360 Performance Review Definition

A 360 performance review is a comprehensive evaluation process that involves feedback from an employee’s peers, supervisors, subordinates, and even external stakeholders. This holistic approach provides a well-rounded perspective on an individual’s performance, strengths, and areas for improvement.

360 Performance Review Best Practices:

– Ensure confidentiality: All feedback should be kept confidential to encourage honest and constructive criticism.
– Provide clear guidelines: Clearly communicate the purpose, process, and expectations of the 360 review to all participants.
– Use a mix of quantitative and qualitative assessments: Combining quantitative ratings with qualitative feedback ensures a balanced evaluation.

How Does it Work?

– The employee selects raters from different levels and departments within the organization.
– Raters provide feedback through a structured questionnaire or interview.
– The feedback is compiled and shared with the employee, who then creates a development plan based on the insights gained.

360 Performance Review Key Features:

– Multi-source feedback: Input is gathered from various sources, providing a comprehensive view of performance.
– Development-focused: The main goal is to identify areas for growth and create a development plan.
– Continuous improvement: Regular 360 reviews can track progress and drive ongoing development.