Managing Human Capital Assignment

7023 Words Jan 1st, 2011 29 Pages
Masters of Business Administration

MHC Assignment

ID: B0349ROBS0330

N Akter

Submitted to:

Dr. Kumar

School of Business and Law (SBL)

CONTENTS

|Serial |Contents Name |Page No |
|1 |Introduction |3 |
|2 |Part A: Management and Rewarding Employees with Merit Issues |4 |
|2.1 |Motivation Theories |4 |
|2.2 |Employee Reward and Recognition
…show more content…
According to Maslow's and Abraham Maslow In 1943, one of the most mention is the hierarchy of Needs theory put forth psychologist Abraham Maslow saw human needs in the from of a hierarchy, ascending from the lowest to the highest, and the concluded that when one set of needs is satisfied, this kind of need cases to be a motivator.

Abraham Maslow described five stages a person goes through in which a person cannot move onto the next stage before realizing the current one, those stages are known as Physiological needs such as food & drink etc, Security and Safety needs, Love & Belonging needs, Self Esteem and when the former needs are aspired to, Maslow believed one can achieve self actualisation, Maslow's hierarchy of needs is shown in the following diagram:

[pic]

(Figure 1) Maslow's hierarchy of needs (creatingliberty.com)

Mpaslow believed that there are four stages you have to go through before realising the fifth stage, self actualisation. In his theory of motivation, Maslow stated that you must meet the first stage, before you can move onto the next. The theory suggests that it is very rare for a person to reach self actualisation simply by the way it presents it self. (Katherine Miller)

Frederick Herzberg's contribution his theory of motivational theory took into account two factors which influence motivation in the workplace. They took into account personal motivational factors and external
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