Select the Statement That Is True Regarding Maslow's Need Hierarchy

question 20

Multiple Choice

Select the statement that is true regarding Maslow's need hierarchy.

• A) It is a complex and altogether accurate theory of motivation.
• B) It sensitizes managers to the importance of personal growth.
• C) It states that people are motivated to satisfy the higher needs before they try to satisfy the lower needs.
• D) It states that once a need is satisfied, it acts as a powerful motivator.
• E) It postulates that people have three basic sets of needs that can operate simultaneously.

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Definitions:

External Equity

The perception of fairness in compensation when comparing one's salary and benefits to those in similar positions in other organizations.

Internal Equity

The principle of ensuring that employees who perform similar jobs or have comparable skills and responsibilities within an organization are paid equitably.

Competency-Based Pay

A compensation system that rewards employees based on their skills, knowledge, and performance rather than their job title or position.

Skilled-Based Pay

A compensation strategy where employees are paid based on their skills, certifications, or knowledge, rather than their job title or position.