* strength and weakness analysis
As for this matter, 360 degree performance appraisal method is extremely helpful because it identifies the weak and strong points each member of staff has at his work place. So, each member of staff can see exactly what it has to improve in order to increase the effectiveness at work. The 360 degree performance appraisal technique also includes preparation.
* wide field of evaluation techniques
360 degree performance appraisal techniques are both usual and recent. The department who decides which technique must be implemented is the human resources one. In the traditional 360 degree performance appraisal, superiors are the ones who assess you. But this type of evaluation includes a high degree of subjectivity. One of recent strategies makes use of software applications particularly developed to help human resources department when they have to examine an extraordinary number of workers. When a company doesn't have a highly developed human resources department, they may outsource the service because there are enough qualified companies ready to be employed.
* benefits for big companies versus disadvantages for small ones
The 360 degree performance appraisal is rather effective for big firms which may set up their management politics based on the information such assessment strategies make. On the other hand, little firms might find this kind of evaluation methods too expensive or time consuming. The high degree of relevancy is exclusively for firms with an outstanding number of employees
* subjectivity versus objectivity
When we discuss on the 360 degree performance appraisal method we also talk about about subjectivity and objectivity. It is thought to have a high degree of subjectivity when superiors have to analyze their subordinates but the highest amount seems to be on the same level in the hierarchy. Rivalry between coworkers make this assessment not very objective. A good thing is the anonymity of these assessments.
The 360 degree performance appraisal is extremely important for firms and especially for managers.This method reflects how efficient are employees at work and how they are perceived by their colleagues. This is a very good method which is considered worthy of.
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