What experiences effectively ended the loyalty and commitment-based contract that employees had developed with employers?
A) Employers took steps to cut costs through workforce reduction as the demands for global competitiveness increased.
B) Employers began to say that employees were not that valuable to the company's success.
C) Employees' desire for job security changed, and they no longer had a psychological need for security.
D) Employers began to offer work-life balance perks to lure talented workers away from their current employers, and loyalty suffered.
E) Employers felt that employees were not living up to the conditions of their psychological contracts.

Question

Quizplus · Accepted Answer

The trend of workforce reduction and cost-cutting measures taken by employers in order to compete globally resulted in the loss of job security and benefits that were previously offered, leading to a decline in employee loyalty and commitment to their employers.

What Experiences Effectively Ended the Loyalty and Commitment-Based Contract That