360 Performance Review

360-degree performance review or 360 review is an advanced upgrade to conventional review systems in professional spaces. It gathers feedback about individuals from all their points of professional interaction. For example, superiors, subordinates and even customers can all be feedback-givers in a 360 performance review system. The process is highly comprehensive and accommodates several methods of collecting insights.

360-degree performance review is a holistic approach to evaluate an individual’s performance in the workplace. It is a type of multi-rater review process that gathers insights from multiple sources like bosses, direct reports, clients, etc. Unlike a conventional performance review, the 360-degree method shifts the responsibility of reviewing to more than one person. Therefore, it also helps reduce biases and errors in the performance review process. Often used as a tool for collective organization growth, 360-degree performance review is helpful for employee development plans, rewards and recognition, promotions and pay-raises, etc.