Advantages of 360 Degree Peer Review

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360 Degree Peer Review Abstract A 360-degree feedback system is also known as multi-rater feedback, multisource feedback, or multisource assessment which involves feedback from a number of sources including superiors, sub-ordinates, customers and peers. In some cases there is also self-assessment conducted. The system compiles a multitude of perceptions about performance to serve as the basis for an employee's future development. A literature review was conducted that examined the 360-system from different perspectives of the evaluation sources and finds that though the system can provide more comprehensive sets of data that sometimes the complexity of which serves to provide no value. However, in many cases, if administered properly the 360-degree evaluation system can be a valuable tool used for professional development in an organizational setting. Introduction Evaluation is an important component of any human resources department. Effective use of an evaluation program has been shown to be able to reduce stress and an employee's reduce their intentions to quit and turnover rate (Avey, Luthans, & Jensen, 2009). However, for the longest time, evaluations were only processed in a top-down fashion which was administered strictly from supervisor to the employees that they supervise. The top down approach to feedback has been shown to be inadequate in many regards; especially since it is dictate by generally one individuals subjective and sometimes biased opinion of the
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