360 Degree Feedback vs. Workday Peakon Employee Voice

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
360 Degree Feedback
Score 9.0 out of 10
N/A
EchoSpan 360-Degree Feedback is an employee surveying and evaluation tool. It features a competency library for testing employees, as well as reporting and developmental suggestions.
$3
per month
Workday Peakon Employee Voice
Score 8.5 out of 10
Mid-Size Companies (51-1,000 employees)
Peakon is an employee engagement application now from Workday (acquired August 2021) which emphasizes getting useful and actionable data from employee surveys, and with that as a goal includes features to ensure all employees are sufficiently included, that surveys do not induce fatigue, and that data is not lost from open-ended responses, all with the goal of ensuring that employees feel heard and are invested in their company.N/A
Pricing
360 Degree FeedbackWorkday Peakon Employee Voice
Editions & Modules
Basic
$3
per month
No answers on this topic
Offerings
Pricing Offerings
360 Degree FeedbackWorkday Peakon Employee Voice
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
360 Degree FeedbackWorkday Peakon Employee Voice
Top Pros
Top Cons
Best Alternatives
360 Degree FeedbackWorkday Peakon Employee Voice
Small Businesses
Zoho People
Zoho People
Score 8.9 out of 10
Submittable
Submittable
Score 8.9 out of 10
Medium-sized Companies
Reviewsnap
Reviewsnap
Score 9.0 out of 10
Bridge Learning Platform
Bridge Learning Platform
Score 9.9 out of 10
Enterprises
Zoho People
Zoho People
Score 8.9 out of 10
Bridge Learning Platform
Bridge Learning Platform
Score 9.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
360 Degree FeedbackWorkday Peakon Employee Voice
Likelihood to Recommend
9.0
(3 ratings)
10.0
(2 ratings)
Likelihood to Renew
9.6
(2 ratings)
-
(0 ratings)
Performance
9.0
(1 ratings)
-
(0 ratings)
User Testimonials
360 Degree FeedbackWorkday Peakon Employee Voice
Likelihood to Recommend
TalentGuard
I can't imagine a scenario where it is less appropriate than any other 360 tool. It's easy to use, customizable, and inexpensive. Reports are easy to interpret. Great tool for anyone looking to implement a new 360.
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Workday
Peakon is a great solution whether you are thinking of pulsing your employees weekly, monthly, or even yearly. The solution provides great dashboards, easy reporting, on the fly segmentation creation, and ways to really dive deep into your people data. I think it's a bit expensive for very early-stage companies, so I would love to see them create a startup/early-stage version or pricing because it has become an invaluable tool for any size company.
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Pros
TalentGuard
  • EchoSpan was extremely supportive in the initial training portion and is extremely quick to offer support when required.
  • Filled our request for customization and were easy to work with.
  • Excellent on-line training videos
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Workday
  • Peakon looks beautiful and feels very light, which is comforting when you're (potentially) giving negative feedback and feel anxious. The emails are friendly and the survey is super clean.
  • The surveys are very easy to navigate. You can answer as many or as few questions as you like, skipping forward and backward, and choosing to provide comments when you want. It's low pressure and feels flexible.
  • The HR department is able to respond to your comments. You can then have a back and forth conversation while remaining anonymous. This really helps employees further explain and contextualize their survey comments without identifying themselves personally.
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Cons
TalentGuard
  • EchoSpan's 360s are completely customizable, so content improvements are up to the user
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Workday
  • The only major issue is the integrations factor. I wish there was more integrations work from HRMS core systems or even other dashboard solutions.
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Likelihood to Renew
TalentGuard
Customer support and the cost of the product would be my number one reasons. Customer support is fantastic!
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Workday
No answers on this topic
Performance
TalentGuard
The system is easy to use, the Echospan support is fantastic and the cost is very competitive.
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Workday
No answers on this topic
Alternatives Considered
TalentGuard
I've seen or used several of the other 360 tools. EchoSpan is better in nearly every way. It is more customizable. It can be administered completely by someone internally, so no need to request someone to set up a 360 - you can just do it yourself. Competency library is great, and you can create others if you want to. Reports are easy to interpret. Very good customer service
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Workday
SurveyMonkey is a great survey tool that also allows responders to stay anonymous, but I think Peakon is more effective for corporate feedback. It offers more reports and analytics specifically for HR and feels more professional. We often use SurveyMonkey for more lighthearted surveys (e.g., what to eat for team lunch) while keeping Peakon for employee feedback.
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Return on Investment
TalentGuard
  • Greater feedback at all levels
  • Increased awareness of challenges and opportunities
  • Better communication and collaboration
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Workday
  • When we moved to WFH due to COVID, we use Peakon a regular basis to understand what employees are thinking. We lost the serendipity of talking to people during chance encounters in the office, Peakon has replaced those conversations.
  • We saw an incredible year in spite of COVID, while there are so many internal and external factors contributing to that success, we can see that having engaged and happy employees has an impact on our business. We also see what happens when they are not engaged or happy.
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ScreenShots

360 Degree Feedback Screenshots

Screenshot of Snapshot of a ReviewScreenshot of Integrated Development Planning Module