What is the psychological contract between an employee and his or her employer?
A) Terms of employment including the salary and benefits associated with an employee's position
B) Employee's perception about how the company should treat him or her as an employee
C) Beliefs, perceptions, expectations, and obligations that comprise an agreement between individuals and their organizations
D) Formal contract between individuals and their employer that details the beliefs and obligations of both parties
E) Contract an employee signs to verify that he or she is of sound mind to serve in the capacity outlined by his or her job title

Question

Quizplus · Accepted Answer

The psychological contract is an agreement between an employee and their employer that includes the beliefs, perceptions, expectations, and obligations that make up the relationship between the two parties. It is a more implicit agreement than a formal, written contract, and includes factors such as how the employer should treat the employee and what the employee should expect in terms of opportunities for advancement, work-life balance, and recognition for their achievements. The psychological contract is important to establish positive relationships between employees and their employer, but it can also be a source of tension or conflict if either party feels that the other is not living up to their obligations.

What Is the Psychological Contract Between an Employee and His