Maslow's hierarchy of needs outlines that people must first satisfy basic survival and security needs through financial incentives like good wages and benefits before seeking higher needs like social status and self-actualization. Non-financial incentives are also important for employee motivation, such as varied and interesting work, responsibility, praise, promotion opportunities, and feeling challenged while working as part of a team in a good environment.

1. MASLOWS HIERARCHY OF NEEDS SURVIVAL SECURITY SOCIAL STATUS SELF ACTUALISATION This is the ability to reach full potential This is the basic need of going to work in return for pay Employees like to feel that their jobs are secure People like to belong to groups and work well as part of a team People want to feel that others have respect for them

2. FINANCIAL INCENTIVES GOOD WAGE BONUS PAYMENTS FRINGE BENEFITS (Free Meals, Cheap produce) OVERTIME PAY COMMISSION CONTRACT

3. NON-FINANCIAL PAYMENTS VARIED & INTERESTING WORK GIVEN RESPONSIBILITY PRAISE FOR GOOD WORK PROMOTION OPPORTUNITES WORKING IN A TEAM – GOOD ENVIRONMENT FEEL CHALLENGED IN WORK