Research on Incentive Mechanism for New-Generation Employees Based on Maslow's Hierarchy of Needs Theory

This paper investigates the incentive mechanisms for new-generation employees grounded in Maslow's Hierarchy of Needs Theory.By employing questionnaires and data analysis, the study explores the needs and satisfaction levels of this cohort across five needs levels: physiological, safety, social, esteem, and self-actualization.Findings reveal significant pressure on physiological needs with low satisfaction on compensation, benefits, and work environment.New-generation employees prefer harmonious and open work environments, crave respect and recognition, and prioritize personal growth and development.Based on these insights, the paper recommends optimizing compensation systems, fostering a positive team atmosphere, establishing fair and transparent incentive mechanisms, focusing on personal development, and attending to mental health.These suggestions aim to enhance motivation, work enthusiasm, and loyalty among new-generation employees, ultimately promoting sustainable enterprise development.

Publication Details

Journal
International Journal of Social Sciences and Economic Management
Published
2024-12-12
DOI
https://doi.org/10.38007/ijssem.2024.050303
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
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article

Research on Incentive Mechanism for New-Generation Employees Based on Maslow's Hierarchy of Needs Theory

International Journal of Social Sciences and Economic Management
Entrepreneurship Studies and Influences
article

Research on Incentive Mechanism for New-Generation Employees Based on Maslow's Hierarchy of Needs Theory

article en

Abstract

This paper investigates the incentive mechanisms for new-generation employees grounded in Maslow's Hierarchy of Needs Theory.By employing questionnaires and data analysis, the study explores the needs and satisfaction levels of this cohort across five needs levels: physiological, safety, social, esteem, and self-actualization.Findings reveal significant pressure on physiological needs with low satisfaction on compensation, benefits, and work environment.New-generation employees prefer harmonious and open work environments, crave respect and recognition, and prioritize personal growth and development.Based on these insights, the paper recommends optimizing compensation systems, fostering a positive team atmosphere, establishing fair and transparent incentive mechanisms, focusing on personal development, and attending to mental health.These suggestions aim to enhance motivation, work enthusiasm, and loyalty among new-generation employees, ultimately promoting sustainable enterprise development.

International Journal of Social Sciences and Economic ManagementVol. 5(3)
Openalex Percentile: Top 62%
Entrepreneurship Studies and Influences
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