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Employee motivation and their basic motivational need for financial security

All businesses need to keep their employees motivated in the work they do.  After all, increasing productivity is an issue for the whole of the UK.  As a business, it’s difficult to know what motivational factor is the best one to use for your employees to increase productivity.  Is it: financial reward; recognition; training; project development; promotion; being part of a team; or even the up skilling others?

It may be some or all of these aspects at some stage of an employee’s life.  Finding the right balance and being able to afford this as a business is very difficult.

Employee Motivation – A Human Motivation Theory

Abraham Harold Maslow
developed a theory called:  The Hierarchy of needs

Financial capability

Employee Motivation

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