Explanation:

- Option 1: Employee empowerment

- Focuses on giving employees control and responsibility over their work.

- Aims to boost job satisfaction and motivation by involving employees in decision making.

- Option 2: Job security

- Provides employees with assurance of continued employment.

- Helps in reducing stress and enhances loyalty by decreasing fear of job loss.

- Option 3: Status

- Pertains to the rank or position an individual holds.

- Satisfies psychological, social, and esteem needs through designations, titles, and recognition.

- Option 4: Perquisites

- Refers to additional benefits or perks offered to employees.

- Includes company cars, housing, and other non-monetary benefits apart from salary.

- Correct Answer: Option 3 - Status

- This is because the focus is on satisfying psychological, social, and esteem needs through designations.