360 Degree Review:

360 degree feedback is the most comprehensive type of employee appraisal. It includes self ratings, peer review, and upward assessments; feedback is sought from all avenues. It allows employees to learn how their skills and performance style are viewed and gives an opportunity to bring up things not easily discussed. The honest feedback improves communications, and in many cases, raises the performance levels of both employees and managers alike. 360-degree reviews allow managers to receive valuable feedback on an employee's performance because fellow team members often know more about each others' day-to-day performance than the direct supervisor. In fact, anyone who has useful information on how the employee does the job may be a source in the appraisal, including outside vendors or clients, thus providing a broader view of the employee's performance. By gathering 360 degree assessments from others who work directly with the employee, feedback is perceived as more valid and objective, leading to greater acceptance of results and actions required. Therefore, this process can create positive changes in employees' job satisfaction and engagement, potentially reducing turnover in the company workforce.

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