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Performance evaluation is a systematic process organizations use to assess and measure an employee’s job performance over a specific period. The primary goal of performance evaluations is to provide employee feedback, identify improvement areas, and guide decisions related to promotions, compensation, and professional development. Typically conducted by managers or supervisors, these evaluations can also include self-assessments, peer reviews, and 360-degree feedback to understand an employee’s performance comprehensively.
One typical example of an employee evaluation method is the annual performance review. This approach evaluates employees on various criteria, such as job knowledge, productivity, teamwork, and adherence to company values. The process often culminates in a one-on-one meeting between the employee and their supervisor to discuss performance, set goals, and identify growth opportunities. Another example of employee evaluation is the widely used method of 360-degree feedback, where an employee’s performance is assessed by a broad range of individuals they interact with, including peers, subordinates, and supervisors. This approach offers a well-rounded view of the employee’s performance, making it particularly useful for leadership development.
Mercer | Mettl, a leader in HR solutions, provides various performance management solutions to help organizations find the right talent.
360-degree feedback is a feedback tool used in the review and appraisal process of employees. As the name suggests, 360-degree feedback is the process of taking feedback of an employee from everyone who has a close working relationship with them. This includes feedback from managers, peers, subordinates, clients, etc. The tool ensures that employees get a holistic view of their strengths and areas of improvements and can place their work in the context of the organization. The 360-degree feedback process can also be used to identify skill gaps and high potential employees.
Read MoreThe Most Employee-Friendly 360-Degree Feedback Tool On The Cloud
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