360 degree evaluation – a comprehensive employee evaluation tool
Conducting employee surveys has become a common norm today, as every company wants to ensure that it is getting the desired outcome from its employees. In most of the companies these surveys are conducted once or twice in a year and are considered to be a great tool for evaluating the work performance of the employees. Apart from the professional development, these surveys also prove valuable in analyzing the behavior, attitude and growth of each individual employee.
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When it comes to selecting the most effective and useful type of employee surveys, 360 degree evaluation emerges as the clear winner.
Owing to its immense benefits, it can be rightly said that 360 evaluations is undoubtedly the most valuable method and highly preferred by companies of all sizes. It is a comprehensive form of evaluation which involves feedback from peers, seniors and juniors of the employee who needs to be evaluated.
Along with being highly cost effective and time saving 360 degree evaluation
offers immense other benefits as well. The biggest advantage that this type of evaluation offers is that it helps to improve work relations, enhances productivity and also proves useful in the professional and personal growth of the employees. The surveys which were conducted before the introduction of 360 degree survey included the opinions of only one individual and it could be the manager, supervisor or the immediate senior of the employee, who was to be evaluated.
Biasness, lack of communication and improper recording of the data were some of the factors which highly affected these one sided surveys. However, all these factors are totally absent from the 360 degree evaluation
as in this type of survey the opinion of all the individuals, who come in contact with an employee, are considered. Thus the final outcome is not based on any one individual’s opinion, but views of different individuals are used to form a collective conclusion of an employee’s behavior and attitude towards work, subordinates and seniors.