Which of the following is a common type of performance appraisal method?

The selection of 360-degree feedback as a common type of performance appraisal method is based on its comprehensive approach to evaluating an employee's performance. In this method, feedback is gathered from multiple sources, including peers, subordinates, supervisors, and sometimes even customers. This holistic view allows for a well-rounded assessment of an individual's strengths and weaknesses.

360-degree feedback is valued for its ability to provide a more balanced perspective compared to traditional appraisal methods that may rely solely on a supervisor's evaluation. The diversity of input can highlight different aspects of an employee’s performance, fostering personal growth and development. Moreover, it helps employees understand how their work behaviors and decisions impact others, encouraging a culture of feedback within the organization.

In contrast, job rotation and team building are strategies for employee development and engagement rather than formal performance evaluation methods. Job rotation aims to enhance skills and knowledge by exposing employees to different roles, and team building focuses on enhancing team dynamics and improving collaboration. Merit-based awards are recognition programs tied to performance but do not constitute a formal appraisal process themselves. Therefore, the utility and comprehensive insight provided by 360-degree feedback underscore its prevalence as a performance appraisal method.