Your employees are your company's biggest asset.
That's why it's important you assess their performance.
If you don't, you won't see if they're meeting their targets. And you won't have the right information to help them improve their productivity.
That's a mistake your company's bottom line may not recover from.
Don't take that risk.
Use this method to assess your employees' performance accurately and improve their productivity.
With a 360 degree performance appraisal, you'll get feedback about your employee's performance from people he works with.
If you want to assess your employees' performance accurately and improve their productivity, use this method…
This type of appraisal gives you a more accurate view of your employee's performance. It's also more credible because when different people take part, chances are, you won't get a biased view.
The people who can give feedback include:
Your employee himself;
You as his manager;
Staff who report to your employee;
His peers, team members; and
Customers or suppliers.
The First Performance Review Software Available in South Africa
*********** Advertisement ************
In accordance with the 2014 Labour Law
The Performance Review Software helps you determine quickly and accurately:
- your employees' skill levels;
- how every employee contributes to overall business performance;
- the training and skill enhancing requirements for every one of your employees;
- how to properly motivate your employees;
- the required disciplinary measures.
Click here for more information
So how does a 360 degree performance appraisal help you improve employee productivity?
The truth is a lot of employees dread performance appraisals.
They believe having one person assess them isn't fair. This type of thinking can make them not care about the outcome of the appraisal. Or what they need to do after.
But, when you involve different people using a 360 degree performance appraisal, they change their view. This is because they believe this appraisal method is more objective and fair.
In addition, your employees care what their peers, customers, etc, think about their work performance. And because they believe the appraisal is fair, they welcome the feedback and improve their productivity. So, in the end, everybody wins.
How do you get 360 degree feedback?
There are three ways to get 360 degree feedback. You can do:
Team discussions; and
Check out the Practical Guide to Human Resources Management
to get a breakdown of what to do for each option.
There you have it: Using a 360 degree performance appraisal can help you assess employee performance accurately and improve productivity.
PS: Recommended Product: Performance Review Software.
It's the first Performance Review Software available in South Africa. And will simplify the appraisal process for you.