The ideal psychological contract for both employers and employees can be summarized as,

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  • Summary

  • Contents

  • Subject index

The relationship between workers and firms are changing worldwide. Nowhere is this more evident than in the psychological contracts of employment. This book combines the cross-national perspectives of organizational scholars from thirteen countries to examine how societies differ in the nature of psychological contracts in employment and how global business initiatives are bridging these differences. The contributors include social scientists with deep knowledge of the particular societies they describe, and whose personal scholarship involves psychological contract phenomena locally as well as abroad. Readers of Denise Rousseau's award winning book, Psychological Contract in Organizations (Sage 1995) will welcome the extension of this ground-breaking work into the global arena.

Chapter 14: Psychological Contracts in the United States: Diversity, Individualism, and Associability in the Marketplace

Psychological Contracts in the United States: Diversity, Individualism, and Associability in the Marketplace

Psychological contracts in the United States: Diversity, individualism, and associability in the marketplace

I took one draught of life,

I'll tell you what I paid,

Precisely an existence—

The market-price, they said.

—Emily Dickinson

The United States is a veritable laboratory for developing idiosyncratic and distinct employment relations. In contrast with other industrialized nations, ...

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What is a psychological contract between employer and employee?

What is the psychological contract? The term 'psychological contract' refers to individuals' expectations, beliefs, ambitions and obligations, as perceived by the employer and the worker. The concept emerged in the early 1960s and is core to understanding the employment relationship.

What is good psychological contract?

Unlike a formal, codified employee contract, a psychological contract is an unwritten set of expectations between the employee and the employer. It includes informal arrangements, mutual beliefs, common ground and perceptions between the two parties.

What are the two types of psychological contracts?

Rousseau categorized the concept of psychological contracts into two different types, transactional and relational.

What would be key elements of the psychological contract for both you and your employer?

The importance of the psychological contract The strength of this contract can be influenced by a whole range of factors, including manager behaviour, available support, job security, opportunities for learning or career development, and perceptions of fairness of treatment, especially in relation to pay and benefits.

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