Psychological contracts include both tangible items such as wages, benefits, employee productivity, and attendance; and intangible items such as loyalty, fair treatment, and job security.

Question

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This statement is true. Psychological contracts encompass both tangible (such as pay and benefits) and intangible (such as job security and fairness) aspects of the relationship between employees and their employer.

Psychological Contracts Include Both Tangible Items Such as Wages, Benefits