HR STRATEGY

People Success Platform Lattice Announces New OKR and Goals Solution

Employee Blog | March 01, 2022

Employee Engagejment Blog
On February 28th, premier people success platform Lattice announced the release of its new OKR and Goals product that will enable organizations to strategically align with employees. The solution enables organizations to manage goals and track the path to success.

Operational efficiency and transparency are more important than ever, as companies all over the world are seeking ways to engage and align their workforce. Lattice’s OKR and Goals solution lets employees and teams be on the same page about organizational goals. The solution was developed as an individual product but it can be integrated with Lattice’s native platform to unleash its full potential. It also readily integrates with premier software tools like JIRA, Microsoft Teams, Slack, and Salesforce.

"By integrating objectives and goals into daily conversations across the organization, employees have more transparency to how they can directly impact the business and are better able to directly connect their work to the company's overall mission and vision. This makes work more meaningful for employees and directly ties people success to business success."

- Jack Altman, CEO and Co-founder of Lattice

Spotlight

Motivation is the inner force that directs, energizes, and sustains employees’ efforts toward their goals1. Since employees’ accomplishment of their goals leads to the success of a business, it is no wonder organizations are keen to find effective ways to increase employees’ motivation. Recognition is widely accepted as an essential component of motivation2. In over 40 years of motivation surveys, recognition consistently appears as a top motivator alongside other factors such as good pay and job security3. In this paper, the IBM Smarter Workforce Institute (SWI) explores the role of recognition in employee engagement (see Appendix A for definition of employee engagement) and retention, and how the use of multiple communication channels could enhance the power of recognition. With data from SWI’s recent WorkTrendsTM survey, the paper provides insight into the potential impact of frequent, timely, multi-channel employee recognition.

Spotlight

Motivation is the inner force that directs, energizes, and sustains employees’ efforts toward their goals1. Since employees’ accomplishment of their goals leads to the success of a business, it is no wonder organizations are keen to find effective ways to increase employees’ motivation. Recognition is widely accepted as an essential component of motivation2. In over 40 years of motivation surveys, recognition consistently appears as a top motivator alongside other factors such as good pay and job security3. In this paper, the IBM Smarter Workforce Institute (SWI) explores the role of recognition in employee engagement (see Appendix A for definition of employee engagement) and retention, and how the use of multiple communication channels could enhance the power of recognition. With data from SWI’s recent WorkTrendsTM survey, the paper provides insight into the potential impact of frequent, timely, multi-channel employee recognition.

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ADP Launches Voice of the Employee Survey Solution to Help Improve Employee Workplace Experience

ADP | October 20, 2022

Built on the deep expertise and data of ADP Research Institute, ADP has launched Voice of the Employee, a survey solution to help employers collect employee feedback and sentiment throughout the entire employee lifecycle – and make more informed decisions based on those insights. Today's employers face growing challenges to maintaining an engaged, productive workforce. According to ADP Research Institute, weekly connections between leaders and their workers can increase the likelihood of engagement by 3.8X. "It's never been more important to create a workplace where employees feel valued and connected to their work – and doing that starts with listening to what they have to say, Employee surveys are easy to create, but hard to get right. We designed Voice of the Employee to deliver reliable data that is more predictive of employee behaviors, so leadership can analyze results with confidence and focus on designing a workplace that meets the needs of the people in it." -Aaron Smith, SVP of global products and user experience, ADP Powered by ADP DataCloud analytics technology, Voice of the Employee offers research-reviewed survey templates that can be quickly configured and customized to cover a range of topics including employee engagement and resilience, HR experience, new hire on-boarding and candidate experience, benefits satisfaction and employee exit. Native availability with ADP's HCM platforms ensures native access to all HR data, providing the ability to build and maintain survey audience lists and send surveys automatically, based on events captured in the employee system of record, such as new employee 90-day onboarding or internal job changes. Voice of the Employee also offers the ability to: Send surveys to employees via email, text or ADP Mobile app notifications Monitor trends in survey results over time Benchmark results against local, global or industry peers Broadcast alerts for company announcements, emergencies and critical communications Engage other solutions within ADP's portfolio to help facilitate process or culture changes About ADP Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people.

