How can a 360 degree employee evaluation software feedback tool

help you understand employee turnover? This can be confusing for business leaders, since at face value, all employee feedback resources are designed to evaluate employee performance, not analyze why people are unhappy with a company.

This is one of the things that makes 360 degree feedback stand out. Here’s how it can help!

Perceptions about team members reflect how people feel about a company

A great 360 degree feedback tool will help you develop a feedback system where an employee’s performance is analyzed by peers, supervisors, and subordinates.

When people are unhappy with a company’s culture, this will be reflected in the 360 review, which allows employees to score a broad array of important skills, including credibility, integrity, communication skills, managerial skills and team building skills.

If members of your company, especially team leaders, tend to get lower scores in areas like these on their 360 degree feedback reports, then you have a strong sign that there is discontent among your employees. Employee discontent eventually becomes employee turnover.

360 degree feedback helps pinpoint the source of a problem

Knowing that your employees are unhappy is great, but it won’t help you very much if you don’t know how to turn things around. The secure, anonymous structure of 360 degree feedback allows team members to not only rate employees, but also provide honest verbal feedback. These comments will be critical for determining why people are disappointed with the leadership, team building, or integrity of your company.

Using a better feedback tool can help reduce employee turnover

For many employees, performance reviews create a sense of trepidation stronger than they would feel when waiting for the results of an academic test that they didn’t prepare for at all. This has developed a generally negative perception about employee reviews.

As Darcey Jacobsen of Globoforce  discussed in a recent blog post about ways to reduce employee turnover, “only 49 percent of (employees) find reviews to be accurate, and only 47 percent find them to be motivating.”

This negativity can cause your employee reviews to be a key driver for employee turnover, as it drives down people’s happiness and can make them feel as though they will be fired soon.

As Gregory P. Smith of ManagerWise   recently mentioned, “A 360-degree feedback assessment shows an individual what others think their performance is versus what it should be. By understanding the perception of others, people can improve.”

In other words, a 360 degree feedback tool can turn the traditional perception of performance reviews on its head. It acts as a bridge for communicating things that are normally difficult to express without someone being offended.

Do you want to stop the cycle of employee turnover?

With Grapevine Evaluations, our 360 degree feedback tool can help you pinpoint the cause of employee turnover and prevent it. To learn more about our software, please request a live demo !