Search results
Enhances organizational performance
- A well-managed psychological contract enhances organizational performance by aligning employee expectations with the company’s goals. When employees understand and agree with what is expected of them and what they can expect in return, they are more likely to be motivated, productive, and committed to the organization’s success.
www.shiftbase.com/glossary/psychological-contractPsychological Contracts and Their Impact on Business Outcomes
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.
- Mason Stevenson
The importance of a psychological contract in the workplace. A psychological contract helps establish trust and commitment between the employer and employee. Both clearly understand what is expected from them in the workplace and can focus on delivering.
Oct 15, 2024 · As the term psychological contract describes, these agreements play a crucial role in shaping interactions between employees and employers, directly impacting job satisfaction and organizational performance.
WHAT IS A PSYCHOLOGICAL CONTRACT? Psychological contracts form the foundation of trust and engagement within organisations. While formal contracts lay out the terms and conditions of employment, psychological contracts delve into the realm of unspoken expectations, beliefs, and mutual commitments.
Mar 23, 2011 · In this context, the "psychological contract" — an unwritten pact that complements the economic arrangement between the employee and the company and defines the psychological commitment between the two parties — has taken on critical importance. Reciprocity between an individual and the company brings balance to the organization.
The literature related to psychological contract and organizational commitment has been producing work independently, providing valuable knowledge in order to better address efficiency within the organizational context.
People also ask
How does a psychological contract affect organizational performance?
Why are psychological contracts different?
How can a psychological contract help a company?
Do psychological contracts affect employee engagement and organizational success?
What are the practical implications of research on psychological contracts?
Is organizational commitment a psychological contract?
We highlight the practical implications of research to date on psychological contracts and end with directions for future research to include the need for greater attention given to ideological currency, employee health, polycontextual approaches, the role of psychological needs, and post-breach/violation.
