What is the psychological contract that exists in the workplace?
A)The employer's legal obligation to provide a fair wage or salary for the work an employee performs.
B)The use of a fair process in decision making and helping others know that the process was as fair as possible.
C)The comparison of the ratio of an employee's outcomes to inputs against the outcome-to-input ratio of some comparison person.
D)The degree to which employees want personal and psychological development.
E)The set of perceptions of what employees owe their employers and what their employers owe them.

Question

Quizplus · Accepted Answer

In employees' minds there exists a psychological contract, a set of perceptions of what they owe their employers and what their employers owe them. This contract, whether it is seen as being upheld or violated-and whether the parties trust one another or not-has important implications for employee satisfaction and motivation and the effectiveness of the organization.

What Is the Psychological Contract That Exists in the Workplace