Hello friends today we will learn very interesting topic which is performance appraisal.
Friends this is very hot topic to talk because every working people is eagerly waiting for the time of Appraisal where he can put his words infront of management and his entire year hard work.
He can show what he has achieved in his KRA and what he has not completed etc.
So friends like the years go the assessment methods of employee got changed on which the salary increment is based
In this topic we will talk about 360 Degree Appraisal system, how it comes in light.
So here is the key point for the discussion..
1.Meaning of 360 Degree appraisal
2.Sturcture of 360 Appraisal
3.Why 360 Degree Appraisal comes in existence
4.Mertits of 360 Degree appraisal
5. Demerits of 360 Degree Appraisal
A. Meaning of 360 Degree appraisal
Definition :- 360 degree feedback is a multi-source assessment of employees, where employee’s performance is assessed and feedback is recorded from a number of sources that may include the Managers, Subordinates, Colleagues and customers.
Practically in the organization nowadays a set of question has been prepared according to the designation and his role and responsibility and via a online platform employees are requested to give his feedback.
These feedback form help to assess the employees in terms of below aspects.
- Leadership
- Teamwork
- Communication
- Adaptability
- Decisiveness
360 Degree feedback enables employees to give open or anonymous feedback to top leaders. Employees feels that their opinion are valued and management get the insight of leaders behaviors which has been perceived by employees
2.Sturcture of 360 Appraisal
Here you can see structure of 360 degree appraisal system also you can see how the assessment is done in 360 , starting from your Junior or colleague to the manager and customers.
3.Why 360 Degree Appraisal comes in existence
we all know about the other different types of appraisal system so what was those reasons which create an opportunity or need to introduce 360 appraisal system.
So here we have find out the reason which leads to introduce modern appraisal system.
- Biasness
- Lack of Transparency
- Favouritism
4.Mertits of 360 Degree appraisal
- Provides a complete assessment
- Increases teamwork
- Shares perception
- Garners more feedback
- Allows anonymity
- Promotes self-awareness
- Identifies training gaps
- Increases productivity and relationships
- Gives insight into work
- Brings transparency
5.Demrits of 360 Degree Appraisal
- Time consuming
- Not always positive
- Dishonesty and inaccuracy
- Distrust
- Anonymity (focused on weaknesses)
- Poor execution
You can watch video on below link..
Good write up.