined hiring and onboarding. Use applicant tracking, onboarding checklists, and electronic signatures to ensure easy and smooth hiring and onboarding.
Employee database and records. Store all employee information in one place.
Time-off tracking. Manage and track employee time off in several clicks.
Advanced reporting and analytics. Have an in-depth insight into turnover rate and salary information to better decision-making.
Integrations. Integrate smoothly with NetSuite, TazWorks, iMocha, Slack, PayScale, Okta, Indeed, etc.
Pros
Comprehensive people management solution
Excellent customer support
Cons
Pricing not transparent
Limited customization
Too feature-rich for very small businesses
Pricing
While BambooHR doesn’t have its pricing listed publicly, the platform’s customers suggest there are two basic pricing options:
Essentials at $5.25/user/month
Advantage at $8.75/user/month
Reviews and Feedback
Based on user reviews, BambooHR is the platform you get when you want to stay informed on everything that is going on with your workforce. Also, it is regarded as one of the key Leapsome competitors.
Plai is an all-in-one solution that can handle various tasks, from performance to talent management. This platform has a great toolkit with both general and unique features. What is more, Plai is affordable and provides outstanding customer support service.
Intrigued and want to put our assumption to the test? Sign up right away, and you'll see for yourself why Plai is the next big thing in the HR software market.
FAQ
What is comparable to Lattice?
Platforms like Plai, Betterworks, Leapsome, Reflective, and BambooHR are comparable to Lattice. These are direct Lattice competitors that have all it takes to improve workflows and boost performance management.
What are the disadvantages of Lattice?
Lattice disadvantages are hidden in the fact that having a massive number of tools can be seriously overwhelming for some users, especially when they find it difficult to master them. Additionally, users occasionally encounter frustrating glitches and bugs along the way.
What type of company is Lattice?
Lattice is a people and performance management solution that help build and manage high-performing teams. In general, Lattice has features promoting employee growth, creating comprehensive data-driven reports, developing employees' core competencies, and many more.
How many companies use Lattice?
More than 5000 companies are using Lattice. However, it does not mean you should not look for a Lattice competitor. In many cases, you can always find a performance management solution meeting your needs better than Lattice does.
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