Companies are always striving to perfect themselves to generate profit. One of the biggest influences on the company's profits are the employees. The better trained and more productive an employee is, the more money they will generate for the company. If the employee is undertrained or unable to fulfill their role, they can be detrimental to the company's profit margin. Traditionally companies have used supervisor evaluations to judge whether or not an employee is an integral asset to the team or should be let go. Sometimes the evaluations are very one sided or can be influenced by the evaluators current emotions. To counter this some human resource managers have started looking at other evaluation methods to better identify employees who need a little guidance or to identify those who perform their job well so that they can be emulated by others. One process that is becoming more predominate is 360 degree feedback.
What is it? 360 degree feedback is an alternative evaluation method to the traditional supervisor evaluation. It enables all people who come into contact with the employee to provide constructive criticism from their experience with the employee. It allows managers and the employee to see what they can do to improve their skills, what additional training they may need, and how the employee is perceived from other sides than just the employee's supervisor. In the end, it allows a full spectrum evaluation which human resource managers are forever seeking to better improve their training programs and hiring processes.
Evaluation
Evaluations have been considered one of the main instruments that human resource managers use for identifying training and development needs for the individual employee(Wilson ). This is one of the main jobs of a human resource manager and the better the evaluation tool the better the HR manger is able to