The informal understanding between an employee and his/her boss regarding the expected future benefits provided in appreciation of current work is known as:

Question

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The informal understanding between an employee and his/her boss regarding the expected future benefits provided in appreciation of current work is known as a psychological contract. This contract is based on mutual trust and fairness between the two parties rather than being a formal legal agreement like an employment contract or a repatriation contract. A supra-legal contract is not a real term or concept in employment law.

The Informal Understanding Between an Employee and His/her Boss Regarding