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Five lesser known benefits of 360 degree feedback

by , 21 July 2014
When people talk about 360 degree feedback, they point out that its greatest benefit is that it's fair because it allows you to get different views about your employee's performance from people who are in the best position to give feedback.

But there's so much more to 360 degree feedback.

Continue reading to find out about five lesser known benefits so you can ensure you get the most out of it.

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Five benefits of 360 degree feedback that you may not know about

Benefit #1: You can reward your employee

You can identify areas of added value to recognise and reward your employee. This means you'll also be able to communicate his achievements internally to entrench performance culture in your organisation.

Benefit #2: Your employees will be satisfied

Most employees are eager to know what their co-workers think of their performance. So they'll view feedback from a wider group as more accurate.

This means they'll also be more open to improving their performance by identifying the different viewpoints of their colleagues.

Benefit #3: You'll save time

You can quickly and conveniently access and update the information in your own time since everything is done electronically.

Benefit #4: You'll be able to increase your emotional intelligence

Your 360 degree feedback process encourages greater levels of emotional intelligence in your company because everyone understands the concept of constructive feedback.

Benefit #5: Unprompted feedback can provide valuable information

If your feedback tools include a section for unstructured comments, you can use these spontaneous comments to gain information and insight, says the Practical Guide to Human Resources Management.

Now that you know all the great benefits of 360 degree feedback, make sure you get the most from the process when assessing employee performance.

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