Theory of Motivation In Relation to Money-Free-Samples for Students

Questions: 1.Discuss about the Similarities and Relationship among Maslow, Herzberg and Mcgregor theories of Motivation. 2.Discuss about the Similarities in Maslows and Herzbergs Motivation theory. Answers: 1.The Maslows Hierarchy Theory is based on providing proper motivation to the individuals and satisfying the different needs of the individuals as well. Furthermore, the Herzbergs theory includes hygiene as well as motivational approach and this helps in satisfying the needs of the customers as well. Lastly, McGregor X and y approach helps in analyzing the motivation at the workforce that is applied by the managers of the organization. These are the three theories of motivation that has proper relationship with one another and this will help in understanding the similarities as well between one another. From the diagram, it can be analyzed that these three different theories work for creating motivation for the employees in the organization. These are the theories that help in making the employees choose the goals and the needs that will motivate them. 2.Firstly, the Maslows and Herzbergs motivation theory have few similarities that includes that the physiological as well as safety needs are having similarity with the hygiene factors of Herzberg as these both are essential for life (Cao et al., 2013). For example: In order to reach to the safety needs in the Maslows pyramid, the money has to be earned properly and the salary is the hygiene factor in the theory of Herzberg as money has control in maintaining life (Katenova, Mahmood Sharfaraj, 2013) Figure 1: Similarities in Maslows and Herzberg Theory of motivation and hygiene (Source: Created by author) Similarities in Maslows and McGregor Motivation theory Figure 2: Similarities in Maslows and McGregor Motivation theory (Source: Created by author) Similarly, there is relationship between the Maslows and McGregors theory of motivation wherein the individuals who are the ones who dislikes working as well as these are the individuals who have to be controlled as well as threatened to be delivered whatever is required (Malik Naeem, 2013). These are the employees who avoid responsibility and there is no motivation for work. This kind of Theory X employees are compared with the security and safety needs and they cannot perform anything on their own. These are the individuals who cannot be motivated by providing money as well (Lester, 2013). Furthermore, the Theory Y employees are the ones who like working and they are the ones who are self motivated in performing their tasks. These are the employees who do not need much direction from the supervisors and they consider work as an integral part of their life. This kind of theory Y is compared with the Maslows hierarchy theory wherein there is self actualization and self esteem needs among the employees. These are the employees who are motivated with different approaches such as money and other benefits. Therefore it can be inferred that there is a proper relation between the Maslow as well as McGregor theory of motivational approaches (Prottas, 2016). Similarities in Herzbergs and McGregor motivation theory There is a similarity between the Herzberg as well as McGregor motivation theory wherein it relates with the theory Y of McGregor theory. There is a characteristic that is common in both the theories wherein the components of the Herzberg such as recognition, responsibility of the work, advancement as well as motivate people through providing incentives or monetary benefits can have huge effect on making the employees more motivated (Lawter, Kopelman Prottas, 2015). Conclusion Therefore, it can be concluded that there is similarity between the Maslow, McGregor as well as Herzberg theory of motivation in relation to money. The money can be a proper motivational factor that can help in motivating the employees in the entire organization and this is related to the three motivational and hygiene related theories of Maslow, McGregor and Herzberg. References Cao, H., Jiang, J., Oh, L. B., Li, H., Liao, X., Chen, Z. (2013). A Maslow's hierarchy of needs analysis of social networking services continuance.Journal of Service Management,24(2), 170-190. Katenova, M., Mahmood, M., Sharfaraj, M. (2013). EMPLOYEE JOB SATISFACTION IN A TRANSITION ECONOMY: IS HERZBERG THEORY VALID IN KAZAKHSTAN?.Journal of International Management Studies,13(2). Lawter, L., Kopelman, R. E., Prottas, D. J. (2015). McGregor's theory X/Y and job performance: A multilevel, multi-source analysis.Journal of Managerial Issues,27(1-4), 84. Lester, D. (2013). Measuring Maslow's hierarchy of needs.Psychological Reports,113(1), 15-17. Malik, M. E., Naeem, B. (2013). Towards understanding controversy on Herzberg theory of motivation.World Applied Sciences Journal,24(8), 1031-1036. Prottas, D. J. (2016). McGregor's Theory X/Y and Job Performance: A Multilevel, Multi-source Analysis.Journal of Managerial Issues.