In this section of the TheTechnologyVault.com software directory, we present software applications that are categorized as 360 Degree Feedback Software. After explaining the purposes of 360 Degree Feedback Software along with some education on this category of software, you will find our listings of software products that fit into this category.

Our hope is that this explanation and a listing of products (with detailed descriptions and reviews) will help you understand what to look for in 360 Degree Feedback Software and hopefully move further down the road to successfully finding a solution for your particular needs.

360 Degree Feedback Explained

360 Degree Feedback Software Products

Listed here are some of the most commonly used products in the 360 Degree Feedback Software industry. We have created in depth description pages for each of these software offerings, hopefully with enough information to help you in your search for the right software solution for your specific needs.

What is 360 Degree Feedback Software?

The 360 Degree Feedback Software category includes systems that enable the collection and processing of feedback from multiple sources, typically from an employee’s subordinates, peers, and supervisors, and sometimes, from external sources like customers and suppliers. This feedback, which provides insights from different perspectives, is generally used to improve an individual’s performance, leadership skills, or for talent development within an organization.

Core Features of 360 Degree Feedback Software

  • Multi-source feedback: Allows feedback collection from various parties.
  • Feedback forms and templates: Offers customizable forms for efficient feedback collection.
  • Reporting and analytics: Provides tools to analyze and visualize collected feedback.
  • Confidentiality and anonymity options: Ensures honest feedback by safeguarding respondent anonymity.
  • Integration capabilities: Offers the ability to integrate with other HR systems or software.

Key Benefits and Advantages of 360 Degree Feedback Software

  • Comprehensive understanding of an individual’s performance: Multiple perspectives lead to a more accurate assessment of strengths and areas of improvement.
  • Fosters a culture of continuous learning and improvement: Encourages employees to accept constructive criticism and make necessary changes.
  • Increases employee engagement: Employees feel more involved in the process, leading to increased job satisfaction and productivity.
  • Informed decision-making: Guides decisions related to promotions, pay raises, and professional development.

Use Cases

  • Performance Management: Assessing employee performance holistically.
  • Leadership Development: Identifying leadership strengths and areas of improvement.
  • Succession Planning: Identifying potential candidates for leadership roles in the future.

Potential Users

  • Human Resources departments in businesses of all sizes.
  • Leadership development programs.
  • Organizational development consultants.

Leading Providers of 360 Degree Feedback Software

  • Trakstar
  • Engagedly
  • SurveyMonkey
  • Qualtrics
  • AssessTEAM
  • Reflektive
  • Performance Culture
  • EchoSpan
  • Impraise
  • Small Improvements
  • Spidergap

Typical Pricing Structure

Pricing typically involves a subscription model, often based on the number of users or employees.

Some providers offer a free trial period for you to test the software before committing.

Buying Considerations

  • User-friendliness and ease of use.
  • Customizability of feedback forms.
  • Comprehensive and intuitive analytics and reporting.
  • Integration capabilities with existing HR systems.

Trends and Future of the 360 Degree Feedback Software Category

  • Increased use of AI and machine learning for predictive analytics.
  • More robust mobile functionality to cater to remote workforces.
  • Enhanced integration with other HR tech stack.

The 360 Degree Feedback Software category offers valuable tools for holistic and continuous performance assessment in an organization. By selecting a suitable tool based on the outlined considerations, businesses can foster a culture of growth and continuous improvement.