Managing the psychological contract successfully is one of the more important and challenging aspects of a manager's job.

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Managing the psychological contract is an important and challenging task for managers as it involves understanding and fulfilling the expectations, beliefs, and perceptions of employees towards their employment relationship with the organization. Failure to manage the psychological contract can result in employee dissatisfaction, mistrust, and disengagement. Therefore, it is crucial for managers to establish clear and realistic expectations, communicate effectively, and fulfill their promises to build and maintain a positive and productive work environment.

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