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One of the most important performance evaluation methods, 360 degree feedback evaluation, provides a comprehensive view of an employees work by obtaining feedback from external sources. This includes direct reports, peers, supervisors, customers, and other relevant parties who regularly interact with the leader.
A 360-degree evaluation gets anonymous feedback about the employee from 4 stages of appraisal: self-evaluation, manager feedback, peer reviews, and subordinates. Surveys are its primary tool. 360 surveys provide a holistic image of past performance through rating scales and open-ended feedback.
Types of Performance Appraisals Self-assessment: Individuals rate their job performance and behavior. Peer assessment: An individuals work group or co-workers rate their performance. 360-degree feedback assessment: Includes input from an individual, supervisor, and peers.
Rating Scales: One of the most popular methods of evaluation is the use of rating scales. This entails evaluating an employees performance using a predetermined set of standards or performance parameters.
Benchmarking is one of the best ways to measure employee performance against company standards. Benchmarking provides you the opportunity to measure the progress of your employees against other organizations within your industry.
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You can follow these steps to create an effective employee evaluation: Review the employees job description. Highlight areas of improvement. Compare strengths and weaknesses. Recommend actionable goals. Provide constructive feedback. Welcome employee input.

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