Why you should conduct 360 degree feedback in your company
Employees are the backbone of a company. The approach and attitude of employees, toward their work, can make or break a company. It is important to have energetic and motivated employees for the progress of your company. An effective way of keeping your employees motivated is by conducting employee evaluations. Your employees are the ones who are involved in every aspect of your business. So it is important to make sure that they perform well and achieve their goals.
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There are many ways in which evaluation of the employees can be conducted. It can either take place in the form of one to one interactions or in the written form. The main aim of 360 employee feedback
programs are to know whether the employees have achieved their performance goals or not. It helps to keep a track of their performance.
It can further help to ascertain that which employees are performing well, so that they can be rewarded or promoted and which employees might require extra training or attention. The main components of the evaluation form are rating of performance, current goals and future expectations.
It could also include previous reviews and how an employee has worked towards improving his negative points. It is important that the feedback given to the employees, after the evaluation, is positive and constructive. The employees are eager to know what you think of your performance and how can they contribute more in the development of the company. The feedback should motivate the employees to perform better rather than decreasing their morale.
Whether your company is big or a small one, the evaluation of your employees will certainly help in increasing the productivity and efficiency of your company. The process of employee evaluations
should be carried out time after time rather than doing it once or twice a year. It helps the employees to know their performance and motivates them to improve it.