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Employer–employee relationship
- A balanced psychological contract is an employer–employee relationship that features an expectation of career advancement in exchange for high performance on work assignments.
www.sciencedirect.com/science/article/abs/pii/S019188692100194XBalanced psychological contracts in the small business: The ...
Balanced psychological contract: Emphasizes a fair and equitable exchange between employees and organizations. It acknowledges both monetary and non-monetary aspects of the employment relationship, such as work-life balance, professional development, and job security.
Aug 1, 2021 · A balanced psychological contract is an employer–employee relationship that features an expectation of career advancement in exchange for high performance on work assignments. The major purpose of this study was to establish an extended theoretical framework for this hybrid type of contract and quantitatively examine its nomological network.
- Filotheos Ntalianis, Linda Dyer
- 2021
Oct 15, 2024 · 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.
The psychological contract refers to the unwritten, intangible agreement between an employee and their employer, describing the informal commitments, expectations and understandings that make up their relationship.
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
Psychological contracts are what workers believe to be the terms of their agreement with the organization. These are in addition to formal, written contract terms – like wages and benefits – and they often shape workplace behavior and reactions.
Balanced contracts mix elements of transactional and relational contracts. They aim for fairness and balance in the work relationship. These contracts offer flexibility while keeping a sense of mutual commitment.
