Theory of Motivation

The article spoke about cutting down on employee benefits as a cost saving effort. In my opinion, employees may be satisfied more so nowadays with just maintaining employment in an ever-growing unemployment rate. The data provided in the article shows that employees now rank job security as the most important aspect of satisfaction. With this in mind, employers can cut back on benefits they offer and still keep employees happy with having a job.

Applying a theory of motivation such as e.g. Herzberg's motivator-hygiene theory, Equity Theory, Vroom's theory, write a 200 word post in which you explain what this data means (using the selected theory). List at least three reasons why workers might be more satisfied with their jobs than in the past. Show the list at least one reason why you think workers may be more motivated by job security rather than salary and benefits in difficult economic times.