Lattice Performance vs Workday comparison

Lattice is a people management platform designed to help businesses enhance employee engagement, performance, and development. It provides tools for continuous performance management, goal setting, and employee feedback, facilitating a culture of growth and accountability.

Lattice's platform aims to transform the way companies manage their workforce by offering a comprehensive suite of features that support performance reviews, goal tracking, and real-time feedback. It allows managers to set and track objectives, conduct regular check-ins, and gather feedback, creating a transparent and supportive work environment. The platform also includes tools for employee development, such as one-on-one meeting agendas and career growth plans, ensuring employees have the resources they need to succeed and advance within the company. With its user-friendly interface and powerful analytics, Lattice helps organizations foster a culture of continuous improvement and engagement.

What are the critical features of Lattice?

• Performance Reviews: Structured performance review processes with customizable templates and workflows to assess employee performance regularly.
• Goal Setting and Tracking: Tools to set, align, and monitor individual and team goals, ensuring everyone is working towards common objectives.
• Continuous Feedback: Enables real-time feedback between employees and managers, promoting a culture of ongoing improvement.
• 1:1 Meetings: Facilitates effective one-on-one meetings with shared agendas, notes, and action items to keep employees and managers aligned.
• Analytics and Reporting: Provides insights into employee performance, engagement, and development through comprehensive analytics and reporting features.
• Career Development Planning: Tools for creating and tracking career development plans, supporting employee growth and retention.

What benefits or ROI items should users look for in reviews when evaluating Lattice?

• Improved Employee Engagement: Enhanced engagement through regular feedback, goal tracking, and career development opportunities.
• Increased Productivity: Boosts productivity by aligning individual and team goals with company objectives and providing continuous performance feedback.
• Better Retention Rates: Supports employee growth and satisfaction, leading to higher retention rates.
• Data-Driven Decisions: Offers valuable insights through analytics and reporting, enabling better decision-making based on employee performance data.
• Enhanced Communication: Promotes transparent and effective communication between employees and managers through structured reviews and regular check-ins.

Lattice is implemented across various industries, including tech, finance, and healthcare, to support people management and development initiatives. In tech companies, Lattice helps streamline performance management processes and improve team collaboration. Financial institutions use it to align goals and monitor performance metrics, while healthcare organizations leverage its tools to support employee development and enhance patient care through better staff management.

Pricing for Lattice is subscription-based, typically structured per user per month, with various tiers offering different levels of features and support. Lattice also provides robust customer support, including online resources, training, and dedicated customer success teams to assist with implementation and ongoing usage.

In summary, Lattice is a versatile people management platform that enhances employee engagement, performance, and development through comprehensive tools and analytics.

Workday is a cloud-based software solution that specializes in developing applications for capital and finance management applications. The system is built to work in global workforces and is adaptable. The global system ensures that users are up to date and can manage internal career-related information, and everyday business problems like timesheets, payrolls, and time off.

“A Pioneer in Software-as-a-Service”

Workday Human Capital Management tool is designed to simplify and streamline your work. It leverages machine learning to adapt capital management to a changing environment.

The Workday model is based on delivering a single system that uses a single source of data and a single security model to deliver a unique user experience. The system is user-friendly and ensures that employees and management can use it from any and all devices. Workday HCM integrates into a central system that includes financial management, payroll, recruiting, learning, and planning. Managers and employees can provide feedback to one another, too.

Workday’s features include:

• Flexible framework that lets you organize your staff according to different criteria. You can group employees by function, hierarchy, or department.
• Personalized career guidance: Knowledge management and career guidance that can be easily customized for each staff member and also done at scale.
• Augmented reporting and analytics: Configure, change, update, and publish reports, scorecards, and dashboards. The system centralizes the transactional and analytical data so you can act on the data from anywhere.
• Compensation tools: Compensatio, payroll, and time tracking are automated and simplified.
• Workforce planning allows you to uncover and address talent gaps and get visibility of your staff.
• Mobile-first ensign approach: Users can access all resources from any device, and they are always in sync.
• Machine learning capabilities enable personalized enterprise experiences and faster business processes.

Workday smart platform consists of the following modules:

• Human resource management
• Business process management
• Reporting and analytics
• Benefits administration
• Compensation management
• Talent management
• Survey framework
• Employee and management self-service
  

Reviews from Real Users

Many organizations choose Workday because it provides an all-in-one modular solution for human capital and finance management. Our users say they like the ease of use for time-off requests, career and development segments, and overall HR management. The records and reporting capabilities are another popular feature.

"The solution was very good at reconfiguration and customization of their software. It helped us to meet federal regulations," said one user. Another said that the best feature is the optimization of the work day experience with a unified platform that can be applied across different business units. “You will never find a use case that cannot be covered," said a third.