360-degree feedback, also known as multi-rater feedback, is a performance appraisal method that gathers feedback from a variety of sources to provide a well-rounded view of an employee’s performance. Unlike traditional evaluations, which typically involve only a manager’s perspective, 360-degree feedback incorporates insights from peers, subordinates, supervisors, and even self-assessment. This holistic approach helps provide a more accurate and comprehensive understanding of an individual’s strengths, weaknesses, and areas for improvement.
Why 360-Degree Feedback is Important
- Comprehensive View of Performance
360-degree feedback provides a more balanced assessment by collecting feedback from different stakeholders. This reduces biases that may arise when only one person, such as a supervisor, evaluates an employee’s performance. It gives a broader picture of how an individual’s work is perceived across various contexts.
- Promotes Self-Awareness
By receiving feedback from multiple sources, employees gain a deeper understanding of how their behavior, communication, and work habits impact others. This self-awareness is a critical step toward personal and professional growth.
- Encourages Continuous Improvement
Employees can use the feedback to identify specific areas for development. Regular input from various sources helps employees understand what they need to work on to improve their performance and achieve their career goals.
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