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 8.2 out of 10
Mid-Size Companies (51-1,000 employees)
Workday Peakon Employee Voice offers continuous listening and AI-powered insights, blending sentiment with HCM data to drive engagement, cultural change, and retention.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
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
360 Degree FeedbackWorkday Peakon Employee Voice
Considered Both Products
360 Degree Feedback
Chose 360 Degree Feedback
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, …
Chose 360 Degree Feedback
Both EchoSpan and the other vendor supplied comparable products, so the major difference was the cost involved. EchoSpan is much more affordable and offers a very similar quality of report.
Chose 360 Degree Feedback
I have had my consulting firm for 14 years, and have used many of the major providers of 360s. Echospan's 360 degree feedback tool is simply better in every way, more reliable, easier to use, better for data analysis, customization and reporting.
Workday Peakon Employee Voice
Chose Workday Peakon Employee Voice
Peakon is about the same price but provides much more of a CRM-like feature than Culture Amp. While both solutions have a robust survey tool, the requirements are much greater. Peakon has better dashboards, more intuitive ways of surfacing the important issues, and the ability …
Chose Workday Peakon Employee Voice
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 …
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All AlternativesView all alternativesView all alternatives
User Ratings
360 Degree FeedbackWorkday Peakon Employee Voice
Likelihood to Recommend
9.0
(0 ratings)
10.0
(0 ratings)
Likelihood to Renew
9.6
(0 ratings)
-
(0 ratings)
Performance
9.0
(0 ratings)
-
(0 ratings)
User Testimonials
360 Degree FeedbackWorkday Peakon Employee Voice
Likelihood to Recommend
As a 360 assessment it rates very well when compared to our previous vendor. 360-Degree Feedback is more affordable so it allows departments to avail themselves of the opportunity to help their team members learn more about themselves, which would have been cost-prohibitive with our previous vendor. The support department has been FANTASTIC! Quick responses on all any small issues and easy to work with for customizing templates. The system allows us to add rater groups and increase the group sizes easily.
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Peakon is a very simple way to get valuable feedback about your company. For very very small teams, it would be difficult to keep the results anonymous even though Peakon aggregates responses for small teams. Aside from that, it's difficult to think of a company that wouldn't benefit from such a quick, clean survey every few weeks. Especially in large companies, where leadership can start to get separated from the levels below, this sort of feedback is critical.
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Pros
  • 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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  • 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
  • EchoSpan's 360s are completely customizable, so content improvements are up to the user
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  • 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
I have used Echospan for over 8 years, and they have provided a consistent high level of customer service. I have recommended Echospan to many other clients and colleagues, and they have all been happy as well. I recommend Echospan to any size organization without any reservations
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No answers on this topic
Performance
The system is easy to use, the Echospan support is fantastic and the cost is very competitive.
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No answers on this topic
Alternatives Considered
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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Peakon is about the same price but provides much more of a CRM-like feature than Culture Amp. While both solutions have a robust survey tool, the requirements are much greater. Peakon has better dashboards, more intuitive ways of surfacing the important issues, and the ability to communicate with employees after they respond or provide comments is a game-changer. I also think Peakon's focus on how they can use the data they have available and brought back into the product for features like attrition predictor, makes Peakon a strategic tool for future planning versus a past indicator of employee engagement.
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Return on Investment
  • Improved awareness of employee strengths and weaknesses
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  • 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

Workday Peakon Employee Voice Screenshots

Screenshot of Workday Peakon Employee Voice InsightsScreenshot of Workday Peakon Employee Voice SurveysScreenshot of Workday Peakon Employee Voice Reporting and AnalyticsScreenshot of Workday Peakon Employee Voice FeedbackScreenshot of Workday Peakon Employee Voice TopicsScreenshot of Workday Peakon Employee Voice Reporting and Analytics - 2