From the course: Rewarding Employee Performance
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Reward according to their needs
From the course: Rewarding Employee Performance
Reward according to their needs
- In 1954 Abraham Maslow wrote his influential wide paper on the Hierarchy of Needs. He identified five basic human emotional needs, physiological need to survive, such as food and shelter, security, belonging, ego gratification, and self-actualization. Any reward or incentive program you're considering should keep in mind the different needs of your employees. Let's start with the physiological ones, the most basic of needs. That means having enough food on a table and shelter over our heads to survive. But today survival may also mean the ability to obtain an education, remain healthy, and transport oneself. The scary thing is in a country with our abundance there are plenty of people struggling to survive. It may be the employee in the garment retail or service industry who earns a minimum wage, which forces them to work a second job simply to get by. Or the single parent running for his or her life living from paycheck to paycheck. For these workers recognition is great, but…
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Contents
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The importance of rewarding great performance2m 48s
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(Locked)
Discretionary vs. nondiscretionary rewards3m 26s
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Individual, team, or company-based rewards?3m 12s
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The Cobra Effect3m 17s
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The marketing formula2m 54s
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Clear and consistent rewards2m 30s
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Reward according to their needs5m 4s
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Five considerations about rewards3m 35s
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