In today’s evolving workplace, leadership isn’t just about hitting goals—it’s about building relationships, fostering trust, and creating an environment where teams thrive. One of the most effective tools for developing better leaders is 360-degree feedback—a structured approach to gathering insights from peers, direct reports, and supervisors.
Done well, 360 feedback helps managers uncover blind spots, develop self-awareness, and improve communication. But when leadership development is neglected, the consequences can ripple throughout an organization—from disengagement to high turnover.
10 Manager and 360 Feedback Statistics
Below are 10 compelling statistics that highlight both the importance of effective leadership and the impact of 360-degree feedback on manager development and employee retention.
1. 96% of Employees Value Regular Feedback
Employees overwhelmingly agree that feedback helps them improve and succeed in their roles. (Source)
2. 85% of Fortune 500 Companies Use 360-Degree Feedback
Top organizations like Netflix rely on 360 feedback to grow leaders and drive performance. (Source)
3. 41% of Employees Have Left Jobs Because They Felt Unheard
When feedback is missing or ignored, employees walk away. (Source)
4. 57% of Employees Have Left a Job Because of Their Manager
Over half of workers have walked away from a job due to poor management. (Source)
5. 70% of the Variance in Employee Engagement Is Attributable to Managers
The manager-employee relationship is the top predictor of how engaged a team is. (Source)
6. 360-degree Feedback Drives 15.9% Better Retention Rates
Employees who receive 360-degree feedback demonstrate 15.9% better retention rates compared to those who don’t. (Source)
7. 360 Feedback and Coaching can Boost Leadership Effectiveness up to 60%
The combination of multi-rater feedback and individual coaching leads to increased levels of leadership effectiveness. (Source)
8. 82% of Managers Lack the Talent to Lead Effectively
Research indicates that 82% of managers do not possess the necessary talent to lead effectively. This widespread issue contributes to organizational inefficiencies and underscores the need for better leadership selection and development processes. (Source)
9. Only 44% of Managers Have Received Formal Management Training
Despite the critical role managers play, only 44% have undergone formal management training. (Source)
10. Only 31% of Managers Are Engaged at Work
Manager engagement has seen a significant decline, dropping from 34% in 2023 to 31% in 2024. This decrease in engagement among managers directly impacts their teams, leading to reduced productivity and morale. (Source)
What This Means for Your Organization
The data is clear: managers matter. The success of your teams hinges on the capabilities of the people leading them. Organizations that prioritize feedback—especially 360-degree feedback—equip their managers with the insights they need to grow, adapt, and inspire.
Whether you’re trying to improve leadership effectiveness, reduce turnover, or build a culture of feedback, investing in 360-degree feedback is a powerful first step.
Ready to See 360-Degree Feedback in Action
As expectations grow and the workforce becomes more dynamic, HR leaders need modern tools to stay ahead. The role of employee engagement survey providers has never been more critical—or more exciting.
If you’re looking for a partner who offers flexibility, intelligence, and a truly people-first approach, it’s time to see what People Element can do. We’re more than a survey platform—we’re your partner in building a more connected, engaged, and resilient workforce.
Ready to level up your engagement strategy? See People Element in action with a virtual product tour.
