Given below is the HR policy glimpse of the “VARK-LEARNING” a learning and training solutions company 1. It offers cash rewards for staff members 2. It promotes the culture of employee referral and encourages people to refer people they know may be their friends, ex. Colleagues batch mates, relatives. 3. What all needs do it takes care off according to maslow’s need hierarchy 4. It recognizes good performances and give fancy titles and jackets to the people who perform well and also felicitates them in the Annual Day of the company. What all aspects does it takes care of according to the Maslow’s Need Hierarchy ?
The following needs are taken care of according to
Maslow’s Hierarchy of Needs Theory:
According to this theory,
proposed by Maslow (1943), human beings have wants and desires which influence
their behavior, only unsatisfied needs can influence behavior, satisfied needs
cannot. The needs are arranged in order of importance, from the basic to the
complex. The person advances to the next level of needs only after the lower
level need is at least minimally satisfied. The further they progress up the
hierarchy, the more individuality, humanness and psychological health a person
will show.
The first point of rewarding
the staff members with cash shows the physiological needs which is
satisfied, the staff members will be satisfied to receive any form of monetary
benefits which encourages him to perform better
The second point is the
promotion of referral for employees, this shows that the social need can
be satisfied as with referrals the employee feels to be a part of the company
being responsible for the referral given to the firm, an employee feels
belongingness to his firm/company
The fourth point of
recognition and felicitation for the good performance shown by the employee
satisfies the esteem and self-actualization, the esteem need will
take care of the recognition of one’s work which improves achievement
realization and self respect for one’s work which in turn gains him the status
recognition and attention within the company.
The employee’s drive to become
what he is capable of including one’s growth is satisfied with the
self-actualization needs, along with one’s growth the employee gains the
confidence to achieve to his fullest potential and this gives him the
satisfaction of self-fulfillment
These are among the few things
which are satisfied by Maslow’s Need
Hierarchy the hierarchy is clearly
stated below which shows all the 5 basic needs required by an employee
of the company/firm. Maslow
was a contributor who influenced the human aspects of management in workplace
The above pictorial
representation is the Maslow’s Hierarchy as explained below
Maslow’s Need Hierarchy
Pyramid.
The five needs are:
· Physiological:
Includes hunger, thirst, shelter, sex, and other bodily needs
· Safety: Includes
security and protection from physical and emotional harm
· Social: Includes
affection, belongingness, acceptance, and friendship
· Esteem: Includes
internal esteem factors, such as, self-respect, autonomy, and achievement; and
external esteem factors, such as, status, recognition, and attention
· Self-actualization: The
drive to become what one is capable of becoming; includes growth, achieving
one’s potential, and self-fulfillment
Maslow separated the five
needs into higher and lower orders. Physiological and safety needs are
described as lower-order. Social, esteem, and self-actualization are classified
as higher-order needs. Higher-order needs are satisfied internally, whereas,
Lower-order needs are predominantly satisfied, externally.