Performance Related Pay in TYLT Mobile Essay Example | Topics and Well Written Essays - 2750 words

Performance Related Pay in TYLT Mobile - Essay ExampleIn an attempt to practicalize Maslows Hierarchy of Needs, Professor John Callaghan identified that most people aged between the mid-20s and the mid-30s with graduate and postgraduate qualifications and employment in top companies in modern urban settings tend to belong to Level 3 of the Maslow scale The Social Belongingness Stage. This is because most of such persons lay down access to the basic physiological need because most of them are from privileged backgrounds and induct a lot of options and do not see some of these basic needs as necessary. Also, such persons have their well-disposed security needs are settled because they possess good qualifications and with the advantage of being young and energetic, such persons have a lot of prospects and have fewer limitations. Their needs are to build social lives like marriage, joining a strong network of friends and building business links. So the best rewards for them accept s ocioeconomic rewards that would enable them to meet their needs. Also, since these young employees have many options, they need hygienic factors that would make them happy in a given workplace and not necessarily motivators. This is because they often tend to select the best work environment and not just a work environment that pays well. The expectancy theory as well implies that the effort of these young people who dominate the R&D department of TYLT Mobile will want to blend their individual needs which include entrenching their social belongingness needs into their expectations. These expectations would reflect in their performance at work and it would affect the outcome of TYLT Mobiles output. As such, it is reciprocal for TYLT Mobile to find a way of recognizing day-and-night improvement and rewarding them appropriately. This forms a hygienic factor which when