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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1744 |
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The extent to which their own expectations of what the organization will provide for them and what they owe the organisation in return must match the organisation’s expectations of what it will give and get in return (Schein, 1965).
For an effective psychological contract to be developed, the expectations of both the employee and employer need to be expressed clearly and mutually understood...
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The development of a psychological contract for the employee may include understandings about the nature of what is actually to be exchanged (assuming there is some agreement; money in exchange for time at work), social need satisfaction and security in exchange for hard work and loyalty, opportunities for self-actualization and challenging work in exchange for high productivity, high-quality work, and creative effort in the service of organizational goals, or various combinations of these and other things (Guest, Conway, Briner, Dickman, 1996)...
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