THEORIES OF MOTIVATION
Theories of Motivation are divided into two categories:
Content Theories - What motives people.
Progress Theories - How people are motivated.
Maslow's Hierarchy of Needs Theory: a motivational theory in psychology comprising a five-tier model of human needs, often depicted as hierarchical levels within a pyramid. ... From the bottom of the hierarchy upwards, the needs are: physiological, safety, love and belonging, esteem, and self-actualization.
Hezberg's Two Factor Theory: A Theory that states that there are certain factors in the workplace that cause job satisfaction while a separate set of factors cause dissatisfaction, all of which act independently of each other.
ERG Theory: A theory that condenses Maslow's five human needs into three categories: Existence, Relatedness and Growth.
Vroom’s Expectancy Theory: A Theory that assumes that behavior results from conscious choices among alternatives due to what they expect the result of that selected behavior will be.
Equity Theory: the idea that what an individual receives for their work has a direct effect on their motivation. When applied to the workplace, it means an individual will generally aim to create a balance between what they give to the organization compared to what they get in return.
Job Characteristics Theory: A theory that is based on the idea that a task in itself is the key to the employee's motivation. In short, a boring and monotonous job is disastrous to an employee's motivation whereas a challenging, versatile job has a positive effect on motivation.
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