1. Impartial assessment of employee’s performance in an organization
360-degree feedback is basically used to keep a check over performance and it is an
administration apparatus for annual assessment of employees to maintain
equilibrium and efficiency in the work among workmanship. It lays a platform to
come within reach of staff to interact with superiors of company and come to
conclusion about work efficiency of every employee. 360 degree feedback tools
provide with unbiased and accurate opinion about the workmanship of company and
ultimate benefit can be witnessed in long term like promotion in designation or salary
increment. 360 feedback appraisal, feedback and performance are bit new, but are
highly recommended and are preferred by several reputed companies. It will also be
not wrong to say that 360 feedback assessment processes are about altering the
overturn.
Perspectives from different sources are taken so that there is no mess and the
employee can be treated with par justice. Employees, peers and subordinates are
coordinated with while taking multiple view points. Strengthens and weaknesses are
also considered so that the employee can be familiarized about it and employee can
work upon it in order to escalate their performance.
Employees entertain information from diverse source, an anonymous self-
assessment and evaluate it to improve the fit of the construction. After all, it’s better
to know that where do you stand meanwhile working with an organization for more
than one year or six months. If you will not be given feedback, it will become
absolutely worth less for you to put in so much of efforts and you will also not be
able to succeed in your future and will remain at the same place where you started
off with and undoubtedly it would the last thing that an individual can wish for.
Review of 360-degree feedback is absolutely significant tool for human resources for
balancing the entire thing well.
On and all, 360 degree feedback is not just significant from the employee’s end,
rather it plays a crucial role at both ends i.e. employees and the organization. After
all, the organization will also flourish tremendously if the workmanship in the
organization are dedicated enough to take their company to a new level with their
sincere efforts and hard work. So, the moment employee is familiarized about the
sphere where he has to be flawless, he will definitely put his efforts and the moment
he will start off with putting in efforts, the organization will automatically begin a
step ahead.