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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 ...
Nov 17, 2005 · Argyris first formally used the term ‘psychological contract’ in 1960, but the idea of an implicit exchange relationship can be traced back to analysis (Menninger's 1958) of the patient-therapist relationship, to the more general ideas of the employer-employee exchange of March and inducement-contribution model (Simon's1958), and even earlier to (Barnard's1938) equilibrium model (Roehling ...
The psychological contract is a type of social exchange relationship. [6] Parallels are drawn between the psychological contract and social exchange theory because the relationship's worth is defined through a cost-benefit analysis. [7]
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. Examples. Psychological contract breaches. Development of the term. References.
There is a consensus among researchers that psychological contracts involve exchange. In promissory terms, psychological contracts are about conditional promises, or what is typically referred to as reciprocal promises. Put simply, the employer does something for the employee and the employee feels obliged to do something in return.
Jan 21, 2015 · The psychological contract is important for experts and management practitioners since it ... The concept of the psychological contract, with its focus on the exchange of perceived promises and ...
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May 3, 2018 · The concept of the psychological contract was originally developed by Denise Rousseau. Rousseau is a H. J. Heinz II University Professor of Organizational Behavior and Public Policy at Carnegie Mellon University. Unlike a formal, codified employee contract, a psychological contract is an unwritten set of expectations between the employee and ...
