Beware of Hidden 360 Implementation Costs
There are many costs in administering a multi-rater survey in-house. 360 costs are often hidden in the complexitity of processing feedback and may therefore be overlooked. In many cases outsourcing is not only more cost effective but less stressful and more convenient for both 360 administrators and participants.
Some of the hidden costs include payroll, benefits, printing, collating, binding, and time not spent on more important activities . When you add up the true cost to your organization for in-house 360 survey administration, the cost of outsourcing is appealing.
By specalizing in 360 survey automation we benefit from economies of scale. The time it takes and the cost of implmenting a 360 feedback survey are both dramatically decreased. In addition, the quality of your survey process is increased. Most importantly, outsourcing your multi-rater survey enables you to specialize on your business’ core activities.
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