Question : Case Study : Recognition and Motivation at XYZ Tech
XYZ Tech recognizes the importance of recognition and motivation in its employee management approach. Consider the following scenario to answer the questions.
Question :
At XYZ Tech, which type of incentive would best fulfill the esteem needs of employees?
Option 1: Monetary rewards
Option 2: Flexible work hours
Option 3: Health benefits
Option 4: Promotion opportunities
Correct Answer: Promotion opportunities
Solution : The correct answer is (d) Promotion opportunities.
Promotion opportunities provide a sense of achievement, advancement, and recognition of an employee's skills, capabilities, and contributions within the organization. This recognition and career growth fulfill employees' esteem needs, as defined in Maslow's hierarchy. It instills a sense of worth, status, and accomplishment, enhancing their self-esteem and contributing to a positive work environment.