Psychological Contract
A person’s overall set of expectations regarding what he or she will contribute to the organization and what the organization, in return, will provide to the individual
Individuals contribute effort, skills, ability, time, loyalty
Organizations provide inducements in the form of tangible/intangible rewards
Psychological ContractA person’s overall set of expectations regarding what he or she will contribute to the organization and what the organization, in return, will provide to the individualIndividuals contribute effort, skills, ability, time, loyaltyOrganizations provide inducements in the form of tangible/intangible rewards
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