Importance Of Maslow's Hierarchy Of Needs Theory

The organizational culture of human behavior is basic in human resource management of any organization. It then implies that the social, physiological and psychological needs of workers are important in the management of an organization. The Maslow’s hierarchy of needs theory addresses the idea of human needs from a psychological perspective and the way the needs are arranged in levels of hierarchy. Moreover, the theory is relevant in the most of the businesses sectors in the current world. The Maslow’s hierarchy of needs theory in psychology was developed by Abraham Maslow to describe human motivation. Maslow argued that every time we seek to gratify the lowest level of needs. Maslow described the five-level hierarchy of needs to have self …show more content…
Financial security is also a key element in the second level of Maslow’s hierarchy of needs. The safety of the employees in an organization can also be evaluated on the basis of whether they are satisfied with the income and wages their get from the employing organization. Also, consideration of whether the payments that employee receives from their work can greatly describe their satisfactory levels. Considerably, satisfaction from the ones payment directly entails high or low performance. Therefore, appropriate wages to employee makes them to be motivated to produce quality work that will see an improvement in their work performance. Apparently, improvement in the performance of workers will also mean a progress in the performance of an organization both in production and …show more content…
In any organization, changes in need of employees keep on changing as one need is met, another one arises. Employees seek for better working conditions and also better pay through their various pursuits of higher needs. The Maslow’s theory on the hierarchy of needs is significantly important in the motivation for employees to seek a higher need and thus they enhance their performance and production. The theory is practically important in many successful organizations especially in the human resource departments. The human resource sector is tasked with ensuring improving performance and thus the Maslow’s theory plays a bigger role in the same. It is therefore crucial for any organization that plans to successfully engage its employees for a high performance to employ the Maslow’s hierarchy of needs theory in its