360 performance evaluation is a method to evaluate the potential of an employee or any other staff member. It is a very powerful and useful tool which helps the companies and organizations in assessing their employees on the basis of the feedback given by all the sources that are in direct contact with the employee. The sources from which the information about an employee’s on the job performance is obtained are the superiors, the subordinates, the employee’s peers, the staff members and also the customers. This feedback given by the family of a company then gets added to the employee’s 360 degree performance review which is sometimes used in deciding the pay and the post of the employee in the company.
This assessment is helpful in many ways. Those employees who do not have faith in themselves and think that they are not good enough get are motivated by the feedback given by their superiors and their peers. This kind of assessment also makes the employees more responsible towards their customers.
The employees are judged on the basis of a number of parameters like the employee’s communication skills, his dedication towards his job, his ability to work in a team. It is also used to know whether he is co-operative enough or not and this assessment also tells about his sensitivity towards others. There are different components of this assessment including: Self appraisal which is one of the most important components as it helps the employee in reflecting within himself and gives him an opportunity to know his weaknesses and strengths. This assessment helps him in planning the training for his development and also helps him improve in the areas he lags behind. This kind of assessment is compulsorily done for the managers of the company to know their leadership and their management qualities.
This kind of assessment conducted at regular intervals of time helps in keeping a track of others perceptions about an employee and gives the employee an opportunity to make the improvement in the areas where his peers think he needs improvement. Due to its many advantages, this assessment is used across the globe by many companies.
This assessment is helpful in many ways. Those employees who do not have faith in themselves and think that they are not good enough get are motivated by the feedback given by their superiors and their peers. This kind of assessment also makes the employees more responsible towards their customers.
The employees are judged on the basis of a number of parameters like the employee’s communication skills, his dedication towards his job, his ability to work in a team. It is also used to know whether he is co-operative enough or not and this assessment also tells about his sensitivity towards others. There are different components of this assessment including: Self appraisal which is one of the most important components as it helps the employee in reflecting within himself and gives him an opportunity to know his weaknesses and strengths. This assessment helps him in planning the training for his development and also helps him improve in the areas he lags behind. This kind of assessment is compulsorily done for the managers of the company to know their leadership and their management qualities.
This kind of assessment conducted at regular intervals of time helps in keeping a track of others perceptions about an employee and gives the employee an opportunity to make the improvement in the areas where his peers think he needs improvement. Due to its many advantages, this assessment is used across the globe by many companies.
