As the employers become more concerned to collect precise information about the employees, they are opting latest measures, like 360-Degree Feedback. This is a tested method of job satisfaction and improving productivity of a business.

360-Degree Feedback is carried out with a specialized survey software that has been designed especially by psychological experts who evaluate the employees performance in the corporate environment. These surveys are very effective, anonymous and efficient, as they offer open questions to timely text comments and close questions by requesting quantitative ratings. There are many benefits of 360-Degree Feedback such as:

– It allows employees to gain more systematic understanding of their impact on others, with whom they interact daily.

– The feedback also fosters an environment of trust and teamwork. Employees work together as a team with total honestly and help others to gain an understanding of their actions and performance. This helps when assessment results are positive, as it can build trust among employees to promote effective organization and high-performance.

– This feedback is designed especially to support development of leaders, increased competitive advantage, and increase in productivity and withholding of high-performing employees. This feedback can be completed by peers, managers, clients, stakeholders and colleagues.

– The 360-Degree Feedback is superlative for carrying out appraisals for top-level managers.

There are many benefits linked to the 360-Degree Feedback. It is one of the best tools used by many organizations to provide feedback to the employees, collected from other workers working in the same organization.