360 feedback system differs from other evaluation systems in many ways, but most considerable difference is that it gathers the feedback from various sources, rather than only one. Generally when surveys are conducted in a company, it is only the managers or seniors which evaluate their employees. However in 360 feedback the evaluation is done by everyone, including the peers, seniors, supervisors and managers, in short everyone who works with that employee. This feedback is generally received in the written form, which includes areas like competency, skills, job performance, behavior and attitude. All this data, which is gathered from the feedback, is complied in the form of a report. It is then used to identify the strengths, abilities and weaknesses of an employee, as mentioned by the people he works with.

A well planned and strategically conducted 360 degree survey can play a crucial role in the overall development of an employee. Through 360 feedback system an employee can come to know about the views and opinions of his colleagues and seniors about his performance and skills. It can help him to discover his strengths along with the weak points. By working on his weaknesses, an employee can develop his skills and enhance his performance and efficiency.