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1. • • A psychological contract refers to the unwritten expectations, beliefs, and perceptions that individuals hold about the reciprocal obligations between themselves and their employers. It encompasses both explicit (formal employment terms) and implicit (unspoken expectations) elements of the employment relationship.
     accountend.com/understanding-psychological-contracts-definition-examples-and-significance/

     Understanding Psychological Contracts: Definition, Examples ...

2. www.hrexchangenetwork.com › employee-engagementPsychological Contract – The Pros and Cons

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   Oct 28, 2019 · Unlike a formal, codified employee contract, a psychological contract is an unwritten set of expectations between the employee and the employer. It includes informal arrangements, mutual beliefs, common ground and perceptions between the two parties.

   • Author: Mason Stevenson

3. www.aihr.com › blog › psychological-contractWhat Is a Psychological Contract: Types With Examples

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   The concept of a psychological contract emerged in the 1960s and was rooted in psychological and organizational behavior. It emphasized the human side of the relationship between employee and employer. A psychological contract encompasses the informal beliefs, ambitions, obligations, and expectations the employee and the employer perceives.

4. Videos

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     What is a psychological contract?

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     Psychological contract: What they are and why they are critical

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     Psychological Contract Theory: How Is It Different from Legally Binding Contract

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5. neurolaunch.com › psychological-contractPsychological Contract: Unwritten Expectations in the Workplace

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   Sep 14, 2024 · It’s crucial to understand that psychological contracts differ significantly from formal, written contracts. While a formal contract might stipulate your salary, working hours, and job responsibilities, a psychological contract deals with the intangible aspects of work.

6. mindsair.com › psychological-contractThe Psychological Contract: What Every Organization Needs to Know

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   Definition and Concept. A psychological contract is the unspoken trust between an organization and its workers. It covers things like job security, chances for growth, and work-life balance. These promises are vital for keeping employees happy and engaged.

7. www.shiftbase.com › glossary › psychological-contractPsychological Contracts and Their Impact on Business Outcomes

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   Oct 15, 2024 · A psychological contract is essentially an unwritten agreement between an employee and employer. It captures the silent expectations and perceptions that both parties have towards each other beyond the formal, written employment contract. These can include expectations about job security, career progression, and the work environment.

8. accountend.com › understanding-psychologicalUnderstanding Psychological Contracts: Definition, Examples ...

   accountend.com › understanding-psychological

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   A psychological contract refers to the unwritten expectations, beliefs, and perceptions that individuals hold about the reciprocal obligations between themselves and their employers. It encompasses both explicit (formal employment terms) and implicit (unspoken expectations) elements of the employment relationship.

9. People also ask

   What is a psychological contract?

   • Unlike a formal, codified employee contract, a psychological contract is an unwritten set of expectations between the employee and the employer. It includes informal arrangements, mutual beliefs, common ground and perceptions between the two parties. Vera Hillman, a former HR Exchange Network contributor, has also written about the concept.

   Psychological Contract – The Pros and Cons - HR Exchange Network

   www.hrexchangenetwork.com/employee-engagement/articles/psychological-contract-the-pros-and-cons

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   Is a psychological contract a pro or a con?

   • The psychological contract is the epitome of agility. As the worker changes, so too does the psychological contract shared between the employee and his or her employer. Additionally, it provides a real-time look at the relationship between the two entities. It could be argued that, while this attribute serves as a pro, it can also double as a con.

   Psychological Contract – The Pros and Cons - HR Exchange Network

   www.hrexchangenetwork.com/employee-engagement/articles/psychological-contract-the-pros-and-cons

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   How does a psychological contract affect employees?

   • By maintaining a continuous dialogue about worker expectations and providing career development opportunities, employers can prevent contract breaches and foster a loyal employee base. The impact of the psychological contract extends beyond individual employees, significantly influencing broader organizational outcomes.

   Psychological Contracts and Their Impact on Business Outcomes

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   How difficult is it to enforce a psychological contract?

   • The fact the psychological contract is so easily changed means it is difficult to “enforce” and equally difficult on which to rely for guidance when it comes to the relationship between the employee and employer. Loyalty is a massive asset for employers.

   Psychological Contract – The Pros and Cons - HR Exchange Network

   www.hrexchangenetwork.com/employee-engagement/articles/psychological-contract-the-pros-and-cons

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   What is a balanced psychological contract?

   • Balanced psychological contracts represent a mix of professional and personal engagement between the employer and the employee. These contracts include fair economic exchange (like transactional contracts) but also incorporate elements of support, such as career development opportunities and recognition.

   Psychological Contracts and Their Impact on Business Outcomes

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   How can a psychological contract reshape an employee?

   • Similarly, career development opportunities such as promotions or new project assignments can reshape an employee's psychological contract. It's crucial for employers to communicate changes effectively to prevent psychological contract breaches, which can negatively impact employee engagement and job satisfaction.

   Psychological Contracts and Their Impact on Business Outcomes

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10. oxford-review.com › psychological-contractPsychological contract: What they are and why they are critical

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    What is a psychological contract? The term psychological contract refers to the often unspoken set of expectations and assumptions that two parties (employees and the organisation, its leaders and managers) have of each other about things like how they will behave and act.