I have learned that nearly all employer-employee relationship there is the concept of a psychological contract. While we may believe the relationship is merely based on a formal contract of compensation for participation in the requirements of a job, there is more involved. There are certain assumptions and beliefs employees bring to an organization that form the psychological contract.

Based on the research and reading, what would you provide as a clear definition of psychological contracts?

How would you explain how a psychological contract is important to personal and organizational success?

How would you explain in what ways is it evident in an organization?

1. How would you describe a personal psychological contract in a work situation?

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