Hierarchy Of Needs | Meaning and Definition

What is Hierarchy of Needs?

Maslow’s Hierarchy of Needs is a theory aimed at the psychological motivation that is expressed as a five-tiered characteristic of social needs, generally visualized as hierarchical levels within a pyramid. Prior to people, lower-level requirements must be met before higher-level demands may be addressed. Physiological, security, love and belonging, esteem, and self-actualization are the needs.

Higher needs in the hierarchy acquire relevance when an individual thinks they have fully satisfied the preceding need, according to the Hierarchy of Needs theory. 

The notion simplifies your job as an HR professional by allowing you to know exactly how to manage the organization’s human resources in order to help them function better. There is no one-size-fits-all approach to managing human nature’s dynamics, but a template may always assist, with a few adjustments here and there and a willingness to consider unusual cases. The following are some of the advantages of employing Maslow’s Hierarchy in the workplace:

 

  •       At work, employees feel safe and secure.
  •       It helps with the sense of belonging and improves the management skills of individuals in positions of authority.
  •       When this principle is used at work, employees are more likely to stay since they feel valued.
  •       It boosts overall productivity at all levels of the company.