Job shifting and its economic effect of the motivation of workforce
By: Biswas, Soumendu.
Material type:
ArticlePublisher: 2002Description: p.5-10.Subject(s): Motivation | Employment
In:
Indian Journal of Training and DevelopmentSummary: This paper focuses on the economic aspects of human motivation in the light of the current trend of high rate of job shifting by the middle and upper - middle class salaried and urban population. In this paper, an effort has been made to partition income and consumption into components related to lower and higher order motivational needs. The basic framework of this paper is to collude the Permanent Income Hypothesis as developed by Milton Friedman and others and abraham Maslow's Hierarchy of Needs theory. The outcome of this article is a suggestion that higher order needs can be fulfilled only with higher level of economic rewards. Maslow himself had suggested that individuals are continuously trying to fulfil their lower order needs in order to satisfy more higher order needs. The current trend of high job shifting, or alternatively high employee attrition rate, is a reflection of this hypothesis of Maslow, reinforced by the fact that satisfaction of higher order needs requires the backing of higher economic reward. Thus, in the final analysis, job shifting is an attempt to satisfy higher order needs through the backing of enhanced income level.- Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 32, Issue no: 2 | Available | AR53841 |
This paper focuses on the economic aspects of human motivation in the light of the current trend of high rate of job shifting by the middle and upper - middle class salaried and urban population. In this paper, an effort has been made to partition income and consumption into components related to lower and higher order motivational needs. The basic framework of this paper is to collude the Permanent Income Hypothesis as developed by Milton Friedman and others and abraham Maslow's Hierarchy of Needs theory. The outcome of this article is a suggestion that higher order needs can be fulfilled only with higher level of economic rewards. Maslow himself had suggested that individuals are continuously trying to fulfil their lower order needs in order to satisfy more higher order needs. The current trend of high job shifting, or alternatively high employee attrition rate, is a reflection of this hypothesis of Maslow, reinforced by the fact that satisfaction of higher order needs requires the backing of higher economic reward. Thus, in the final analysis, job shifting is an attempt to satisfy higher order needs through the backing of enhanced income level.- Reproduced.
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