360 degree evaluation: An easy way to check employee competencies
360 degree evaluation plays a vital role in the growth, development, and performance of a business. It is one of the most valuable options for employee performance evaluation. For the human resource department, collecting appraisals and analyzing the importance of employees is very crucial. It helps employers to understand the needs of the employees and by analyzing them the company can make certain changes that are suitable for both, employees and the business. The 360 degree feedback, which is also known as multi-rater feedback or multi-source feedback, is a process of collecting all kinds of response from the employees. It involves self assessment of the employee, and feedback from his colleagues, managers, and supervisors.
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The technique of 360 degree evaluation
is developed to improve working performance.
Also, it is considered as a human resource mechanism to examine human prospective of a company. The method of appraisal or evaluation is very helpful, as it helps in identifying both, weak and strong, points of the employees. As compared to traditional evaluations, 360 degree appraisal gathers particular feedback from different sources working under one roof.
The 360 degree evaluation
is very imperative for companies and managers, as it display the effectiveness level of a certain company. It is an effectual development tool for both teams and individuals. The survey is carried out by the Human Resource department of a company. The entire process is confidential and is executed in a very smooth way. It helps in clarifying every issue that an employee experiences in the job. By executing such survey, an employer can evaluate all the weaknesses and strong aspects of the employees with ease. The evaluation is beneficial for employees and employers. Also, it is an easy way to check the competencies of the employees.