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HUMAN RESOURCES WORD DESCRIPTION
In management and Human Resources, the term 'the Psychological Contract' commonly and somewhat loosely refers to the actual – but unwritten – expectations of an employee or workforce towards the employer. The Psychological Contract represents, in a basic sense, the obligations, rights, rewards, etc., that an employee believes he/she is 'owed' by his/her employer, in return for the employee's work and loyalty.
The Psychological Contract applies to any employer-employee relationship. This notion applies to a group of employees or a workforce, just as it may be seen applying to a single employee.
The Psychological Contract is quite different to a physical contract or document – it represents the notion of 'relationship' or 'trust' or 'understanding' which can exist for one or a number of employees, instead of a tangible piece of paper or legal document which might be different from one employee to another.
This 27-page document explains the concept of The Psychological Contract ins detail. It discusses the theory of psychological contracts in organisational employment, as well as wider 'psychological contracting' in relationships, communications, and societies.
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Source: Best Practices in Human Resources, Employee Management Word: Psychological Contract Word (DOCX) Document, Grant Stanley
ABOUT THE AUTHOR
Grant Stanley BSc (Hons), MA, Pg-Dip, MCIM is a commercial consultant, business leader and former military officer with more than thirty years of experience helping organisations improve sales, marketing and commercial performance.
Throughout his career, Grant has held senior sales, marketing and leadership roles and has advised organisations ranging from ambitious SMEs to some of the
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