Wednesday, May 12, 2010

360 degree performance appraisal - pro's and con's


One of the strategies planned to develop performance at work is the 360 degree performance appraisal technique. The 360 degree performance method is mainly related to human resources. Either simple or complicated, techniques are used to examine employee's performance, competencies and abilities. 360 degree feedback represent a confidential assessment any employee could get based on the information his superiors or coworkers offer on a questionnaire starting point. Another popular technique is self-assessment and needs to be mentioned when talking on 360 degree performance appraisal. The way you are perceived by your colleagues it's based on the test results. Regarding the performance of these methods, there are both pros and cons and each may have a different view.You may verify the list underneath and decide on which side you are:
  * weak and strong points
 As for this subject, 360 degree performance appraisal method is extremely useful because it identifies the weak and strong points each worker has at his work place. So, each worker can see exactly what it has to improve  in order to enlarge the efficiency at work. The 360 degree performance appraisal technique also includes preparation.
* wide area of evaluation methods 
 360 degree performance appraisal strategies are both usual and recent.Human resources, the division in charge with the evaluation subject, may choose the most efficient method for its company. In the usual 360 degree performance appraisal, superiors are the ones who assess you.The major inconvenience of this traditional method is subjectivity. In order to assist the human resources department, there have been created a varied number of computer software applications that  are intended to examine lots of workers. Corporations may choose any of the evaluation centers on the human resources market, as long as their human resources department is not specialized or sufficiently developed for these kinds of assessments.
* benefits for big companies versus disadvantages for small ones 
For a large company is much more easier and valuable to use the 360 degree performance appraisal technique than for a small company. Lack of time and high cost of this technique can be a barrier for smaller firms. The high degree of relevancy is exclusively for firms with an impressive number of workers
 * level of subjectivity
 When we discuss on the 360 degree performance appraisal technique we also talk about about subjectivity and neutrality. It is thought to have a high amount of subjectivity when superiors have to assess their subordinates but the highest degree seems to be on the same level in the hierarchy. It is quite difficult to state the positive than the negative part of your coworkers as long as there is a strong sense of competition. If confidentiality wouldn't be one of the main conditions, numerous conflicts and disagreements could appear. 
The 360 degree performance appraisal is incredibly important for companies and especially for managers. This technique displays how effective are employees at work and how they are perceived by their colleagues. This is a method which is considered worthy of.