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Maslow’s theory state a persons needs hierarchy with basic needs at bottom which are followed by security needs, social needs, esteem needs and self actualization needs. Up to esteem needs level employee motivation or satisfaction can be maintained by factors such as salary, benefits, job security, and company policy etc while on other hand to deal with people at self actualization level factors known as motivators would be needed. This includes employee achievement, employee recognition, and employee growth.

Lyndsay Swinton (2006) “How to Increase Your Work and Life Satisfaction: Put Abraham Maslow Theory into Practice”,  Armstrong says that there are number of tools to compensate people and compensation management leads to develop a positive employment relationship and psychological contract that adopts a total compensation approach.

Armstrong and Brown (2006) see intrinsic rewards are more concerned with learning and development and work experience. There are number of examples of total reward in contemporary companies. One of which is Land’s End, where total reward covers the whole of the employment relationship from financial rewards to pride, appreciation, challenging work and fun, leader relations and involvement.

Intrinsic rewards such as job allocation, ‘job and knock’ – a practice that allows the employee to leave early if their job is complete, flexibility is given around meal breaks and job security is provided. Decisions on job allocation, the reward of time (for example, to work from home or have some time away from normal duties), access to training, and recognition, which might help develop a sense of job security, are often used. Some small-scale rewards are mainly symbolic in value but are provided by the employer for line managers to use, such as mini awards (a team lunch or picnic), or a bottle of champagne or a ‘goodie box’.

During the Football World Cup 2006, a variety of incentives were used to encourage attendance at work as many football fans miss their work to support their team, including spot prizes, raffles, money, and TV screens to watch the matches. Absence dropped to its lowest level due to this practice. Managers can also show recognition just by listening to staff and praising good work, they can do this by giving verbal praise such as ‘well done’ and 本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。