Enhanced Multisource Feedback Software Module Introduced by HRsoft for 360 Reviews

MAITLAND, Fla. - Aug. 2, 2013 - PRLog -- Maitland, FL...The new Multisource Feedback solution simplifies the ability to collect and aggregate 360 Review data regarding employees and enhance individual performance. In addition, the module is embedded in HRsoft’s TalentCenter so results can easily be viewed in the context of other talent management data.Employers use Multisource Feedback (MSF) Assessments, to gain insight from colleagues, subordinates and leaders about an employee’s performance and behavior.  

Using MSF Assessments can increased employee satisfaction and engagement and lower turnover.  The Multisource Feedback module is designed to let employers conduct 360 degree reviews to gather in-depth performance information from across the organization from different “Raters.”  The questions presented and used in 360 Reviews are easily configured by an employer.  

Feedback may be sought regarding behavioral competencies and job-specific skills.   Questions included in the MSF Assessment may be linked to strategic goals established in the Performance and Development Management system.   And results may be aggregated within the system so responses are easy to view and relevant.  

A common use of an MSF Assessment is when a manager asks for a 360 Review to inquire about the associate’s accomplishments while working with another manager or a peer.

MSF Assessments help to show employees the gap between their feedback ratings and a desired goal.   As a result, employees can work to reduce the identified gap.   Research shows that individuals have a desire to correct a behavior when they receive feedback that does not align with a standard that has been established or they have held for themselves.

Employers find 360 Reviews to be a solid means to support continued development and performance improvement.    

Both employees and managers benefit from 360 Reviews.   Employees gain insightful feedback on a number of different attributes.    Understanding the perspectives of others can produce increased self-awareness, performance and skill improvement and improved engagement.   For managers, the 360 Review supplies broader feedback and different perspectives about an associate on their team.  

HRsoft is one of the fastest growing software companies focused on talent management and compensation management solutions.  Discover more at www.HRsoft.com