PerformYard Vs Lattice

Companies that implement structured performance management systems are 4. 2 times more likely to outperform their competitors. This highlights the importance of choosing the right performance management software to drive employee development and business success.  

PerformYard and Lattice are two leading performance management solutions, each catering to different organizational needs. PerformYard is known for its customizable approach, making it ideal for businesses that require flexible performance reviews and detailed goal tracking. In contrast, Lattice emphasizes employee engagement and career development, making it a strong choice for companies focused on talent growth and retention. However, it's important to compare them to see which aligns with your goals.  

This guide will compare PerformYard and Lattice in terms of features, pricing, key capabilities, and their overall suitability for various business needs.  

PerformYard Vs Lattice: At A Glance

Features

PerformYard

Lattice

Performance Review

Customizable review forms and cycles, real-time tracking, and flexible evaluations

AI-powered peer feedback, goal tracking, sentiment analysis, and real-time analytics

Employee Engagement

Pre-built engagement surveys, anonymous feedback, and cohort analysis

Pulse surveys, eNPS tracking, onboarding and exit surveys, and advanced demographic filtering

Reporting And Analytics

Customizable performance reports, historical tracking, and real-time progress dashboards

Pre-built analytics dashboards, DEIB, and workforce trends, with performance-pay linkages

Goal Management

Cascading goal setting, seamless review integration, and visual progress tracking

OKR-based goal setting with mid-cycle adjustments

Pricing

Starts at $5–$10 per user/month; engagement add-on available at $1–$3 per user/month

Performance & OKRs at $8 per seat/month, Talent Management at $11 per seat/month, with multiple add-ons available

What Is PerformYard?

PerformYard

PerformYard is a performance management software that helps businesses simplify employee evaluations, track progress, and align goals with company objectives. With SOC 2 Certification, it stands out as a secure and trustworthy option, giving businesses peace of mind that their sensitive performance data is well-protected.

It is built for companies that struggle with time-consuming employee reviews and want a simpler way to track performance. Mascaro Construction, for example, replaced complex, inconsistent reviews with quick check-ins using this system. As a result, review participation tripled, making the process more effective for everyone. This makes it a strong choice for industries like construction, healthcare, finance, and professional services, where efficiency matters.

Standout Features Of PerformYard

  • Performance Improvement Plans (PIP): This is a structured plan used by managers to help underperforming employees improve their work. It sets clear goals, expectations, and timelines while providing support through feedback and training to help employees improve instead of facing termination
  • New Hire Assessment: The system enhances onboarding by integrating skills evaluations and structured check-ins. HR teams can assess new hires' progress through automated 30-60-90-day reviews for better engagement
  • Dynamic Employee Cohorting: It enables HR teams to group employees into dynamic cohorts based on factors like department, tenure, or location. These cohorts automatically update as employees move within the company, allowing businesses to analyze engagement, satisfaction, and performance trends more effectively
  • Historical Performance: This feature compiles past reviews, goals, and feedback into one dashboard. Managers can access an employee’s full performance history to make informed decisions and identify growth opportunities

Pros And Cons Of PerformYard

Pros

  • Employees can create their own performance goals, giving them control over their progress
  • It sends automated reminders to managers for pending performance reviews
  • Users can add comments to their performance evaluations, enabling clear two-way feedback with managers

Cons

  • No notifications for overdue goals or progress update
  • Some users find that changing ‘reviews’ visibility requires more manual effort

What Is Lattice?

Lattice

Lattice HR is a cloud-based performance management software that helps organizations enhance employee performance and engagement. More than 5,000 companies use this system for performance review, goal tracking, real-time feedback, and employee engagement.

Organizations that prioritize employee engagement with Lattice see noticeable improvements in productivity and growth. USAirtours is one such company that used Lattice’s pulse surveys to improve engagement, leading to a 20% year-over-year sales increase. That kind of impact makes it a strong choice for industries like hospitality, retail, and customer service, where employee engagement directly impacts business success.

Standout Features Of Lattice

  • Benchmarking: This feature helps businesses compare salaries against industry standards to ensure competitive and fair pay. By accessing real-time market data, companies can make informed compensation decisions that improve employee retention
  • Talent Reviews: It helps companies assess employee performance and potential. With features like nine-box grids and calibration processes, HR teams can identify top talent, plan promotions, and ensure fair evaluations across teams
  • Lattice AI: This AI-powered tool automates HR insights, helping managers analyze survey results, performance data, and feedback trends. It speeds up decision-making by providing key takeaways and actionable recommendations
  • Compensation Band: Companies can use this feature to define salary structures, ensuring pay equity and alignment with industry benchmark. It defines clear pay ranges for different roles and levels

Pros And Cons Of Lattice

Pros

  • Employees can ask questions anonymously, fostering a safe feedback space
  • It sends automatic reminders for pending tasks and confirms completion
  • Allows employees to give and receive feedback on colleagues, improving collaboration

Cons

  • Updating OKRs requires manual edits one by one, which slow down progress tracking
  • Some users find the template customization options limited, reducing adaptability

PerformYard Vs Lattice: Key Feature Comparison

PerformYard Vs Lattice Key Feature Comparison

Performance Review

Performance Review

PerformYard provides highly customizable review forms and cycles, allowing HR teams to build and modify review processes according to company culture. It provides flexible review cycles, goal tracking, and 360-degree feedback, making it a strong fit for companies that want full control over their performance evaluation process.

What set it apart is its transparency with real-time tracking, allowing HR leaders and managers to monitor progress and completion rates without needing to chase employees for updates. It also automates reminders, approval notifications, and progress tracking to streamline the review cycle.

