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1. • • However, the psychological contract describes the relationship between employers and workers and influences how people behave from day to day. Unlike the legal contract of employment, the psychological contract is not tangible. It’s built on the everyday actions and statements made by one party and how they are interpreted by the other.
     www.cipd.org/uk/knowledge/factsheets/psychological-factsheet/

     Psychological Contract - CIPD

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

   www.aihr.com › blog › psychological-contract

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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.

3. www.hrexchangenetwork.com › employee-engagementThe Importance of the Psychological Contract

   www.hrexchangenetwork.com › employee-engagement

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   May 3, 2018 · The psychological contract is an important agreement between employees and employers. This article looks at the key element of the contract: communication. It also looks at the role diversity plays and how breaches occur and how to avoid them.

   • Author: Mason Stevenson

4. Videos

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     What is a psychological contract?

     Nov 7, 2018

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

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     The Psychological Contract

     Aug 7, 2022

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5. www.personio.com › hr-lexicon › psychologicalThe Psychological Contract: How And Why It Works - Personio

   www.personio.com › hr-lexicon › psychological

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   The psychological contract is an agreement, unwritten but understood, that outlines the expectations, beliefs, ambitions, and obligations that characterize the relationship between employer and employee. From day one, it influences how employees behave.

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

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   Oct 15, 2024 · Understanding the different types of psychological contracts can help employers manage their teams more effectively. Transactional psychological contract. A transactional psychological contract is characterized by specific, short-term, and economic-focused agreements.

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

   oxford-review.com › psychological-contract

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   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.

8. krs-associates.com › psychological-contracts-whyPsychological Contracts: Why they are important and how to ...

   krs-associates.com › psychological-contracts-why

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   A psychological contract (PC) is a reciprocal exchange of an unwritten promise formulated between and employee and an employer. Stemming from psychological foundations, PCs provide a powerful rationale for why employers must attend to the ‘human’ side of the employee-employer relationship.

9. People also ask

   What is a psychological contract?

   • 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.

   What Is a Psychological Contract: Types With Examples

   www.aihr.com/blog/psychological-contract/

   See all results for this question

   How does a psychological contract affect employees?

   • Commitment on the part of the employee is reduced. There is less job satisfaction. There may also be a withdrawal of behavior. For instance, the employee is less willing to work hard, to share ideas, and to be a good work citizen. At the end of the day, the psychological contract is the responsibility of both the employee and the employer.

   The Importance of the Psychological Contract - HR Exchange Network

   www.hrexchangenetwork.com/employee-engagement/articles/the-importance-of-the-psychological-contract

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   What are the benefits of a psychological contract?

   • Consistent interaction between employer and employee can improve employee loyalty and further allows the employee to use their talent to promote and progress the company’s goals. The benefit of a psychological contract versus a more codified contract is that it is individually focused.

   The Importance of the Psychological Contract - HR Exchange Network

   www.hrexchangenetwork.com/employee-engagement/articles/the-importance-of-the-psychological-contract

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   How does a psychological contract evolve?

   • A psychological contract may evolve as business strategies and employee roles change. For example, a shift in market conditions might lead the company to alter its strategic direction, which can affect employee roles, expectations, and perceptions.

   Psychological Contracts and Their Impact on Business Outcomes

   www.shiftbase.com/glossary/psychological-contract

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   Is there a need to psychological contract?

   • In this review we show that there is a need to psychological contract. The review opens by understanding in this area. Subsequently, key in the literature are then addressed. Finally, this the employment relationship. (1989; 1995; 2001). However, the concept has a exchange theory.

   The Psychological Contract: a critical review

   researchrepository.universityofgalway.ie/bitstream/handle/10379/2076/Psychological Contract.pdf?sequence=3

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   What are the benefits of a psychological contract versus a codified contract?

   • The benefit of a psychological contract versus a more codified contract is that it is individually focused. Every psychological contract is different because each employee is different. Do not underestimate the impact of diversity. This can make a huge impact on both the employee and the employer.

   The Importance of the Psychological Contract - HR Exchange Network

   www.hrexchangenetwork.com/employee-engagement/articles/the-importance-of-the-psychological-contract

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10. researchrepository.universityofgalway.ie...The Psychological Contract: a critical review

    researchrepository.universityofgalway.ie...

    Literature on the psychological contract has blossomed progressively over the last ten years to the extent that it is now firmly located within the lexicon of the Human Resource Management (HRM) discipline. Yet as this review indicates, the theoretical assumptions that seem to pervade the psychological contract literature are not without major