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.