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HR Company Deel Completes PayGroup Acquisition

Deel | November 22, 2022

Deel has completed its $AU 121M acquisition of APAC-based payroll and HCM company PayGroup Limited. PayGroup is now part of Deel, a private San Francisco-based payroll company, and has been delisted from the Australian Stock Exchange. Initiated in July 2022, the acquisition’s completion makes Deel a true leader in the global payroll and human capital management (HCM) space. It furthers Deel’s mission of helping millions of people work for the best companies in the world. PayGroup has a strong presence in countries like Australia, New Zealand, India, Philippines, Singapore, Malaysia and Japan, processing roughly $AU 12 billion in payroll per year for over 3,000 businesses. The company has been steadily growing this year, targeting an annual recurring revenue of $AU 39 million, and is EBITDA positive. PayGroup’s HCM and in-house payroll software provide solutions for enterprise clients spanning many industries, from staffing and workforce management companies, to retail and franchise clients like Nike and Subway. Its unique positioning in APAC has allowed the company to develop strong partnerships with some of the best global payroll companies in the world to power their platforms. Acquiring PayGroup means Deel has an even more powerful multichannel strategy for implementing its platform and technology - both directly and indirectly - to customers and partners. Deel and PayGroup have been actively working on their integration, and today, with payroll coverage in 90+ countries, Deel and PayGroup now offer an unmatched solution on the market. They expect to announce a new merged version of their software solution in H1 2023, which will combine PayGroup’s 15+ years of expertise delivering HR and payroll software solutions with Deel’s simple, customer-centric platform. All of PayGroup’s team members have joined Deel. “Together, we are building the first truly global solution in the payroll and HCM industry, giving businesses around the world the ability to hire, pay, and manage the best talent, no matter where they’re located. The completion of the acquisition scales our payroll and HCM expertise, expands our customer base in the region, and reinforces our leadership in the global payroll space.” -Deel co-founder and CFO Philippe Bouaziz About Deel Deel helps companies hire anyone, anywhere through its global payroll and compliance platform. Companies can hire, manage, and pay independent workers and full-time employees in more than 150 countries, in a few minutes, compliantly.

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Lattice Announces Lattice Connect Partner Ecosystem to Help Organizations Maximize People Success

Lattice | September 26, 2022

Lattice, the leading provider of people success software that empowers business leaders to build engaged and high-performing teams and inspire winning cultures, today announced the release of Lattice Connect, a new global partner network that will help clients rapidly accelerate their people success initiatives. With new benefits and resources designed to bring more strategy, guidance, and agility to its growing ecosystem, the new network will provide a deeper and more accessible range of partner skills and solutions for clients evolving their people success strategy. "By introducing a new partner resource center and comprehensive set of tools, companies around the world will be able to accelerate their people success programs, The Lattice Partner Ecosystem will empower more Lattice customers to deliver modernized people management and culture initiatives for their employees, while providing partners the opportunity to grow their business with access to more than 4,500 Lattice customers." -Lester Lee, Vice President of Partnerships at Lattice We're partnering with Lattice to help companies around the world develop a more people-centric approach to management and culture, We both want to help our customers hire the best talent across borders and set them up for success, which includes better performance management and career development for distributed teams,said Tai Rattigan, Global Head of Partnerships at Deel. As companies strive to keep up with an ever-evolving world of work and continue to find solutions to keep their employees engaged, performing, and happy, the need for a more streamlined methodology in planning has emerged. Lattice Connect gives users the ability to find, onboard, and collaborate with the right partners based on their needs. With the new Lattice Connect partner program, Lattice customers will be able to more easily identify and collaborate with the right pre-qualified partners across a range of technology and industry solutions – from Diversity Equity and Inclusion (DEI) planning to hybrid work strategy. New centralized resources, including a new Lattice Partner portal and the enhanced Lattice Marketplace, will help ensure Lattice and its partners are in lockstep to quickly and efficiently deliver solutions that drive impactful results. We know that people, working on teams, are the drivers of business success, We are excited to take part in the Lattice Connect partners ecosystem to help thousands of businesses connect the dots between company performance and highly engaged teams,said Raphael Crawford-Marks, Founder and CEO of Bonusly. About Lattice: Lattice is the People Success Platform that brings together all of the tools, workflows, and data to help leaders at organizations develop engaged, high-performing employees and winning cultures. By combining continuous performance management, goal-setting, employee engagement, compensation management, career development, and people analytics into one unified solution, Lattice helps HR, People and Operations teams develop insights that build enviable cultures and drive impactful business outcomes. Ranked on the Inc. 500 Fastest-Growing Private Companies list three years in a row and certified as a Great Place to Work by 99% of its employees, Lattice serves more than 4,500 customers worldwide including Slack, Cruise, and Reddit.

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