To enhance productivity at the workplace, Motivation is essential. but the question is how to motivate employees. Well, there are various motivational theories.
- Maslow’s Hierarchy of Needs
- Herzberg’s Two-Factor Theory
- McGregor’s X and Y Theories
- McClelland’s Need Achievement Theory
- The Equity Theory
- Value–Percept Theory
- Vroom’s Expectancy Theory
- Porter-Lawler Model
let’s discuss the first theory
Maslow’s Hierarchy of needs
This theory is based on the human requirement, Abraham Maslow explained how individuals behave when they met the requirement. Maslow’s theory indicates that Job satisfaction revolved around employees’ needs and that factors bring them to a reasonable level of satisfaction.
Maslow divided his theory into five different stages as per individuals’ priorities, these five stages are based on the various needs of human beings.
- Stage-1 Physiological needs
- Stage-2 Safety and security needs
- Stage-3 Social needs
- Stage-4 Esteem Needs
- Stage-5 Self- actualization needs
Stage-1 Physiological needs
Physiological needs are basic needs like drinking when thirsty, and eating when hungry, Maslow considered psychological needs as the most essential needs. people are more likely to fulfill these needs first, for instance- If anyone is really hungry then it’s hard to focus on any other thing besides food.
Stage-2 Safety and security
Once the physiological needs are fulfilled then it’s human tendency to think about safety and security which includes saving, investment, and extra income.
Stage-3 Social need
This step involved love feelings and acceptance. These needs include both relationship Romantic relationships as well as tied with friends and family members. It also includes forming a social group. Feeling the love from others and feeling love towards others both are the key points of this stage.
Stage-4 Esteem Needs
This need involved two components- the first component involved Feeling confident and feeling good about oneself. The second component involved feeling valued by others.
Stage-5 Self- actualization needs
Self-actualization needs to involve a feeling of fulfillment all needs are acquired by the individual. A person is living up to the potential. a significant feature of this stage is person looks different from others.