The latest knowledge learned in the HR compenstation realm dealt with motivation theories.   SUPER interesting!  (FYI, no sarcasm here -- I know I can be hard to read through words).  I'm pretty sick of hearing about maslow's hierarchy of needs.  But this week my prof lectured on a couple different motivation theories that were pretty interesting.
Maslow's pyramid of needs starts with the most basic at the bottom, physical.  As needs at the bottom level are met, a person is able to move on to other needs until they are all filled (except for the highest one, self-actualization.  I don't think you can fully meet that need.  Maybe I need to study this more  (sarcasm-> gee, can I?).  He proposed the idea that compensation and fulfilling these needs are correlated.  Compensation provides a means to filling these needs - especially the first two levels of needs- physical and safety needs.  Fine, I give you that.
But he went on to say that compensation can get you all the needs, with the exception of self-actualization (which he thought could, to a point).  I think I have a problem with the fact that business people think money can buy anything and everything.  Yes it can buy a place to live, food, water, etc.  But self-esteem?  Hmm.
As you move up the pyramid, the influence compensation has decreases.  In our society, it's very common for business-people, and people in general, to equate wealth with feelings of self-esteem, happiness, etc.  I have a problem with this, and an obviously different viewpoint on it because I am a Christian.  But I think this topic is interesting, and I'd like to study these motivation theories more.
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