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Mar 1, 2021 · Both relational and transactional psychological contracts dominate the relevant research, and they are most relevant in this paper (De Cuyper, Rigotti, De Witte, & Mohr, 2008; O’Donohue, Grimmer & Teo, 2014). A relational contract consists of exchanges, which are built on trust and implicit emotional attachment (O’Donohue et al., 2014).
- Shirley Chan
- 2021
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.
A psychological contract encompasses the informal beliefs, ambitions, obligations, and expectations the employee and the employer perceives. Essentially, it’s how both parties understand their relationship outside of the written and signed employment contract and what they expect the other party to provide. It’s typically built on the ...
Jun 9, 2020 · Rousseau (1995, 2001) introduced the distinction between “relational” and “transactional” psychological contracts.Relational contracts are usually long term, involve both economic and socioemotional elements, and are typically characterized by an obligation on the employer’s side to provide job security and career development in return for employee loyalty and good quality performance.
- Jocelyn Handy, Dianne Gardner, Doreen Davy
- 2020
Jul 22, 2021 · in terms of these two dimensions, four forms of the psychological contract exist; transactional, relational, hybrid (balanced) and transitional psychological co ntracts, as illust rated in T able ...
Thus, transactional and relational terms are not mutually exclusive, although of course, extreme scenarios can be presented (e.g. employment agencies mostly operate with purely 'transactional' contracts). Transactional type psychological contracts may be sought out by those who prefer low- investment roles, perhaps because they have investments ...
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Feb 3, 2012 · The “psychological contract” is composed of transactional components which are objective and specified (e.g. wage, merit pay, compensations) and relational ones, mostly unwritten and unspecified (e.g. organizational citizenship, extra‐role behaviours, high emotional involvements).