However, while it offers strong customization, it lacks AI-powered summaries or deep analytical insights, which may limit data-driven decision-making.

Lattice, on the other hand, focuses on making performance reviews more data-driven and insightful. It integrates AI-powered peer feedback summaries, goal tracking, and sentiment analysis, helping businesses extract actionable insights from employee evaluations.

Its automation capabilities allow HR teams to customize review cycles with automated rules, templates, and real-time analytics. Although Lattice excels in data analysis, its level of customization in designing review forms and processes may not be as extensive as PerformYard.

Winner: It's a tie. PerformYard excels in customization, while Lattice leads in data-driven insights.

Employee Engagement

Employee Engagement

PerformYard offers ready-to-use engagement surveys designed around seven key factors that influence employee satisfaction, all backed by behavioral science research. Its anonymous feedback feature makes it easy for employees to share honest opinions, while the cohort analysis helps compare engagement levels across different departments or job roles.

With a visual dashboard that tracks engagement trends over time, companies can spot concerns early and take proactive steps to improve workplace culture without having to create custom surveys from scratch.

Lattice, in contrast, is built for companies that have a more dynamic and AI-powered approach to engagement. Instead of running surveys occasionally, it offers pulse surveys—short, frequent check-ins that help measure employee sentiment on an ongoing basis. It also includes eNPS (Employee Net Promoter Score), which is a simple way to see how employees feel about the company, plus onboarding and exit surveys to understand why people stay or leave.

When it comes to data filtering, both platforms allow HR teams to break down engagement results by employee groups, but Lattice has a clear edge here. PerformYard is good at showing engagement trends at a department level, but Lattice adds heatmaps and demographic filtering, making it easier to analyze sentiment across locations, job roles, or experience levels.

Winner: Lattice wins this round with its pulse surveys and advanced data filtering, enabling continues engagement tracking instead of periodic snapshots.

Reporting And Analytics

Reporting And Analytics

Reporting And Analytics

PerformYard gives users extensive flexibility when it comes to customizing reports and analyzing performance data. It allows HR teams to filter and slice data based on teams, roles, or specific timeframes, making it easier to tailor reports to specific company needs. This level of control is great for companies that want detailed, performance-focused insights without being locked into pre-set templates.

Lattice also offers customizable reports, but it leans more towards pre-built analytics dashboards that track engagement, DEIB (Diversity, Equity, Inclusion, and Belonging), and HR program adoption rates.

One area where PerformYard stands out is its ability to maintain detailed performance histories, allowing companies to track employee progress across multiple review cycles. While Lattice also tracks employee data over time, its focus is more on cultural and engagement trends rather than individual performance tracking.

Where Lattice stands out is in linking performance data with overall HR analytics. It connects performance to pay, employee satisfaction, and fairness across different groups, providing a broader view of workforce trends.

Winner: This one is a tie. PerformYard focuses on custom performance tracking and historical analysis, while Lattice offers broader HR analytics with pre-built dashboards.

Goal Management

Goal Management

PerformYard focuses on cascading goal setting, meaning goals are aligned from the top down, ensuring individual, team, and company-wide objectives are connected. Managers can track progress year-round, making it easy to check in, provide feedback, and adjust goals when necessary.

A key advantage is that PerformYard directly integrates goal progress into performance reviews, creating a seamless evaluation process. Additionally, its built-in visualization tools generate charts and graphs that clearly show goal progression at individual, team, and department levels—making it easier to assess performance.

Lattice also supports goal alignment but takes a more OKR-driven approach (Objectives and Key Results). Unlike traditional goal tracking, OKRs are designed to be more agile, allowing organizations to adjust priorities mid-cycle. This flexibility can be a major advantage for fast-paced industries where objectives shift frequently. One drawback is that frequent goal adjustments can make it harder to track long-term progress, while PerformYard keeps a clear and structured record over time.

Winner: PerformYard wins this section for its structured, long-term goal tracking that ensures clear alignment across all levels.

Pricing

Pricing

Pricing

PerformYard provides all-inclusive pricing, meaning users get access to performance reviews, goals, feedback, and analytics in one package. The only add-on is for ‘Employee Engagement’ module, which includes surveys and engagement data.

The plans are as follows:

  • Performance Management: $5–$10 per person/month
  • Employee Engagement Add-On: +$1–$3 per person/month

Lattice bills all contracts annually and offers flexible pricing for its various HR solutions, allowing companies to purchase ‘Performance and OKRs’ module separately or as part of a Talent Management package.

The plans are:

  • Talent Management: $11/seat/month
  • Performance or OKRs (Separate Purchase): $8/seat/month
  • HRIS: $10/seat/month
  • Engagement Add-On: +$4/seat/month
  • Grow Add-On: +$4/seat/month
  • Compensation Add-On: +$6/seat/month
Winner: This round ends in a tie—PerformYard is more budget-friendly, while Lattice provides a broader HR suite with additional features.

Final Verdict: Which One Wins?

With a 1:1 win and three sections resulting in a tie, both options present a balanced comparison overall.

That said, the right choice depends on what your organization values most. If you prioritize structured performance tracking, clear goal alignment, and simple, all-inclusive pricing, PerformYard is the better fit. But if your focus is on AI-powered analytics, real-time engagement tracking, and a more flexible goal-setting approach, Lattice may be the stronger option.

Ultimately, the best choice comes down to your organization's specific needs and priorities. Both platforms offer valuable features, so evaluating them based on your business objectives will help you make the right decision.