Get the most out of your feedback processes. Here's what you need you need to know to avoid 360-degree review fails: What is a 360 evaluation?PI Perform's 360-feedback software takes the guesswork out of performance management. 3. 360-degree Rating: This method allows employees to receive confidential and anonymous feedback from various sources they interact with regularly. What is 360-degree feedback? Let's take a closer look at this type of employee review – as well as the pros and cons of using them. 360degree feedback has been around for over 100 years. An employee has 10 working days to complete and sign his or her report on performance after receipt. Click on below headings for more information on this topic. 360 feedback questions are useful as part of creating a 360 degree feedback tool.