Which of the following is a motivational factor leading to job satisfaction according to Herzberg's theory?

Herzberg's theory, often referred to as the two-factor theory, differentiates between hygiene factors and motivational factors when it comes to job satisfaction. According to this theory, motivational factors are those elements that lead to higher levels of satisfaction and are typically intrinsic to the work itself.

Achievements stand out as a clear motivational factor because they directly contribute to an individual's sense of accomplishment and competence. When employees feel they are achieving their goals, they experience an enhanced sense of worth and satisfaction in their work, which can lead to increased motivation and engagement. This sense of achievement is an intrinsic reward that reinforces positive behavior and encourages employees to set and pursue higher goals.

In contrast, the other options listed are considered hygiene factors. Policies and administration, for example, can create a comfortable work environment but do not inherently motivate employees to perform better. Working conditions, while important for preventing dissatisfaction, do not inspire employees to strive for greater accomplishments. Similarly, company loyalty may foster a sense of belonging but does not directly correlate with job satisfaction in the same way achievements do. Therefore, achievements are the most accurate representation of a motivational factor according to Herzberg's framework.